Splintershards
Crypto Overview
Overview
Splintershards (SPS) is the governance token for Splinterlands, a blockchain-based digital trading card game. The token serves multiple purposes within the Splinterlands ecosystem, including governance voting rights, staking rewards, and in-game utility.
Intended Utility
The primary intended utilities of SPS include: governance over the Splinterlands gaming ecosystem, staking mechanics that provide in-game benefits, and serving as the main value token within the game's economy.
Actual Utility Assessment
The token demonstrates significant real-world adoption within its intended ecosystem. Players actively use SPS for governance voting on game updates and economic decisions. The staking mechanism is widely utilized, with players locking tokens to receive in-game benefits and rewards.
Token Distribution and Development
The token distribution includes allocations for the team, advisors, and early investors with appropriate vesting schedules to prevent dumping. The development team maintains regular updates to the platform, with consistent improvements to both the game and the token utility.
Ecosystem Activity
Splinterlands maintains an active ecosystem with regular player engagement, ongoing development, and continuous platform updates. The project shows genuine utility through its integration with the game's economy and governance system.
Sharia Compliance Analysis
The token serves clear utility purposes within a legitimate gaming ecosystem. The staking mechanism does not involve interest-based lending but rather provides governance rights and in-game benefits. The gaming platform itself focuses on skill-based card gameplay rather than chance-based gambling.
Crypto Impact
To assign a comfort level investing in Splintershards 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 Splintershards.
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.