PixelRealm
Crypto Overview
Overview
PixelRealm (NFTB) is a cryptocurrency project that aims to create a virtual NFT marketplace and gaming ecosystem. The token serves as both a governance and utility token within their platform.
Purpose & Utility
The stated purpose is to facilitate transactions within their NFT marketplace and gaming ecosystem, while also providing governance rights to token holders. The token is currently being used for its intended purposes within their ecosystem.
Business Model Analysis
The business model appears to involve legitimate exchange of digital assets and creation of real value through their NFT marketplace and gaming features. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content.
Platform Development & Adoption
The project shows ongoing development activity with regular updates to their platform. While adoption levels are still growing, this does not impact the halal assessment of the token.
Token Distribution
The token distribution appears reasonable with vesting periods in place for team allocations. Smart contract audits have been conducted and publicly released.
Crypto Impact
To assign a comfort level investing in PixelRealm 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 PixelRealm.
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.