GENIUS AI
Crypto Overview
Purpose and Utility
Genius AI (GNUS) is an AI-focused cryptocurrency project that aims to serve as the native token for a decentralized AI marketplace. The platform intends to facilitate the trading of AI models, datasets, and computation resources between users.
Business Model Assessment
The project focuses on providing a marketplace for AI resources, which aligns with halal principles as it involves the legitimate exchange of digital assets and services. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content.
Real-World Adoption
The project is in its early stages, with limited adoption metrics available. While the ecosystem is still developing, this does not affect its Sharia compliance status.
Development Activity
The project shows regular development updates on their GitHub repository, indicating ongoing technical progress. The team maintains active communication through their official channels.
Token Distribution
Available information indicates that tokens are distributed across development (30%), ecosystem growth (40%), and public sale (30%). Vesting schedules are in place for team allocations, showing consideration for long-term project sustainability.
Crypto Impact
To assign a comfort level investing in GENIUS 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 GENIUS 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.
You can change your vote if you change your mind.