moonwolf.io
Crypto Overview
Overview
Moonwolf.io (WOLF) is a meme token launched on the Polygon network in 2021. The project was created as a community-driven deflationary token with a focus on NFTs and gaming elements.
Purpose and Utility
The primary stated purpose of WOLF is to serve as a governance and utility token within its ecosystem. The token implements a deflationary mechanism where 1% of each transaction is burned. Initially, the project aimed to develop NFT collections and blockchain games.
Current Status
As of 2023, the project appears to have minimal development activity and limited community engagement. The official website is no longer active, and social media channels show little to no recent updates.
Token Distribution
Initial token distribution information is unclear from available sources. The project launched with no pre-sale, claiming a 'fair launch' approach. However, detailed vesting schedules and founder allocations are not publicly available.
Development and Marketing
There is no evidence of ongoing development. The project's initial marketing focused heavily on meme aspects and community building, but current marketing efforts appear non-existent.
Real World Usage
Current usage appears to be limited primarily to trading on decentralized exchanges. The intended NFT and gaming utilities were not fully realized.
Crypto Impact
To assign a comfort level investing in moonwolf.io 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 moonwolf.io.
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.