Shih Tzu
Crypto Overview
Project Overview
Shih Tzu (SHIH) is a meme cryptocurrency launched on the Ethereum blockchain in 2021. It was created as a community-driven project that aims to combine the popular appeal of dog-themed cryptocurrencies with charitable initiatives focused on animal welfare.
Purpose and Utility
The stated purpose of SHIH is to serve as a medium of exchange within its community while supporting animal welfare causes. The project claims to allocate a portion of transaction fees to animal shelters and rescue organizations, though verification of these charitable activities has been limited.
Business Model and Operations
The token operates on a simple transfer and trading model, with no lending, staking, or gambling mechanics built into its smart contract. The primary activity involves direct peer-to-peer token transfers and trading on decentralized exchanges.
Real-World Adoption
Current usage primarily centers around trading activity on decentralized exchanges. While the project's charitable mission is frequently highlighted in marketing materials, documented evidence of substantial charitable contributions has been minimal.
Development Activity
The project maintains basic token functionality but shows limited technical development beyond its initial launch. The development team maintains a low profile, with occasional social media updates primarily focused on community engagement.
Token Distribution
The initial token distribution included a fair launch mechanism, with no pre-sale or team allocation. This approach aligns with principles of equitable distribution, though detailed blockchain analysis of current holder distribution is recommended for potential investors.
Crypto Impact
To assign a comfort level investing in Shih Tzu 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 Shih Tzu.
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.
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