VCGamers
Crypto Overview
Project Overview
VCGamers is a gaming platform and marketplace focused on the Southeast Asian market, particularly Indonesia. The VCG token serves as the native cryptocurrency for the VCGamers ecosystem, which includes a game item marketplace, esports tournament platform, and gaming community features.
Purpose and Utility
The primary stated purpose of VCG is to facilitate transactions within the VCGamers ecosystem, including: game item trading, tournament entry fees, reward distributions, and governance participation. The token is actively used for these purposes within their platform.
Business Model Evaluation
The core business model revolves around gaming-related commerce and community building. The platform facilitates legitimate trade of digital assets and gaming services. While gaming itself can be a concern from an Islamic perspective if it involves gambling elements, VCGamers' focus is on competitive gaming (esports) and digital item trading, which do not inherently constitute gambling.
Platform Development and Adoption
VCGamers has demonstrated consistent development activity and maintains an active user base, particularly in Indonesia. The platform has established partnerships with various game developers and esports organizations. The ecosystem shows genuine utility through its marketplace transactions and tournament operations.
Token Distribution and Governance
The token distribution includes allocations for the team, development, marketing, and community initiatives. While detailed vesting information is publicly available, the team maintains significant control over the token supply, which is typical for centralized gaming platforms.
Crypto Impact
To assign a comfort level investing in VCGamers 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 VCGamers.
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.