Giko Cat
Crypto Overview
Overview
Giko Cat (GIKO) is a memecoin launched on the Arbitrum network in January 2024, inspired by the 'gm' (good morning) culture in crypto communities and cat-themed tokens.
Purpose and Utility
The token's primary stated purpose is to serve as a community-driven memecoin, with no explicit utility beyond trading and community engagement. The project focuses on social media presence and community building.
Business Model and Development
The project operates primarily as a community-driven token with fair launch claims. There is no formal business structure or development roadmap. The project maintains active social media presence, particularly on X (formerly Twitter).
Token Distribution
The token had a fair launch with no pre-sale or team allocation. 95.5% of tokens were sent to the liquidity pool, with 4.5% burned at launch. The liquidity is locked.
Real World Adoption
Current usage is primarily focused on trading on decentralized exchanges on the Arbitrum network. The token has gained significant trading volume and community following since its launch.
Development Activity
As a memecoin, there is limited technical development beyond the initial token contract deployment. The main activity centers around community engagement and marketing efforts.
Crypto Impact
To assign a comfort level investing in Giko Cat 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 Giko Cat.
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.