Botto
Crypto Overview
Project Overview
Botto is a decentralized autonomous artist that creates AI-generated artwork. The system uses machine learning algorithms to generate unique digital art pieces, with the BOTTO token serving as a governance and utility token within its ecosystem.
Intended Utility
The BOTTO token is designed to enable community participation in the art creation process. Token holders can vote on generated artworks, helping to train the AI system and determine which pieces should be put up for auction. Holders also receive a share of the proceeds from artwork sales.
Actual Implementation & Usage
The project has demonstrated real utility through regular art auctions on platforms like SuperRare, with verifiable sales and community participation. The AI artist has generated significant revenue from artwork sales, with proceeds being distributed to token holders who participate in the curation process.
Token Distribution & Governance
Initial token distribution included allocations for the team, early investors, and community. Team tokens have vesting schedules to prevent immediate selling. The project demonstrates transparency in its operations and token economics.
Development Activity
The project maintains active development with regular updates to its AI algorithms and governance mechanisms. The team consistently releases new artwork collections and maintains engagement with the community through its governance platform.
Crypto Impact
To assign a comfort level investing in Botto 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 Botto.
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.