Moon Rabbit
Crypto Overview
Overview
Moon Rabbit (AAA) is a decentralized blockchain project that aims to create a cross-chain platform enabling development of decentralized applications with a focus on gaming and NFTs. The project utilizes a Proof-of-Stake consensus mechanism.
Purpose and Utility
The stated purpose of Moon Rabbit is to provide a platform for blockchain gaming and NFT applications, with its native token AAA serving as the governance and utility token within the ecosystem. The token is used for transaction fees, staking, and governance voting.
Business Model Analysis
The core business model revolves around providing blockchain infrastructure for gaming and NFT applications, which is permissible from an Islamic perspective as it involves the exchange of real digital assets and creation of utility.
Development and Adoption
The project maintains an active GitHub repository and continues development work on its core infrastructure. While adoption remains limited, this is not a concern from a Shariah compliance perspective.
Token Distribution
The token distribution includes allocations for development, ecosystem growth, and community incentives. There are vesting schedules in place for team allocations, which demonstrates some level of commitment to long-term development.
Crypto Impact
To assign a comfort level investing in Moon Rabbit 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 Moon Rabbit.
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.