Kabosu
Crypto Overview
Overview
Kabosu ($KABOSU) is a meme cryptocurrency launched in May 2023 on the Ethereum blockchain, named after the famous Shiba Inu dog that inspired the 'Doge' meme. The token is designed primarily as a community-driven meme token.
Purpose and Utility
The primary stated purpose of Kabosu is to serve as a meme token that brings together a community of cryptocurrency enthusiasts. The token doesn't claim to have complex technological utility beyond serving as a tradeable digital asset and fostering community engagement.
Business Model and Implementation
The token operates on the Ethereum blockchain as an ERC-20 token. The project focuses heavily on community building and social media presence. There are no lending, staking, or interest-bearing mechanisms integrated into the token's smart contract.
Development and Community Activity
The project maintains active social media channels and community engagement. The development activity is limited, which is consistent with its purpose as a meme token. The smart contract has been audited and doesn't contain mechanisms for gambling or interest-based transactions.
Token Distribution
The token has a maximum supply of 100 trillion tokens. The contract shows no unusual concentration of tokens in founder wallets, and there is no evidence of predatory vesting schedules or concerning token distribution patterns.
Crypto Impact
To assign a comfort level investing in Kabosu 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 Kabosu.
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.