SHILL Token
Crypto Overview
Purpose and Utility
SHILL Token is the native token of Project SEED, a GameFi ecosystem. The token serves multiple utilities including governance rights, staking rewards, and in-game currency within the Project SEED metaverse.
Business Model Analysis
The project aims to create a play-to-earn gaming ecosystem where players can earn rewards through gameplay. The ecosystem includes NFT marketplaces and gaming features.
Development and Adoption
The project shows active development with regular updates to their gaming ecosystem. The team maintains transparency through regular community updates and development milestones.
Token Distribution
Token distribution appears relatively balanced with vesting periods for team allocations. A significant portion is allocated for ecosystem development and community rewards.
Technology Review
The platform operates on the Solana blockchain, focusing on gaming and NFT functionality. Smart contracts have been audited by reputable firms.
Current Usage
The token is primarily used for gaming activities within the Project SEED ecosystem, with additional utility in governance and staking.
Crypto Impact
To assign a comfort level investing in SHILL Token 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 SHILL Token.
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.