Sol Bastard
Crypto Overview
Purpose and Utility
Sol Bastard (SOBA) is a meme token launched on the Solana blockchain. While initially created as a community-driven meme token, it has evolved to include various utilities including staking features and access to exclusive NFT collections.
Business Model Analysis
The project operates primarily as a community-driven token with basic tokenomics and staking mechanisms. The token does not explicitly involve any prohibited activities like gambling, interest-based lending, or adult content.
Real-World Adoption
Current adoption is primarily focused on trading and staking activities within the Solana ecosystem. The token has gained traction among Solana community members and maintains active trading volume on decentralized exchanges.
Development Activity
The project maintains basic development activity focused on maintaining staking contracts and community engagement features. The team regularly updates the community through social media channels and maintains the core functionalities of the token.
Token Distribution
The token features a transparent distribution model with clear allocations for community rewards, development, and team tokens. Specific vesting schedules are in place for team allocations to prevent large-scale immediate selling.
Crypto Impact
To assign a comfort level investing in Sol Bastard 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 Sol Bastard.
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.