Perion

Halal Rating :
Comfortable
Last Price $0.17 Last updated:
Rank 1754
1D Change -5.45 %
Market Cap $2.34m
Circulating supply 13,375,394
Maximum supply None

Crypto Overview

Categories
  • Ethereum Ecosystem

Purpose and Utility

Perion Network is a blockchain gaming platform that aims to provide sustainable play-to-earn gaming experiences. The PERC token is designed to serve as the primary governance and utility token within the Perion ecosystem.

Business Model and Platform Analysis

The project focuses on creating blockchain games with the PERC token used for governance voting, in-game purchases, and rewards. The platform has launched its first game 'Heroes of Perion' and has others in development. The business model appears to be based on legitimate gaming utility rather than gambling mechanics.

Real-World Adoption

The platform shows moderate adoption with active users engaging in gameplay and governance. On-chain data indicates regular transaction activity related to gaming interactions rather than pure speculation.

Development Activity

There is observable development activity with regular updates to both the gaming platform and token utilities. The team maintains an active GitHub repository and provides regular development updates.

Token Distribution

The token distribution includes vesting periods for team allocations and appears designed for long-term sustainability rather than quick profit-taking. The project maintains transparency regarding token allocations and vesting schedules.

Technology and Revenue Model

The revenue model is primarily based on gaming transactions and NFT trades, which involve actual asset exchange rather than interest-bearing mechanisms or gambling.

Crypto Impact

To assign a comfort level investing in Perion 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 Perion.

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