Steamboat Willie
Crypto Overview
Overview
Steamboat Willie (MICKEY) is a meme cryptocurrency launched in January 2024 following Disney's Steamboat Willie entering public domain. The token gained significant attention due to its connection to the iconic Mickey Mouse character from the 1928 film.
Purpose and Utility
The token appears to have been created primarily as a cultural phenomenon celebrating the public domain status of Steamboat Willie. While no explicit utility was defined at launch, the project has developed a community focused on trading and potential future developments.
Business Model and Operations
The token operates on the Ethereum blockchain as an ERC-20 token. The project maintains transparency in its operations, with contract code publicly visible and verified. No lending, gambling, or interest-bearing mechanisms are built into the smart contract.
Development and Adoption
The project has seen significant trading volume on decentralized exchanges. While primarily traded as a speculative asset, the token transfer mechanism is straightforward and involves real asset ownership transfer between parties.
Token Distribution
Initial token distribution appears to have been fair, with no pre-mine or team allocation identified. The contract shows no signs of malicious code or hidden mechanisms that would enable founder enrichment.
Crypto Impact
To assign a comfort level investing in Steamboat Willie 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 Steamboat Willie.
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.