Pavia
Crypto Overview
Overview
Pavia is a metaverse project built on the Cardano blockchain that allows users to buy, sell and develop virtual land parcels represented as NFTs. The PAVIA token serves as the native currency within this virtual world.
Purpose and Utility
The intended purpose of PAVIA is to serve as the primary medium of exchange within the Pavia metaverse, enabling users to purchase virtual land, in-game assets, and services. The token is also meant to provide governance rights to holders.
Current Usage and Development
The project is still in early development stages. Currently, the main utility of PAVIA tokens is for trading and holding governance rights. The metaverse platform itself is under construction, with basic land parcel functionality implemented.
Business Model Analysis
The core business model revolves around creating a virtual world where users can own, develop, and trade digital land and assets. This model itself does not conflict with Islamic principles as it involves genuine ownership and transfer of digital assets. There is no evidence of gambling mechanisms, interest-based systems, or other prohibited activities in the core protocol.
Token Distribution
The token distribution appears reasonably balanced between development team, early investors, and public allocation. There are vesting periods in place for team tokens, which helps align long-term incentives.
Crypto Impact
To assign a comfort level investing in Pavia 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 Pavia.
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.