shoki
Crypto Overview
Project Overview
Shoki (SOK) is a meme cryptocurrency launched on the Solana blockchain in January 2024. The project presents itself as a community-driven token inspired by Japanese mythology, specifically the Shoki demon hunter.
Utility Assessment
The primary stated purpose of Shoki is to serve as a community token with basic transfer and trading functionalities. The project does not claim any complex technological features or advanced utility beyond serving as a tradeable digital asset.
Business Model Analysis
The token operates as a standard Solana-based cryptocurrency with transparent token transfers and trades. There are no lending protocols, gambling features, or interest-bearing mechanisms built into the token's smart contract.
Development and Adoption
The project maintains a basic website and social media presence. The token is listed on decentralized exchanges on the Solana network, where it primarily sees trading activity. There is limited but ongoing community engagement through social channels.
Token Distribution
Based on available data, the token launched with a fair distribution model where tokens were made available through decentralized exchanges. No pre-mine or team allocation information has been publicly disclosed.
Crypto Impact
To assign a comfort level investing in shoki 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 shoki.
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.