NEXT GEN PEPE
Crypto Overview
Overview
PEPE is a meme cryptocurrency launched in April 2023 on the Ethereum blockchain. The token was created as a tribute to the Pepe the Frog meme and gained significant attention in the cryptocurrency community.
Purpose and Utility
The token was created primarily as a community-driven meme token without any explicit utility beyond serving as a tradeable digital asset. There is no whitepaper or formal documentation outlining specific use cases or technological innovations.
Business Model
PEPE operates as a simple ERC-20 token with no complex mechanisms. The token can be freely traded on various cryptocurrency exchanges. There are no staking, lending, or gambling mechanisms built into the protocol itself.
Development and Platform Activity
The project has minimal technical development as it functions as a basic ERC-20 token. There is no roadmap or significant development activity beyond community engagement and marketing efforts.
Token Distribution
The initial token distribution included no team allocation, with tokens distributed through fair launch mechanisms. No pre-sale was conducted, and tokens were made available to the public immediately upon launch.
Current Usage
The primary use of PEPE is as a tradeable digital asset on various cryptocurrency exchanges. While initially created as a meme token, it has gained significant trading volume and market presence.
Crypto Impact
To assign a comfort level investing in NEXT GEN PEPE 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 NEXT GEN PEPE.
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.