Nine Chronicles
Crypto Overview
Project Overview
Nine Chronicles is a decentralized RPG (Role-Playing Game) that runs entirely on-chain. The game is open-source and operates on its own blockchain network, with WNCG serving as the governance and utility token. Players can earn WNCG through gameplay, crafting items, and participating in the game's economy.
Intended Utility
The WNCG token serves multiple legitimate purposes within the Nine Chronicles ecosystem: It's used for governance voting on game parameters and development decisions, purchasing in-game items and equipment, crafting materials, and rewarding players for participating in the game's economy.
Actual Utility
The token is actively used within the game ecosystem for its intended purposes. On-chain data shows regular transaction activity for game-related purchases, crafting, and governance participation. The development team maintains regular updates and improvements to the game platform, with verifiable GitHub activity.
Token Distribution and Founder Assessment
The token distribution includes allocations for the ecosystem (40%), team and advisors (25%), early contributors (20%), and community initiatives (15%). Team tokens are subject to a 4-year vesting period with a 1-year cliff, indicating a long-term commitment to the project. The founding team has transparent backgrounds in gaming and blockchain development, with no history of questionable projects.
Technology Assessment
The underlying technology focuses on providing a decentralized gaming experience without any gambling mechanics. The game's economic model is based on player skill, strategy, and participation in the virtual economy, rather than chance-based outcomes. The platform does not involve interest-bearing mechanisms or lending protocols.
Crypto Impact
To assign a comfort level investing in Nine Chronicles 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 Nine Chronicles.
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.