Web-x-ai
Crypto Overview
Project Overview
Web-x-ai (WEB) is a cryptocurrency project that aims to combine blockchain technology with artificial intelligence. The project claims to develop AI-powered solutions for web3 applications.
Purpose and Utility
The stated purpose of WEB tokens is to serve as the native currency for the Web-x-ai ecosystem, facilitating transactions and providing governance rights to token holders. However, detailed documentation about specific use cases and technical implementation is limited.
Business Model Review
The project's business model appears to focus on creating AI-enhanced blockchain solutions. No apparent engagement in prohibited activities like interest-based lending or gambling has been identified.
Development Activity
Public information about the development team and their progress is limited. The project's GitHub repositories and technical documentation are not readily accessible.
Token Distribution
Information about token distribution and vesting schedules is not publicly available in sufficient detail to make a comprehensive assessment.
Current Usage
The token primarily sees trading activity on decentralized exchanges, with limited evidence of widespread adoption for its stated utility purposes.
Crypto Impact
To assign a comfort level investing in Web-x-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 Web-x-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.