Wilder World
Crypto Overview
Overview
Wilder World is a decentralized metaverse project built on the Ethereum blockchain, powered by the WILD token. The project aims to create an immersive 3D world where users can buy, sell, and trade NFTs, virtual real estate, and other digital assets.
Intended Utility
The WILD token serves multiple purposes within the Wilder World ecosystem: It acts as a governance token allowing holders to participate in protocol decisions, serves as the primary currency for transactions within the metaverse, and provides access to exclusive features and experiences.
Actual Utility & Development
The project shows active development with regular updates to their platform. The team has been working on their Zero.City metaverse environment, which includes various digital assets like vehicles, real estate, and avatars. The development team maintains an active GitHub repository and provides regular updates through their communication channels.
Token Distribution & Governance
The token distribution includes allocations for the team, advisors, and early investors with standard vesting periods. The project implements a DAO structure for governance, allowing token holders to participate in decision-making processes.
Business Model Analysis
The business model revolves around creating a self-sustaining digital economy within their metaverse. Revenue is generated through NFT sales, virtual real estate transactions, and marketplace fees - all of which involve actual asset exchanges and transfer of value.
Sharia Considerations
The project's core activities involve the exchange of digital assets and creation of utility through their metaverse platform. There is no evidence of gambling mechanisms, interest-bearing products, or involvement in prohibited industries. The trading and ownership of digital assets within the platform represent actual value transfer rather than zero-sum games.
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.