TCG Verse
Crypto Overview
Overview
TCG Verse (TCGC) is a cryptocurrency project associated with the TCG World metaverse platform. The token serves as the primary utility token within the TCG World ecosystem, a blockchain-based virtual world that includes gaming elements, virtual real estate, and NFT functionality.
Purpose and Utility
The token's primary intended utilities include: facilitating transactions within the TCG World metaverse, purchasing virtual land and assets, governance participation, and rewards for platform engagement. The project aims to create a decentralized virtual world where users can own digital assets, interact with others, and participate in various activities.
Business Model Analysis
The business model appears to focus on creating value through virtual world development and digital asset ownership. The platform does not inherently involve prohibited activities like gambling or interest-based lending. All transactions involve actual transfer of digital assets or utility.
Development and Adoption
The project shows ongoing development activity with regular updates to their platform. While adoption is still in early stages, this does not impact its Sharia compliance assessment. The team maintains active development and community engagement through their social media channels and development updates.
Token Distribution
Token distribution includes allocations for development, marketing, and community rewards. While specific vesting details are not fully public, the distribution model appears designed for long-term project sustainability rather than short-term profit taking.
Crypto Impact
To assign a comfort level investing in TCG Verse 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 TCG Verse.
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.