Space Hamster
Crypto Overview
Purpose and Utility
Space Hamster is a meme-based cryptocurrency on the Binance Smart Chain (BSC). The project's stated purpose is to create a community-driven token that combines meme appeal with gaming utility through NFTs and a planned play-to-earn game ecosystem.
Business Model Assessment
The token operates primarily as a speculative trading asset with planned gaming utility. The core business model involves creating value through community engagement and development of gaming features. There are no inherent interest-bearing mechanisms or gambling elements in the base token structure.
Real-World Adoption
Current usage is primarily focused on trading. While the project has outlined plans for gaming utility, these features are still in development. The token has achieved listing on several decentralized exchanges (DEXs) on the BSC network.
Development Activity
The project maintains basic social media presence and community engagement. Development activity appears limited, with most updates focused on community building and marketing rather than technical development.
Token Distribution and Governance
The token features a fairly standard distribution model for BSC tokens, with initial liquidity locked. Specific details about founder allocations and vesting schedules are not publicly available.
Technology Analysis
The token operates as a standard BEP-20 token on the Binance Smart Chain. No lending or interest-bearing mechanisms are built into the token's smart contract.
Crypto Impact
To assign a comfort level investing in Space Hamster 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 Space Hamster.
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.