Thetan World

Halal Rating :
Comfortable
Last Price $0.016 Last updated:
Rank 1828
1D Change -3.78 %
Market Cap $1.86m
Circulating supply 113,584,954
Maximum supply 420,000,000

Crypto Overview

Categories
  • Gaming
  • Polkastarter
  • MVB
  • Animoca Brands Portfolio

Overview

Thetan World is a blockchain-based game ecosystem where THG serves as the primary governance and utility token. The project combines NFT gaming with play-to-earn mechanics.

Purpose and Utility

THG is designed to serve multiple functions within the Thetan World ecosystem: governance voting rights, in-game currency for purchasing items and heroes, staking for rewards, and marketplace transactions. Players can earn THG tokens through gameplay and trading NFT heroes.

Business Model Analysis

The platform generates revenue through NFT sales, marketplace fees, and in-game transactions. The game mechanics involve skill-based gameplay rather than chance-based outcomes, distinguishing it from gambling activities.

Development and Adoption

The project maintains active development with regular updates to the gaming platform. The ecosystem includes NFT marketplaces and various gaming features. While the platform has seen varying levels of user engagement, it maintains consistent development activity.

Token Distribution

THG implements a vesting schedule for team allocations and early investors, showing consideration for long-term sustainability. The token distribution includes allocations for gameplay rewards, development, and ecosystem growth.

Crypto Impact

To assign a comfort level investing in Thetan World 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 Thetan World.

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.