Star Atlas DAO

Halal Rating :
Comfortable
Last Price $0.14 Last updated:
Rank 743
1D Change -7.04 %
Market Cap $38.7m
Circulating supply 273,919,837
Maximum supply None

Crypto Overview

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

Overview

Star Atlas DAO's POLIS token is the governance token for the Star Atlas metaverse game ecosystem. It serves as the primary political currency within the Star Atlas universe, enabling holders to participate in governance decisions affecting the Star Atlas metaverse.

Purpose and Utility

POLIS is designed to function as a governance token that grants holders voting rights over various aspects of the Star Atlas ecosystem. Token holders can participate in decision-making processes regarding game development, economic parameters, and other strategic decisions within the Star Atlas DAO.

Business Model

The business model centers around decentralized governance of the Star Atlas gaming metaverse. The token operates on the Solana blockchain and facilitates governance voting, staking, and participation in the game's political system.

Real-World Adoption

The token is actively used within the Star Atlas ecosystem, primarily for governance purposes and staking. While the game is still in development, the governance mechanisms are operational, allowing token holders to participate in decision-making processes.

Platform Development

Star Atlas shows continuous development activity, with regular updates to both the game and governance systems. The project maintains active GitHub repositories and demonstrates ongoing technical progress.

Token Distribution

The token distribution includes allocations for the team, advisors, and early investors, with vesting schedules in place to prevent immediate dumping. The project maintains transparency regarding token allocation and vesting periods.

Crypto Impact

To assign a comfort level investing in Star Atlas DAO 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 DAO.

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.