XANA

Halal Rating :
Comfortable
Last Price $0.003 Last updated:
Rank 3590
1D Change -1.19 %
Market Cap -
Circulating supply 0
Maximum supply None

Crypto Overview

Purpose and Utility

XANA is a metaverse and blockchain gaming platform that utilizes the XETA token as its native cryptocurrency. The token serves multiple purposes within the XANA ecosystem, including governance, in-game transactions, and NFT marketplace operations.

Business Model Analysis

The platform focuses on creating virtual experiences, gaming environments, and digital asset trading. The business model appears to be based on legitimate technological use cases, including NFT creation and trading, virtual land ownership, and in-game transactions.

Real-World Adoption

XANA has established partnerships with various organizations and brands for metaverse experiences. The platform shows active development and user engagement in their virtual environments and NFT marketplace.

Platform Development

The project maintains regular development updates and has a documented roadmap. The team continues to expand the platform's features and capabilities, focusing on metaverse technology and blockchain gaming infrastructure.

Token Distribution

XETA tokens are distributed across various categories including team allocation, ecosystem development, and public sale. The project implements vesting schedules for team tokens to prevent immediate selling pressure.

Crypto Impact

To assign a comfort level investing in XANA 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 XANA.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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