Doggo
Crypto Overview
Project Overview
Doggo is a meme cryptocurrency launched in 2023 on the Ethereum blockchain as an ERC-20 token. The project positions itself as a community-driven meme token inspired by dogs, similar to other dog-themed cryptocurrencies.
Purpose and Utility
The stated purpose of Doggo is primarily as a community token for dog enthusiasts and meme cryptocurrency collectors. While it doesn't claim sophisticated utility, it operates as a tradeable digital asset on decentralized exchanges.
Business Model and Operations
The token operates on a straightforward model of decentralized trading and community engagement. There are no lending protocols, interest-bearing mechanisms, or gambling features integrated into the token's smart contract.
Real-World Adoption
Doggo maintains active trading volumes on decentralized exchanges like Uniswap. The primary use case remains trading and holding, with community engagement through social media platforms.
Development Activity
The project maintains basic token functionality without complex development requirements. The smart contract is verified on Etherscan and follows standard ERC-20 implementation.
Token Distribution
Available data indicates a relatively fair token distribution model with no excessive concentration among founders. Trading is permissionless and occurs on decentralized exchanges.
Crypto Impact
To assign a comfort level investing in Doggo 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 Doggo.
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.