Botto
Crypto Overview
Overview
Botto is a decentralized autonomous artist that creates AI-generated artwork. The platform uses artificial intelligence to generate unique digital art pieces, with the BOTTO token serving as a governance token that allows holders to vote on and influence the artistic direction of the AI.
Intended Utility
The BOTTO token is designed to serve multiple purposes within the ecosystem: Governance rights for voting on artwork direction, participation in the platform's revenue sharing from artwork sales, and access to exclusive features of the platform.
Actual Utility and Implementation
The project has demonstrated real-world utility through: Regular artwork generation and sales on platforms like SuperRare and Foundation, Active community participation in voting and governance, Verifiable on-chain activity showing consistent platform usage.
Token Distribution and Governance
The token distribution appears relatively balanced with mechanisms in place for community governance. The project maintains transparency in its operations and development progress. The development team has shown consistent activity in improving the platform's AI capabilities and user interface.
Technology Assessment
The platform operates on legitimate technological infrastructure, combining blockchain technology with artificial intelligence for art creation. There is no evidence of interest-based (riba) mechanisms in the core protocol. The platform focuses on digital art creation and curation, which are permissible activities from an Islamic perspective.
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.