SingularityDAO

Halal Rating :
Questionable
Last Price $0.28 Last updated:
Rank 917
1D Change 9.08 %
Market Cap $22.78m
Circulating supply 82,733,204
Maximum supply 100,000,000

Crypto Overview

Categories
  • AI & Big Data
  • DeFi
  • Poolz Finance Portfolio
  • Exnetwork Capital Portfolio
  • Cross-Chain DEX Aggregator

Overview

SingularityDAO is a decentralized portfolio management protocol that leverages AI and machine learning to optimize DeFi trading strategies. The project aims to make DeFi trading more accessible and profitable through automated portfolio management and AI-driven trading signals.

Intended Utility

The SDAO token serves multiple purposes within the ecosystem: governance rights for protocol decisions, access to AI-powered trading strategies, and revenue sharing from the protocol's services. Token holders can stake SDAO to participate in governance and earn rewards from protocol fees.

Actual Utility Analysis

The platform currently operates several AI-powered DynaSets (managed portfolios) and provides trading signals through their DynaTrader product. The ecosystem shows active development and real usage, with multiple partnerships including integration with SingularityNET's AI marketplace.

Token Distribution and Governance

The token distribution includes vesting schedules for team and early investors, with a significant portion allocated to community incentives and ecosystem development. The project maintains transparent documentation about token allocation and usage.

Technology and Revenue Model

The protocol generates revenue through fees from its DynaSet portfolios and DynaTrader services. These fees are collected in exchange for providing legitimate services rather than through interest-bearing mechanisms.

Crypto Impact

To assign a comfort level investing in SingularityDAO 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 SingularityDAO.

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