Playermon

Halal Rating :
Comfortable
Last Price $0.0012 Last updated:
Rank 2265
1D Change -10.04 %
Market Cap $504760.32
Circulating supply 427,072,302
Maximum supply None

Crypto Overview

Categories
  • Gaming
  • Solana Ecosystem
  • Polygon Ecosystem
  • Play To Earn

Purpose and Utility

Playermon is a blockchain-based play-to-earn game and NFT collection platform on the BNB Chain. The project aims to create an ecosystem where players can collect, trade, and battle with digital monsters called Playermon. PYM serves as the primary utility token within the ecosystem.

Business Model

The project's business model centers around gaming and NFT trading. Players can use PYM tokens to purchase in-game items, trade Playermon NFTs, and participate in the game's economy. The core activities involve actual asset ownership and transfer of value, which aligns with halal principles.

Real-World Adoption

Current adoption appears limited, with relatively low trading volume and user activity. However, the project maintains active development and community engagement through their social media channels.

Platform Development

The development team continues to work on the platform, with regular updates to their smart contracts and game mechanics. The project demonstrates ongoing technical development rather than being abandoned.

Token Distribution

Token distribution information shows a structured allocation with vesting periods for team members and early investors, indicating some protection against immediate dumps. Marketing efforts are significant but not disproportionate to development activities.

Crypto Impact

To assign a comfort level investing in Playermon 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 Playermon.

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.

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