Myria

Halal Rating :
Comfortable
Last Price $0.002 Last updated:
Rank 645
1D Change -3.72 %
Market Cap $54.5m
Circulating supply 26,935,480,809
Maximum supply 50,000,000,000

Crypto Overview

Categories
  • Collectibles & NFTs
  • Zero Knowledge Proofs
  • Gaming
  • Ethereum Ecosystem
  • Layer 2
  • Gaming Guild

Purpose and Utility

Myria is a Layer-2 scaling solution built on Ethereum that focuses on blockchain gaming and NFT infrastructure. The MYRIA token serves as the ecosystem's native currency for governance, staking, and rewards within their gaming platform.

Business Model Analysis

The platform aims to provide a suite of developer tools and infrastructure for building blockchain games and NFT applications. The business model appears focused on legitimate technological development rather than prohibited activities.

Real-World Adoption

Myria has launched several blockchain games and maintains partnerships with game developers. The platform shows active development and community engagement, though adoption remains in early stages.

Token Distribution and Governance

The token distribution includes allocations for ecosystem development, team members, and community rewards. While specific vesting details are public, a significant portion is allocated to the team and early backers.

Technology and Revenue Model

The primary revenue streams come from transaction fees, NFT marketplace fees, and gaming infrastructure services. The platform does not appear to facilitate interest-based lending or gambling activities.

Crypto Impact

To assign a comfort level investing in Myria 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 Myria.

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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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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