Sleepless AI
Crypto Overview
Purpose and Utility
Sleepless AI (AI) is a cryptocurrency token launched in 2023 that aims to power an ecosystem of AI-powered tools and services. The project claims to focus on developing AI solutions for content creation, data analysis, and automation tasks.
Business Model Analysis
The project's core business model revolves around providing access to AI tools and services through their token. Users need to hold or spend AI tokens to access these services. The business model appears transparent and does not inherently involve any prohibited activities under Islamic law.
Real-World Adoption
The project is in its early stages, with limited real-world adoption so far. While the development team has released some initial AI tools, the ecosystem is still under development.
Platform Development
The development team maintains an active GitHub repository and regularly updates their community about technical progress. The project has a clear roadmap for implementing various AI-powered features and services.
Token Distribution and Governance
The token distribution includes allocations for development (20%), marketing (15%), team (15%), and public sale (50%). Team tokens are subject to a vesting period of 24 months with gradual unlocks.
Revenue Model
The project generates revenue through fees paid in AI tokens for accessing their AI services. This model does not involve interest-based lending or prohibited activities.
Crypto Impact
To assign a comfort level investing in Sleepless 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 Sleepless 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.
You can change your vote if you change your mind.