YooShi
Crypto Overview
Project Overview
YooShi is a meme token launched on the Binance Smart Chain (BSC) in 2021. The project claims to be building a GameFi ecosystem featuring NFTs and play-to-earn gaming elements.
Intended Utility Assessment
The stated purpose is to serve as a governance and utility token within their planned gaming ecosystem. The token was meant to be used for game rewards, NFT transactions, and ecosystem governance.
Actual Utility Analysis
Current on-chain data shows minimal genuine utility implementation. While there was initial development activity in 2021, the project's development appears largely stagnant. The promised gaming ecosystem has not materialized in any substantial form.
Token Distribution and Founder Analysis
Token distribution shows concerning patterns with large whale wallets controlling significant portions of the supply. There is limited transparency regarding team token lockups or vesting schedules. Marketing efforts have historically focused on price action rather than development milestones.
Technical Implementation
The token operates as a standard BEP-20 token on the Binance Smart Chain with basic tokenomics including reflection rewards and automatic liquidity provision. No innovative technical features have been implemented beyond basic token functions.
Crypto Impact
To assign a comfort level investing in YooShi 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 YooShi.
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.