SIDUS
Crypto Overview
Overview
SIDUS is a native token of the SIDUS HEROES gaming ecosystem, a blockchain-based massively multiplayer online role-playing game (MMORPG). The token serves multiple utilities within the game's economy.
Intended Utility
The SIDUS token is designed to serve as the primary in-game currency, governance token, and staking asset within the SIDUS HEROES ecosystem. Its intended uses include: purchasing in-game items, character upgrades, and NFTs; participating in governance decisions regarding game development; and staking for rewards within the game economy.
Actual Utility
The token is actively used within the SIDUS HEROES game ecosystem, primarily for in-game transactions and NFT purchases. The game is operational and has an active user base, though exact numbers are not publicly available. The development team maintains regular updates to the platform and game features.
Token Distribution and Founder Analysis
The token has a transparent distribution model with vesting periods for team allocations. Development activity appears consistent with roadmap promises, suggesting genuine intent to build and maintain the platform rather than quick profit-taking.
Technology and Revenue Model
The primary revenue model revolves around gaming transactions and NFT sales, which are permissible under Islamic principles as they involve actual asset exchange. While there is a staking mechanism, it functions as a reward system for platform participation rather than interest-bearing loans.
Crypto Impact
To assign a comfort level investing in SIDUS 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 SIDUS.
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.