PaladinAI
Crypto Overview
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.
Crypto Impact
To assign a comfort level investing in PaladinAI 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 PaladinAI.
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.