Pixer Eternity
Crypto Overview
Project Overview and Purpose
Pixer Eternity (PXT) is a cryptocurrency token that operates on the Ethereum blockchain. The project aims to create a decentralized ecosystem for NFT gaming and metaverse applications.
Utility Assessment
The token's primary stated utilities include: governance rights for protocol decisions, staking mechanisms for network security, and in-game currency for their planned gaming ecosystem. Currently, the project appears to be in early development stages with limited real-world implementation of these features.
Business Model Analysis
The project's business model centers around gaming and metaverse development, which are permissible activities under Islamic principles. There is no evidence of involvement in prohibited activities such as gambling, interest-based lending, or adult content.
Development and Adoption
The project shows modest development activity on their GitHub repository. While adoption remains limited, this is not inherently problematic from a Shariah compliance perspective.
Token Distribution
Token distribution information appears relatively balanced, with allocations spread across development, marketing, and community initiatives. There are vesting schedules in place for team tokens, which helps align long-term incentives.
Crypto Impact
To assign a comfort level investing in Pixer Eternity 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 Pixer Eternity.
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.