DeepBrain Chain

Halal Rating :
Comfortable
Last Price $0.00 Last updated:
Rank 987
1D Change 20.76 %
Market Cap $18.35m
Circulating supply 5,428,952,299
Maximum supply 10,000,000,000

Crypto Overview

Categories
  • Platform
  • AI & Big Data
  • Distributed Computing
  • Substrate
  • Polkadot
  • Polkadot Ecosystem
  • Metaverse

Project Overview

DeepBrain Chain (DBC) is a blockchain-based artificial intelligence computing platform designed to provide distributed computing power for AI applications. The project aims to reduce the cost of AI development by creating a decentralized network where users can share computing resources.

Intended Utility

The primary purpose of DBC is to serve as a utility token within the DeepBrain Chain ecosystem. It is used to pay for AI computing power, reward network participants who provide computing resources, and facilitate governance decisions within the platform.

Actual Implementation and Usage

The project maintains an active GitHub repository and has demonstrated some development progress in building its AI computing infrastructure. However, current usage metrics and adoption rates are relatively modest compared to the initial vision.

Token Distribution and Governance

The token distribution includes allocations for the development team, early investors, and the public. The project has implemented vesting periods for team tokens to align long-term incentives. The governance structure allows token holders to participate in decision-making processes regarding platform development and updates.

Technical Infrastructure

DeepBrain Chain operates on a proof-of-stake consensus mechanism, where token holders can participate in network validation. The platform provides computational resources for AI training and inference, with transactions and resource allocation managed through smart contracts.

Crypto Impact

To assign a comfort level investing in DeepBrain Chain 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 DeepBrain Chain.

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