KittenWifHat
Crypto Overview
Project Overview
KittenWifHat (KITTENWIF) is a meme cryptocurrency launched in late 2023 on the Solana blockchain. The project features a cartoon kitten wearing a hat as its mascot and gained significant attention on social media platforms.
Purpose and Utility
The project presents itself primarily as a community-driven meme token without complex technical utility claims. The token serves as a tradeable digital asset on decentralized exchanges, with ownership conferring membership in the KittenWifHat community.
Business Model and Operations
The project operates as a standard fungible token on Solana, allowing for peer-to-peer transfers and trading. There is no lending, staking, or gambling functionality built into the token's smart contract.
Development and Community Activity
While the project maintains active social media presence, technical development is minimal as expected for a meme token. The community primarily engages through social media platforms and trading activities.
Token Distribution
The token launched with a fair distribution model, with no pre-mine or team allocation. Trading is active across various decentralized exchanges on Solana.
Evaluation of Activities
The project does not engage in any explicitly prohibited activities under Islamic law. There is no lending, gambling, or adult content associated with the token. All transactions involve actual transfer of token ownership.
Crypto Impact
To assign a comfort level investing in KittenWifHat 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 KittenWifHat.
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.