Dogeclub
Crypto Overview
Overview
Dogeclub is a meme cryptocurrency that aims to build a community around dog-themed content and NFTs. The project was launched in 2023 on the BNB Chain.
Purpose & Utility
The stated purpose is to create an ecosystem for meme sharing and NFT trading focused on dog-themed content. The token is primarily used for trading and as a means of payment within their planned NFT marketplace.
Business Model & Operations
The project focuses on community building through social media and meme creation. While initially planned to launch an NFT marketplace, there is currently limited evidence of concrete development in this direction.
Real-World Adoption
Current usage appears to be primarily focused on trading. There is no evidence of significant adoption for the stated utility purposes or functioning products beyond the token itself.
Development Activity
Development activity appears minimal based on public repositories and announcements. The team maintains active social media presence but technical updates are limited.
Token Distribution
Initial token distribution information shows: 40% for public sale, 20% for marketing, 15% for development, 15% for team (locked for 6 months), 10% for liquidity.
Crypto Impact
To assign a comfort level investing in Dogeclub 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 Dogeclub.
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.