VOXEL Voxies

Use Cases of Voxies

Voxies is a free-to-play, 3D turn-based tactical RPG game built on the blockchain. The primary use cases of Voxies include:

• In-Game Currency: Voxies (VOXEL) serves as the in-game currency, allowing players to purchase equipment, NFT items, characters, and engage in in-game activities like Player vs Player (PvP) matches and crafting.
• Marketplace Transactions: The Voxies Marketplace is the hub for all in-game transactions, where players can buy, sell, and trade equipment, characters, and NFT items using VOXEL tokens.
• Earning Rewards: Players can earn VOXEL tokens by participating in in-game activities such as winning battles, completing missions, and engaging in PvP matches.
• NFT Ownership: Voxies utilizes NFT technology, allowing players to own unique and valuable digital assets, including characters and in-game items, which can be traded on secondary NFT markets.
• Play-to-Earn Model: The game offers a robust play-to-earn model, where players can earn VOXEL tokens through exploration, battles, and completing in-game challenges, which can be used to purchase items in the marketplace or traded for real-world value on cryptocurrency exchanges.

Pros of Voxies

• User-Friendly Experience: Voxies simplifies the blockchain gaming experience, making it accessible to a broader audience while retaining core blockchain elements.
• Dynamic In-Game Economy: The integration of VOXEL tokens and NFTs allows players to trade, craft, and compete in a truly decentralized gaming experience.
• Play-to-Earn Model: Players can earn VOXEL tokens through exploration, battles, and completing in-game challenges, which can be used to purchase items in the marketplace or traded for real-world value on cryptocurrency exchanges.
• Ownership and Value Retention: The use of NFTs for characters and in-game items gives players full ownership rights and value retention.
• Community Engagement: Voxies aims to create a vibrant in-game economy and an active community of players.

Cons of Voxies

• Dependence on Game Success: The value of VOXEL tokens is heavily tied to the success and adoption of the game. If player interest or the game’s popularity declines, this could negatively impact the token’s value and long-term viability.
• Market Volatility: Like many tokens in the gaming space, VOXEL's value can be volatile and subject to market fluctuations.
• Limited Use Case: The primary use case for VOXEL tokens is within the Voxies game, limiting its broader utility compared to other cryptocurrencies.

Founders of Voxies

• Steven Ball (Founder / CEO): Over 15 years of experience in AAA game development, having worked on titles such as Assassin's Creed and Far Cry at studios like EA Games and Ubisoft.
• Ash Kurn (Co-Founder / CCO): Specializes in quality assurance and customer service, with experience at WB Games.
• Ryan Sterling (CFO): Handles financial management, previously working as an accountant for major real estate and financial services companies.
• Jake Melendy (CSO): Determines the strategic direction of the company, with over 10 years of experience in sales and marketing in the technology space, including collaborations with Fortune 100 companies like Oracle.

Key Team Members

• JP Saulnier (COO): Ensures smooth collaboration between the team and partners, contributing to the overall operational efficiency of AlwaysGeeky Games.

Background

AlwaysGeeky Games, the team behind Voxies, has a rich history in game development, with members having worked at leading studios like EA Games, Warner Brothers Games, and Ubisoft.

Investors in Voxies

• Key Investors: Voxies is backed by investors such as Binance Labs.
• Funding Details: The project has raised a total of $1,100,000 to date, with the latest funding round being a Strategic round on March 4, 2022.

Halal Status of Voxies

No, the halal status of Voxies is not definitively confirmed. According to the analysis provided by Practical Islamic Finance, the determination of whether Voxies is halal involves evaluating its net positive or negative impact from a Shariah perspective, which includes various considerations such as the project's objectives, features, and usage.

Key Considerations for Shariah Compliance

• Legitimacy Screening: Ensuring the project is genuine and not a scam.
• Project Screening: Ensuring the project aligns with Shariah principles.
• Financial Screening: Ensuring financial aspects comply with Shariah, especially if it involves equity-based tokens.
• Token Screening: Understanding the Shariah compliance of the token itself.
• Staking Screening: Evaluating the Shariah compliance of the staking mechanism if applicable.

Conclusion

Given the complexity and the need for detailed analysis, it is crucial to consult specific Shariah screenings and expert opinions to determine the halal status of Voxies. General statements about cryptocurrencies being halal or haram are not applicable, as each project requires individual evaluation.