Mad Bears Club
Crypto Overview
Project Overview
Mad Bears Club (MBC) is a community-driven cryptocurrency project that launched as a meme token on the BNB Chain (formerly BSC). The project presents itself as a decentralized ecosystem focused on community engagement and NFT integration.
Purpose and Utility
The stated purpose of MBC is to serve as a governance and utility token within its ecosystem. The project claims to offer NFT staking capabilities and community voting rights. However, current usage appears to be primarily focused on trading activities.
Business Model Analysis
The project's business model centers around creating value through community engagement and NFT integration. There is no evidence of involvement in prohibited activities such as gambling, interest-based lending, or adult content.
Development and Platform Activity
The project shows some development activity, primarily focused on community building and maintaining their trading presence on decentralized exchanges. The team maintains regular communication through social media channels.
Token Distribution and Founder Analysis
Information about token distribution and vesting schedules is publicly available through blockchain explorers. The project implements anti-whale measures to prevent large holders from manipulating the market.
Crypto Impact
To assign a comfort level investing in Mad Bears Club 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 Mad Bears Club.
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.