WeWay

Halal Rating :
Questionable
Last Price $0.00 Last updated:
Rank 1946
1D Change 11.38 %
Market Cap $1.18m
Circulating supply 1,440,281,416
Maximum supply None

Crypto Overview

Categories
  • Marketplace
  • Collectibles & NFTs
  • Content Creation
  • Entertainment
  • Metaverse
  • Play To Earn

Project Overview

WeWay is a Web3 platform focused on connecting content creators with their audiences through blockchain technology. The WWY token serves as the native utility token of the WeWay ecosystem.

Intended Utility

The WWY token is designed to facilitate transactions within the WeWay ecosystem, including NFT purchases, content monetization, and platform governance. Content creators can use the platform to monetize their work through various channels including NFTs, digital merchandise, and exclusive content.

Actual Utility & Adoption

WeWay has demonstrated some real-world adoption through partnerships with content creators and influencers. The platform has launched several features including an NFT marketplace and content monetization tools. The ecosystem shows active development with regular updates and improvements to the platform infrastructure.

Token Distribution & Governance

The token distribution appears reasonable with vesting periods in place for team allocations. The project maintains transparency regarding token allocations and demonstrates ongoing platform development rather than solely focusing on token price.

Technological Framework

The platform operates on blockchain technology, enabling direct creator-to-fan interactions and transparent value exchange. The underlying technology facilitates actual ownership transfer of digital assets and provides genuine utility through its ecosystem features.

Crypto Impact

To assign a comfort level investing in WeWay 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 WeWay.

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.