AURY Aurory

Aurory Use Cases

Aurory is a blockchain-based gaming platform built on the Solana blockchain. The Aurory token (AURY) serves as the primary medium of exchange within the ecosystem, offering various use cases:

• In-Game Transactions: AURY is used for purchasing in-game items, characters, and land. It also facilitates marketplace transactions, ensuring that all trading within the Aurory marketplace is settled in AURY.
• Earning Mechanisms: Players can earn AURY through gameplay, staking, and community airdrops. This includes rewards for participating in battles and progressing through the game.
• Governance: AURY acts as a governance token, allowing holders to participate in certain game-development decisions, giving them a say in the future endeavors of the project.
• Hatching Nefties: AURY is used to hatch Prime eggs, which give players new Nefties that can be used to earn rewards.
• Discounted Crystals: Buying Crystals with AURY provides a discount compared to using stablecoins or fiat. Crystals are used for hatching Standard eggs, buying cosmetics and consumables, and leveling up Nefties.
• Tournament Entry Fees: AURY is used as an entry fee to access tournaments and exclusive game modes with significant rewards.
• Land Sales: Future land sales will be settled in AURY, further emphasizing its central role in the platform's economy and gameplay.

Pros of Aurory

• Educational Component: Aurory focuses on educating users about DeFi and blockchain, allowing players to learn while playing PvE mode.
• High-Quality Graphics: The game features stunning artwork and 3D virtual worlds, making it one of the first AAA DeFi games with immersive graphics.
• NFT Integration: Players can collect and trade NFTs, including Nefties and Aurorians, which can be used in the game and traded on the marketplace.
• Governance: The native token, AURY, provides governance rights to its holders, enabling them to vote on key decisions for the game's development.
• Free to Play: The game is free, making it accessible to a wide range of players.
• Marketplace: The Aurory marketplace allows players to buy and sell in-game items, characters, and land using AURY tokens.

Cons of Aurory

• Token Performance: The native token, AURY, has seen a significant decline in value since its all-time high, which may be a concern for potential investors.
• Market Volatility: The crypto market is known for its volatility, and the value of AURY tokens can fluctuate.
• Dependence on Solana: The game is built on the Solana blockchain, which means its performance and stability are dependent on the Solana network.
• Limited Adoption: Despite its educational focus, the game's adoption and user base may be limited compared to other blockchain games.
• Competition: The blockchain gaming space is competitive, and Aurory faces competition from other games with similar features and mechanics.

Founders of Aurory

• Yann Penno: Co-Founder, Creative and Art Director. Yann has over 14 years of experience in the indie games industry as a 2D/3D animator and art/creative director.
• Paul Vadillo: Co-Founder, Marketing, Operations. Paul is passionate about cryptocurrencies and has a background in real estate development before transitioning to full-time cryptocurrency investment in 2019.

Investors in Aurory

Aurory has secured funding from several prominent investors, including:

• Animoca Brands: Known for their involvement in various blockchain gaming projects.
• Solana Ventures: The investment arm of the Solana blockchain, which Aurory is built on.
• GenBlock Capital: A venture capital firm focused on blockchain and cryptocurrency investments.
• Zee Prime Capital: An investment firm that supports innovative blockchain projects.
• CMS Holdings: A company that invests in a variety of digital assets and blockchain projects.
• Sfermion: A venture capital firm specializing in blockchain and cryptocurrency investments.
• Alameda Research: A trading firm and investment company active in the cryptocurrency space.

These investors participated in Aurory's fundraising round in October 2021.

Halal Status of Aurory

• Halal Status: Yes
• Reason: Aurory is considered halal based on its compliance with Shariah guidelines. For detailed information, refer to the halal report provided by Practical Islamic Finance.

Key Points:

• Assessment Basis: Shariah guidelines are used to assess the halal status of crypto tokens, not exchange or regulatory guidelines.
• Halal Report: Practical Islamic Finance provides a comprehensive halal report for various crypto tokens, including Aurory, which is rated as "Comfortable" for halal investment.
• General Principle: Each crypto token must be evaluated individually based on its adherence to Shariah principles, similar to stocks in traditional financial markets.