Monsterra (MSTR)
Crypto Overview
Overview
Monsterra (MSTR) is a blockchain-based game built on the BNB Chain that combines NFT gaming and DeFi elements. The project aims to create a monster-themed metaverse where players can collect, breed, and battle with monster NFTs while earning rewards through gameplay.
Purpose and Utility
The MSTR token serves as the primary utility token within the Monsterra ecosystem. Its intended uses include: governance rights, in-game purchases, staking rewards, and marketplace transactions for NFTs.
Business Model Analysis
The core business model revolves around gaming and NFT trading, which fundamentally involves the exchange of digital assets. The game mechanics focus on monster collection and battling, similar to other monster-collecting games.
Development and Adoption
The project has maintained development activity, with regular updates to their gaming platform. The team has been transparent about their development process through their official channels.
Token Distribution
Based on available information, the token distribution includes allocations for the ecosystem, team, and early investors with standard vesting periods.
Revenue Model
The primary revenue streams come from NFT sales, marketplace fees, and in-game transactions - all of which involve actual exchange of assets and utility.
Crypto Impact
To assign a comfort level investing in Monsterra (MSTR) 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 Monsterra (MSTR).
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