MonkeyLeague
Crypto Overview
Purpose and Utility
MonkeyLeague is a web3 esports game built on the Solana blockchain where players compete in soccer matches using NFT characters (MonkeyPlayers). MBS serves as the primary utility token within the MonkeyLeague ecosystem, used for in-game purchases, rewards, and governance.
Business Model & Implementation
The platform generates revenue through NFT sales, marketplace fees, and tournament entry fees. Players can earn MBS tokens through gameplay, tournaments, and various in-game activities. The business model appears transparent and focuses on gaming entertainment without involving prohibited activities.
Real-World Adoption
The project has established partnerships with Solana and AtomicHub. While exact user numbers aren't publicly available, the platform maintains regular tournament schedules and community events.
Development Activity
The development team regularly updates the platform with new features and gameplay improvements. The project maintains an active GitHub repository and consistently releases updates to their gaming ecosystem.
Token Distribution
The token distribution includes allocations for the team, advisors, and development fund, with vesting periods in place to prevent immediate selling. The exact distribution percentages are publicly available in their documentation.
Crypto Impact
To assign a comfort level investing in MonkeyLeague 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 MonkeyLeague.
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.