PaladinAI

Halal Rating :
Comfortable
Contract: 0x3Cb48AeB3D1abaDc23d2D8a6894B3A68338381C2
Last Price $0.0052 Last updated:
Rank 8718
1D Change -0.69 %
Market Cap -
Circulating supply 0
Maximum supply 100,000,000

Crypto Overview

Categories
  • AI & Big Data
  • Ethereum Ecosystem

Overview

PaladinAI (PALAI) is a new cryptocurrency that aims to create a decentralized AI infrastructure platform. Launched in 2024, PALAI serves as the utility and governance token for the Paladin AI ecosystem.

Purpose and Utility

The token's primary stated purposes are: 1) Governance rights for protocol decisions, 2) Payment for AI compute resources on the network, and 3) Staking to secure the network. Currently, the project is in early development stages with limited real-world usage.

Business Model Analysis

The core business involves creating a decentralized marketplace for AI compute resources. This model appears to be halal as it facilitates legitimate exchange of services without involving prohibited activities. There are no lending, gambling, or interest-bearing components.

Development Activity

The project shows signs of active development on GitHub, though still in initial stages. The team regularly provides technical updates and development milestones through their official channels.

Token Distribution

20% allocated to team/advisors with 2-year vesting schedule. 30% for ecosystem development. 25% for public sale. 25% reserved for network operations and future development. The vesting schedule and allocation appear reasonable and designed for long-term project development rather than short-term enrichment.

Rating Justification

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