Australian Safe Shepherd
Crypto Overview
Overview
Australian Safe Shepherd (ASS) is a meme cryptocurrency launched on the Binance Smart Chain (BSC). The project appears to be community-driven and markets itself as a meme token.
Purpose and Utility
The primary stated purpose is to serve as a community-driven meme token. The project does not claim any specific utility beyond serving as a tradeable digital asset.
Business Model Evaluation
The token operates as a basic BEP-20 token on the Binance Smart Chain, allowing for peer-to-peer transfers and trading. No lending, staking, or interest-bearing mechanisms are present in the core protocol.
Real-World Adoption
Trading activity primarily occurs on decentralized exchanges. The token has gained some community following, though primarily focused on trading and price speculation rather than any specific utility.
Platform Development
Limited development activity is observed. The project maintains basic token functionality without additional feature development.
Token Distribution
The token distribution appears to follow a fair launch model, though detailed information about founder holdings is not readily available.
Crypto Impact
To assign a comfort level investing in Australian Safe Shepherd 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 Australian Safe Shepherd.
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.