Make America Drill Again
Crypto Overview
Purpose and Utility
Make America Drill Again (MADA) is a cryptocurrency created to promote and support American energy independence, particularly in the oil and gas sector. The token aims to create a community of supporters for domestic energy production.
Business Model Analysis
The project operates as a standard ERC-20 token on the Ethereum blockchain. The token serves primarily as a medium of exchange and community token. There are no lending, gambling, or interest-bearing components in its core functionality.
Real-World Adoption
The token has gained some traction within the energy advocacy community, though exact usage metrics are limited. The primary activity involves trading on decentralized exchanges.
Development Activity
The project maintains basic token functionality without complex smart contract features. Development activity appears focused on community building and marketing rather than technical innovation.
Token Distribution
The token employs a fair launch model with no pre-mine for developers. Liquidity is locked, providing basic protections against rug pulls. The team's identity is public, adding a layer of accountability.
Crypto Impact
To assign a comfort level investing in Make America Drill Again 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 Make America Drill Again.
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.