Agoras: Tau Net

Halal Rating :
Comfortable
Last Price $1.29 Last updated:
Rank 759
1D Change 2.05 %
Market Cap $38.51m
Circulating supply 29,861,811
Maximum supply None

Crypto Overview

Categories
  • AI & Big Data
  • Ethereum Ecosystem

Project Overview

Agoras: Tau Net (AGRS) is a cryptocurrency project that aims to create a knowledge economy platform powered by artificial intelligence. The project's core purpose is to facilitate the development of the Tau Network, which is designed to be a decentralized network for knowledge sharing and automated reasoning.

Intended Utility

The AGRS token is intended to serve as the native currency within the Tau Network ecosystem. Its primary utilities include: accessing the platform's services, participating in network governance, and facilitating transactions within the knowledge marketplace.

Current Development Status

The project appears to be in active development, with ongoing work on the Tau programming language and network infrastructure. However, the project has faced significant delays in delivering its promised functionality, and current utility remains limited.

Token Distribution

The token distribution information is not readily available in detail, which creates some transparency concerns. However, this lack of transparency alone does not make the project haram as long as real asset ownership is transferred in transactions.

Technical Foundation

The project is built on legitimate technical foundations, focusing on automated reasoning and knowledge representation. The team has published technical papers and documentation explaining their approach to solving complex computational problems.

Crypto Impact

To assign a comfort level investing in Agoras: Tau Net 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 Agoras: Tau Net.

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