Nerd AI
Crypto Overview
Purpose and Utility
NERD token serves as the native cryptocurrency for the Nerd AI ecosystem, which aims to democratize access to AI tools and infrastructure. The token is designed to facilitate access to AI services, reward content creators, and govern protocol decisions.
Business Model Assessment
The project focuses on providing AI-powered tools and services, with the token being used for platform access and governance. The business model appears transparent and doesn't involve any inherently prohibited activities like gambling or interest-based lending.
Real-World Adoption
The project is in its early stages, with limited but growing adoption. The token is primarily used for accessing AI services on the platform and trading on decentralized exchanges.
Platform Development
The development team maintains an active GitHub repository and regularly updates the community through social media channels. The project demonstrates ongoing technical development of AI tools and infrastructure.
Token Distribution
The token distribution includes allocations for development (20%), team (15%), and community rewards (65%). Team tokens are subject to a vesting schedule over 24 months, indicating commitment to long-term development.
Crypto Impact
To assign a comfort level investing in Nerd 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 Nerd 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.