MonkeyLeague

Halal Rating :
Comfortable
Last Price $0.013 Last updated:
Rank 1083
1D Change 0.86 %
Market Cap $2.46m
Circulating supply 182,625,435
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Gaming
  • Solana Ecosystem
  • Play To Earn

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”.

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