Skillful AI

Halal Rating :
Comfortable
Last Price $0.037 Last updated:
Rank 1341
1D Change -0.57 %
Market Cap $7.34m
Circulating supply 200,134,039
Maximum supply None

Crypto Overview

Categories
  • AI & Big Data
  • Ethereum Ecosystem
  • AI Agents

Overview

Skillful AI (SKAI) is a cryptocurrency token created to support an AI-driven DeFi ecosystem. The project aims to integrate artificial intelligence with decentralized finance applications.

Purpose and Utility

The intended purpose of SKAI is to serve as a governance and utility token within its ecosystem. Token holders can participate in protocol governance decisions and access AI-powered DeFi features. However, upon investigation, there is limited publicly available information about specific use cases or technical details about how the AI integration functions.

Business Model Evaluation

The project's stated business model involves providing AI-enhanced DeFi services. While the general concept aligns with halal principles as it involves actual asset exchange and utility, the lack of detailed technical documentation makes it difficult to fully evaluate all aspects of the system.

Real-World Adoption

Current adoption appears to be primarily focused on trading activity rather than utility usage. There is limited evidence of active development or implementation of the promised AI features.

Development Activity

Public development activity is minimal, with limited updates to the project's technical infrastructure or documentation.

Token Distribution and Vesting

Information about token distribution and vesting schedules is not readily available in public documentation, making it difficult to assess the concentration of token ownership.

Crypto Impact

To assign a comfort level investing in Skillful 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 Skillful 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”.

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.

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