SingularityDAO

Halal Rating :
Comfortable
Contract: 0x993864e43caa7f7f12953ad6feb1d1ca635b875f
Last Price $0.062 Last updated:
Rank 1320
1D Change 4.55 %
Market Cap $5.11m
Circulating supply 82,733,204
Maximum supply 100,000,000

Crypto Overview

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

Purpose and Utility

SingularityDAO is a decentralized AI-powered portfolio management protocol built on Ethereum. The SDAO token serves as a governance token that allows holders to participate in protocol decisions and potentially benefit from revenue sharing. The platform uses artificial intelligence to manage DynaSets, which are tokenized portfolios of crypto assets.

Business Model Evaluation

The core business model revolves around providing AI-driven portfolio management services and DeFi solutions. The protocol generates revenue through management fees from DynaSets and other platform services. The fundamental business model appears to align with halal principles as it provides a legitimate service and doesn't inherently involve riba or gambling.

Real-World Adoption

The platform has demonstrated actual usage through its DynaSets and governance system. While adoption is still growing, there is evidence of real utility through active trading volumes and governance participation.

Platform Development

The project shows ongoing development activity with regular updates to its AI systems and platform features. The team maintains active GitHub repositories and regularly releases technical updates.

Token Distribution

The token distribution includes allocations for team members and early investors with standard vesting periods. While a significant portion is allocated to the team and advisors, the vesting schedules appear reasonable and designed to align long-term incentives.

Rating Justification

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