AI Network
Crypto Overview
Project Overview
AI Network (AIN) is a blockchain platform designed to facilitate the development and deployment of artificial intelligence applications. The project aims to create a decentralized infrastructure for AI computing resources and model sharing.
Intended Purpose and Current Usage
The AIN token serves as the native utility token of the AI Network ecosystem. Its primary purposes include: governance rights for protocol decisions, payment for AI computing resources on the network, and incentivizing node operators who provide computational power.
Business Model Analysis
The platform's business model focuses on creating a marketplace for AI resources, allowing developers to access distributed computing power and AI models. This model appears to align with halal principles as it involves the legitimate exchange of valuable computing resources and services.
Development and Adoption
The project shows ongoing development activity, though with moderate adoption. The team maintains regular updates to the protocol and has established partnerships in the AI and blockchain space.
Token Distribution
Token distribution information is transparent, with clear allocations for development, ecosystem growth, and team incentives. Vesting schedules are in place for team tokens, indicating a long-term commitment to the project.
Revenue Model
The revenue model is based on legitimate service provision and resource exchange, without relying on interest-bearing mechanisms or prohibited activities.
Crypto Impact
To assign a comfort level investing in AI Network 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 AI Network.
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.