DexCheck AI

Halal Rating :
Questionable
Last Price $0.021 Last updated:
Rank 1071
1D Change -2.12 %
Market Cap $14.51m
Circulating supply 678,215,649
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • AI & Big Data
  • Ethereum Ecosystem
  • BNB Smart Chain
  • Launchpad
  • Analytics
  • Seedify
  • Telegram Bot

Overview

DexCheck AI is a cryptocurrency project that claims to leverage artificial intelligence for decentralized exchange (DEX) analysis and trading safety. According to available information, the project aims to provide tools for analyzing smart contracts and identifying potential risks in DeFi transactions.

Utility Analysis

The token's stated purpose is to serve as a governance token for the DexCheck AI platform and provide access to premium features of their AI-powered analysis tools. However, as of the current analysis, there is insufficient public information available about the actual implementation and usage of these features.

Platform Development

The development status and technical implementation details of the DexCheck AI platform are not readily accessible through public sources. This makes it challenging to verify the actual implementation of the proposed AI features and smart contract analysis tools.

Token Distribution

Limited information is available regarding the token distribution model and vesting schedules for the DCK token. Without clear documentation about tokenomics and distribution, it's difficult to make a complete assessment of the project's structure.

Business Model Assessment

The core concept of providing tools for safer DeFi trading aligns with Islamic principles of reducing harm and promoting transparency in transactions. However, the lack of detailed information about the actual implementation and usage of the platform makes it difficult to fully assess its alignment with Shariah principles.

Crypto Impact

To assign a comfort level investing in DexCheck 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 DexCheck AI.

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