Gnome
Crypto Overview
Overview
GNOME is a community meme token launched on the Solana blockchain in early 2024. The project appears to be inspired by garden gnome imagery and culture.
Purpose and Utility
The token was created primarily as a community-driven meme coin without any explicitly stated utility beyond serving as a tradeable digital asset on Solana. There are no clear technological innovations or specific use cases outlined in the project's communications.
Business Model and Activities
The project functions as a simple fungible token that can be traded on decentralized exchanges. There is no evidence of involvement in any prohibited activities such as gambling, interest-based lending, or adult content. The token appears to operate purely as a tradeable digital asset.
Development and Adoption
The project has minimal technical development activity, as would be expected for a meme token. The primary activity centers around community engagement and trading on decentralized exchanges.
Token Distribution
While detailed information about the initial token distribution is limited, there are no clear red flags regarding excessive founder allocations or concerning vesting schedules that would indicate a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Gnome 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 Gnome.
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.