Hamster
Crypto Overview
Project Overview
Hamster Token (HAM) appears to be a meme cryptocurrency launched in 2021 on the Binance Smart Chain network. The project presents itself as a community-driven token inspired by hamsters, following the trend of animal-themed cryptocurrencies.
Intended Utility Analysis
The stated purpose of HAM token is primarily as a speculative digital asset with no clear utility beyond trading. The project's documentation does not outline any substantial technological innovation or real-world use cases.
Actual Utility Assessment
On-chain analysis reveals minimal genuine trading activity and limited holder distribution. There is no evidence of significant development activity or meaningful partnerships that would indicate progress toward creating real utility.
Founder and Token Distribution Analysis
Information about the project's founders is not publicly available, raising transparency concerns. Token distribution metrics show concentrated holdings among a small number of addresses, suggesting potential manipulation risks.
Technical Implementation
The token operates as a basic BEP-20 smart contract on Binance Smart Chain with standard transfer and trading functionality. No innovative technical features or meaningful development updates have been observed.
Crypto Impact
To assign a comfort level investing in Hamster 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 Hamster.
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.