Plearn

Halal Rating :
Comfortable
Last Price $0.067 Last updated:
Rank 1432
1D Change -2.53 %
Market Cap $5.76m
Circulating supply 86,063,705
Maximum supply 700,000,000

Crypto Overview

Categories
  • BNB Smart Chain

Overview

Plearn (PLN) is a blockchain-based gaming platform token that aims to merge entertainment with educational content. The token is built on the BNB Smart Chain (BSC) and serves as the native currency for the Plearn ecosystem.

Purpose and Utility

Plearn's stated purpose is to facilitate transactions within its gaming and learning ecosystem. Users can use PLN tokens to purchase in-game items, access educational content, and participate in the platform's governance.

Business Model Evaluation

The project focuses on creating educational games and content, which aligns with Islamic principles of promoting knowledge and beneficial entertainment. No evidence was found of involvement in prohibited activities like gambling or interest-based transactions.

Real-World Adoption

Current adoption appears to be limited, with most activity concentrated on decentralized exchanges. The educational gaming platform is still in development.

Development Activity

The project shows regular development updates on their GitHub repository, though at a modest pace. The team maintains active communication through their social media channels and community forums.

Token Distribution

Based on available data, the token distribution appears reasonable with no concerning concentration of tokens among founders or early investors. Vesting schedules are in place for team allocations.

Crypto Impact

To assign a comfort level investing in Plearn 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 Plearn.

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.