Smart Game Finance
Crypto Overview
Project Overview
Smart Game Finance (SMART) is a gaming-focused cryptocurrency token launched on the Binance Smart Chain. The project aims to create a gaming ecosystem that integrates cryptocurrency elements into mobile and web-based games.
Purpose and Utility
The stated purpose of SMART is to serve as a utility token within their gaming ecosystem, enabling players to purchase in-game items, participate in tournaments, and earn rewards through gameplay. The token is designed to power a play-to-earn gaming platform.
Current Implementation
Based on our analysis of on-chain data and available information, the project appears to be in very early stages of development. While the token exists and can be traded, the gaming platform and promised features are still under development.
Token Distribution
Limited information is available about the specific token distribution. The project documentation mentions allocations for development, marketing, and community rewards, but detailed breakdowns and vesting schedules are not publicly available.
Development Activity
The project shows some development activity on their social media channels, though the frequency of updates is sporadic. The team appears to be working on game development, but concrete progress metrics are limited.
Business Model Analysis
The core business model revolves around gaming and digital asset ownership, which are permissible activities under Islamic finance principles. The project does not involve interest-bearing mechanisms, gambling features, or explicitly prohibited activities in its core functionality.
Crypto Impact
To assign a comfort level investing in Smart Game Finance 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 Smart Game Finance.
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.
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