Bald

Overview

BALD is a meme cryptocurrency launched on the Arbitrum network in August 2023. The token's primary stated purpose was to celebrate 'bald culture' and create a community around a humorous theme.

Purpose and Utility

The token was created with basic ERC-20 functionality, allowing for trading and transfer of value. While it doesn't have complex utility mechanisms, it operates as a standard cryptocurrency token with transferability and ownership rights.

Business Model and Operations

The project operates primarily as a community-driven meme token. It launched with no presale and claims to have no team allocation, with tokens distributed through a fair launch mechanism. The token can be traded on decentralized exchanges on the Arbitrum network.

Development and Platform Activity

The project maintains minimal but functional smart contracts for basic token operations. There is no complex development roadmap or additional utility features planned.

Token Distribution

According to available information, BALD launched with a fair distribution model, with no pre-mine or team allocation. The token supply is fixed, and tokens were made available through decentralized exchanges.