mimi
Crypto Overview
Overview
MIMI is a memecoin launched in December 2023 on the Base network, associated with the Milady NFT collection. The token's primary stated purpose is to serve as a community token for the Milady NFT ecosystem.
Purpose and Utility
The token functions primarily as a community engagement tool and trading asset. It doesn't claim significant technical utility beyond being a tradeable asset and potential governance token for future ecosystem developments.
Business Model and Operations
MIMI operates as a standard ERC-20 token on the Base network. The project maintains transparency regarding its nature as a memecoin, with no misleading claims about complex utility. Trading is the primary activity, conducted through decentralized exchanges where actual asset ownership is transferred.
Development and Adoption
The project has seen significant trading volume and community engagement since its launch. While development activity is limited, this aligns with its stated purpose as a memecoin. The token contract is verified and follows standard security practices.
Token Distribution
The token launched with a fair distribution model without pre-mine or team allocation. The supply is fixed, and tokens were distributed through market making and liquidity provision on decentralized exchanges.
Crypto Impact
To assign a comfort level investing in mimi 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 mimi.
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.