ONBUFF

Halal Rating :
Comfortable
Last Price $0.05 Last updated:
Rank 751
1D Change 0.03 %
Market Cap $35.42m
Circulating supply 770,075,466
Maximum supply 789,885,600

Crypto Overview

Categories
  • Ethereum Ecosystem

Project Overview

ONBUFF is a blockchain gaming ecosystem created by Korean company Onbuff. The platform aims to provide a cross-game marketplace and ecosystem for trading in-game items and digital assets across multiple games. ONIT serves as the native utility token for the Onbuff platform.

Intended Utility

The ONIT token is designed to facilitate transactions within the Onbuff gaming ecosystem, including: purchasing in-game items, trading digital assets between games, and participating in the platform's governance. The project aims to create an interoperable gaming economy.

Actual Utility Analysis

After thorough research, there is extremely limited information available about the current real-world usage and adoption of the ONIT token. The project's development activity appears minimal, with little evidence of active implementation of the proposed use cases. The token seems to be primarily traded on a few small exchanges rather than being utilized for its intended gaming purposes.

Token Distribution & Founder Analysis

Limited transparency exists regarding token distribution and vesting schedules. The project's team and founders are not prominently visible, and detailed information about their backgrounds or previous projects is scarce. Marketing presence is minimal, but so is visible development activity.

Technical Implementation

The token appears to be an ERC-20 token on the Ethereum blockchain, but technical documentation and codebase activity are limited.

Crypto Impact

To assign a comfort level investing in ONBUFF 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 ONBUFF.

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.

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Justification for our Halal Rating