Hasbulla's Cat
Crypto Overview
Overview
Hasbulla's Cat (BARSIK) is a meme cryptocurrency launched in 2024 inspired by social media personality Hasbulla Magomedov and his cat. The project markets itself as a community-driven token on the BNB Smart Chain.
Purpose and Utility
The stated purpose is primarily as a meme token celebrating Hasbulla's cat, with no specific utility beyond trading and community participation. The token does not claim any technological innovations or specific use cases.
Business Model Analysis
The token operates as a simple BSC token with basic tokenomics including: buy/sell taxes that fund marketing and development, automatic liquidity generation, and token burning mechanics. There are no lending, staking, or gambling mechanisms built into the smart contract.
Real World Adoption
Current usage is primarily centered around trading on decentralized exchanges. The project maintains active social media channels and community engagement, though utility remains limited to trading.
Development Activity
The project appears to focus mainly on marketing and community building rather than technical development, which is consistent with its positioning as a meme token. The smart contract is a standard BEP-20 implementation with basic tokenomics features.
Token Distribution
Initial token distribution and vesting details are publicly available through the smart contract. A portion of tokens was allocated to the team, with the majority distributed through public sales and liquidity provision.
Crypto Impact
To assign a comfort level investing in Hasbulla's 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 Hasbulla's Cat.
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