Costco Hot Dog
Crypto Overview
Overview
Costco Hot Dog ($COST) is a meme cryptocurrency launched in 2024 inspired by Costco's famous $1.50 hot dog and soda combo deal. The project appears to be community-driven with no clear team or leadership structure identified.
Purpose and Utility
The stated purpose is to celebrate Costco's commitment to maintaining their hot dog combo price despite inflation. The token has no explicit utility beyond being a tradeable digital asset and serving as a medium for community engagement.
Business Model
The project operates as a simple ERC-20 token on the Ethereum blockchain. There are no apparent mechanisms for revenue generation beyond token trading. The project does not facilitate any prohibited activities like gambling, interest-based lending, or adult content.
Real-World Adoption
Current usage is primarily limited to trading on decentralized exchanges. No significant partnerships or real-world applications have been identified.
Development Activity
The project appears to have minimal ongoing development. The smart contract is basic and immutable, with no additional features being developed.
Token Distribution
Token distribution information is publicly available through the blockchain, though detailed analysis of holder concentration would require further investigation. No explicit vesting periods or lock-up agreements have been identified.
Crypto Impact
To assign a comfort level investing in Costco Hot Dog 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 Costco Hot Dog.
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.