Swole Doge
Crypto Overview
Project Overview
Swole Doge is a meme cryptocurrency launched on the Ethereum blockchain that draws inspiration from the popular 'Swole Doge vs. Cheems' meme format. The project presents itself as a community-driven token with basic ERC-20 functionality.
Purpose and Utility
The primary stated purpose of SWOLE is to serve as a tradeable digital asset within the cryptocurrency ecosystem. While it doesn't claim complex utility, it functions as a transferable digital asset with standard ERC-20 capabilities.
Business Model and Operations
The project operates as a basic ERC-20 token, allowing for peer-to-peer transfers and trading on decentralized exchanges. There are no apparent mechanisms involving interest, gambling, or other prohibited activities in its core functionality.
Development and Community Activity
The project shows limited but ongoing community engagement primarily through social media channels. The development activity appears minimal, focusing mainly on maintaining the basic token infrastructure.
Token Distribution and Governance
Initial token distribution information and smart contract details are publicly available on the Ethereum blockchain, providing transparency regarding token allocations and transfers.
Crypto Impact
To assign a comfort level investing in Swole Doge 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 Swole Doge.
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.