Sinverse

Halal Rating :
Comfortable
Last Price $0.0037 Last updated:
Rank 1696
1D Change 1.51 %
Market Cap $2.76m
Circulating supply 752,944,169
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Gaming
  • Metaverse
  • PolkaFoundry Red Kite
  • BullPerks Launchpad

Project Overview

Sinverse is a metaverse gaming platform built on the blockchain. It presents itself as a virtual world where users can own digital assets, participate in gameplay, and engage in various virtual activities.

Purpose and Utility

The SIN token serves multiple functions within the Sinverse ecosystem: It acts as the primary currency for in-game transactions, provides governance rights to token holders, and enables users to purchase virtual land and assets within the metaverse.

Business Model Analysis

The platform generates revenue through virtual asset sales, marketplace fees, and gaming activities. The core business model focuses on creating and maintaining a virtual gaming environment where users can own and trade digital assets.

Development and Adoption

The project shows ongoing development activity with regular updates to their platform. The team maintains an active GitHub repository and provides regular community updates.

Token Distribution and Governance

Token distribution includes allocations for development, marketing, and community incentives. The project implements a governance system where token holders can participate in decision-making regarding platform development and updates.

Crypto Impact

To assign a comfort level investing in Sinverse 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 Sinverse.

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.