MikeAI
Crypto Overview
Project Overview
MikeAI (WAZ) is a recently launched cryptocurrency project that aims to combine artificial intelligence with blockchain technology. The project claims to offer AI-powered tools and services through its ecosystem.
Utility Analysis
The stated purpose of WAZ is to serve as a utility token for accessing AI services within the MikeAI ecosystem. However, due to the project's very recent launch and limited publicly available information, it's challenging to verify the extent of actual implementation of these AI services.
Business Model & Operations
The project appears to be in its early stages of development. While the combination of AI and blockchain technology is a legitimate use case, insufficient public documentation exists to fully evaluate the current state of implementation.
Token Distribution
Limited information is available regarding the token distribution model and vesting schedules. This lack of transparency, while concerning from an investment perspective, does not inherently make the project haram.
Development Activity
The project shows some development activity, though detailed technical documentation is limited. This early-stage status, while creating investment risks, does not affect halal classification.
Crypto Impact
To assign a comfort level investing in MikeAI 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 MikeAI.
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.