pepewifhat
Crypto Overview
Overview
PepeWifHat (PIF) is a meme cryptocurrency launched in 2024 on the Ethereum blockchain. The token appears to be themed around the Pepe meme character wearing a hat, joining the broader ecosystem of Pepe-themed tokens.
Purpose and Utility
The token's primary stated purpose is to serve as a meme-based community token. Like many meme tokens, its utility primarily revolves around community engagement and trading.
Business Model
The token operates as a standard ERC-20 token on Ethereum, enabling peer-to-peer transfers and trading. There are no apparent mechanisms involving interest, gambling, or other prohibited activities in its core functionality.
Development and Platform Activity
The project appears to be community-driven with minimal formal development structure. The main activity centers around trading and community engagement through social media platforms.
Token Distribution
Based on available blockchain data, the token appears to have a relatively decentralized distribution pattern, though specific details about initial distribution and founder allocations are limited.
Additional Considerations
The token's core functionality involves straightforward transfer and ownership of digital assets, without any apparent integration with prohibited industries or activities.
Crypto Impact
To assign a comfort level investing in pepewifhat 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 pepewifhat.
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.