SuperVerse
Crypto Overview
Project Overview
SuperVerse (SUPER) is a utility token designed for the SuperFarm NFT ecosystem, launched in 2021. The token serves as the governance and utility token for the SuperFarm platform, which enables users to create, collect, and trade NFTs.
Intended Utility
The SUPER token is designed to serve multiple purposes within the SuperFarm ecosystem: governance rights for protocol decisions, staking for platform rewards, and access to exclusive NFT drops and features. Users can also use SUPER to pay for platform services and participate in the ecosystem's development.
Actual Implementation and Usage
The platform has demonstrated actual utility through: NFT launchpad functionality, cross-chain NFT creation and trading capabilities, and integration with various blockchain networks including Ethereum, Polygon, and BNB Chain. Development activity remains active with regular updates to the platform's features and infrastructure.
Token Distribution Analysis
The token distribution shows a structured allocation with vesting periods: 15% to team and advisors (24-month vesting), 25% for platform development and ecosystem growth, 30% for community rewards and liquidity provisioning, and 30% for public sale participants. The vesting schedules and lock-up periods appear reasonable and designed to prevent immediate dumps.
Revenue Model and Operations
The platform generates revenue through NFT marketplace fees, launchpad services, and platform usage fees. These revenue streams are based on actual service provision rather than interest-bearing mechanisms, aligning with Islamic finance principles.
Crypto Impact
To assign a comfort level investing in SuperVerse 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 SuperVerse.
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.