HashBit AI
Crypto Overview
Overview
HashBit AI is a cryptocurrency project launched in 2023 that claims to combine artificial intelligence capabilities with blockchain technology. The project presents itself as a platform for AI-powered trading and analysis tools.
Purpose and Utility
The stated purpose of HBIT is to serve as the native token for the HashBit AI ecosystem, powering transactions and access to their AI trading tools. However, there is limited verifiable information about the actual implementation and functioning of these tools.
Business Model Analysis
The project's business model appears to revolve around providing AI-powered trading tools and analysis. While trading tools themselves are not inherently haram, there is insufficient transparency about the actual technology and mechanisms behind these tools.
Development and Adoption
Public information about the development team, roadmap, and technical specifications is scarce. There is minimal evidence of substantial development activity or significant real-world adoption of the platform's stated AI capabilities.
Token Distribution
Information about token distribution, vesting schedules, and founder allocations is not readily available through official channels, which raises transparency concerns.
Crypto Impact
To assign a comfort level investing in HashBit 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 HashBit 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.