Artificial Superintelligence Alliance

Halal Rating :
Comfortable
Last Price $1.30 Last updated:
Rank 28
1D Change -6.41 %
Market Cap $3.26b
Circulating supply 2,520,000,000
Maximum supply 2,630,547,141

Crypto Overview

Categories
  • Cosmos Ecosystem
  • AI & Big Data
  • Collectibles & NFTs
  • IoT
  • Binance Launchpad
  • Web3
  • Injective Ecosystem

Project Overview

Fetch.ai (FET) is a decentralized platform focused on developing and deploying artificial intelligence and machine learning solutions on blockchain technology. The project aims to create an ecosystem where AI agents can interact, learn, and conduct economic activities autonomously.

Intended Utility

The FET token serves multiple purposes within the ecosystem: It acts as the native currency for transactions between AI agents, enables network governance participation, and is used for staking to secure the network through a Proof-of-Stake consensus mechanism. The platform facilitates the development of autonomous AI agents that can perform tasks like data analysis, prediction services, and automated trading.

Actual Utility Assessment

The project demonstrates substantial real-world adoption through partnerships with major organizations and active development. The platform hosts multiple functioning applications, including AI-powered DEX aggregators and autonomous mobility solutions. The development team maintains regular updates and improvements to the core protocol.

Token Distribution Analysis

The token distribution shows a balanced allocation: 15% to team and advisors with appropriate vesting schedules, 15% for ecosystem development, 19% for network incentives, and the remainder distributed through public sales and community initiatives. The vesting schedules and lock-up periods appear reasonable and designed to prevent dump events.

Development vs Marketing

The project demonstrates a strong focus on technical development with regular GitHub commits and protocol improvements. Marketing efforts appear proportional and focused on educating about the technology rather than pure price speculation.

Crypto Impact

To assign a comfort level investing in Artificial Superintelligence Alliance 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 Artificial Superintelligence Alliance.

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Justification for our Halal Rating