THE COQFATHER
Crypto Overview
Project Overview
The CoqFather (BOSSCOQ) is a meme cryptocurrency launched on the BNB Smart Chain. The project presents itself as a community-driven token with a gaming and NFT ecosystem focus.
Purpose and Utility
The stated purpose of BOSSCOQ includes: serving as a governance token for future gaming initiatives, enabling NFT transactions within its ecosystem, and functioning as a medium of exchange. Currently, the token primarily serves as a tradeable asset on decentralized exchanges.
Business Model Analysis
The project's business model centers around community engagement and potential gaming/NFT utilities. The token involves direct asset ownership and transfer between parties, with no lending or interest-bearing components identified.
Real-World Adoption
The project is in its early stages, with adoption primarily centered around trading on decentralized exchanges. While gaming and NFT functionalities are proposed, these features are not yet implemented.
Development Activity
Development activity appears focused on community building and marketing initiatives. The technical development of proposed gaming features is still in preliminary stages.
Token Distribution
The token contract implements anti-whale measures and liquidity locks to prevent large-scale manipulation. Standard transaction taxes are applied for marketing and development purposes.
Crypto Impact
To assign a comfort level investing in THE COQFATHER 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 THE COQFATHER.
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.