Chat AI
Crypto Overview
Project Overview
Chat AI is a recently launched cryptocurrency that aims to serve as a utility token within a platform designed to allow users to interact with various AI models. The project claims to bridge the gap between cryptocurrency and artificial intelligence technologies.
Intended Purpose and Current Usage
The intended purpose is to serve as a governance and utility token within their AI chat ecosystem. Token holders can use AI tokens to access AI chat services and participate in platform governance decisions.
Business Model Evaluation
The business model appears to be based on providing legitimate AI services, with no indication of involvement in prohibited activities like gambling or interest-based lending. The platform operates on a straightforward utility model where tokens are used to access services.
Development and Adoption
While the project is in its early stages, there is evidence of ongoing development work. The team maintains regular updates on their development progress through their official channels.
Token Distribution
The token distribution includes allocations for development, marketing, and community growth. Specific vesting schedules are in place for team tokens to align long-term interests.
Crypto Impact
To assign a comfort level investing in Chat AI 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 Chat AI.
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.