AIPAD

Halal Rating :
Comfortable
Last Price $0.058 Last updated:
Rank 1163
1D Change -3.84 %
Market Cap $11.19m
Circulating supply 193,219,286
Maximum supply 200,000,000

Crypto Overview

Categories
  • AI & Big Data
  • Ethereum Ecosystem
  • Launchpad
  • BlueZilla

Overview

AIPad (AIPAD) is a cryptocurrency token that aims to serve as a launchpad platform for AI-focused projects within the blockchain space. The platform intends to provide a curated selection of artificial intelligence projects and facilitate their token launches.

Purpose and Utility

The primary stated purpose of AIPAD is to serve as a governance and utility token within the AIPad ecosystem. Token holders can participate in project selection, gain early access to AI project launches, and receive allocation opportunities in new projects launched through the platform.

Business Model Analysis

The business model appears to be focused on facilitating the launch of new AI-related cryptocurrency projects. The token itself represents actual ownership in the platform's ecosystem and provides genuine utility through governance rights and access to launches.

Development and Adoption

The project is in its early stages, with limited public information available about development progress or significant partnerships. While adoption appears limited at present, this is not inherently problematic from a Shariah compliance perspective.

Token Distribution

Based on available information, the token distribution includes allocations for the team, development, and public sale participants. Specific vesting schedules and lock-up periods are in place for team tokens, which provides some protection against sudden selling pressure.

Shariah Considerations

The core business model of launching new AI projects and providing governance rights does not inherently conflict with Islamic principles. The platform does not appear to facilitate interest-bearing activities, gambling, or other prohibited activities.

Crypto Impact

To assign a comfort level investing in AIPAD 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 AIPAD.

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