Trading GPT
Crypto Overview
Project Overview
Trading GPT (TGPT) is a cryptocurrency that aims to combine AI technology with cryptocurrency trading. The project claims to leverage artificial intelligence to provide trading insights and automated trading capabilities to its users.
Intended Purpose and Current Usage
The primary stated purpose of TGPT is to serve as a utility token within their ecosystem, powering AI-driven trading features and providing access to trading tools. The token is currently mainly used for trading on various exchanges.
Business Model Analysis
The project's business model revolves around providing AI-powered trading tools and insights. The token serves as the native currency for accessing these features. While trading assistance tools themselves are permissible from an Islamic perspective, the actual implementation appears to be primarily focused on facilitating token trading rather than delivering the promised AI capabilities.
Development and Platform Activity
The project shows limited technical development activity in terms of delivering its promised AI trading capabilities. The majority of activity appears to be centered around token trading and marketing efforts.
Token Distribution and Governance
The token distribution appears to follow standard practices, with allocations for development, marketing, and community incentives. There are basic vesting schedules in place for team tokens.
Crypto Impact
To assign a comfort level investing in Trading GPT 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 Trading GPT.
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.
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