42DAO

Halal Rating :
Questionable
Last Price $1.6 Last updated:
Rank 4708
1D Change -5.89 %
Market Cap -
Circulating supply 0
Maximum supply 100,000,000

Crypto Overview

Categories
  • Memes

Overview

After extensive research, I was unable to find reliable, current information about a cryptocurrency called 42DAO with the ticker FTD. The project either may be too new, no longer active, or operating under different identifiers.

Limited Information

Without access to verifiable information about the project's:

  • Stated purpose and utility
  • Business model and operations
  • Token distribution
  • Development activity
  • Real-world usage
  • Team background
I cannot make a proper assessment of its Sharia compliance or determine if it provides legitimate utility versus being purely speculative.

Crypto Impact

To assign a comfort level investing in 42DAO from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to 42DAO.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.