Clore.ai

Halal Rating :
Questionable
Last Price $0.07 Last updated:
Rank 995
1D Change -7.93 %
Market Cap $17.54m
Circulating supply 249,491,637
Maximum supply 1,300,000,000

Crypto Overview

Categories
  • AI & Big Data
  • Layer 1
  • DePIN

Purpose and Utility

Clore.ai claims to be an AI-powered DeFi platform. However, after extensive research, I could not find sufficient verifiable information about its specific use cases or technological implementation. The project's documentation and online presence are minimal, making it difficult to properly evaluate its stated utility.

Business Model

Due to the lack of transparent documentation about the project's mechanisms and operations, I cannot make a definitive assessment of its business model or verify if it aligns with Islamic principles.

Real-World Adoption

There is insufficient public data available to evaluate the actual usage or adoption of the platform. The lack of verifiable information about partnerships, user base, or transaction volumes makes it impossible to assess its real-world implementation.

Development Activity

I could not find evidence of substantial development activity or a public repository to verify ongoing technical progress. The absence of transparent development information raises concerns about the project's actual technological implementation.

Token Distribution

Information about token distribution, vesting schedules, and founder allocations is not readily available, making it impossible to evaluate the fairness of token distribution or potential concentration of ownership.

Crypto Impact

To assign a comfort level investing in Clore.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 Clore.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.

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