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Cryowar logo

Cryowar

CWAR Shariah
$0.0169
+4.39% (24h)
Market Cap
$4.39M
Consensus
Sophisticated System
Screening
Q1 2023
Status
Shariah

Shariah Judgement

Cryowar is an action-packed PC and mobile game that is both Free-to-Play and Play-to-Earn, developed using Unreal Engine and the Solana network. This project is classified as Shariah Compliant as it does not contradict Shariah principles, and the staking method is also compliant.

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Detailed Screening Breakdown

Category Details Status
Legitimacy Not regulated by any countries or regulatory bodies. The project has a clear roadmap and genuine product on the blockchain, while the token/coin has a fundamental underlying value that allows it to be categorized as "Mal". Passed
Project Cryowar is an action-packed PC and mobile Free-to-Play and Play-to-Earn NFT game developed in Unreal Engine and on the Solana network. It is a real-time multiplayer PVP arena game built on Solana Blockchain and Unreal Engine, featuring functionalities such as Play-to-Earn, Deflationary Mechanisms, High-Octane Gameplay, Solana, and DAO Governance. Cryowar's long-term vision is to expand further and make Cryowar the Champions League of Crypto, allowing players to fight against each other using different blockchain networks and NFTs. Passed
Financials The token is not backed by any equity, thus there is no financial screening on this token. Passed
Token CWAR is a utility token. It serves multiple purposes, including in-game usage, as a medium for buying and selling CRYOWAR NFTs, as the sole means of purchasing access and tickets for tournaments and duels, as a reward for the World Championships, as a medium of exchange for NFT trading and minting, and for purchasing deflationary NFT land plots. Passed
Staking Method CWAR holders can enhance Cryowar's internal economy by providing liquidity and stability, while also earning additional tokens through staking. Passed

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Official Reference

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