Shrek ERC
Crypto Overview
Overview
Shrek ERC is a meme cryptocurrency launched on the Ethereum blockchain in 2024. The token appears to be community-driven and themed around the popular Shrek movie character.
Purpose and Utility
The primary stated purpose of Shrek ERC is to create a community-driven token celebrating the Shrek theme. The token currently functions as a tradeable digital asset on decentralized exchanges.
Business Model
The project operates as a basic ERC-20 token with simple transfer and trading functionality. There are no lending, gambling, or interest-bearing components identified in the token's smart contract or ecosystem.
Real-World Adoption
The token is primarily traded on decentralized exchanges. No significant real-world partnerships or applications have been identified beyond trading activity.
Platform Development
The project appears to maintain minimal development activity, focused on maintaining basic token functionality.
Token Distribution
The token distribution and early holder patterns appear typical for a meme token launch, with no concerning concentration patterns identified in blockchain analysis.
Crypto Impact
To assign a comfort level investing in Shrek ERC 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 Shrek ERC.
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.