Virtua

Halal Rating :
Comfortable
Last Price $0.05 Last updated:
Rank 386
1D Change 5.78 %
Market Cap $62.58m
Circulating supply 1,193,878,749
Maximum supply 1,200,000,000

Crypto Overview

Categories
  • VR/AR
  • Collectibles & NFTs
  • Metaverse
  • Exnetwork Capital Portfolio
  • Polygon Ecosystem

Overview

Virtua (TVK) is the native token of the Virtua metaverse ecosystem, designed to facilitate digital collectibles, virtual spaces, and gaming experiences powered by blockchain technology. The token serves multiple utilities within the Virtua ecosystem, including governance, staking, and transactions for digital assets.

Intended Utility

The primary intended purposes of TVK include: serving as the main currency for transactions within the Virtua marketplace, enabling governance participation for ecosystem decisions, providing staking mechanics for rewards, and powering the platform's play-to-earn gaming features.

Actual Utility and Adoption

The token demonstrates active utility through: NFT marketplace transactions where users buy and sell digital collectibles, governance participation where token holders vote on platform decisions, staking mechanisms that don't involve interest, and in-game currency usage across Virtua's gaming ecosystem.

Project Development and Team

The project shows ongoing development activity with regular updates to the platform and new partnerships. The team is transparent about their identities and has experience in gaming and blockchain technology. The project maintains active development repositories and regular communication with the community.

Token Distribution

The token distribution includes allocations for the team and early investors with standard vesting periods. While founder allocation exists, it follows industry standards and includes appropriate lock-up periods to prevent immediate selling pressure.

Crypto Impact

To assign a comfort level investing in Virtua 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 Virtua.

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.