CHEEPEPE
Crypto Overview
Overview
CHEEPEPE is a meme cryptocurrency launched on the Ethereum blockchain in 2024. It positions itself as a community-driven project that combines elements of popular meme coins Pepe and Cheems.
Purpose and Utility
The primary stated purpose of CHEEPEPE is to serve as a tradeable digital asset and meme token. The project does not claim any complex utility beyond being a community-driven cryptocurrency that can be freely traded.
Business Model & Operations
CHEEPEPE operates as a simple ERC-20 token. The token can be traded on decentralized exchanges and involves actual ownership transfer of digital assets. There are no lending, staking, or interest-bearing components to the protocol.
Development & Community
The project maintains basic smart contract functionality for token transfers. While marketing-focused, the project does not involve any prohibited activities like gambling, interest-based lending, or adult content.
Token Distribution
Initial token distribution included a fair launch mechanism where tokens were made available through decentralized exchanges. There is no evidence of excessive founder allocation or concerning vesting structures that would indicate a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in CHEEPEPE 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 CHEEPEPE.
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.