UTB.ai
Crypto Overview
Purpose and Utility
UTB.ai is a decentralized AI-powered blockchain platform that aims to integrate artificial intelligence with blockchain technology. The UTBAI token serves as the native utility token for the ecosystem, used for governance and access to AI services within the platform.
Business Model Analysis
The project's business model focuses on providing AI-enhanced blockchain services, which is inherently halal as it involves the exchange of real value and utility. There is no evidence of involvement in any prohibited activities such as gambling, interest-based lending, or adult content.
Real-World Adoption
While the project is still in its early stages, the platform has demonstrated initial traction with its AI services integration. The token has legitimate utility within its ecosystem for accessing AI-powered features and governance rights.
Development Activity
The project maintains an active development pipeline, with regular updates to their AI integration protocols. The team has been transparent about their development roadmap and progress.
Token Distribution
Token distribution appears reasonable, with appropriate vesting schedules for team members and early investors. There are no concerning patterns in token allocation that would suggest a scheme to enrich founders.
Revenue Model
The revenue model is based on providing legitimate AI services and platform utility, avoiding any interest-based mechanisms or prohibited activities under Islamic law.
Crypto Impact
To assign a comfort level investing in UTB.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 UTB.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.