Revomon

Halal Rating :
Comfortable
Last Price $0.03 Last updated:
Rank 2002
1D Change -2.77 %
Market Cap $1.0m
Circulating supply 33,104,491
Maximum supply 46,000,000

Crypto Overview

Categories
  • VR/AR
  • Collectibles & NFTs
  • Gaming
  • Metaverse
  • Play To Earn
  • BNB Chain Ecosystem

Project Overview

Revomon is a blockchain-based gaming project that combines elements of Pokemon-style gameplay with virtual reality (VR) technology. The REVO token serves as the native cryptocurrency within the Revomon ecosystem, used for in-game purchases, trading of virtual creatures (Revomons), and governance.

Utility Analysis

The primary utility of REVO includes: Purchasing in-game items and Revomons, Trading between players, Governance participation for game development decisions, Staking for rewards within the game ecosystem.

Business Model Evaluation

The project generates revenue through: NFT sales of Revomons, In-game item purchases, Trading fees within the marketplace. The core business model focuses on gaming and digital asset ownership, which aligns with halal principles as it involves actual asset exchange and utility.

Development Activity

The project maintains active development on the VR game and marketplace infrastructure. The team regularly releases updates and new features, indicating ongoing commitment to the project's development.

Token Distribution

Token distribution appears reasonably balanced between team, community, and development fund. Team tokens have vesting schedules to prevent immediate selling.

Current Usage

While adoption remains limited, the platform has an active user base engaging in monster collection, battles, and trading. The project maintains partnerships with VR technology providers and gaming platforms.

Rating Justification

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