TAP FANTASY

Halal Rating :
Comfortable
Last Price $0.00052 Last updated:
Rank 3645
1D Change -7.81 %
Market Cap -
Circulating supply 0
Maximum supply None

Crypto Overview

Purpose and Utility

TAP Fantasy is a GameFi project built on the BNB Chain that combines NFT gaming with DeFi elements. The TAP token serves as the primary utility token within the TAP Fantasy ecosystem, used for in-game purchases, NFT trading, and governance.

Business Model Assessment

The project operates as a play-to-earn game where players can collect, trade and battle with fantasy characters represented as NFTs. The TAP token facilitates transactions within the game's marketplace and serves as a reward mechanism for players.

Platform Development and Activity

The project maintains active development with regular updates to the gaming platform. The game features multiple play modes including PvE and PvP battles, character enhancement systems, and an NFT marketplace.

Token Distribution and Governance

TAP implements a tiered token distribution model with allocations for the game ecosystem, team development, and community rewards. The project maintains transparency regarding token allocations and vesting schedules.

Current Usage

The token is primarily used within the TAP Fantasy game ecosystem for: 1. Purchasing in-game items and NFTs 2. Trading characters and assets 3. Participating in governance decisions 4. Earning rewards through gameplay

Crypto Impact

To assign a comfort level investing in TAP 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 TAP FANTASY.

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