SolGPT
Crypto Overview
Project Overview
SolGPT is a Solana-based cryptocurrency that aims to integrate AI capabilities with blockchain technology. It serves as a utility token within its ecosystem, primarily used for accessing AI-powered features and services.
Purpose and Utility
The stated purpose of SolGPT is to provide token holders with access to AI services and features within its ecosystem. The token is also used for governance voting on platform decisions.
Real-World Adoption
The project is in its early stages of development. While trading volume exists on decentralized exchanges, the practical implementation of its AI features is still in development.
Platform Development
The project maintains an active development presence on GitHub, with regular updates to its smart contracts and AI integration features. The team regularly communicates updates through their official channels.
Token Distribution
The token distribution includes allocations for development (20%), team (15%), marketing (10%), and public sale (55%). Team tokens are subject to a vesting period of 24 months with a 6-month cliff.
Revenue Model
The project generates revenue through fees from AI service usage, which is distributed to token holders who participate in governance. This model does not involve interest-based mechanisms or lending.
Crypto Impact
To assign a comfort level investing in SolGPT 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 SolGPT.
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.