Wilder World
Crypto Overview
Project Overview
Wilder World is a decentralized metaverse project built on the Ethereum blockchain, focusing on creating an immersive 3D virtual world powered by NFTs. The WILD token serves as the native currency and governance token within this ecosystem.
Intended Utility
The WILD token is designed to facilitate transactions within the Wilder World metaverse, including purchases of NFT assets like virtual real estate, vehicles, and artwork. It also provides governance rights to token holders who can participate in protocol decisions.
Actual Utility Assessment
The platform is still in development, with limited real-world implementation of its stated utilities. While there is evidence of ongoing development activity through their GitHub repository and regular updates, the current usage primarily revolves around speculation rather than practical application within the metaverse.
Token Distribution and Governance
Initial token distribution allocated 30% to the team and advisors with a 3-year vesting period, 20% for ecosystem development, 20% for community rewards, and 30% for public sale. The vesting schedule appears reasonable and designed to prevent immediate dumping.
Development vs Marketing
The project demonstrates a balance between development and marketing efforts. Regular technical updates are published, and the development team maintains active communication through official channels. However, marketing activities have been notably prominent, particularly in promoting the metaverse vision.
Revenue Model
The project's revenue model is based on NFT sales and transaction fees within the metaverse, avoiding interest-based mechanisms. The platform does not facilitate gambling or other prohibited activities.
Crypto Impact
To assign a comfort level investing in Wilder World 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 Wilder World.
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.