Multiverse
Crypto Overview
Overview
Multiverse (AI) is a cryptocurrency project focused on creating a decentralized ecosystem for artificial intelligence applications. The platform aims to facilitate AI development, deployment, and monetization through blockchain technology.
Purpose and Utility
The primary intended purpose of the AI token is to serve as the native currency for the Multiverse ecosystem, enabling users to pay for AI services, participate in governance, and incentivize AI model development. The token is currently being used primarily for trading on exchanges, while the platform continues development.
Business Model Assessment
The business model appears to be focused on legitimate technology development without involvement in prohibited activities. The platform does not facilitate gambling, interest-based lending, or other haram activities. The core focus on AI technology development and deployment aligns with permissible business activities in Islam.
Development and Adoption
The project demonstrates ongoing development activity, though adoption of its intended AI functionalities remains in early stages. The team maintains regular updates and communication about development progress through their official channels.
Token Distribution and Vesting
The token distribution includes allocations for development, marketing, and team members with standard vesting schedules. There are no concerning patterns in token distribution that would suggest a scheme to enrich founders.
Revenue Model
The revenue model is based on facilitating legitimate exchange of value through AI services and platform usage, without relying on interest-bearing mechanisms or prohibited activities.
Crypto Impact
To assign a comfort level investing in Multiverse 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 Multiverse.
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.