Tiger King Coin
Crypto Overview
Purpose and Utility
Tiger King Coin (TKING) was launched in 2021 as a meme cryptocurrency inspired by the Netflix series 'Tiger King.' The project claims to support tiger and big cat conservation efforts through charitable donations. The token initially gained attention due to its association with Joe Exotic, the main character of the Netflix series.
Business Model Analysis
The token operates on the Ethereum blockchain as an ERC-20 token. While the project initially promised charitable donations to big cat sanctuaries, there is limited verifiable evidence of such activities. The token appears to function primarily as a speculative trading asset.
Real-World Adoption
Current usage of TKING is primarily concentrated on decentralized exchanges for trading purposes. There is no significant evidence of adoption for charitable purposes or other utility beyond trading.
Platform Development
Development activity appears minimal, with limited updates to the project's infrastructure or ecosystem. The project's social media presence and community engagement have significantly decreased since its launch.
Token Distribution
The token distribution information is publicly available through blockchain explorers, showing it follows a standard ERC-20 implementation. There are no apparent signs of unusual concentration of tokens that would indicate a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Tiger King Coin 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 Tiger King Coin.
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.