SIDUS
Crypto Overview
Overview
SIDUS is a blockchain-based gaming token that powers the SIDUS Heroes gaming metaverse. It serves as the native token for the gaming ecosystem and is used for in-game transactions, governance, and rewards.
Purpose and Utility
The primary stated purpose of SIDUS is to serve as the main currency within the SIDUS Heroes gaming ecosystem. Players can use SIDUS tokens to purchase in-game items, participate in governance decisions, and earn rewards through gameplay.
Business Model Analysis
The business model revolves around creating a play-to-earn gaming ecosystem where players can earn tokens through skilled gameplay and trading of in-game assets. The game itself does not involve gambling mechanics or chance-based rewards. Instead, it focuses on skill-based gameplay and strategic decision-making.
Real-World Adoption
The project has achieved moderate adoption within the gaming community. The game is live and operational, with active users participating in the ecosystem. While trading activity represents a significant portion of token movement, this is common for gaming tokens and does not affect halal status.
Development Activity
The development team maintains regular updates to the gaming platform and ecosystem. The project shows consistent github activity and technical improvements to the gaming experience.
Token Distribution
The token distribution includes allocations for gameplay rewards, development, and ecosystem growth. While there is a portion reserved for the team and advisors, it follows standard industry practices with appropriate vesting periods.
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.