Star Atlas

Halal Rating :
Comfortable
Contract: 0xb9F747162AB1E95d07361f9048BcDF6eDdA9eEA7
Last Price $0.0017 Last updated:
Rank 712
1D Change -1.14 %
Market Cap $31.06m
Circulating supply 18,202,163,978
Maximum supply None

Crypto Overview

Categories
  • Collectibles & NFTs
  • Gaming
  • Ethereum Ecosystem
  • Solana Ecosystem
  • Metaverse
  • PetRock Capital Portfolio
  • Play To Earn

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.

Rating Justification

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