BOOK OF MEME 2.0
Crypto Overview
Purpose and Utility
BOME 2.0 is a meme cryptocurrency launched in early 2024 as a follow-up to the original Book of Meme token. The project positions itself as a community-driven meme token on the Solana blockchain, explicitly marketed as a meme cryptocurrency without any pretense of complex utility.
Business Model and Operations
The token operates as a standard SPL token on Solana, enabling basic transfer and trading functionality. There is no lending, staking, or interest-bearing mechanisms involved in its core functionality.
Real-World Adoption
The token has achieved significant trading volume on decentralized exchanges within the Solana ecosystem. Its primary use case remains trading and transfer of value between willing participants.
Development Activity
As a meme token, BOME 2.0 has minimal technical development requirements. The smart contract is a basic SPL token implementation without additional complexity.
Token Distribution
The token launched with a fair distribution mechanism where tokens were made available through decentralized exchanges. There is no evidence of significant founder allocation or vesting schedules that would indicate a pump-and-dump scheme.
Additional Considerations
The project does not facilitate any prohibited activities such as gambling, interest-based lending, or adult content. All transactions involve actual transfer of token ownership between parties.
Crypto Impact
To assign a comfort level investing in BOOK OF MEME 2.0 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 BOOK OF MEME 2.0.
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.