Primate
Crypto Overview
Project Overview
Primate is a cryptocurrency token launched on the BNB Chain. The project claims to be a meme token that aims to create a community around primate-themed content and NFTs.
Utility Analysis
The token's primary utility appears to be as a community token with basic tokenomics features including:
- Trading on decentralized exchanges
- Community governance potential
- Possible NFT integrations (not yet implemented)
Business Model Assessment
The project operates as a standard BEP-20 token with no lending, staking, or interest-bearing mechanisms. The primary activity is token trading and community building.
Development and Adoption
The project shows limited development activity and is primarily focused on community building through social media. No significant technological developments or partnerships have been observed.
Token Distribution
Token distribution information is publicly available through blockchain explorers, showing a relatively decentralized holder base. No concerning concentration of tokens in founder wallets has been identified.
Crypto Impact
To assign a comfort level investing in Primate 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 Primate.
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.