Welshcorgicoin
Crypto Overview
Overview
Welsh Corgi Coin appears to be a meme cryptocurrency that was created in 2021 inspired by the Welsh Corgi dog breed. Based on available information, it operates on the BNB Smart Chain network.
Purpose and Utility
The cryptocurrency appears to have been created primarily as a meme token with basic transfer and trading functionality. No significant technical innovations or specific utility beyond being a tradeable digital asset were identified.
Business Model & Platform Activity
The token operates as a simple BEP-20 token on BSC allowing for peer-to-peer transfers and trading. Development activity appears minimal based on public GitHub repositories and social media presence.
Real World Adoption
Trading volume and holder numbers appear limited based on blockchain explorers, though exact metrics are difficult to verify given limited public data availability.
Token Distribution
Detailed information about the token distribution and founder allocations is not readily available in public documentation.
Technology Assessment
The token appears to use standard BEP-20 smart contract functionality for transfers and trading. No lending, staking or interest-bearing mechanisms were identified that would raise sharia compliance concerns.
Crypto Impact
To assign a comfort level investing in Welshcorgicoin 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 Welshcorgicoin.
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.