VIMworld
Crypto Overview
Intended Utility
VIMworld is a Smart NFT ecosystem built on the VeChain blockchain that aims to bridge digital and physical assets through 'Smart NFTs' called VIMs. These VIMs are designed to store real value and grow over time through a nurturing system. The platform includes features like VIM feeding, evolution, and companion systems.
Business Model Analysis
The VEED token serves as the native currency within the VIMworld ecosystem, used for purchasing VIMs, feeding them, and participating in the platform's various features. The business model appears transparent and doesn't involve any inherently prohibited activities.
Actual Utility Assessment
VIMworld demonstrates active development and real-world usage. The platform has partnerships with companies for physical collectibles and maintains regular updates to its ecosystem. Users actively engage in VIM ownership, feeding, and trading activities.
Token Distribution and Founder Analysis
The token distribution appears reasonably balanced between the team, development fund, and public circulation. The project maintains transparent communication about development progress and team activities. The founding team has maintained consistent involvement since the project's inception.
Technology and Revenue Model
The platform's revenue model is primarily based on NFT sales, marketplace fees, and ecosystem activities. While there are staking mechanisms, they operate through a rewards distribution system rather than interest-bearing mechanisms, making them compatible with Islamic principles.
Crypto Impact
To assign a comfort level investing in VIMworld 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 VIMworld.
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.