Doomer
Crypto Overview
Project Overview
DOOMER is a meme cryptocurrency that launched in late 2023 on the Ethereum network. The project appears to be community-driven and themed around 'doomer' internet culture.
Purpose and Utility
The token's primary stated purpose is to serve as a medium of exchange and store of value within its community. There are no complex DeFi mechanics, lending protocols, or gambling features involved.
Business Model
The project operates as a simple ERC-20 token with standard transfer capabilities. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content.
Real-World Adoption
The token has gained some traction in the crypto community, primarily being traded on decentralized exchanges like Uniswap. While adoption is currently limited, this does not affect its Sharia compliance status.
Development Activity
The project maintains basic token functionality without complex features. The simplicity of the project means there isn't extensive ongoing development needed.
Token Distribution
Based on available data, the token appears to have had a fair launch with no pre-mine for founders. Trading and ownership are open to all participants.
Crypto Impact
To assign a comfort level investing in Doomer 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 Doomer.
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.