GATSBY (gatsby.fi)

Halal Rating :
Comfortable
Last Price $0.71 Last updated:
Rank 729
1D Change -20.21 %
Market Cap $40.72m
Circulating supply 57,600,000
Maximum supply 100,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • DeFAI

Purpose and Utility

GATSBY is a decentralized platform for on-chain AI-powered automated trading strategies. The GATSBY token serves as the utility token for the Gatsby.fi platform, enabling users to access automated trading features and participate in platform governance.

Business Model

The platform's core functionality revolves around providing users with access to AI-powered trading strategies. Users can deploy these strategies for cryptocurrency trading on decentralized exchanges. The business model appears transparent, with revenue primarily generated through platform usage fees.

Real-World Adoption

The platform is in its early stages of development, with limited but growing adoption. The project has established partnerships with several DeFi protocols and continues to expand its ecosystem.

Development Activity

There is observable development activity on the platform's GitHub repository, indicating ongoing technical progress. The team regularly provides updates about platform development and new features through their official channels.

Token Distribution

Token distribution information shows a balanced allocation between team, development fund, and public distribution. Vesting schedules are in place for team tokens, suggesting commitment to long-term development.

Technology and Revenue Model

The platform's core technology focuses on AI-driven trading strategies and does not inherently involve interest-bearing mechanisms or lending. The revenue model is based on platform usage fees rather than interest or lending activities.

Crypto Impact

To assign a comfort level investing in GATSBY (gatsby.fi) 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 GATSBY (gatsby.fi).

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