Star Atlas
Crypto Overview
Purpose and Utility
Star Atlas is a blockchain-based metaverse game built on the Solana blockchain. ATLAS serves as the primary in-game currency for the Star Atlas gaming ecosystem. The token is designed to facilitate in-game transactions, including purchasing ships, crew members, equipment, and land within the virtual space-themed universe.
Business Model Analysis
The business model centers around creating a play-to-earn gaming ecosystem where players can own, trade, and utilize virtual assets. The game incorporates NFTs for in-game assets, with ATLAS serving as the medium of exchange. The core activities involve trading real digital assets and creating genuine utility through gameplay mechanics.
Real-World Adoption
While the full game is still in development, the ATLAS token is actively used in the project's current mini-games and marketplace. The Star Atlas DAO actively governs various aspects of the ecosystem, showing legitimate utility even in its early stages.
Development Activity
The project maintains active development, with regular updates to their roadmap and consistent releases of new features. The team provides transparent communication through detailed development reports and community updates.
Token Distribution
The token distribution includes allocations for community rewards, development team, and treasury. While there is a significant allocation for the team and early investors, these tokens are subject to vesting schedules to prevent immediate dumping.
Crypto Impact
To assign a comfort level investing in Star Atlas 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 Star Atlas.
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.