MyNeighborAlice

Project Overview

MyNeighborAlice (ALICE) is a blockchain-based multiplayer builder game where players can buy and own virtual islands, collect in-game items, and interact with other players. The game is built on the Chromia blockchain platform, with ALICE serving as the main utility token.

Purpose and Utility

The ALICE token serves multiple legitimate purposes within the ecosystem: It's used for purchasing virtual land and in-game assets, participating in the game's governance through a DAO structure, and staking to earn rewards from the game's revenue. Players can truly own their digital assets through NFTs, which can be traded on various marketplaces.

Business Model Evaluation

The business model centers around creating and trading virtual assets in a gaming environment. The core activities involve: Virtual land ownership and development, Asset creation and trading, Community governance, and Revenue sharing through staking. These activities represent real value exchange and don't inherently involve prohibited elements like gambling or interest-based lending.

Development and Adoption

The project maintains active development, with regular updates to both the game and platform. The team has established partnerships with notable gaming and blockchain entities. While adoption is still in early stages, this doesn't impact its Sharia compliance status.

Token Distribution and Governance

The token distribution includes allocations for the team, development, community rewards, and public sale participants. Team tokens have vesting periods to ensure long-term alignment. The project emphasizes transparent governance where token holders can participate in decision-making regarding game development and economics.