ShibaKeanu
Crypto Overview
Overview
ShibaKeanu is a meme cryptocurrency created in 2023, combining themes from Shiba Inu and Keanu Reeves. The token operates on the Ethereum blockchain as an ERC-20 token.
Purpose and Utility
The stated purpose of ShibaKeanu is to serve as a community-driven meme token for trading and potential appreciation. The project does not claim any specific technological utility beyond being a transferable digital asset.
Business Model Analysis
The token functions primarily as a speculative trading asset. There are no lending, staking, or interest-bearing mechanisms involved. The project does not engage in or facilitate any explicitly haram activities.
Real-World Adoption
Trading occurs primarily on decentralized exchanges like Uniswap. The token transfer activity indicates regular trading volume among holders.
Token Distribution
The initial token distribution allocated 60% to public trading liquidity, 20% to marketing wallet (locked for 6 months), and 20% to development team (locked for 12 months). Smart contract shows these vesting periods are being honored.
Development Activity
The project maintains basic social media presence and community engagement. No significant technical development is ongoing as the token operates on standard ERC-20 infrastructure.
Crypto Impact
To assign a comfort level investing in ShibaKeanu 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 ShibaKeanu.
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.