Axie Infinity is a gaming platform. No gambling element was found in this project. The overall ecosystem complied with Shariah's ruling
| 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 | Axie Infinity is a gaming project where players can earn tokens by participating in the game. Players can earn tokens by selling NFT/in-game items. Overall, the reward system is neutral, and no prohibited element is found. | Passed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | AXS token is a staking reward that also functions as a governance token that gives voting rights to its owner. While SLP is a token that can only be acquired by playing the game as a reward for winning a battle in PVP Arena and other modes. Both token reward systems are neutral. | Passed |
| Staking Method | The staking mechanism on AXIE is unclear, so we could not make any rulings regarding the source of the staking reward. Thus we advise you to avoid staking AXS for now. | Grey |
Read the source document and verify project fundamentals.