CERBEROGE
Crypto Overview
Project Overview
CerberOge (CERBER) is a meme cryptocurrency launched on the Solana blockchain that draws inspiration from both Cerberus, the mythological three-headed dog, and the popular Doge meme theme. The project was launched in late 2023.
Stated Purpose and Utility
The primary stated purpose of CERBER is to serve as a community-driven meme token on Solana, focusing on building a strong community and providing a tradeable asset. The project does not claim any complex utility beyond serving as a tradeable token and fostering community engagement.
Business Model Analysis
The token operates as a standard Solana-based cryptocurrency, allowing for ownership and transfer of digital assets. The project does not involve any inherently haram activities like gambling, interest-based lending, or adult content. Trading occurs on decentralized exchanges where actual token ownership is transferred between parties.
Development and Platform Activity
The project maintains active social media presence and community engagement channels. As a meme token, its primary focus is on community building and trading rather than technical development.
Token Distribution and Founder Involvement
The token launched with a fair distribution model on decentralized exchanges. While specific founder allocation details are not publicly available, the token operates on decentralized exchanges where trading involves actual asset transfers.
Crypto Impact
To assign a comfort level investing in CERBEROGE 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 CERBEROGE.
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.