Uranus
Crypto Overview
Overview
Uranus (URS) is a cryptocurrency token launched on the Ethereum blockchain in 2023, positioning itself as a meme token inspired by the planet Uranus. The project markets itself through space-themed memes and community engagement.
Purpose and Utility
The primary stated purpose of Uranus is to serve as a community-driven meme token with social elements. The token allows for basic transfers and trading functionality. While no complex utility has been implemented, the token serves as a tradeable digital asset with ownership rights clearly established through the blockchain.
Business Model & Platform Activity
The project primarily operates as a basic ERC-20 token with standard transfer capabilities. Development activity appears minimal, focusing mainly on community building and marketing efforts through social media platforms.
Token Distribution
Based on available data, the token has a total supply of 1 trillion URS tokens. Initial liquidity was provided and locked, though complete details about token distribution among founders and early investors are not fully transparent.
Current Usage
The token is primarily used for trading on decentralized exchanges. While adoption is currently limited, this does not impact its Sharia compliance status as actual asset ownership and transfer occurs with each trade.
Crypto Impact
To assign a comfort level investing in Uranus 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 Uranus.
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.