GOAT AI
Crypto Overview
Project Overview
GOAT AI ($GOATAI) is a cryptocurrency project that functions as both a governance and utility token within the GOAT AI ecosystem. GOAT AI describes itself as an artificial intelligence platform that aims to integrate AI capabilities with blockchain technology.
Intended Purpose & Current Usage
The token is designed to facilitate transactions within the GOAT AI ecosystem, provide governance rights to holders, and serve as a means of accessing the platform's AI services. However, current on-chain data shows limited actual utility implementation at this stage.
Business Model Analysis
The project's business model centers around providing AI services and tools through blockchain technology. The revenue model appears to be based on legitimate service provision rather than interest-based or prohibited activities.
Development Activity
The project shows signs of active development, though specific details about the development roadmap and technical implementations are limited in public documentation.
Token Distribution
Information about token distribution and vesting schedules is not readily available in public documentation. This lack of transparency, while concerning from an investment perspective, does not impact halal classification as long as the underlying business model remains permissible.
Crypto Impact
To assign a comfort level investing in GOAT 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 GOAT 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.