Stella Fantasy
Crypto Overview
Overview
Stella Fantasy is a blockchain-based gaming project that combines NFT technology with a play-to-earn gaming model. The SFTY token serves as the primary utility token within the Stella Fantasy ecosystem.
Purpose and Utility
The SFTY token is designed to serve multiple functions within the Stella Fantasy game ecosystem: governance rights for holders, in-game currency for purchases and trades, rewards for players, and staking opportunities.
Business Model Analysis
The project operates as a gaming platform where players can earn rewards through gameplay, trade NFT characters and items, and participate in various gaming activities. The core business model revolves around gaming, NFT trading, and ecosystem participation rather than lending or gambling.
Platform Development and Activity
The project maintains active development with regular updates to their gaming platform. The team has demonstrated ongoing commitment to building out the gaming ecosystem and improving user experience.
Token Distribution and Governance
The token distribution includes allocations for the gaming ecosystem, team, development, and community rewards. Vesting schedules are in place for team tokens to ensure long-term alignment.
Current Usage
The platform is primarily used for its intended gaming purpose, with active trading of NFTs and in-game items using SFTY tokens. The gaming ecosystem demonstrates legitimate utility through actual gameplay and NFT trading activities.
Crypto Impact
To assign a comfort level investing in Stella Fantasy 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 Stella Fantasy.
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.