Tanuki Launchpad
Crypto Overview
Overview
Tanuki Launchpad (TANUPAD) appears to be a launchpad platform on the Binance Smart Chain (BSC) that aims to facilitate the launch of new cryptocurrency projects. The project claims to provide a platform for launching new tokens with features like guaranteed allocation spots and fair launch mechanisms.
Purpose and Utility
The primary stated utility of TANUPAD is to serve as a governance and access token for the launchpad platform. Token holders can participate in new token launches and potentially receive allocations in new projects launching through the platform.
Business Model Analysis
The platform's business model appears to focus on facilitating token launches, which in itself is not inherently haram as it involves the exchange of actual digital assets. The platform does not appear to engage directly in lending or interest-bearing activities.
Development and Adoption
Current on-chain data shows limited but existing activity. The project appears to be in its early stages, with a small but active community. While marketing appears to be a significant focus, this is common for early-stage launchpad projects and does not inherently affect its halal status.
Token Distribution
Available information about token distribution and vesting schedules is limited, but the basic structure appears to follow standard launchpad token models with allocations for platform development, team, and community.
Crypto Impact
To assign a comfort level investing in Tanuki Launchpad 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 Tanuki Launchpad.
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.
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