TipsyCoin
Crypto Overview
Purpose and Utility
TipsyCoin ($TIPSY) is a cryptocurrency launched in 2023 on the Binance Smart Chain (BSC). Its primary stated purpose is to serve as a tipping and rewards token for the gaming and streaming community, particularly focused on integrating with platforms like Twitch and other streaming services.
Business Model and Development
The project aims to facilitate micro-transactions and tipping in the gaming ecosystem. The token incorporates a tax mechanism on transactions, with portions allocated to marketing, development, and liquidity. The development team has been actively working on wallet integrations and streaming platform partnerships.
Real-World Adoption
Current adoption remains in early stages, with the primary focus on building community awareness and developing technical integrations. The project has shown consistent development activity and community engagement through social media channels and their official Discord server.
Token Distribution
The token distribution includes locked liquidity pools and vesting periods for team allocations, which provides some protection against sudden selling pressure from insiders. Marketing wallets and team tokens have documented vesting schedules.
Crypto Impact
To assign a comfort level investing in TipsyCoin 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 TipsyCoin.
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.