Insane Labz

Halal Rating :
Questionable
Last Price $0.026 Last updated:
Rank 1961
1D Change 18.46 %
Market Cap $1.27m
Circulating supply 49,714,874
Maximum supply 100,000,000

Crypto Overview

Categories
  • Retail
  • Solana Ecosystem

Due to the extremely limited availability of verifiable information about the Insane Labz (LABZ) cryptocurrency project, a comprehensive analysis of its utility and Sharia compliance presents significant challenges.

After thorough research, we were unable to locate reliable information about the project's stated purpose, business model, technical documentation, development team, or current use cases. The lack of a verifiable official website, whitepaper, or transparent documentation raises concerns about the project's legitimacy and purpose.

The absence of clear information about token distribution, vesting schedules, and development roadmap makes it impossible to properly evaluate the project's alignment with Islamic financial principles.

Crypto Impact

To assign a comfort level investing in Insane Labz 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 Insane Labz.

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.