My DeFi Pet

Halal Rating :
Comfortable
Last Price $0.019 Last updated:
Rank 2106
1D Change 1.55 %
Market Cap $824850.04
Circulating supply 43,365,433
Maximum supply None

Crypto Overview

Categories
  • Collectibles & NFTs
  • Gaming
  • Animoca Brands Portfolio
  • OKX Ventures Portfolio
  • BNB Chain Ecosystem

Overview

My DeFi Pet (DPET) is a blockchain-based virtual pet game that combines DeFi, collectibles, and gaming. Players can collect, breed, evolve, and trade virtual pets while participating in various game activities.

Purpose and Utility

The primary utility of DPET tokens is to serve as the in-game currency for the My DeFi Pet ecosystem. Players use DPET for purchasing pets, items, breeding, evolution, and participating in various game activities. The token also provides governance rights to holders.

Business Model Analysis

The project generates revenue through in-game transactions, marketplace fees, and breeding mechanics. The game's core mechanics involve collecting and trading digital assets (pets) which represents actual ownership transfer and value exchange.

Real-World Adoption

The game has maintained an active user base since its launch, particularly in Southeast Asian markets. The project has partnerships with Binance Smart Chain and KardiaChain.

Platform Development

The development team regularly updates the platform with new features and gameplay elements. The project maintains active social media presence and community engagement.

Token Distribution and Governance

DPET follows a transparent token distribution model with defined allocations for gaming rewards, development, and ecosystem growth. The project implements a governance system allowing token holders to participate in decision-making.

Crypto Impact

To assign a comfort level investing in My DeFi Pet 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 My DeFi Pet.

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.

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