Undeads Games

Halal Rating :
Comfortable
Last Price $0.093 Last updated:
Rank 1539
1D Change -5.35 %
Market Cap $4.27m
Circulating supply 45,798,006
Maximum supply 250,000,000

Crypto Overview

Categories
  • Gaming
  • Ethereum Ecosystem

Purpose and Utility

Undeads Games (UDS) is a gaming ecosystem project that aims to integrate blockchain technology with various zombie-themed games. UDS serves as the native token of the platform, designed to be used for in-game purchases, rewards, and governance.

Business Model Analysis

The project's core business model revolves around gaming and entertainment, which is generally permissible in Islamic finance as long as it doesn't involve gambling elements. The game mechanics appear to be skill-based rather than chance-based, with players earning rewards through active participation and gameplay achievements.

Development and Platform Activity

The project shows ongoing development activity with regular updates to their gaming platform. The development team has been actively working on game mechanics and ecosystem expansion.

Token Distribution and Governance

The token distribution appears to be structured with consideration for long-term ecosystem development, including allocations for development, marketing, and community rewards. While detailed vesting schedules are implemented, this is standard practice for gaming tokens and doesn't raise concerns from a Shariah perspective.

Current Usage and Adoption

The token is primarily used within the gaming ecosystem for its intended purposes, including game access, in-game purchases, and rewards. Trading activity exists but appears secondary to the primary utility.

Crypto Impact

To assign a comfort level investing in Undeads Games 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 Undeads Games.

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