Realm
Crypto Overview
Overview
Realm is a decentralized metaverse platform built on the Ethereum blockchain. The project aims to create an interconnected network of user-generated microverses where creators can build and monetize virtual experiences.
Purpose and Utility
The REALM token serves multiple functions within the ecosystem: Governance rights for protocol decisions, access to premium features, staking for rewards, and currency for purchasing virtual land and assets within the metaverse.
Business Model Analysis
The core business model revolves around providing tools and infrastructure for creating and monetizing virtual worlds. Revenue comes from marketplace fees, premium subscriptions, and virtual asset sales. The fundamental business activities appear halal as they involve genuine exchange of digital assets and services.
Development and Adoption
The project maintains active development with regular platform updates. While still in relatively early stages, it has partnerships with various creators and brands for building virtual experiences. The GitHub repository shows consistent developer activity.
Token Distribution
Initial token distribution included: 30% to team and advisors (vested over 3 years), 20% for ecosystem development, 15% for public sale, 20% for liquidity mining, and 15% for treasury. Vesting schedules for team tokens indicate commitment to long-term development.
Technology Stack
Built on Ethereum with focus on scalability and interoperability. Uses NFT standards for digital asset ownership and implements proof-of-stake mechanics for network security.
Crypto Impact
To assign a comfort level investing in Realm 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 Realm.
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.