MOE
Crypto Overview
Overview
MOE is a memecoin launched in January 2024 on the Ethereum blockchain that features a Pepe-like character design.
Purpose and Utility
The project positions itself primarily as a community-driven memecoin. It has no explicitly stated utility beyond being a tradeable digital asset and fostering community engagement.
Business Model and Operations
MOE operates as a basic ERC-20 token with no complex mechanisms. The project relies heavily on community engagement and social media presence. There are no lending, staking, or gambling mechanisms built into the token's smart contract.
Token Distribution
MOE launched with a fair distribution model, with no pre-mine or team allocation. 100% of the tokens were made available to the public at launch. The token contract is renounced, meaning the developers cannot modify the contract after launch.
Development and Community
The project maintains active social media presence, particularly on X (formerly Twitter). While development activity is minimal, this is consistent with the project's nature as a simple ERC-20 token.
Actual Usage
The primary use of MOE is as a tradeable digital asset on various decentralized exchanges. Trading volumes and holder numbers indicate active market participation.
Crypto Impact
To assign a comfort level investing in MOE 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 MOE.
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.