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Power Protocol

POWER Gaming Ethereum Ecosystem BNB Chain Ecosystem
$0.0785
-0.03% (24h)

Market Stats

Price
$0.0785
-0.03% (24h)
Market Cap
$16.5M
Volume (24h)
$2.06M
Supply
210.00M POWER
FDV
$78.49M

Shariah Analysis

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Token
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Last Screening: Q1 2024

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Risk Categories
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About Power Protocol

Power Protocol is an infrastructure layer for blockchain entertainment whose flagship and only live application is Fableborne, a mobile ARPG by Pixion Games. POWER functions as webshop currency, a minting and staking input, and the reward token of the Fableborne economy. The project is legitimate, well-funded and unusually transparent, and the token carries no riba, lending or derivative exposure. It is nonetheless classified as Shariah non-compliant because the mechanics through which POWER is principally earned and spent are chance-based or funded by pooled participant spend: POWER Chests are purchased for a randomised jackpot prize with undisclosed odds, and the Guild seasonal prize pool is fed by up to 70 percent of webshop revenue and paid out by competitive ranking. These are first-party systems central to the token's economy rather than optional third-party products, and they fall within the gambling and lottery criterion at Section 4.1.1.

Consensus Mechanism

Token