GNY
Crypto Overview
Overview
GNY is a machine learning platform that aims to provide predictive analytics solutions on blockchain networks. The GNY token is the native utility token of the platform.
Purpose & Utility
The stated purpose of GNY is to enable machine learning capabilities across blockchain networks, with the GNY token being used to pay for services on the platform and reward node operators. The token also provides governance rights within the ecosystem.
Business Model Assessment
The core business model revolves around providing machine learning services and does not inherently involve any prohibited activities like gambling or interest-based lending. The platform aims to provide legitimate technological services.
Real-World Adoption & Development
The project shows limited current adoption and development activity based on publicly available information. While the project maintains some development presence, the actual usage of the platform for its intended machine learning purposes appears minimal.
Token Distribution & Governance
Information about token distribution and vesting schedules is not readily available in detail. The project operates on a fairly standard governance model where token holders can participate in decision-making.
Revenue Model
The revenue model is based on fees for machine learning services and does not involve interest-based mechanisms or other prohibited activities.
Crypto Impact
To assign a comfort level investing in GNY 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 GNY.
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.