SMILE
Crypto Overview
Project Overview
SMILE is the native token of the SMILE gaming ecosystem, originally launched on the Algorand blockchain. The project aimed to create a decentralized gaming platform where players could earn rewards through gameplay.
Purpose and Utility
The intended purpose of SMILE was to serve as a utility token within their gaming ecosystem, enabling players to participate in games, earn rewards, and facilitate transactions between players and game developers.
Business Model Analysis
The project appears to have faced significant challenges. As of 2024, the project shows minimal development activity and extremely limited ecosystem activity. The original website is no longer active, and social media channels have been dormant for an extended period.
Real-World Adoption
Current on-chain data shows negligible activity, with very low trading volumes and limited holder activity. The project's gaming platform never achieved significant adoption before becoming inactive.
Development Activity
There is no evidence of recent development activity or updates to the project's infrastructure. The GitHub repositories, if they existed, appear to be inactive.
Token Distribution
Due to the project's current state, detailed information about token distribution and vesting schedules is difficult to verify with confidence.
Crypto Impact
To assign a comfort level investing in SMILE 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 SMILE.
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.