Sakai Vault
Crypto Overview
Overview
Sakai Vault (SAKAI) is a cryptocurrency project that aims to create a decentralized ecosystem for NFT trading and gaming. The project was launched on the Binance Smart Chain.
Purpose and Utility
The stated purpose of SAKAI is to serve as a utility token within its ecosystem, primarily for NFT trading and gaming applications. However, there is very limited information available about current real-world usage or adoption.
Business Model
The business model appears to focus on NFT trading and gaming utilities. While these activities can be halal in principle when involving actual asset exchange, there is insufficient public information about the specific mechanisms and uses.
Development Activity
There is minimal verifiable information about ongoing development activity or the current state of the project. The project's social media presence and development updates appear to be limited.
Token Distribution
Information about token distribution, vesting schedules, and founder allocations is not readily available through public sources.
Crypto Impact
To assign a comfort level investing in Sakai Vault 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 Sakai Vault.
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.