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Sidus logo

Sidus

SIDUS Grey
$0.006510
-2.00% (24h)
Market Cap
$60.91M
Consensus
ERC-20 Token
Screening
Q2 2023
Status
Grey

Shariah Judgement

SIDUS is a futuristic play-to-earn NFT MMORPG that allows players to earn real money while immersing themselves in an engaging game world. The project includes various innovative features like Sidus Gates, a Bank, a Holding module, a Store, a Hedonism center, a Reproduction facility, a Marketplace, and a Shipyard. However, the rewards system's clarity in the play-to-earn model remains uncertain, posing a potential concern regarding the involvement of maysir (gamble) if tournament fees are utilized for rewards.

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Detailed Screening Breakdown

Category Details Status
Legitimacy SIDUS demonstrates a high level of legitimacy through its team composition, which consists of experts from various domains including blockchain, DeFi, game development, and NFT art. The availability of clear information about the team, active social media presence, a well-defined roadmap, and the provision of a whitepaper further enhance its credibility and legitimacy. Passed
Project SIDUS is an innovative play-to-earn NFT MMORPG that offers a futuristic and immersive gaming experience, where players have the opportunity to earn real money while enjoying the game world and forming new friendships. The team aims to launch a groundbreaking WEBGL, AAA-level, Play-to-Earn, NFT, and RPG game. Projects within SIDUS include Sidus Gates for exploration, a Bank to withdraw tokens, a Holding module for in-game rewards, a Store to purchase unique items, a Hedonism center for paid tournaments, a Reproduction facility for earning from new characters, a Marketplace for item trading, and a Shipyard for additional gameplay features. However, it's important to note that the rewards system in the play-to-earn model is currently unclear, and there is a possibility of involving the element of maysir (gamble) if the tournament fees are used for the rewards. Grey
Financials The token is not backed by any equity, thus there is no financial screening on this token. Passed
Token SIDUS token serves as a utility token within the Sidus ecosystem, fulfilling a wide range of functions within the game. It is used for activities such as labor market transactions, transactional fees, upgrades, infrastructure construction, marketplace operations, replication, wrapping NFTs, resource exchange, and other in-game functions. Additionally, the token is essential for purchasing and selling various NFT content, and it is also utilized as currency for making payments for internal services and platform commissions within SIDUS HEROES. Passed
Staking Method The mechanism and implementation details of the staking system are currently unclear. Grey

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Official Reference

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