Zamio
Crypto Overview
Purpose and Utility
Zamio is a metaverse gaming ecosystem project built on BSC chain. The ZAM token serves as the governance and utility token for the platform, used for NFT purchases, in-game transactions, and staking.
Business Model Analysis
The project focuses on gaming and NFT utility with cross-chain capabilities. While gaming itself is permissible in Islam when not involving gambling elements, the project includes staking mechanisms that could raise concerns from an Islamic finance perspective.
Real-World Adoption
Current adoption appears limited, with most token activity centered around trading on decentralized exchanges. The gaming ecosystem is still in development stages.
Development Activity
Development activity appears minimal based on public GitHub repositories and community updates. The project's social media channels show limited recent activity.
Token Distribution and Governance
Information about token distribution and founder lockups is not readily available from verifiable sources, which raises transparency concerns.
Crypto Impact
To assign a comfort level investing in Zamio 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 Zamio.
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.