Law Of Attraction
Crypto Overview
Purpose and Utility
The Law Of Attraction (LOA) token appears to be a meme cryptocurrency that launched in 2024. The project claims to be inspired by the concept of manifestation and positive thinking. Based on available information, LOA operates on the Ethereum blockchain as an ERC-20 token.
Business Model Assessment
The token primarily functions as a tradeable digital asset with no clear utility beyond trading and community participation. While the project's marketing materials reference manifestation and positive thinking, there are no concrete technological applications or use cases currently implemented.
Real-World Adoption
As a newly launched token, adoption is currently limited to trading on decentralized exchanges. There is no evidence of significant real-world applications or partnerships at this time.
Platform Development
Development activity appears minimal, with the focus primarily on community building and marketing efforts. The project maintains social media presence but has limited technical development.
Token Distribution and Founder Analysis
Details about token distribution and founder allocations are not readily available in public documentation. The project's team appears to be pseudonymous, which is common in the cryptocurrency space but makes background verification challenging.
Crypto Impact
To assign a comfort level investing in Law Of Attraction 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 Law Of Attraction.
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.