Pakcoin
Crypto Overview
Overview
Pakcoin (PAK) was launched in 2016 as a cryptocurrency aimed at providing a digital payment solution specifically for Pakistan. The project appears to be inactive with no significant development or community engagement in recent years.
Purpose and Utility
The stated purpose of Pakcoin was to serve as a medium of exchange and payment system within Pakistan. However, there is currently no evidence of meaningful adoption or active use cases.
Business Model and Development
The project's development appears to have stalled, with no recent updates to its infrastructure or ecosystem. The original website is no longer accessible, and there is minimal to no recent trading activity on exchanges.
Token Distribution
Information about the token distribution model and current holdings is not readily available due to the project's inactive status.
Platform Activity
There is no observable development activity or community engagement. The project's social media channels and official communication channels appear to be dormant.
Crypto Impact
To assign a comfort level investing in Pakcoin 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 Pakcoin.
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.