America
Crypto Overview
Purpose and Utility
AMERICA is a meme cryptocurrency token launched on the Ethereum blockchain in 2023. Its stated purpose appears to be primarily building a community around American patriotic themes. The token does not claim any specific technological utility beyond being a tradeable ERC-20 token.
Business Model and Operations
The token operates as a standard ERC-20 token on Ethereum, enabling peer-to-peer transfers and trading. There are no apparent lending, staking, or interest-bearing components to the token's operation.
Real-World Adoption
Current usage appears to be primarily focused on trading and speculation through decentralized exchanges. No significant real-world applications or partnerships have been identified.
Token Distribution
Based on available on-chain data, the token appears to have a relatively decentralized distribution pattern among holders, though complete details about initial distribution are limited.
Development Activity
The project maintains basic token functionality but does not appear to have significant ongoing technical development beyond standard ERC-20 features.
Crypto Impact
To assign a comfort level investing in America 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 America.
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.