NvirWorld

Halal Rating :
Comfortable
Last Price $0.00075 Last updated:
Rank 2124
1D Change 8.45 %
Market Cap $788237.2
Circulating supply 1,052,511,922
Maximum supply None

Crypto Overview

Categories
  • Ethereum Ecosystem

Project Overview

NvirWorld is a blockchain ecosystem that aims to integrate various services including NFT marketplace, DeFi, and metaverse functionalities. The project utilizes the NVIR token as its native cryptocurrency for governance and utility within its ecosystem.

Intended Utility

The NVIR token is designed to serve multiple functions within the NvirWorld ecosystem: governance rights, NFT marketplace transactions, and access to platform services.

Business Model Analysis

The core business model appears to focus on creating a sustainable blockchain ecosystem where users can participate in NFT trading, platform governance, and various decentralized services. The project does not explicitly engage in interest-based lending or gambling activities.

Development and Adoption

The project shows ongoing development activity, though detailed information about current adoption rates and active user base is limited. The team maintains regular updates to their platform and continues to work on implementing their roadmap features.

Token Distribution

Token distribution information is publicly available, with allocations for development, marketing, team, and ecosystem growth. The project implements vesting schedules for team tokens, which provides some protection against immediate selling pressure from insiders.

Additional Considerations

The platform's primary functions revolve around NFT trading and ecosystem governance, which do not inherently conflict with Islamic principles. The project does not appear to facilitate or promote activities that would be considered haram.

Crypto Impact

To assign a comfort level investing in NvirWorld 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 NvirWorld.

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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