Moniwar
Crypto Overview
Project Overview
Moniwar (MOWA) is a blockchain gaming ecosystem that combines NFT gaming and DeFi elements. The project aims to create play-to-earn games where players can collect monsters (Moni) and engage in battles while earning rewards.
Purpose and Utility
The MOWA token serves as the primary utility token within the Moniwar ecosystem. Its intended uses include: Purchasing in-game items and NFTs, Staking for rewards, Governance participation in the DAO, and Payment for marketplace transactions.
Business Model Evaluation
The core business model revolves around gaming and NFT trading, which are permissible activities from an Islamic perspective as they involve the exchange of digital assets with clear utility. The platform does not explicitly promote gambling mechanics in its games, though there are DeFi elements that require careful consideration.
Development and Adoption
The project shows ongoing development activity, with regular updates to their gaming platform. However, current usage metrics and adoption rates are relatively modest. The team maintains active communication through their social media channels and community platforms.
Token Distribution
The token distribution shows a structured allocation with vesting periods for team and advisor tokens. While detailed metrics are limited, there appear to be reasonable measures to prevent sudden token dumps by insiders.
Crypto Impact
To assign a comfort level investing in Moniwar from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Moniwar.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.