Star Atlas (ATLAS)

In-Game Currency

Star Atlas uses the ATLAS token as the main currency for buying and selling ships, equipment, land, and other resources within the game. Players use ATLAS to trade with non-playable characters (NPCs) and other players.

Governance

The POLIS token allows holders to participate in the governance of the Star Atlas metaverse. By staking POLIS, players can vote on proposals that affect the game's rules, political decisions, and development direction.

Gameplay and Economy

Players can explore space, conquer territories, and engage in political domination. The tokens enable players to own, trade, and upgrade assets like ships and starbases, which are represented as NFTs. This creates a player-driven economy where assets have real ownership and value.

Community and Decentralization

Star Atlas supports decentralized autonomous corporations (DACs) and regional DAOs, where players use tokens to influence local governance, military strategies, and taxation within the game universe.

Marketplace

Tokens are used to buy, sell, and trade resources, services, and NFTs on the Star Atlas Galactic Marketplace, both inside and outside the game.

For more details, visit the official website: staratlas.com

Pros

• Fast and Low-Cost Transactions: Star Atlas runs on the Solana blockchain, which offers high speed and low transaction fees, making in-game trading and activities smooth and affordable.
• True Ownership of Assets: Players own NFTs representing ships, land, and other in-game items, allowing real ownership and the ability to trade assets inside and outside the game.
• Decentralized Governance: The POLIS token lets players participate in decision-making through the Star Atlas DAO, influencing the game's development and rules.
• Immersive Gameplay: Combines space exploration, territorial conquest, and political strategy with blockchain technology for a unique gaming experience.
• Growing Ecosystem: Increasing adoption by gamers and a vibrant marketplace for digital assets support a dynamic in-game economy.

Cons

• Price Volatility: The value of ATLAS tokens can fluctuate significantly, influenced by the broader crypto market and game adoption.
• Liquidity Issues: Trading ATLAS on some platforms may involve high slippage due to lower liquidity outside major exchanges.
• Complexity: The game and its economy can be complex for new players, requiring time to understand the dual-token system and governance.
• Development Pace: Some community members note a focus on concept art and NFTs over ready-to-play game assets, which may affect user experience.
• Market Performance: ATLAS has experienced price declines and lower trading volumes recently, reflecting market challenges.

For more details, visit the official site: staratlas.com

Founders of Star Atlas

Star Atlas was founded by a team including Michael Wagner (Co-Founder and CEO), Daniel Floyd (Co-Founder and Chief Product Officer), Jacob Floyd (Co-Founder and Chief Technology Officer), and Pablo Quiroga (Co-Founder and Chief Revenue Officer). They bring together experience in gaming, blockchain, and business to build the Star Atlas metaverse.

Key Investors in Star Atlas

• Animoca Brands: A major investor who purchased over $3 million worth of Star Atlas NFT spaceships, supporting the development of the metaverse.
• Yield Guild Games: Invested $1 million in Star Atlas assets and partnered with the team to help grow the player base.
• AngelDAO, Artemis Capital, Big Deal Ventures, Digital Strategies, Token Ventures: Part of a group of 36 investors who have contributed funding to Star Atlas.
• Mechanism Capital, Sino Global Capital, LD Capital, Spark Digital Capital, Republic Labs: Other notable investors involved in backing Star Atlas.
• Alameda Research, Master Ventures, Tagus Capital: Additional investors known for supporting Star Atlas in various funding rounds.

These investors include venture capital firms, gaming-focused funds, and blockchain investment groups, all helping to fund the growth and development of Star Atlas.

Halal Status of Star Atlas

• No: There is no clear, widely recognized Islamic scholarly consensus or official Shariah certification specifically declaring Star Atlas halal.
• Reason: The halal status of cryptocurrencies like Star Atlas depends on factors such as the nature of the token, its use, and compliance with Islamic finance principles. Since Star Atlas is a gaming token with in-game trading and speculative elements, its permissibility varies among scholars and is not definitively confirmed as halal.

For a clear ruling, consulting a qualified Islamic finance scholar familiar with crypto is recommended.