INTRODUCING ISLAMIC COIN($ISLM): A SHARIAH-COMPLAINT DIGITAL ASSET;
Any kind of money that exists digitally or virtually and uses cryptography to safeguard transactions is known as cryptocurrency, also referred to as crypto-currency or crypto. Cryptocurrencies use a decentralized mechanism to track transactions and create new units rather than a central body to issue or regulate them.
Cryptocurrency received its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers. Encryption aims to provide security and safety.
A distributed public ledger known as the blockchain, which is updated and maintained by currency holders, is the foundation of cryptocurrencies.
Through a process known as mining, which employs computer power to solve challenging mathematical problems, units of cryptocurrency (tokens like bitcoin, and Ethereum) are created. Additionally, users have the option of purchasing the currencies from brokers, then storing and spending them in digital wallets.
Away from this introduction given on the subject of cryptocurrency, I’ll love to introduce a digital asset supporting innovation and philanthropy. It is the governance and utility token of HAQQ- The Islamic Coin ($ISLM).
This article will take a critical look into the Islamic coin and why it’s a stand-out project.
ABOUT ISLAMIC COIN;
ISLAMICOIN is the largest Islamic technology project that utilizes blockchain technology, in addition to media, commercial, financial, entertainment, and charitable projects. The project aims to build an Islamic blockchain that helps achieve financial independence for individuals, companies, and charitable organizations in the global Islamic community in addition to building a Decentralized Autonomous Organization (DAO) that operates according to Islamic Sharia in its content and transactions. ISLAMICOIN is a halal cryptocurrency and is the key to growing this project worldwide
Islamic Coin: A financial Tool For Muslim Users Around The Globe
Islamic coin’s mission is to give the world’s Muslim community a financial instrument for the Digital Age that would enable seamless transactions and interaction while supporting innovation and philanthropy. With a finite total supply, Islamic Coin meets all criteria of a Halal asset.
Targeting 1.1 billion Muslim internet users worldwide, Islamic Coin has attracted the attention of leading figureheads in traditional and Islamic finance. In August 2022, Islamic Coin secured $200m during a private sale, beating all year’s records.
Islamic Coin Growth Prediction
Following the successful launch of each project proposed, especially ISLAMIBLOCKCHAIN, ISLAMICOIN is anticipated to have enormous growth potential in the upcoming years. Each ISLAMICOIN project also has a wide range of growth and international expansion opportunities. Future gains from these initiatives will go to investors, whether they be private persons or corporate entities. In the upcoming years, ISLAMICOIN and its cryptocurrency-related ventures and enterprises are anticipated to be worth billions of dollars, God willing.
Bait AL-Mal
The ISLAMICOIN team has allotted 5% of the total supply of ISLAMICOIN to Bait Al-Mal for charity purposes. The proportion distribution will take place gradually so as not to impact the price of ISLAMICOIN. The team will create a voting system so that ISLAMICOIN holders can participate and choose which charitable endeavors Bait Al-Mal will support.
Products/Projects Being Developed;
ISLAMICOIN has 7 significant projects where ISLAMICOIN, the halal cryptocurrency, is the primary payment method for 1- ISLAMeda, 2- ISLAMIwallet, 3- ISLAMIgame, 4- ISLAMImall, 5- ISLAMImetaverse, 6- ISLAMItravel, and 7- ISLAMIBLOCKCHAIN.
Some of these future projects will be converted into Decentralized Autonomous Organizations (DAOs), that ISLAMICOIN holders can contribute to and benefit from their profits while adhering to a transparent mechanism based on blockchain technology. This will allow each investor to view encrypted calculations and be provided with all the information regarding their investments.
Let me conclude by reminding us that by leveraging the power of the community, ISLAMIC COIN has the potential to rank among the most significant and valuable crypto assets. If 3–4% of online Muslims choose to keep Islamic Coin, it will become a bitcoin-scale crypto asset, generating a trillion dollars for its owners and $100 billion for the Evergreen DAO.
📌For more informations:
Join the Islamic Coin Communities;
Twitter:twitter.com/Islamic_Coin?t…
Telegram:t.me/islamiccoin_int
Website:islamiccoin.net
#Crypto #web3 #DeFi
