Pawthereum
Crypto Overview
Project Overview
Pawthereum is a cryptocurrency project built on the Ethereum blockchain that aims to help animal shelters and other animal welfare organizations through charitable donations. The project implements a 'charity wallet' that automatically receives 1% of each transaction, which is then donated to animal welfare causes.
Purpose and Utility
The primary utility of PAWTH is as a mechanism for charitable giving to animal welfare causes. The project has documented donations to various animal shelters and organizations, with over $500,000 donated since its inception. Each transaction automatically contributes to the charity wallet through smart contracts.
Business Model Analysis
The business model is centered around creating a sustainable way to generate charitable donations through cryptocurrency transactions. The model involves transparent smart contracts that automatically allocate portions of transactions to charity, operations, and liquidity. This aligns with Islamic principles of charitable giving (sadaqah) and transparency.
Real-World Adoption
The project has demonstrated real-world impact through verifiable donations to animal welfare organizations. While trading volume and holder count fluctuate, the charitable giving aspect remains consistently active.
Development Activity
The project maintains active development, with regular updates to their smart contracts and platform. The team regularly communicates updates and donation activities through social media and their official channels.
Token Distribution
Initial token distribution included fair launch mechanics with no pre-sale. Team tokens are vested over time, showing commitment to long-term development. The project implements anti-whale mechanics to prevent large holders from manipulating the market.
Crypto Impact
To assign a comfort level investing in Pawthereum 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 Pawthereum.
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.