POLKER
Crypto Overview
Project Overview
Polker (PKR) is a cryptocurrency project that claims to be building a blockchain-based poker platform powered by Unreal Engine 4. The project aims to provide a transparent and provably fair gaming experience using NFTs and blockchain technology.
Purpose and Utility
The stated purpose of PKR is to serve as the native token for the Polker gaming ecosystem, intended for gameplay, staking, and platform governance. However, development appears to have stalled, with minimal recent updates or progress on the promised gaming platform.
Business Model Analysis
The core business model centers around poker and gambling-based gaming, which is fundamentally problematic from an Islamic perspective as it involves games of chance for monetary gain. The platform's primary use case is gambling, regardless of the technological implementation.
Development and Adoption
There is very limited evidence of active development or meaningful adoption. The project's social media channels and development repositories show minimal recent activity. The token appears to be primarily traded speculatively rather than used for its intended gaming purposes.
Token Distribution and Governance
Detailed information about token distribution and vesting schedules is not readily available, raising transparency concerns. The project's governance structure and decision-making processes are not clearly documented.
Crypto Impact
To assign a comfort level investing in POLKER 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 POLKER.
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.