BilliCat
Crypto Overview
Overview
BilliCat (BCAT) is a meme cryptocurrency launched on the Binance Smart Chain that draws inspiration from cats and aims to create a community-driven token. The project appears to have limited documentation available and primarily functions as a speculative trading asset.
Purpose and Utility
The stated purpose of BilliCat is to serve as a meme token that brings together cryptocurrency enthusiasts and cat lovers. The actual current use appears to be primarily as a trading asset on decentralized exchanges.
Business Model and Development
The project appears to have minimal technical development beyond the basic BEP-20 token contract. There is no clear evidence of additional utility features or development activity.
Token Distribution
Specific details about token distribution and founder allocations are not readily available in public documentation. The token appears to be freely traded on decentralized exchanges.
Platform Activity
The primary activity appears to be trading on decentralized exchanges. There is no evidence of gambling mechanics, lending protocols, or other potentially problematic features from a Shariah perspective.
Crypto Impact
To assign a comfort level investing in BilliCat 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 BilliCat.
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.