Wemix is a blockchain-based game ecosystem. Users can play free game like Galaxy Tornado, Aqua Tornado, Mir4 and many more. One of the games in Galaxy Tornado involves in gambling activity. We classify them as non-Shariah compliant.
| 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 | Wemix is a blockchain-based game ecosystem. There are a variety of games in Wemix such as Galaxy Tornado, Aqua Tornado, Mir4, and many more. Galaxy Tornado involves in gambling activity. It consider Wemix also involve in non-Shariah activity. | Failed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | WEMIX consists of WEMIX Token as the main token in the ecosystem and game-specific tokens called game tokens. WEMIX tokens are used to value transfer. For example, TORNADO (game tokens) may transfer the value to WEMIX and exchange it to real money. | Passed |
| Staking Method | Contributing to staking will earn staking rewards from transaction fees. The reward system is permissible as it does not contain Riba, Gharar, or Maisir. | Passed |
Read the source document and verify project fundamentals.