SpacePi
Crypto Overview
Overview
SpacePi is a cryptocurrency project that aims to build a decentralized ecosystem focused on space exploration themes and NFT gaming. The project was launched on the Binance Smart Chain.
Purpose and Utility
The stated purpose of SpacePi is to create a space-themed metaverse with NFT gaming elements. The project claims to be developing play-to-earn games and NFT marketplace functionalities.
Current Usage and Development
Based on available data, SpacePi shows very limited actual utility implementation. While the project maintains active social media presence, there is minimal evidence of substantial development progress on the promised gaming and metaverse features.
Token Distribution and Governance
The token distribution information is not readily available in a transparent manner, which raises some concerns about token concentration. However, this lack of transparency alone does not make the project haram.
Technology and Revenue Model
The project operates on the Binance Smart Chain and functions as a standard BEP-20 token. There are no apparent interest-bearing mechanisms or gambling elements in its core functionality.
Crypto Impact
To assign a comfort level investing in SpacePi 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 SpacePi.
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.