ChainGPT
Crypto Overview
Project Overview
ChainGPT is an AI-powered ecosystem for blockchain and cryptocurrency, launched in 2023. The CGPT token serves as the native utility token for accessing the platform's AI services and tools.
Intended Utility
The token is designed to provide access to AI tools specifically built for blockchain development, crypto trading analysis, and smart contract creation. Users must stake or spend CGPT tokens to access various platform features including code generation, market analysis, and AI chatbot services.
Actual Utility and Development
The platform has demonstrated actual utility through its AI products, including ChainGPT Chat, ChainGPT Pad, and various developer tools. The project maintains active development with regular updates and improvements to its AI models and tools.
Token Distribution and Governance
Total supply is 1 billion CGPT tokens with the following allocation: 15% to team (vested over 24 months), 20% to ecosystem development, 25% to marketing and partnerships, 30% to public sale, and 10% to liquidity. The vesting schedule and lock-up periods appear reasonable and designed to prevent dump scenarios.
Revenue Model
The platform generates revenue through subscription fees and pay-per-use services for its AI tools, with no interest-bearing mechanisms or lending services. All transactions involve direct exchange of value for services.
Crypto Impact
To assign a comfort level investing in ChainGPT 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 ChainGPT.
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.