Matt Furie
Crypto Overview
Overview
MATT is a cryptocurrency created in honor of Matt Furie, the original creator of the Pepe meme. The token was launched on the Bitcoin network as a BRC-20 token in May 2023.
Purpose and Utility
The stated purpose of MATT is to serve as a decentralized digital asset that pays homage to Matt Furie and the Pepe meme culture. The token enables direct ownership of a cryptocurrency associated with the creator of one of the most recognizable memes in internet history.
Business Model & Implementation
MATT operates as a BRC-20 token on Bitcoin, allowing for peer-to-peer transfers and trading. The token does not involve any lending, interest-bearing mechanisms, or gambling features. The primary utility is ownership and transfer of the token itself.
Development Activity & Adoption
The token maintains basic functionality as a BRC-20 token with active trading on various decentralized exchanges. There is no complex development roadmap or additional features beyond serving as a transferable digital asset.
Token Distribution
MATT was launched with a fair distribution model where tokens were made available to the public through open minting. There was no pre-mine or team allocation, suggesting a fair launch approach.
Ecosystem Activity
The primary activity in the MATT ecosystem revolves around trading and holding the token. The project maintains transparency regarding its simple purpose and implementation.
Crypto Impact
To assign a comfort level investing in Matt Furie 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 Matt Furie.
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.