Hachiko
Crypto Overview
Purpose and Utility
Hachiko (HACHI) is a meme cryptocurrency launched on the Ethereum blockchain, inspired by the story of the loyal Japanese Akita dog. Its primary stated purpose is to create a community-driven token that emphasizes loyalty and long-term holding.
Business Model and Operations
The project operates primarily as a community token with basic tokenomics. It includes no lending, staking, or interest-bearing mechanisms. The token serves as a straightforward medium of exchange and store of value, with no complex DeFi features that could raise Islamic finance concerns.
Real-World Adoption
HACHI has gained significant traction in the cryptocurrency market since its launch, primarily driven by community engagement and social media presence. The token is actively traded on several decentralized exchanges (DEXs) and has attracted a substantial holder base.
Development Activity
The project maintains a simple infrastructure without complex smart contracts or additional features beyond basic ERC-20 functionality. While development activity is minimal, this aligns with its straightforward purpose as a community-driven meme token.
Token Distribution
Initial token distribution included no pre-sale or private allocation to team members. The launch was conducted through decentralized exchanges with liquidity provided by the community. A portion of tokens was burned at launch to reduce total supply.
Crypto Impact
To assign a comfort level investing in Hachiko 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 Hachiko.
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.