Rake Coin
Crypto Overview
Overview
After thorough research, I was unable to find any legitimate cryptocurrency project named Rake Coin with the ticker RAKE. While there may be tokens using this name on various blockchains, I could not verify any established project with this specific name and ticker having a clear utility, purpose, or legitimate development team.
Research Methodology
The search included major cryptocurrency exchanges, blockchain explorers, cryptocurrency data aggregators, developer platforms like GitHub, and social media channels. No verifiable information about a project named Rake Coin was found.
Crypto Impact
To assign a comfort level investing in Rake Coin 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 Rake Coin.
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.