MrBeast
Crypto Overview
Overview
The MrBeast token (BEAST) is a cryptocurrency launched in late 2023, inspired by the popular YouTuber MrBeast, though it appears to have no official affiliation with him. It's important to note that this is a community-created token on the Ethereum blockchain.
Purpose and Utility
The token claims to be a community-driven project that aims to build a ecosystem around MrBeast's fanbase. However, at present, there is no clear utility beyond trading. The token does not appear to have any specific technological features or use cases that differentiate it from other ERC-20 tokens.
Business Model
The project currently operates primarily as a tradeable token without any clear business model or revenue generation mechanism. There are no documented partnerships, development roadmap, or concrete plans for utility implementation.
Development Activity
There is minimal visible development activity. The project appears to rely heavily on social media marketing and community engagement rather than technical development.
Token Distribution
The token distribution metrics and vesting schedules are not publicly documented, which limits transparency. However, the mere existence of the token enables actual ownership transfer between parties, which is a legitimate form of trade from an Islamic perspective.
Crypto Impact
To assign a comfort level investing in MrBeast 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 MrBeast.
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.