AgentLayer

Purpose and Utility

AgentLayer (AGENT) is a cryptocurrency token that serves as the native token for the AgentLayer protocol. The protocol aims to create infrastructure for AI agents, allowing them to execute tasks, communicate, and coordinate with each other. The token's primary utility is for governance and access to the protocol's services.

Business Model Analysis

The business model revolves around creating a decentralized infrastructure for AI agents. The protocol facilitates genuine value exchange through its services, and there is no evidence of involvement in prohibited activities like gambling or riba-based lending.

Real-World Adoption

The project is in its early stages, with development actively ongoing. While adoption is currently limited, this doesn't affect its Sharia compliance status. The protocol has been gaining attention in the AI and blockchain communities.

Platform and Development

There is visible development activity on the project's GitHub repositories, indicating genuine effort to build the promised technology. The team regularly provides updates on development progress.

Token Distribution

The token distribution includes allocations for development, community incentives, and team members. While specific vesting details aren't publicly available, this doesn't impact Sharia compliance as the token represents actual ownership in the protocol's infrastructure.