RGAMES
Crypto Overview
Purpose and Utility Analysis
RGAME is the native token of Rewards Games, a platform that aims to integrate gaming with blockchain technology. The token is designed to serve as the primary currency within their gaming ecosystem, enabling players to earn rewards through gameplay and participate in the platform's governance.
Business Model Review
The project operates a gaming platform where RGAME tokens can be used for in-game purchases, rewards, and governance voting. The platform itself appears to focus on skill-based gaming rather than chance-based gambling.
Token Distribution and Development
Token allocation information and vesting schedules are publicly available through their documentation. While there is a significant portion allocated to the team and development, there are vesting periods in place to prevent immediate selling.
Current Usage and Adoption
The platform shows active development with regular updates to their gaming ecosystem. The token is primarily used within their own gaming platform for its intended purposes of rewards and governance.
Revenue Model Assessment
The primary revenue streams come from gaming platform fees and marketplace transactions, which involve actual exchange of value and utility rather than pure speculation or gambling.
Crypto Impact
To assign a comfort level investing in RGAMES 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 RGAMES.
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.