Fuck Pepe

Purpose and Utility

FKPEPE was created in May 2023 as a meme cryptocurrency positioned as a rival to the PEPE token. The project presents itself as a community-driven token that aims to unite cryptocurrency enthusiasts who oppose the original PEPE token.

Business Model Evaluation

The token operates on the Ethereum blockchain as an ERC-20 token. Its primary function is serving as a tradeable digital asset, with no lending, staking, or interest-bearing components. The project doesn't facilitate any activities that would be considered haram from an Islamic perspective.

Token Distribution and Development

The token has a total supply of 420.69 trillion tokens. Initial liquidity was provided and locked, with ownership renounced, reducing the risk of developer manipulation. The project follows a fair launch model where tokens were made available to all participants equally.

Real-World Usage

The token primarily functions as a tradeable digital asset on decentralized exchanges. While its utility is limited to trading, this doesn't inherently affect its Sharia compliance since actual asset ownership and transfer occur with each transaction.

Platform Development

The project maintains basic social media presence and community engagement, though development activity is minimal. This is consistent with its nature as a meme token rather than a technical protocol.