DORK
Crypto Overview
Purpose and Utility Analysis
DORK is part of the Friend.tech ecosystem and functions as a meme token that gained popularity in October 2023. While it does not have a clearly stated utility beyond being a speculative token, it operates on the Base network and facilitates actual token ownership transfers.
Business Model
The token appears to be primarily focused on community engagement and trading. While it lacks complex utility features, it does involve real asset ownership and transfer, operating within the conventional cryptocurrency trading framework.
Real-World Adoption
The token has gained significant trading volume and community attention since its launch, though primarily as a speculative asset. Trading occurs on decentralized exchanges where actual token ownership is transferred between parties.
Development Activity
As a meme token, DORK has limited technical development activity. However, this is consistent with its stated nature and does not inherently affect its halal status.
Token Distribution
Available information about token distribution and vesting schedules is limited. The token operates on the Base network with standard ERC-20 functionality, allowing for permissionless trading and ownership.
Crypto Impact
To assign a comfort level investing in DORK 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 DORK.
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.