ONBUFF

Halal Rating :
Comfortable
Last Price $0.046 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

About ONBUFF (ONIT)

ONBUFF is a blockchain-based platform focused on the gaming industry, providing a token economy for gamers and content creators. The ONIT token serves as the native utility token for the ONBUFF ecosystem.

Purpose and Utility

The primary intended use of ONIT is to facilitate transactions within the ONBUFF gaming ecosystem, including game item trading, content creator payments, and platform governance. The token is designed to power a decentralized marketplace for gaming assets.

Business Model Assessment

The platform's core business model revolves around gaming asset trading and content creation rewards, which are permissible activities from an Islamic finance perspective as they involve real asset exchange and value creation.

Development and Adoption

Current development appears to be ongoing, though public information about specific adoption metrics is limited. The project maintains active development repositories and continues to work on its gaming marketplace infrastructure.

Token Distribution

Token distribution information shows a significant portion allocated for ecosystem development and community rewards, with standard vesting periods for team allocations.

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.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.