Neurai
Crypto Overview
Overview
Neurai (XNA) is a cryptocurrency that emerged from the Neural Protocol project, aiming to create a decentralized artificial intelligence and machine learning platform. The project focuses on providing infrastructure for AI model training and deployment on a blockchain network.
Purpose and Utility
The primary stated purpose of Neurai is to facilitate decentralized AI computations and create a marketplace for AI models and data. The project aims to allow users to contribute computational resources for AI training while being rewarded with XNA tokens.
Current Implementation
The project maintains active development with regular GitHub commits. The core utility involves securing the network through a hybrid Proof of Work and Proof of Stake consensus mechanism. Currently, the main usage revolves around network validation and transaction processing.
Business Model Analysis
The business model appears transparent and does not involve any inherently prohibited activities under Islamic law. The project does not engage in interest-bearing activities, gambling, or other haram industries. The token serves as both a utility token for network operations and a means of value transfer.
Development Activity
The project shows consistent development activity on GitHub, with regular updates to the core protocol. The development team maintains transparency about their progress and future roadmap.
Token Distribution
The token distribution appears fair, with no excessive concentration among founders or early investors. The project implemented a fair launch model without pre-mining or ICO, allowing for organic token distribution through mining and staking.
Crypto Impact
To assign a comfort level investing in Neurai 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 Neurai.
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.