Passage
Crypto Overview
Passage is a web3 gaming platform focused on creating 3D metaverse experiences and NFT integration. The project aims to provide tools and infrastructure for developers to create immersive 3D web-based games and virtual worlds.
Purpose and Utility
The PASG token serves as the native currency within the Passage ecosystem, used for:
- Purchasing virtual land and NFT assets
- Accessing premium features and experiences
- Governance participation in platform decisions
- Rewarding content creators and developers
Business Model Analysis
The platform's business model centers around facilitating the creation and monetization of 3D virtual experiences. The core activities involve legitimate exchange of digital assets and creation of real utility through technological innovation. No evidence was found of involvement in prohibited activities such as gambling, interest-based lending, or adult content.
Development and Adoption
The project maintains active development with regular updates to their platform. While adoption is still in early stages, the project has established partnerships with various gaming studios and content creators. The development team is transparent about their progress through regular updates and documentation.
Token Distribution
Token distribution appears reasonable with appropriate vesting schedules for team members and early investors. No concerning concentration of tokens was identified that would suggest a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Passage 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 Passage.
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.