Fat Cat Killer
Crypto Overview
Overview
Fat Cat Killer (KUSDC) is a cryptocurrency project launched on the Solana blockchain. The project's stated purpose is to create a community-driven token that aims to democratize crypto trading and reduce the influence of large holders ('fat cats') through various tokenomics mechanisms.
Utility Assessment
The primary utility of KUSDC comes from its role as a tradeable digital asset on the Solana blockchain. The token implements a fee structure on transactions that redistributes a portion of trades to existing holders. While the project's marketing emphasizes 'fighting against whales,' the core function remains as a tradeable digital asset with ownership rights.
Business Model
The project operates through smart contracts on Solana, facilitating token transfers and implementing its redistribution mechanism. The business model is transparent and does not involve inherently prohibited activities like gambling, interest-bearing lending, or adult content.
Development and Adoption
The project shows ongoing development activity, primarily focused on community building and exchange listings. While utility is currently limited primarily to trading, this does not affect its halal status as actual asset ownership and transfer occurs with each transaction.
Token Distribution
The token's distribution includes allocations for liquidity pools and community rewards. While detailed vesting information is limited, the core mechanism involves actual asset ownership and transfer rather than zero-sum gambling activities.
Crypto Impact
To assign a comfort level investing in Fat Cat Killer 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 Fat Cat Killer.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
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