Cockapoo

Halal Rating :
Comfortable
Last Price $0.00000012 Last updated:
Rank 9818
1D Change -0.06 %
Market Cap -
Circulating supply 0
Maximum supply 100,000,000,000

Crypto Overview

Overview

Cockapoo (CPOO) is a meme cryptocurrency that launched in 2023 on the Ethereum blockchain, inspired by the Cockapoo dog breed. The project positions itself as a community-driven token with no specific utility beyond serving as a speculative digital asset and fostering a community of Cockapoo dog enthusiasts.

Purpose and Utility Analysis

The token's primary purpose appears to be serving as a tradeable digital asset. While the project's website and social media channels emphasize community building and meme culture, there are no complex features or specific technological utilities implemented.

Business Model Evaluation

The business model is straightforward - the token exists as a tradeable digital asset on decentralized exchanges. There are no lending protocols, gambling features, or interest-bearing mechanisms associated with the token. Trading occurs through standard token swaps on decentralized exchanges where actual ownership of tokens is transferred between parties.

Development Activity

The project maintains basic token functionality on the Ethereum blockchain. There is no complex development activity as the token serves primarily as a simple ERC-20 token.

Token Distribution

The token launched with a fair distribution model where tokens were made available through decentralized exchanges. There's no evidence of significant founder token allocations or vesting schedules that would indicate a scheme to enrich founders.

Crypto Impact

To assign a comfort level investing in Cockapoo 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 Cockapoo.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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