ZilPepe
Crypto Overview
Overview
ZilPepe is a meme cryptocurrency launched on the Zilliqa blockchain network. It follows the trend of 'Pepe' themed tokens that gained popularity in 2023.
Purpose and Utility
The token appears to be primarily designed as a community-driven meme token with minimal stated utility beyond trading and community participation. It does not claim to solve any specific technological problem or provide unique functionality.
Business Model and Operations
ZilPepe operates as a simple fungible token on the Zilliqa network. The project does not appear to engage in any prohibited activities such as gambling, interest-based lending, or adult content. Trading occurs through decentralized exchanges where actual token ownership is transferred between parties.
Development and Adoption
The project maintains a basic social media presence and community engagement through platforms like Twitter. While development activity appears minimal, this is consistent with the project's nature as a meme token.
Token Distribution
The token distribution details are publicly available through blockchain explorers, showing typical patterns of meme token distributions. Trading occurs in a permissionless manner on decentralized exchanges.
Crypto Impact
To assign a comfort level investing in ZilPepe 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 ZilPepe.
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.