Shuffle
Crypto Overview
Project Overview
Shuffle is a cryptocurrency project built on the Shardeum blockchain platform, designed to facilitate decentralized card battling gameplay. The SHFL token serves as the utility token within the Shuffle ecosystem.
Purpose and Utility
The primary stated purpose of SHFL is to serve as the in-game currency for the Shuffle card game platform, allowing users to purchase cards, participate in tournaments, and trade with other players. The token is also used for governance purposes, allowing holders to vote on game mechanics and future development decisions.
Business Model Analysis
The business model revolves around gaming and digital collectibles, which are permissible activities under Islamic principles as they involve the exchange of digital assets with real utility. The platform does not involve interest-based mechanisms, gambling (as defined by zero-sum games of pure chance), or other prohibited activities.
Development and Adoption
The project is in its early stages, with the basic framework of the card game implemented. The development team maintains regular updates to the platform, though current adoption remains limited. This limited adoption does not impact the halal status of the project.
Token Distribution
The token distribution includes allocations for the development team (20%), gaming rewards (40%), community treasury (25%), and initial sale (15%). Team tokens are subject to a 2-year vesting period with quarterly unlocks, indicating a long-term commitment to the project.
Crypto Impact
To assign a comfort level investing in Shuffle 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 Shuffle.
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.