Node AI

Halal Rating :
Comfortable
Last Price $1.2 Last updated:
Rank 426
1D Change -9.10 %
Market Cap $117.01m
Circulating supply 95,067,702
Maximum supply 100,000,000

Crypto Overview

Categories
  • AI & Big Data
  • Distributed Computing
  • Masternodes
  • Ethereum Ecosystem
  • Telegram Bot
  • DePIN

Purpose and Utility

Node AI (GPU) is a cryptocurrency that aims to create a decentralized artificial intelligence infrastructure. The project claims to focus on AI model training and deployment using decentralized computing resources.

Business Model Analysis

The project's stated business model involves creating a marketplace for AI computing resources, where GPU token holders can participate in the network's operations. The core functionality appears to be legitimate and does not inherently involve any prohibited activities under Islamic law.

Real-World Adoption and Development

The project is in its early stages with limited verifiable adoption metrics. The development activity appears to be ongoing, though specific technical milestones and achievements are not widely documented.

Token Distribution and Governance

Token distribution information and vesting schedules are not publicly available in detail, making it difficult to assess the concentration of ownership and potential for founder enrichment. However, the mere absence of this information does not make the project haram.

Technology and Revenue Model

The primary revenue model appears to be based on facilitating transactions between AI computing resource providers and users, which involves actual asset exchange and utility creation. The project does not appear to incorporate interest-based mechanisms or explicitly prohibited activities.

Crypto Impact

To assign a comfort level investing in Node 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 Node 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”.

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