Raid Token
Crypto Overview
Overview
RAID Token is a cryptocurrency that was originally designed to serve as a utility token within the Play Royal online gaming platform ecosystem. The token was meant to facilitate in-game purchases and rewards.
Purpose and Utility
The intended purpose of RAID was to serve as a payment and reward mechanism within the Play Royal gaming platform. However, research indicates that the project appears to be inactive, with no significant development or community activity in recent periods.
Business Model Analysis
The original business model involved gaming-related transactions. However, due to the apparent inactivity of the project and lack of recent verifiable information about its current operations or utility, a comprehensive analysis of its business model is not possible.
Real-World Adoption
Current data shows minimal to no active usage of the token for its intended purpose. Trading volumes are extremely low, and there is no evidence of significant adoption or ongoing development.
Development Activity
There appears to be no recent development activity that can be verified. The project's social media channels and development repositories show no recent updates.
Crypto Impact
To assign a comfort level investing in Raid 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 Raid 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.