Playbux

Halal Rating :
Comfortable
Last Price $0.02 Last updated:
Rank 3740
1D Change -6.70 %
Market Cap -
Circulating supply 0
Maximum supply 400,000,000

Crypto Overview

Categories
  • Gaming
  • Entertainment
  • BNB Smart Chain
  • Binance Labs Portfolio

Overview

PlayBux is a gaming and digital collectibles platform built on the BNB Chain (formerly BSC). The project aims to create an ecosystem where users can participate in Web3 gaming, trade digital collectibles, and earn rewards through various platform activities.

Purpose and Utility

The PBUX token serves multiple functions within the PlayBux ecosystem: It acts as the primary currency for transactions within the platform, enables governance participation, and provides access to various platform features. The token is actively used for purchasing in-game items, trading NFTs, and participating in the platform's economy.

Business Model

The platform generates revenue through marketplace fees, gaming transactions, and ecosystem services. The business model appears transparent and focused on legitimate gaming and digital collectible trading activities. No evidence was found of involvement in gambling, interest-bearing products, or other prohibited activities.

Development and Adoption

The project maintains active development with regular updates to their platform and gaming ecosystem. While adoption is still in early stages, there is evidence of genuine user activity in their gaming platform and NFT marketplace.

Token Distribution

Token distribution includes allocations for ecosystem development, team, and community rewards. There are vesting schedules in place for team tokens, indicating measures to prevent sudden selling pressure.

Crypto Impact

To assign a comfort level investing in Playbux 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 Playbux.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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