OGLONG
Crypto Overview
Overview
OGLONG (OGLG) is a new meme cryptocurrency launched on the Ethereum blockchain that pays homage to the original meme coin culture. It aims to bring together elements of nostalgia and modern crypto community building.
Purpose & Utility
The primary stated purpose of OGLONG is to serve as a community-driven token that celebrates the early days of meme coins while incorporating modern tokenomics and community governance features. The token currently functions primarily as a tradeable digital asset on decentralized exchanges.
Business Model & Operations
The project operates as a standard ERC-20 token with basic transfer and ownership functionalities. The token can be traded on decentralized exchanges, with ownership rights clearly established through smart contracts. No lending or interest-bearing mechanisms are present in the token's design.
Development & Adoption
The project is in its early stages with basic smart contract functionality. While primarily used for trading, this represents a legitimate transfer of ownership of digital assets between willing parties.
Token Distribution
The token follows a standard distribution model with liquidity locked in decentralized exchanges. While exact founder allocation details are not publicly available, the token's smart contract shows no unusual concentration of holdings that would indicate a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in OGLONG 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 OGLONG.
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.