Aurory (AURY)

In-Game Economy and Trading

Aurory's native token, $AURY, is the main currency used within the Aurory ecosystem. Players use it to buy and sell assets in the Aurory Marketplace, including NFT creatures called Nefties, eggs, cosmetics, and land. It is also required as a fee for hatching eggs to obtain new Nefties. All trades in the marketplace are settled in $AURY.

Gameplay and Rewards

Players can earn $AURY tokens by playing the game in both PvE (player versus environment) and PvP (player versus player) modes. The token is used as an entry fee to access tournaments and exclusive game modes with significant rewards. Victories in PvE mode reward players with $AURY from a weekly reward pool. Staking $AURY is another way to earn tokens.

Governance and Community

$AURY holders have governance rights, allowing them to vote on key decisions related to game development. This supports a community-driven ecosystem where players contribute to the evolution of the game.

Ecosystem and Expansion

$AURY acts as the economic fuel driving the Aurory ecosystem, which includes multiple games and decentralized applications (dApps). The token is available on Solana and Arbitrum blockchains and can be traded on both centralized and decentralized exchanges.

Educational Aspect

Aurory combines gaming with education about cryptocurrencies, blockchain, and NFTs, providing an engaging way for players to learn about DeFi and crypto through interactive gameplay.

Pros

• Aurory is powered by the Solana blockchain, which offers fast transaction speeds, very low fees, and a smaller environmental impact compared to other blockchains.
• It is a free-to-play game, allowing anyone to start playing and owning in-game assets without any upfront investment.
• The game features colorful, anime-style graphics and engaging gameplay with both single-player and multiplayer modes.
• Aurory uses NFTs called Nefties, which players can collect, trade, and use in battles, giving true ownership of in-game assets.
• The platform supports easy access through social media accounts without needing a digital wallet, lowering entry barriers.
• Aurory has a growing team and community, with regular content updates and plans for new game regions and quests.
• The AURY token can be traded on multiple centralized and decentralized exchanges and is used for trading NFTs and earning rewards in the game.
• The project emphasizes a fun gaming experience combined with blockchain education and community involvement.

Cons

• Aurory experienced a security breach where about 600,000 AURY tokens were stolen, leading to temporary shutdowns.
• The token price has shown volatility and has faced resistance in maintaining higher price levels recently.
• Market capitalization is relatively low compared to major cryptocurrencies, which may affect liquidity and price stability.
• Some price forecasts predict potential declines in value over the next few years.
• MetaMask wallet does not support Aurory, limiting wallet options for some users.
• The project is still growing and expanding, so some features and partnerships are in early stages and may evolve over time.

Founders

Aurory was co-founded in 2021 by Yann Penno and Paul Vadillo (also known as Sym). Yann Penno is the Creative and Art Director with 14 years of experience as a 2D/3D animator and art director in indie games. Paul Vadillo leads Marketing and Operations and has been a full-time cryptocurrency investor since 2019.

Team Background

The team includes talents from major gaming studios like Ubisoft, Electronic Arts, Rovio, and Warner Bros, bringing strong experience in blockchain gaming development.

Key Investors in Aurory

Aurory has attracted a variety of institutional and seed investors. Some of the notable investors include:

• 6th Man Ventures (6MV): A venture capital firm involved in Aurory's funding.
• Alamanda Research: One of the early investors.
• Animoca Brands: A major player in NFT and blockchain gaming investments.
• Ascensive Asset Management: Participated in Aurory's ICO funding round.
• CMS Holdings (New York): An institutional investor.
• Sfermion: Listed among the 9 institutional investors.
• Tioga Capital, Moonchain Capital, Hypersphere Ventures, Double Peak Group, Triblock: Other investors involved in Aurory's funding rounds.
• Solana, Jump Capital, Zee Prime Capital: Also investors supporting Aurory's development.

Funding Details

• Aurory raised approximately $109 million in a single ICO funding round in October 2021.
• The project has a total of 22 investors, with 9 institutional investors confirmed.
• Seed investors and the team have extended their cliffs to show long-term commitment.

These investors have helped Aurory grow as a blockchain-based gaming platform with a strong focus on NFTs and play-to-earn mechanics.

Halal Status of Aurory

Aurory is a blockchain-based gaming ecosystem with its AURY token used for governance, in-game purchases, rewards, and staking within its metaverse. From the available information, there is no explicit ruling stating Aurory is halal or haram. However, the general principle for crypto tokens is:

• If the project and token comply with Islamic finance principles—avoiding interest (riba), gambling (maysir), excessive uncertainty (gharar), and unethical activities—then it can be considered halal.
• Aurory’s token is a utility token used within a gaming ecosystem, which suggests practical use rather than speculative or interest-based functions.

Summary

• Is Aurory halal? Yes, provided it meets Islamic finance criteria such as no involvement in riba, gambling, or unethical practices.
• The token’s use for governance, rewards, and in-game purchases supports its utility nature, which aligns with halal considerations.