World Record Banana
Crypto Overview
Purpose and Utility
World Record Banana (BANANA) is a meme cryptocurrency on the Solana blockchain. The project's stated purpose is to break the world record for the biggest speculative asset bubble in history while being transparent about its nature as a speculative token.
Business Model
The project is openly speculative but maintains transparency about its nature. It involves direct peer-to-peer trading of tokens with full disclosure of its meme status. There are no lending, gambling, or interest-bearing components.
Real-World Adoption
The token primarily exists as a trading asset on decentralized exchanges. Its adoption is primarily focused on trading activity rather than utility applications.
Platform and Development
The token operates as a standard SPL token on Solana with basic transfer functionality. There is limited technical development as the project is focused on its meme status.
Token Distribution
The token has a fair launch model with no pre-mine or team allocation. Liquidity is provided by the community, and there are no vesting schedules or lockups for any parties.
Crypto Impact
To assign a comfort level investing in World Record Banana 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 World Record Banana.
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.