BR34P
Crypto Overview
Overview
BR34P is a cryptocurrency token focused on creating a community of crypto traders and investors. The project's stated purpose is to serve as a deflationary token with community governance aspects.
Purpose and Utility
The primary utility of BR34P appears to be as a tradeable digital asset with deflationary tokenomics. The token includes reflection mechanisms where holders receive a portion of transaction fees.
Business Model
The token operates on a simple model of token transfers with automatic fee distribution. There is no evidence of involvement in prohibited activities like gambling, interest-bearing lending, or adult content.
Platform Activity
The token shows regular trading activity on decentralized exchanges. The project maintains basic social media presence and community engagement.
Token Distribution
Based on available blockchain data, there appears to be a relatively wide distribution of tokens among holders, without concerning concentration in founder wallets.
Revenue Model
The primary mechanism involves transaction fees that are distributed among token holders. This model does not involve riba (interest) or gambling mechanisms.
Crypto Impact
To assign a comfort level investing in BR34P 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 BR34P.
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.