Web3War
Crypto Overview
Overview
Web3War (FPS) is a gaming-focused cryptocurrency project aiming to create a platform for first-person shooter gaming with blockchain integration. The project claims to combine traditional gaming elements with Web3 technology, allowing players to earn tokens through gameplay and own in-game assets.
Purpose and Utility
The stated purpose of Web3War is to serve as the native token for their gaming ecosystem, used for purchasing in-game items, participating in tournaments, and governance of the platform. The project is still in early development stages, with limited current utility beyond trading.
Business Model Analysis
The core business model revolves around gaming and digital asset ownership, which are permissible activities under Islamic principles. The project does not appear to involve gambling, interest-based mechanisms, or other prohibited activities in its core functionality.
Development and Adoption
The project shows limited public development activity and adoption at this time. While the gaming platform is still under development, the token primarily exists as a tradeable digital asset on various cryptocurrency exchanges.
Token Distribution and Founder Analysis
Token distribution information and development team details are limited. However, the project's structure appears to follow standard cryptocurrency launch practices, with tokens being freely tradeable on public markets.
Crypto Impact
To assign a comfort level investing in Web3War 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 Web3War.
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.