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Combo

COMBO Grey
$0.6562
-2.96% (24h)
Market Cap
$46.63M
Consensus
ERC-20 and BEP-20 Token
Screening
Q2 2023
Status
Grey

Shariah Judgement

Combo (formerly Cocos-BCX) is a leading provider of scaling solutions for Web3 game development. They focus on building an open-source, decentralized Layer2 solution specifically for games, using Graphene technology. As of now, Combo's tools and services do not involve any prohibited elements or activities, but many of their projects are still in progress.

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Detailed Screening Breakdown

Category Details Status
Legitimacy The legitimacy of COMBO is not clear based on the available information. While they have a clear roadmap, their documentation is incomplete, with many aspects still in progress. There is no clear information provided about their team, which can raise concerns about transparency and accountability. However, they are active in updating their social media, which could indicate some level of engagement and communication with their community. Grey
Project COMBO is a rebranding of Cocos-BCX (COCOS) and has established itself as a leading provider of scaling solutions for Web3 game development. Their primary focus is on building an open-source, decentralized Layer2 solution specifically designed for games. By leveraging the world's top game engine, COMBO aims to maximize the potential of Web3 games by offering an accessible, efficient, affordable, and secure platform. They introduced the first game chain based on Graphene technology, incorporating innovative concepts like parallel worlds, item traversal, asset synthesis, and asset circulation. COMBO offers various tools such as an Explorer, bridge, swap tool, and plugin, while their services include chain configuration, account abstraction support, wallet integration, and work on developing features like NFT support, zero-knowledge proofs, and storage solutions. Currently, a lot of COMBO's tools and services, including plugin, NFT support, ZK, and storage solutions, are still in progress. Grey
Financials The token is not backed by any equity, thus there is no financial screening on this token. Passed
Token COMBO is the native token of the project and its current use case primarily revolves around paying for transaction fees on the network. As the network's gas fee, COMBO serves as a means of facilitating and validating transactions within the ecosystem. Passed
Staking Method COMBO's documentation does not provide any information on staking at the moment. It is unclear whether staking is currently available or if it is planned for future development. Grey

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Official Reference

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