Aigang
Crypto Overview
Overview
Aigang was launched in 2017 as a blockchain protocol for digital insurance. The project aimed to create automated insurance services for IoT (Internet of Things) devices using smart contracts on the Ethereum blockchain. The AIX token was intended to be used for governance, staking, and facilitating insurance transactions within the ecosystem.
Current Status
Based on the most recent available information, the Aigang project appears to be inactive. The project's website is no longer accessible, social media channels have been dormant since 2019, and there is no evidence of recent development activity on their GitHub repository. The token exists but shows minimal trading volume across exchanges.
Intended Utility
The original stated purposes of AIX token were: 1) Governance rights for protocol decisions 2) Staking for insurance pool creation 3) Payment for insurance premiums 4) Rewards for risk assessment contributions
Real World Adoption
There is no evidence of the protocol being actively used for its intended insurance purposes. The project failed to achieve meaningful adoption before development ceased.
Development Activity
No significant development activity has been observed in recent years. The project appears abandoned by its original team.
Crypto Impact
To assign a comfort level investing in Aigang 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 Aigang.
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.
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