TORA NEKO
Crypto Overview
Overview
TORA NEKO is a meme cryptocurrency launched on the BNB Chain (formerly BSC) in 2024. The project positions itself as a community-driven token inspired by Japanese cat themes.
Purpose and Utility
The stated purpose is primarily as a community token with basic utility through holding and trading. The project does not claim complex utility beyond serving as a tradeable digital asset.
Business Model Analysis
The token operates on a simple buy/sell model with transaction fees. There are no apparent mechanisms involving riba (interest) or gambling. The project does not facilitate or promote any haram activities.
Real-World Adoption
The token has gained some traction among crypto traders and meme token enthusiasts. Current usage aligns with its intended purpose as a tradeable digital asset.
Platform Development
The project maintains basic tokenomics and smart contract functionality. Development activity appears focused on community building and marketing rather than technical innovation, which is consistent with its stated purpose.
Token Distribution
Token distribution includes allocations for liquidity, marketing, and community. While specific percentages are not publicly detailed, the token contract shows no unusual concentration of holdings that would indicate a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in TORA NEKO 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 TORA NEKO.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
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