PolkaWar

Halal Rating :
Comfortable
Last Price $0.00091 Last updated:
Rank 2726
1D Change -1.84 %
Market Cap $75746.84
Circulating supply 82,822,168
Maximum supply 100,000,000

Crypto Overview

Categories
  • Collectibles & NFTs
  • Gaming
  • Metaverse
  • BNB Chain Ecosystem

Purpose and Utility

PolkaWar is a blockchain gaming platform built on Polygon Network that aims to combine NFTs, gaming, and DeFi elements. The PWAR token serves as the native currency within the PolkaWar ecosystem, used for governance, staking, and in-game transactions.

Business Model Analysis

The platform focuses on creating NFT-based games where players can battle, trade assets, and earn rewards. The core business model revolves around gaming and digital asset ownership, which are permissible activities from an Islamic perspective.

Real-World Adoption

Current adoption appears limited, with relatively low trading volume and user activity. The project has launched some basic gaming features and NFT marketplace functionality, though usage remains modest.

Platform Development

Development activity appears sporadic based on public GitHub repositories. The team has delivered some basic features but progress has been slower than initially roadmapped.

Token Distribution

Total supply is 100 million PWAR tokens. While detailed vesting schedules are not readily available, there appear to be lock-up periods for team allocations.

Technology Stack

The platform operates on Polygon Network, utilizing smart contracts for gaming mechanics and NFT transactions. The technical architecture focuses on gaming utility rather than lending or interest-bearing mechanisms.

Crypto Impact

To assign a comfort level investing in PolkaWar 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 PolkaWar.

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