Protocol Monsters
Crypto Overview
Overview
Protocol Monsters (PMON) is a blockchain-based gaming ecosystem that aims to combine NFT collectibles with gaming elements. The project allows users to collect, trade, and battle with digital monsters in a Pokemon-inspired gameplay environment.
Purpose and Utility
The PMON token serves as the primary utility token within the Protocol Monsters ecosystem. It is used for purchasing in-game items, participating in battles, and governance voting on platform developments.
Business Model Evaluation
The core business model revolves around gaming and digital collectibles, which are permissible activities under Islamic principles as they involve the exchange of real digital assets and utility. The platform does not involve gambling, interest-based mechanisms, or prohibited content.
Real-World Adoption
The project has shown moderate adoption within the blockchain gaming community, though activity levels have decreased since its initial launch. The ecosystem continues to maintain its core functionalities of monster collecting and trading.
Platform Development
Development activity appears to be ongoing, though at a reduced pace compared to earlier stages. The project maintains its basic infrastructure and gaming features.
Token Distribution
Token distribution includes allocations for the team, development, and community rewards. While detailed vesting information is not readily available, the distribution structure appears standard for gaming tokens.
Crypto Impact
To assign a comfort level investing in Protocol Monsters 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 Protocol Monsters.
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.