WeWay

Halal Rating :
Comfortable
Last Price $0.00067 Last updated:
Rank 2048
1D Change -0.64 %
Market Cap $969025.91
Circulating supply 1,440,281,416
Maximum supply None

Crypto Overview

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

Project Overview

WeWay is a web3 platform focused on connecting fans with content creators and celebrities through NFTs, fan tokens, and digital experiences. The WWY token serves as the native utility token of the WeWay ecosystem.

Purpose and Utility

The stated purpose of WWY is to facilitate transactions within the WeWay ecosystem, including purchasing NFTs, accessing exclusive content, and participating in fan engagement activities. The token is actively used for these purposes on the platform.

Business Model Analysis

The platform's core business model revolves around content creation, digital collectibles, and fan engagement. These activities are fundamentally halal as they involve the exchange of real digital assets and services. No evidence was found of involvement in prohibited activities like gambling, interest-based lending, or adult content.

Platform Activity and Development

WeWay maintains an active development schedule and has established partnerships with various content creators and celebrities. The platform shows consistent user activity in NFT trading and fan engagement features.

Token Distribution and Governance

Token distribution includes allocations for the ecosystem, team, and public sale participants. Team tokens have vesting schedules to align long-term incentives. The project demonstrates transparency in its token economics and governance structure.

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.