Cindicator
Crypto Overview
Overview and Intended Utility
Cindicator was launched in 2017 as a hybrid intelligence platform combining human analysts and artificial intelligence for market predictions. The CND token was designed to provide access to various levels of analytical products and services within the Cindicator ecosystem.
Business Model Analysis
The platform aimed to create a decentralized ecosystem where token holders could access market predictions and analytics. Users were meant to stake CND tokens to access different tiers of services, with higher stakes providing access to more premium features.
Current Status and Development
As of 2024, the project appears to be largely inactive. The official website is no longer accessible, and there has been minimal development activity on the project's GitHub repositories. Social media channels and community engagement have significantly declined.
Token Distribution and Governance
Initial token distribution allocated 75% to the public sale, with 20% retained by the team and advisors, and 5% for bounties and early supporters. The team's tokens had a vesting period, but given the project's current state, this is largely irrelevant.
Actual Usage and Adoption
The platform failed to achieve significant adoption or maintain its promised utility. Trading volumes have declined substantially, and the token is delisted from many major exchanges. The original hybrid intelligence platform is no longer operational.
Crypto Impact
To assign a comfort level investing in Cindicator 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 Cindicator.
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.