Bald
Crypto Overview
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.
Crypto Impact
To assign a comfort level investing in Bald 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 Bald.
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.