AstraAI

Halal Rating :
Comfortable
Last Price $2.1 Last updated:
Rank 975
1D Change -26.13 %
Market Cap $18.81m
Circulating supply 8,871,199
Maximum supply 10,000,000

Crypto Overview

Categories
  • AI & Big Data
  • Ethereum Ecosystem

Project Overview

AstraAI is a new cryptocurrency project focused on integrating artificial intelligence with blockchain technology. The token serves as the primary utility token within the AstraAI ecosystem.

Purpose and Utility

The project aims to create a decentralized AI infrastructure where ASTRA tokens are used for: Accessing AI services and compute resources, Governance voting on protocol decisions, Rewarding network participants who contribute computing power.

Business Model Evaluation

The business model appears to be focused on legitimate technological development and does not involve any inherently prohibited activities like interest-based lending or gambling. The token has clear utility within its ecosystem for accessing services and governance.

Current Development Status

The project is in its early stages with ongoing development of its AI infrastructure. While actual adoption is currently limited, this is not unusual for early-stage projects and does not impact halal classification.

Token Distribution

Token distribution information and vesting schedules for the team and early investors are transparent and publicly available. No concerning concentration of tokens has been identified that would suggest a scheme to enrich founders.

Crypto Impact

To assign a comfort level investing in AstraAI 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 AstraAI.

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.