Maga Pepe
Crypto Overview
Overview
MAPE (Maga Pepe) is a meme cryptocurrency launched in May 2023 on the Ethereum blockchain, combining elements of political messaging with meme culture.
Purpose and Utility
The token's primary stated purpose is to serve as a community-driven meme token celebrating both the Pepe meme and political themes. The actual usage aligns with this intended purpose, functioning primarily as a tradeable digital asset and community token.
Business Model and Platform
The token operates as a standard ERC-20 token on the Ethereum blockchain, with functionality primarily focused on transfer and trading capabilities. There is no lending, staking, or interest-bearing components in its core functionality.
Development and Adoption
The project maintains basic token functionality without complex smart contract features. Trading occurs primarily on decentralized exchanges like Uniswap.
Token Distribution
The token was launched with a fair launch model, with no pre-mine or team allocation. Liquidity was added to decentralized exchanges, allowing for market-driven price discovery.
Crypto Impact
To assign a comfort level investing in Maga Pepe 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 Maga Pepe.
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.