VRJAM(BLUE)
Crypto Overview
Overview
VRJAM (BLUE) is a utility token designed for the VRJAM platform, which is a real-time 3D content creation and streaming platform focused on virtual and augmented reality experiences.
Purpose and Utility
The token is intended to facilitate transactions within the VRJAM ecosystem, including: payments for virtual experiences, creator compensation, and governance participation. Users can spend tokens to access virtual events, purchase digital assets, and reward content creators.
Business Model Analysis
The platform focuses on legitimate business activities in the digital entertainment and virtual reality space. The core functions involve content creation, virtual performances, and digital asset trading - all of which align with halal principles as they involve real value exchange and asset ownership.
Development and Adoption
While the project appears to be in early stages, there is evidence of ongoing development of the VR platform and ecosystem. The team has established partnerships in the entertainment industry, though current adoption metrics are limited.
Token Distribution
The token distribution appears structured with vesting periods for team members and early investors, indicating some protection against sudden dumps. However, specific details about token allocation percentages were difficult to verify.
Revenue Model
The revenue model is based on legitimate business activities: platform fees, virtual event tickets, and digital asset sales. These represent actual value exchange rather than interest-based or gambling mechanisms.
Crypto Impact
To assign a comfort level investing in VRJAM(BLUE) 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 VRJAM(BLUE).
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.