Spheroid Universe

Halal Rating :
Comfortable
Last Price $0.0017 Last updated:
Rank 1566
1D Change 4.16 %
Market Cap $3.44m
Circulating supply 1,982,280,859
Maximum supply 10,000,000,000

Crypto Overview

Categories
  • VR/AR
  • Collectibles & NFTs
  • Ethereum Ecosystem
  • Metaverse
  • Polygon Ecosystem

Purpose and Utility

Spheroid Universe is a platform focused on augmented reality (AR) and extended reality (XR) content creation and monetization. The SPH token serves as the native currency within this ecosystem, used for purchasing digital space, trading AR/XR assets, and compensating content creators.

Business Model Analysis

The platform enables creators to develop and monetize AR experiences, with the token facilitating transactions within the ecosystem. The business model appears transparent and focused on legitimate technological advancement in the AR/XR space.

Real-World Adoption

The project has demonstrated some level of adoption, though current usage appears limited. The platform has released various tools for AR content creation and maintains active development.

Token Distribution and Governance

Token distribution information appears transparent, with defined allocations for development, marketing, and ecosystem growth. The project maintains regular development updates and community engagement.

Additional Considerations

The platform's focus on AR/XR content creation and marketplace functionality aligns with permissible business activities. There is no evidence of involvement in prohibited activities such as interest-based lending, gambling, or adult content.

Rating Justification

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