FLOKI X
Crypto Overview
Purpose & Utility
FLOKI X was created in 2024 as a community-driven meme token on the Ethereum blockchain. Its stated purpose is to serve as a decentralized cryptocurrency that combines meme culture with legitimate utility through planned features like staking and NFT integration.
Business Model & Development
The project appears to be in very early stages, with limited documentation available about specific technical features or roadmap. The token's primary current use case is trading on decentralized exchanges.
Token Distribution & Governance
Information about token distribution and team token lockups is not publicly available. The token operates on a tax model where a percentage of each transaction is distributed for marketing and development.
Real World Adoption
As a newly launched token, adoption is currently limited primarily to trading activity on decentralized exchanges. No significant partnerships or integrations have been announced yet.
Development Activity
The project is in its initial phases with limited verifiable development activity. The focus appears to be on community building and marketing rather than technical development at this stage.
Crypto Impact
To assign a comfort level investing in FLOKI X 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 FLOKI X.
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.