Dovi(Ordinals)
Crypto Overview
Overview
Dovi is a cryptocurrency built on Bitcoin's Ordinals protocol, launched in 2024. It positions itself as a meme token within the Bitcoin ecosystem.
Purpose and Utility
The primary stated purpose of Dovi is to serve as a tradeable digital asset on the Bitcoin network through the Ordinals protocol. It does not claim any specific utility beyond being a transferable digital asset.
Business Model and Implementation
The token operates purely as a tradeable digital asset on Bitcoin's Ordinals protocol. There is no lending, staking, or interest-bearing component to its operation.
Development Activity
The project appears to be in its early stages with limited development activity beyond the initial token creation and distribution mechanism.
Token Distribution
The token distribution information and specific allocation details are not publicly available, making it difficult to assess the concentration of ownership.
Marketing and Development
The project appears to focus primarily on community building and trading activity rather than technical development, which is consistent with its stated purpose as a meme token.
Crypto Impact
To assign a comfort level investing in Dovi(Ordinals) 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 Dovi(Ordinals).
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.