Hachi On Base
Crypto Overview
Project Overview
Hachi is a meme token launched on the Base network, inspired by the Japanese dog breed Shiba Inu. The project positions itself as a community-driven token that aims to bring fun and engagement to the Base ecosystem.
Purpose and Utility
The primary stated purpose is to serve as a community token on the Base network. Currently, the token is primarily used for trading and community engagement through social media platforms.
Business Model
The project operates as a standard ERC-20 token on the Base network. There are no lending, staking, or interest-bearing components in the core protocol. The token can be freely traded on decentralized exchanges.
Real-World Adoption
The token has gained traction within the Base ecosystem's trading community. Trading volumes and holder numbers indicate active participation, though primarily for trading purposes rather than extensive utility functions.
Platform Development
The project maintains basic token functionality without complex smart contract interactions. Development activity appears focused on community building and marketing rather than technical development.
Token Distribution
Token distribution information indicates no unusual concentration of tokens among founders or early investors. The token launch appeared to be fair, with no pre-mine or founder allocation.
Crypto Impact
To assign a comfort level investing in Hachi On Base 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 Hachi On Base.
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.