Skibidi Toilet
Crypto Overview
Overview
Skibidi Toilet (SKBDI) is a meme cryptocurrency launched in 2024, inspired by a viral TikTok trend and YouTube series featuring animated toilet characters. The project appears to be primarily community-driven and meme-focused.
Purpose and Utility
The stated purpose of SKBDI is to serve as a community token for fans of the Skibidi Toilet content series. The token currently functions as a tradeable digital asset on decentralized exchanges.
Business Model
The project operates primarily as a community-driven meme token. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content. The token's trading and ownership mechanisms are transparent through blockchain technology.
Real-World Adoption
The token has gained traction primarily within the meme cryptocurrency community. Trading occurs mainly on decentralized exchanges, with actual ownership of tokens transferring between parties.
Platform Development
Development activity appears minimal, focusing mainly on community engagement and social media presence rather than technical development.
Token Distribution
The token distribution appears to follow standard fair launch practices, with no evidence of excessive founder allocation or concerning vesting schedules that would indicate a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Skibidi Toilet 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 Skibidi Toilet.
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.