IslamicCoin
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#IslamicCoin , the currency of #HAQQ , a platform for creating a Shariah-compliant financial ecosystem, has entered into an agreement with #CoinDesk Indices. The cooperation is aimed at creating cryptocurrency indices for the Middle East and North Africa.
It will also allow CoinDesk Indices to be used in financial products. HAQQ will have access to the CoinDesk Indices API for its own digital exchange.
This collaboration promises to transform Shariah digital financial services in the context of a growing Islamic finance market projected to be worth over $3.69 trillion by 2024.
Mohammed AlKaff AlHashmi, founder of Islamic Coin, expressed enthusiasm: "This collaboration is shaping the landscape of Shariah digital financial services."
This initiative will facilitate the growth of blockchain financial services in the world of Islamic finance and supports the goals of financial inclusion in the region.
This collaboration between Islamic Coin and CoinDesk Indices has the potential to be a catalyst for the development of the decentralized Web3 in the region. It paves the way for the implementation of Shariah principles in digital assets and financial services, which could go a long way in supporting the adoption of blockchain technologies and cryptocurrencies in the Islamic financial sector.
Also, the development of Shariah-compliant cryptocurrency indices initiates the creation of new markets for trading and investment. This can increase liquidity and activity in the markets in the region and promote the development of cryptocurrency infrastructures.
#cryptoshark #Crypto2023
It will also allow CoinDesk Indices to be used in financial products. HAQQ will have access to the CoinDesk Indices API for its own digital exchange.
This collaboration promises to transform Shariah digital financial services in the context of a growing Islamic finance market projected to be worth over $3.69 trillion by 2024.
Mohammed AlKaff AlHashmi, founder of Islamic Coin, expressed enthusiasm: "This collaboration is shaping the landscape of Shariah digital financial services."
This initiative will facilitate the growth of blockchain financial services in the world of Islamic finance and supports the goals of financial inclusion in the region.
This collaboration between Islamic Coin and CoinDesk Indices has the potential to be a catalyst for the development of the decentralized Web3 in the region. It paves the way for the implementation of Shariah principles in digital assets and financial services, which could go a long way in supporting the adoption of blockchain technologies and cryptocurrencies in the Islamic financial sector.
Also, the development of Shariah-compliant cryptocurrency indices initiates the creation of new markets for trading and investment. This can increase liquidity and activity in the markets in the region and promote the development of cryptocurrency infrastructures.
#cryptoshark #Crypto2023
🌙#IslamicCoin Community, your opinions matter!🌟
As part of our ongoing efforts to align with Islamic values and better serve our community, we invite you to share your thoughts and ideas. Take our community survey to help us develop in harmony with our Islamic principles.
Dear community, we strive for purity in bringing the principles of Islamic finance to the web3 space and each of your opinions will be considered by the team. We are backed by your strong support, which is also backed by $400 million in #investments , some of which you can count on by participating in the project's activities. Do not pass by and take part in the development of a powerful Muslim project
Your feedback is invaluable. It's a step towards improving our community's experience while ensuring we stay true to our faith and values.
Islamic Coin and #HAQQ Team💚
👉Form for accepting applications in the comments ⏬
#BinanceWish #Crypto2023
$SEI $MOVR $SOL
As part of our ongoing efforts to align with Islamic values and better serve our community, we invite you to share your thoughts and ideas. Take our community survey to help us develop in harmony with our Islamic principles.
Dear community, we strive for purity in bringing the principles of Islamic finance to the web3 space and each of your opinions will be considered by the team. We are backed by your strong support, which is also backed by $400 million in #investments , some of which you can count on by participating in the project's activities. Do not pass by and take part in the development of a powerful Muslim project
Your feedback is invaluable. It's a step towards improving our community's experience while ensuring we stay true to our faith and values.
Islamic Coin and #HAQQ Team💚
👉Form for accepting applications in the comments ⏬
#BinanceWish #Crypto2023
$SEI $MOVR $SOL
🌐 A new player in the digital currency arena: #IslamicCoin , adhering to Sharia principles, combines ethics, technology, and finance. Its founder, Mohammed Al-Kaff Al-Hashmi, is recognized for his visionary approach and the implementation of a truly ethical blockchain ecosystem. Haqq is a leap into the future of digital finance, where ethics and technology harmoniously merge.
#Web3 #DeFi #Crypto2023 #BTC
#Web3 #DeFi #Crypto2023 #BTC
LIVEDyacon_frost
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Sharia-Compliant Islamic Coin: Pioneering Ethical Digital Finance
In an age characterized by digital revolutions and financial innovations, a new player is entering the global arena of digital currency: Sharia-compliant Islamic Coin. This novel asset represents a fusion of ethical values, cutting-edge technology, and fintech strategies, all in alignment with the principles of Islamic finance.
At the forefront of this groundbreaking concept is Mohammed AlKaff AlHashmi, the visionary founder of the project. With a focus on blockchain technology, finance, sustainability, and computer science, AlHashmi's ambitions reach beyond the introduction of just another cryptocurrency. His brainchild, Haqq, embodies an ethics-driven blockchain ecosystem - an unprecedented feat in the realm of digital currency.
Distinguishing itself through Sharia-compliant practices, Islamic Coin addresses the needs of the global Muslim community, numbering over 2 billion. It presents a genuinely Sharia-compliant approach to participating in the digital asset realm. A core feature of the Haqq blockchain is its emphasis on transparency and traceability; every transaction is securely recorded on a decentralized ledger, thereby adhering to Islamic finance principles.
The project thrives on strategic partnerships with financial institutions, educational endeavors like the Blockchain Academy, and innovations such as a Sharia-compliant digital identity system and intelligent contracts. These elements collectively empower individuals, promote financial inclusivity, and propel the evolution of Islamic finance in the digital age. Notably, the initiative's commitment to community impact is exemplified by the forthcoming launch of The Evergreen DAO, a non-profit virtual foundation focused on sustainable practices and societal contributions.
Islamic Coin extends beyond the bounds of the MENA and GCC regions, embracing cryptocurrency enthusiasts and novices across the globe. This venture presents an enticing opportunity for individuals who share Muslim ethics and values, including transparency, sustainability, and an interest-free lifestyle.
On September 1st, 2023, a significant milestone will be achieved as Islamic Coin officially launches on both centralized and decentralized exchanges. Anticipation and intrigue have been palpable within Islamic circles and traditional finance sectors in the lead-up to this event. Notably, Islamic Coin has garnered an impressive $400 million, underscoring its robust financial support and the scale of its operations, as well as investors' enthusiastic engagement. The project team has also unveiled ambitious plans and signed Memorandums of Understanding (MOUs) to drive its expansion.
The integration of Islamic ethics into the digital finance landscape is a concept whose time has arrived, and the excitement surrounding Islamic Coin is tangible. The project's promise lies in reshaping the digital currency arena, establishing new benchmarks in the fintech industry, and creating a future where ethics and digital finance harmoniously coexist.
This marks the dawn of a new epoch in digital finance - a future shaped by ethical financial paradigms, where ethics and technology seamlessly converge, and the heritage of the past harmonizes with the potential of the future.
To remain updated on the latest developments and announcements and witness the growth narrative unfold, follow Islamic Coin on Twitter.
#IslamicCoin #Web3 #DeFi #Crypto2023 #BTC
At the forefront of this groundbreaking concept is Mohammed AlKaff AlHashmi, the visionary founder of the project. With a focus on blockchain technology, finance, sustainability, and computer science, AlHashmi's ambitions reach beyond the introduction of just another cryptocurrency. His brainchild, Haqq, embodies an ethics-driven blockchain ecosystem - an unprecedented feat in the realm of digital currency.
Distinguishing itself through Sharia-compliant practices, Islamic Coin addresses the needs of the global Muslim community, numbering over 2 billion. It presents a genuinely Sharia-compliant approach to participating in the digital asset realm. A core feature of the Haqq blockchain is its emphasis on transparency and traceability; every transaction is securely recorded on a decentralized ledger, thereby adhering to Islamic finance principles.
The project thrives on strategic partnerships with financial institutions, educational endeavors like the Blockchain Academy, and innovations such as a Sharia-compliant digital identity system and intelligent contracts. These elements collectively empower individuals, promote financial inclusivity, and propel the evolution of Islamic finance in the digital age. Notably, the initiative's commitment to community impact is exemplified by the forthcoming launch of The Evergreen DAO, a non-profit virtual foundation focused on sustainable practices and societal contributions.
Islamic Coin extends beyond the bounds of the MENA and GCC regions, embracing cryptocurrency enthusiasts and novices across the globe. This venture presents an enticing opportunity for individuals who share Muslim ethics and values, including transparency, sustainability, and an interest-free lifestyle.
On September 1st, 2023, a significant milestone will be achieved as Islamic Coin officially launches on both centralized and decentralized exchanges. Anticipation and intrigue have been palpable within Islamic circles and traditional finance sectors in the lead-up to this event. Notably, Islamic Coin has garnered an impressive $400 million, underscoring its robust financial support and the scale of its operations, as well as investors' enthusiastic engagement. The project team has also unveiled ambitious plans and signed Memorandums of Understanding (MOUs) to drive its expansion.
The integration of Islamic ethics into the digital finance landscape is a concept whose time has arrived, and the excitement surrounding Islamic Coin is tangible. The project's promise lies in reshaping the digital currency arena, establishing new benchmarks in the fintech industry, and creating a future where ethics and digital finance harmoniously coexist.
This marks the dawn of a new epoch in digital finance - a future shaped by ethical financial paradigms, where ethics and technology seamlessly converge, and the heritage of the past harmonizes with the potential of the future.
To remain updated on the latest developments and announcements and witness the growth narrative unfold, follow Islamic Coin on Twitter.
#IslamicCoin #Web3 #DeFi #Crypto2023 #BTC
Let's look at the HAQQ network Ecosystem landscape
#HAQQ Ecosystem Update.
Haqq and Islamic Coin mission is to build an ethics-first, inclusive financial system, and we are thrilled by how much our tribe has grown.
From wallets to infrastructure and payment platforms, a sneak peek into what the partners/builders are cooking for our users.
✅Infrastructure:
🔷Back9 make it easy for leisure facilities to sell online, manage inventory and control rates through a modern.
🔷@tatum_io is the fastest way to build, test and run blockchain apps.
🔷@immunefi Review code. Prevent hacks. Build rep. Get paid.
🔷@P2Pvalidator P2P helps investors compound their cryptocurrency investments through non-custodial Staking with insurance and high-performance PoS Nodes with top-of-the-line infrastructure.
🔷@nefta_io access market leading tools for game development, publishing, and scaling.
🔷@gmo_coin GMO Coin, one of the oldest and largest crypto exchanges in, is set to become a HAQQ validator. HAQQ benefits in increased network security. GMO Coin can expand its presence in the ethical finance economy
✅Wallets:
🔷@safe – Previously Gnosis Safe – Crypto wallet, web3 account abstraction developer stack.
🔷@KeystoneWallet - The only hardware wallet integrated with MetaMask mobile.
DeFi:
🔷@SushiSwap an open, decentralized bridge that unlocks the power of interoperability & liquidity between blockchain ecosystems.
🔷@HaqqPad, the launchpad for ethical projects and startups. A vital part of the HAQQ ecosystem, HaqqPad will be the platform for innovative crypto projects to launch, grow and positively impact their communities.
✅Bridge:
🔷@axelarcore supports logic to automate complex interchain tasks, such as connecting new chains or managing interchain dApp deployments.
🔷@gravity_bridge an open, decentralized bridge that unlocks the power of interoperability & liquidity between blockchain ecosystems
✅Service:
🔷@HolidaySwapApp is the most affordable travel platform that allows you to book, host or swap homes anywhere in the world.
🔷@Thea helps both individuals and businesses manage and calculate carbon footprints. Eco-friendliness is a core aspect of HAQQ's ethics-first approach, and we are thrilled to have Thea build with us.
✅Institutional:
🔷DDCAP Group is a market intermediary and financial technology solutions provider connecting the global Islamic financial market.
🔷FAMBRAS HALAL - Сertifies Halal products in Latin America, following international standards.
✅Payments:
🔷@pyypl is a non-bank digital app that gives everyone access to the financial system through a smartphone.
#IslamicCoin #Binance #Ethereum #BTC
Haqq and Islamic Coin mission is to build an ethics-first, inclusive financial system, and we are thrilled by how much our tribe has grown.
From wallets to infrastructure and payment platforms, a sneak peek into what the partners/builders are cooking for our users.
✅Infrastructure:
🔷Back9 make it easy for leisure facilities to sell online, manage inventory and control rates through a modern.
🔷@tatum_io is the fastest way to build, test and run blockchain apps.
🔷@immunefi Review code. Prevent hacks. Build rep. Get paid.
🔷@P2Pvalidator P2P helps investors compound their cryptocurrency investments through non-custodial Staking with insurance and high-performance PoS Nodes with top-of-the-line infrastructure.
🔷@nefta_io access market leading tools for game development, publishing, and scaling.
🔷@gmo_coin GMO Coin, one of the oldest and largest crypto exchanges in, is set to become a HAQQ validator. HAQQ benefits in increased network security. GMO Coin can expand its presence in the ethical finance economy
✅Wallets:
🔷@safe – Previously Gnosis Safe – Crypto wallet, web3 account abstraction developer stack.
🔷@KeystoneWallet - The only hardware wallet integrated with MetaMask mobile.
DeFi:
🔷@SushiSwap an open, decentralized bridge that unlocks the power of interoperability & liquidity between blockchain ecosystems.
🔷@HaqqPad, the launchpad for ethical projects and startups. A vital part of the HAQQ ecosystem, HaqqPad will be the platform for innovative crypto projects to launch, grow and positively impact their communities.
✅Bridge:
🔷@axelarcore supports logic to automate complex interchain tasks, such as connecting new chains or managing interchain dApp deployments.
🔷@gravity_bridge an open, decentralized bridge that unlocks the power of interoperability & liquidity between blockchain ecosystems
✅Service:
🔷@HolidaySwapApp is the most affordable travel platform that allows you to book, host or swap homes anywhere in the world.
🔷@Thea helps both individuals and businesses manage and calculate carbon footprints. Eco-friendliness is a core aspect of HAQQ's ethics-first approach, and we are thrilled to have Thea build with us.
✅Institutional:
🔷DDCAP Group is a market intermediary and financial technology solutions provider connecting the global Islamic financial market.
🔷FAMBRAS HALAL - Сertifies Halal products in Latin America, following international standards.
✅Payments:
🔷@pyypl is a non-bank digital app that gives everyone access to the financial system through a smartphone.
#IslamicCoin #Binance #Ethereum #BTC
What is Islamic Coin and What is it Used for?
Islamic Coin (ISLM) is a Sharia-compliant digital currency, set to be released on September 01, 2023. The creators of the coin have the goal of revolutionising Islamic finance. In this article, we will explain what that means and what the cryptocurrency will be used for, and the hurdles it could be facing. We will also look at the potential of its reach — if it appeals to the estimated 2 billion Muslims in the world, sheer numbers may tip this cryptocurrency into a leading proposition. But will it be accepted by those who it is built to appeal to?
As of July 2023, Islamic Coin has raised US$400m (AU$580.8m) in funding. While this mammoth investment does not guarantee success, it does put it into the category of a cryptocurrency worth watching.
Introduction to Islamic Coin (ISLM)
According to CoinMarketCap, there are around 22,932 cryptocurrencies in the world, however many of these are “dead’ or forgotten about. Just over 8000 cryptocurrencies are active. As a new crypto, Islamic Coin is late to the game and needs a unique selling point. And, it seems to have one.
Islamic coin was developed to cater specifically to the values of practising Muslims. This is potentially a huge market, estimated to be anything from 1.2b to 2b worldwide.
#IslamicCoin (ISLM) is a digital currency that adheres to the principles of Sharia law. This makes it the first Sharia-compliant cryptocurrency.
It is set to go on sale on the 1st of September, and the company issuing it, the Haqq Blockchain, will use the US$400m in funding to launch it across the Middle East and North Africa (MENA) region.
Binance also have listed information on their website about the coin. https://www.binance.com/en/feed/post/472295
What does Sharia-compliant mean?
To be Sharia compliant means sticking to principles in Islamic law. But what does that mean in terms of finances?
-Islamic principles prohibit the charging or payment of interest. Rather, it promotes profit-sharing or risk-sharing arrangements.
-Engaging in uncertain transactions is not allowed. Contracts should have clear terms and conditions, and everyone involved should have a good understanding of the potential outcomes.
-Activities that resemble gambling or speculation are not allowed, if gains are based on chance rather than genuine trade.
-Funding of concepts that are forbidden in Islam are also not allowed (alcohol, gambling, pork, and unethical business practices).
-Businesses must be socially responsible and good for the well-being of society and the environment.
-Transactions should be backed by tangible assets.
-Excessive risk-taking is discouraged.
-A percentage of profits must go towards charitable endeavours.
Sharia-compliant finance is an alternative financial system that upholds Islamic values while providing a range of financial services. It is these principles that Islamic Coin hopes to ride upon when it sells its cryptocurrency.
This makes sense in theory. But what about in practice? Recent studies suggest people are loosening their ties to Islam in some parts of the Middle East, especially in countries such as Iran. And, especially if they are young. So is being Shariah-compliant going to be enough to make this coin popular?
Expert opinion
The Australian National University’s expert on Islamic Finance is Dr Anas Iqtait. “I posit that for it to gain traction, it needs to prove its significant utility. Like Bitcoin, the appeal of Islamic Coin won’t necessarily be boosted by their alignment with Islamic law. It’s an added advantage, but not a defining one.”
Dr Iqtait doesn’t question the potential benefits and practicality of the Islamic coin or the founders’ vision. “I acknowledge that the crypto sector, though still in its nascent stage, holds immense potential for growth and consolidation by 2030. It’s vital for the Middle East to take a leading role in harnessing the innovative and economic potential of this burgeoning sector.”
Eli Taranto is a finance industry executive based in the United Arab Emirates. His personal opinion (independent of his professional life) is that he is in support of Islamic Coin. “My personal view is the community is not your typical crypto audience — it has already grown to over 1 million. It went from minimum viable product (MVP) to fully fledged platform pretty quick. It has an interesting team and a much-needed ethics-driven approach. The coin may be a hedge against other cryptos as well.”
The Haqq Blockchain and proof-of-stake mining
ISLM operates on the Haqq blockchain, which they say is an “ethical Web3”, designed to be autonomous, immutable, and independent. The blockchain is built on the concept of proof-of-stake (PoS) mining, so that Islamic Coin is decentralised. PoS mining makes sure that energy consumption is low, compared to Bitcoin’s proof-of-work method.
According to the ISLM whitepaper, there will be a final total of 100 billion tokens. The initial release (which they call the genesis block of Islamic Coin), has 20 billion tokens. There will be a gradual reduction in new coins being created over time, and production will stop once the total hits 100 billion tokens. This, according to the white paper, will create scarcity, value, and prevent excessive inflation.
Every two years, known as an Era, the emission rate (new coins being created and released) will decrease by 5%, until it stops at 100 billion. It is estimated that this will happen 100 years from the first block of the first Era.
Islamic Coin: Conclusion
Islamic Coin could represent a groundbreaking development in the crypto space. A Sharia-compliant digital currency that matches the requirements of practising Muslims might just get the cut-through needed to be the next big crypto.
However, not all Muslims agree with its principles, and not all Muslim authorities agree with the fatwa. These sentiments could affect its uptake. Also, the coin will need to compete with well-established Islamic financial systems and institutions that already adhere to Sharia principles.
ISLM Co-Founder Mohammed Alkaff said in a statement, “We are proud to build and deliver a Sharia-compliant, immutable, independent financial system that serves the Muslim community and beyond. A pillar of stability, intertwined with values that are future-proof in a changing world.”
By Q4 2023, the project says it will have integrated 20 payment firms in the Middle East and North Africa (MENA) region.
Will Islamic Coin usurp Bitcoin as the biggest crypto? Or will anonymity be the end result, just like a bucket tonne of other crypto hopefuls?
Find more: https://islamiccoin.net/
As of July 2023, Islamic Coin has raised US$400m (AU$580.8m) in funding. While this mammoth investment does not guarantee success, it does put it into the category of a cryptocurrency worth watching.
Introduction to Islamic Coin (ISLM)
According to CoinMarketCap, there are around 22,932 cryptocurrencies in the world, however many of these are “dead’ or forgotten about. Just over 8000 cryptocurrencies are active. As a new crypto, Islamic Coin is late to the game and needs a unique selling point. And, it seems to have one.
Islamic coin was developed to cater specifically to the values of practising Muslims. This is potentially a huge market, estimated to be anything from 1.2b to 2b worldwide.
#IslamicCoin (ISLM) is a digital currency that adheres to the principles of Sharia law. This makes it the first Sharia-compliant cryptocurrency.
It is set to go on sale on the 1st of September, and the company issuing it, the Haqq Blockchain, will use the US$400m in funding to launch it across the Middle East and North Africa (MENA) region.
Binance also have listed information on their website about the coin. https://www.binance.com/en/feed/post/472295
What does Sharia-compliant mean?
To be Sharia compliant means sticking to principles in Islamic law. But what does that mean in terms of finances?
-Islamic principles prohibit the charging or payment of interest. Rather, it promotes profit-sharing or risk-sharing arrangements.
-Engaging in uncertain transactions is not allowed. Contracts should have clear terms and conditions, and everyone involved should have a good understanding of the potential outcomes.
-Activities that resemble gambling or speculation are not allowed, if gains are based on chance rather than genuine trade.
-Funding of concepts that are forbidden in Islam are also not allowed (alcohol, gambling, pork, and unethical business practices).
-Businesses must be socially responsible and good for the well-being of society and the environment.
-Transactions should be backed by tangible assets.
-Excessive risk-taking is discouraged.
-A percentage of profits must go towards charitable endeavours.
Sharia-compliant finance is an alternative financial system that upholds Islamic values while providing a range of financial services. It is these principles that Islamic Coin hopes to ride upon when it sells its cryptocurrency.
This makes sense in theory. But what about in practice? Recent studies suggest people are loosening their ties to Islam in some parts of the Middle East, especially in countries such as Iran. And, especially if they are young. So is being Shariah-compliant going to be enough to make this coin popular?
Expert opinion
The Australian National University’s expert on Islamic Finance is Dr Anas Iqtait. “I posit that for it to gain traction, it needs to prove its significant utility. Like Bitcoin, the appeal of Islamic Coin won’t necessarily be boosted by their alignment with Islamic law. It’s an added advantage, but not a defining one.”
Dr Iqtait doesn’t question the potential benefits and practicality of the Islamic coin or the founders’ vision. “I acknowledge that the crypto sector, though still in its nascent stage, holds immense potential for growth and consolidation by 2030. It’s vital for the Middle East to take a leading role in harnessing the innovative and economic potential of this burgeoning sector.”
Eli Taranto is a finance industry executive based in the United Arab Emirates. His personal opinion (independent of his professional life) is that he is in support of Islamic Coin. “My personal view is the community is not your typical crypto audience — it has already grown to over 1 million. It went from minimum viable product (MVP) to fully fledged platform pretty quick. It has an interesting team and a much-needed ethics-driven approach. The coin may be a hedge against other cryptos as well.”
The Haqq Blockchain and proof-of-stake mining
ISLM operates on the Haqq blockchain, which they say is an “ethical Web3”, designed to be autonomous, immutable, and independent. The blockchain is built on the concept of proof-of-stake (PoS) mining, so that Islamic Coin is decentralised. PoS mining makes sure that energy consumption is low, compared to Bitcoin’s proof-of-work method.
According to the ISLM whitepaper, there will be a final total of 100 billion tokens. The initial release (which they call the genesis block of Islamic Coin), has 20 billion tokens. There will be a gradual reduction in new coins being created over time, and production will stop once the total hits 100 billion tokens. This, according to the white paper, will create scarcity, value, and prevent excessive inflation.
Every two years, known as an Era, the emission rate (new coins being created and released) will decrease by 5%, until it stops at 100 billion. It is estimated that this will happen 100 years from the first block of the first Era.
Islamic Coin: Conclusion
Islamic Coin could represent a groundbreaking development in the crypto space. A Sharia-compliant digital currency that matches the requirements of practising Muslims might just get the cut-through needed to be the next big crypto.
However, not all Muslims agree with its principles, and not all Muslim authorities agree with the fatwa. These sentiments could affect its uptake. Also, the coin will need to compete with well-established Islamic financial systems and institutions that already adhere to Sharia principles.
ISLM Co-Founder Mohammed Alkaff said in a statement, “We are proud to build and deliver a Sharia-compliant, immutable, independent financial system that serves the Muslim community and beyond. A pillar of stability, intertwined with values that are future-proof in a changing world.”
By Q4 2023, the project says it will have integrated 20 payment firms in the Middle East and North Africa (MENA) region.
Will Islamic Coin usurp Bitcoin as the biggest crypto? Or will anonymity be the end result, just like a bucket tonne of other crypto hopefuls?
Find more: https://islamiccoin.net/
The HAQQ Expedition: Join the Voyage through Ethical Finance with Islamic Coin.
We welcome our community to embark on the first wave of our learning challenges across the HAQQ Network and our partner platforms. Islamic Coin is centered on constant improvement, intertwining advanced tech and Islamic finance principles.
From its inception in 2022, we have aimed to fulfill our promise of sustainability, security, and adherence to Islamic financial norms. Our network's successful transition to a Proof of Stake consensus mechanism marks a major milestone toward these goals. Let's continue this voyage together.
What is the HAQQ Expedition?
This is a journey for users to explore the boundless potential of a Shariah-compliant blockchain network. The expedition includes challenges and opportunities to delve into the HAQQ ecosystem, earn points, and learn about our initiatives.
Why Join the Expedition?
The HAQQ Expedition is primarily about expanding the adoption and community of our network. This is a chance for the broader Web3 community to participate in the initiative of promoting ethical finance. Creating a more ethical and sustainable financial ecosystem is a collective effort.
Expedition Structure:
The Islamic Coin team will alternate between weeks of on-chain and off-chain activities, introducing challenges over the next few months on platforms like Galxe and Guild.xyz.
Why Participate?
The HAQQ Expedition is an opportunity to dive into ethical finance within the blockchain. Participants can engage in various "waves" or stages, undertake tasks, earn points, and strengthen their standing in the HAQQ community.
Your efforts significantly contribute to the growth of the HAQQ ecosystem and ethical finance in the blockchain space. You can also earn an opportunity to become an ambassador of Islamic Coin and gain roles that will give you extra perks and exclusive Guild PinS.
Stay tuned for more details on the campaign and rewards.
Islamic Coin & HAQQ Expedition Check-list:
Keep watching Islamic Coin channels, and don’t miss the challenges of the expedition 🔰
To give you an idea, here are some examples that will be qualified and contribute to the overall score:
Download and Сreate HAQQ Wallet: https://haqq.network/wallet
Off-Chain Activities:
Social Media Engagement:
Follow Islamic Coin and HAQQ on Twitter, Discord, Telegram Channel, Telegram Group Chat, Instagram, Galxe, Medium, and YouTube.
Like and retweet all our Twitter posts, react to all our Medium articles, and like our Instagram posts.
Maintain weekly engagement on Discord/Telegram with at least 50 meaningful messages (Spamming will not be tolerated).
Participation in Activities:
Join in weekly activities on the Islamic Coin Telegram group chat and Discord.
Take part in Islamic Coin activities on Galxe and Guild.
Ambassadorship and Loyalty:
Strive to become an Ambassador of Islamic Coin.
Join the ranks of the Islamic Coin Maxi: Add ‘$ISLM Maxi’ to your Twitter bio and (💚,🌙) to your Twitter name.
OATs and Guild Membership:
Accumulate and hold as many Islamic Coin OATs on Galxe as possible.
Join the Islamic Coin Guild on Guild.xyz.
Additional Resources:
Mint our articles on mirror.xyz.
[TestEdge2] On-Chain Activities:
Tokens and Transactions:
Claim your share of TestEdge2 $ISLM tokens using our faucets in Discord and Telegram.
Perform more than 10 transactions on the Testnet.
Stake any amount of $ISLM.
Network Participation:
Consider becoming a Validator of the HAQQ Network.
Participate in voting on governance proposals.
[Mainnet] On-Chain Activities:
Tokens and Transactions:
Claim your mainnet ISLM using our faucets in Discord and Telegram.
Perform more than 10 transactions on the Mainnet.
Islamic Coin is a native currency of Haqq, a community-run network dedicated to empowering an ethics-first Shariah-compliant financial ecosystem.
Find more:
In comments
#Crypto2023 #airdrop #Web3 #DeFi #IslamicCoin
From its inception in 2022, we have aimed to fulfill our promise of sustainability, security, and adherence to Islamic financial norms. Our network's successful transition to a Proof of Stake consensus mechanism marks a major milestone toward these goals. Let's continue this voyage together.
What is the HAQQ Expedition?
This is a journey for users to explore the boundless potential of a Shariah-compliant blockchain network. The expedition includes challenges and opportunities to delve into the HAQQ ecosystem, earn points, and learn about our initiatives.
Why Join the Expedition?
The HAQQ Expedition is primarily about expanding the adoption and community of our network. This is a chance for the broader Web3 community to participate in the initiative of promoting ethical finance. Creating a more ethical and sustainable financial ecosystem is a collective effort.
Expedition Structure:
The Islamic Coin team will alternate between weeks of on-chain and off-chain activities, introducing challenges over the next few months on platforms like Galxe and Guild.xyz.
Why Participate?
The HAQQ Expedition is an opportunity to dive into ethical finance within the blockchain. Participants can engage in various "waves" or stages, undertake tasks, earn points, and strengthen their standing in the HAQQ community.
Your efforts significantly contribute to the growth of the HAQQ ecosystem and ethical finance in the blockchain space. You can also earn an opportunity to become an ambassador of Islamic Coin and gain roles that will give you extra perks and exclusive Guild PinS.
Stay tuned for more details on the campaign and rewards.
Islamic Coin & HAQQ Expedition Check-list:
Keep watching Islamic Coin channels, and don’t miss the challenges of the expedition 🔰
To give you an idea, here are some examples that will be qualified and contribute to the overall score:
Download and Сreate HAQQ Wallet: https://haqq.network/wallet
Off-Chain Activities:
Social Media Engagement:
Follow Islamic Coin and HAQQ on Twitter, Discord, Telegram Channel, Telegram Group Chat, Instagram, Galxe, Medium, and YouTube.
Like and retweet all our Twitter posts, react to all our Medium articles, and like our Instagram posts.
Maintain weekly engagement on Discord/Telegram with at least 50 meaningful messages (Spamming will not be tolerated).
Participation in Activities:
Join in weekly activities on the Islamic Coin Telegram group chat and Discord.
Take part in Islamic Coin activities on Galxe and Guild.
Ambassadorship and Loyalty:
Strive to become an Ambassador of Islamic Coin.
Join the ranks of the Islamic Coin Maxi: Add ‘$ISLM Maxi’ to your Twitter bio and (💚,🌙) to your Twitter name.
OATs and Guild Membership:
Accumulate and hold as many Islamic Coin OATs on Galxe as possible.
Join the Islamic Coin Guild on Guild.xyz.
Additional Resources:
Mint our articles on mirror.xyz.
[TestEdge2] On-Chain Activities:
Tokens and Transactions:
Claim your share of TestEdge2 $ISLM tokens using our faucets in Discord and Telegram.
Perform more than 10 transactions on the Testnet.
Stake any amount of $ISLM.
Network Participation:
Consider becoming a Validator of the HAQQ Network.
Participate in voting on governance proposals.
[Mainnet] On-Chain Activities:
Tokens and Transactions:
Claim your mainnet ISLM using our faucets in Discord and Telegram.
Perform more than 10 transactions on the Mainnet.
Islamic Coin is a native currency of Haqq, a community-run network dedicated to empowering an ethics-first Shariah-compliant financial ecosystem.
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In comments
#Crypto2023 #airdrop #Web3 #DeFi #IslamicCoin
What Islamic Coin is?
It is built on Haqq – its dedicated Islamic #blockchain . Meaning “Truth”, Haqq stringently abides by Islamic views and traditions on finance. Haqq is a scalable, high-throughput Proof-of-Stake blockchain that is fully compatible and interoperable with #Ethereum
It's built using the #Cosmos SDK which runs on top of Tendermint Core consensus engine.
$ISLM is the native currency of Haqq Network.
It's used for payments, governance, paying transaction fees and staking. ISLM is Shariah-compliant digital money, designed to create value for the World’s Muslim community.
ISLM can't be arbitrarily ‘printed’ and thus devalued. It’s also impossible to cause arbitrary deflation through a rise of the Central Bank’s interest rate (key rate) – since there is no interest rate within the system.
Islamic Coin’s price is determined solely by the market and thus always fair. #IslamicCoin may only be minted (issued) by those who contribute work and investment – validators and stakers of the network at a predetermined announced rate.
Unlike fiduciary money, Islamic Coin is not operated by the banks whose main business is to earn profit by charging interest. Paying or charging interest is forbidden in Islam.
Each time a new ISLM is minted, 10% of the issued amount is deposited into a special Evergreen DAO for further investment into Islamic internet projects or given to Islamic charities. This is the first introduction of a coin bringing direct economic value to a community.
The Evergreen DAO is a non-profit virtual foundation focused on long term sustainability and community impact. It effectively works as a crypto endowment.
Evergreen DAO also may fund activities necessary for the Haqq network operations and development. Key decisions are made by a council that consists of the top 5 validators of Haqq blockchain.
#Crypto2023
It's built using the #Cosmos SDK which runs on top of Tendermint Core consensus engine.
$ISLM is the native currency of Haqq Network.
It's used for payments, governance, paying transaction fees and staking. ISLM is Shariah-compliant digital money, designed to create value for the World’s Muslim community.
ISLM can't be arbitrarily ‘printed’ and thus devalued. It’s also impossible to cause arbitrary deflation through a rise of the Central Bank’s interest rate (key rate) – since there is no interest rate within the system.
Islamic Coin’s price is determined solely by the market and thus always fair. #IslamicCoin may only be minted (issued) by those who contribute work and investment – validators and stakers of the network at a predetermined announced rate.
Unlike fiduciary money, Islamic Coin is not operated by the banks whose main business is to earn profit by charging interest. Paying or charging interest is forbidden in Islam.
Each time a new ISLM is minted, 10% of the issued amount is deposited into a special Evergreen DAO for further investment into Islamic internet projects or given to Islamic charities. This is the first introduction of a coin bringing direct economic value to a community.
The Evergreen DAO is a non-profit virtual foundation focused on long term sustainability and community impact. It effectively works as a crypto endowment.
Evergreen DAO also may fund activities necessary for the Haqq network operations and development. Key decisions are made by a council that consists of the top 5 validators of Haqq blockchain.
#Crypto2023
Blockchain technology has injected a new dynamic into Istanbul as it hosts the eagerly awaited #IstanbulBlockchainWeek from August 22nd to 23rd. This year's edition of the event serves as a meeting ground for #DeFi enthusiasts and pioneers in the cryptocurrency world. HAQQ, the title sponsor of the event, and its native token, #IslamicCoin , stand as an embodiment of tradition and modernity, bringing ethical finance principles into the spotlight within the realm of decentralized finance.
Istanbul, renowned for its rich history and strategic importance, has always been a hub of innovation. Its progressive stance on DeFi and substantial adoption of cryptocurrencies reflect a forward-thinking ethos that extends beyond mere trends.
HAQQ's prominent presence at the event underlines its dedication to ethical finance. Beyond being a simple blockchain, HAQQ represents a vision that marries ethical finance principles with cutting-edge decentralized technology. At the heart of this vision lies Islamic Coin, a beacon of Shariah-compliant digital currency that resonates with contemporary times.
Switching gears, HAQQ's impact on the gaming industry is equally transformative. HAQQ's blockchain architecture offers game developers a streamlined approach to creating ethical games. By aligning with Ethereum's Proof of Stake network compatibility, HAQQ facilitates the development of games through familiar tools. This compatibility ensures that developers accustomed to #Ethereum ecosystem can seamlessly transition to HAQQ without unnecessary complexity.
Ethical #gaming is a burgeoning segment, and HAQQ is spearheading Shariah-compliant gaming opportunities. The platform's growth is an invitation for developers to tap into this underserved market, addressing the need for morally grounded games. As the HAQQ platform evolves, it initiates a digital transformation, reshaping the synergy between gaming and ethics.
Istanbul, renowned for its rich history and strategic importance, has always been a hub of innovation. Its progressive stance on DeFi and substantial adoption of cryptocurrencies reflect a forward-thinking ethos that extends beyond mere trends.
HAQQ's prominent presence at the event underlines its dedication to ethical finance. Beyond being a simple blockchain, HAQQ represents a vision that marries ethical finance principles with cutting-edge decentralized technology. At the heart of this vision lies Islamic Coin, a beacon of Shariah-compliant digital currency that resonates with contemporary times.
Switching gears, HAQQ's impact on the gaming industry is equally transformative. HAQQ's blockchain architecture offers game developers a streamlined approach to creating ethical games. By aligning with Ethereum's Proof of Stake network compatibility, HAQQ facilitates the development of games through familiar tools. This compatibility ensures that developers accustomed to #Ethereum ecosystem can seamlessly transition to HAQQ without unnecessary complexity.
Ethical #gaming is a burgeoning segment, and HAQQ is spearheading Shariah-compliant gaming opportunities. The platform's growth is an invitation for developers to tap into this underserved market, addressing the need for morally grounded games. As the HAQQ platform evolves, it initiates a digital transformation, reshaping the synergy between gaming and ethics.
Dear friends, I am happy to share some exciting news with you! Today I am introducing Haqq Labs - an initiative that brings together innovation, ethics and Shariah in the world of Web3 technologies. 🌐Don't let the word "Shariah" in the previous paragraph scare you. If you get to know it better, you will see the clear advantages of this way of perceiving reality, but I suggest leaving philosophical and theological topics aside and moving on to the purpose of this organization - to develop and support projects that not only transform industries but also adhere to high ethical standards. I hope that the future of technology should be full of innovation and ethics.The Haqq Labs initiative covers a wide range of industries, including the decentralized financial system, NFT , web3 infrastructure, payment solutions, , and the gambling industry ( ).What is special about Haqq Labs?🤝 Comprehensive support at every stage of project development.🌟 Commitment to ethics and Shariah - the team supports projects that adhere to both ethical standards and Shariah principles.A thriving ecosystem with extended support from an experienced team.Haqq Labs' future plans include creating cohorts of projects, collaborating with universities, and developing the ecosystem to ensure the integration of innovation, talent, and resources.Join initiative and apply for our $40 million grant program Haqq Labs is where Web3's ethical innovations find a home. Join us and build the future of technology together! 🌍
Hey fellow blockchain enthusiasts! I recently came across the HAQQ Explorer, and I've got to say, it's a game-changer for anyone interested in the world of blockchain. 🚀
What's HAQQ Explorer, you ask? Well, it's like the Google of blockchains.It lets you dig deep into the HAQQ blockchain, with some impressive stats to back it up:
📊 Over 10 million transactions
👛 2.5 million+ wallet addresses
🔗 130,000+ blocks
With HAQQ Explorer, you can:
🔍 Monitor transactions in real-time
📊 Check wallet balances
📜 Verify smart contract details
Transparency is the name of the game here. Whether you want to confirm a transaction, check a wallet balance, or inspect a smart contract, HAQQ Explorer has your back.
Why is this important? Because in the world of blockchain, trust but verify is key. You can easily verify activities in smart contracts, see when they were deployed, and so much more.
HAQQ recently hit a huge milestone with 2.5 million wallet addresses, and they're adding new blocks to their network every 5.7 seconds. Impressive, right? ⏱️
If you want to dive into the world of HAQQ Explorer, check it out at explorer.haqq.network. It's a fascinating journey into the heart of the blockchain! 💎
#IslamicCoin #HAQQ #xrp #etf #trading
What's HAQQ Explorer, you ask? Well, it's like the Google of blockchains.It lets you dig deep into the HAQQ blockchain, with some impressive stats to back it up:
📊 Over 10 million transactions
👛 2.5 million+ wallet addresses
🔗 130,000+ blocks
With HAQQ Explorer, you can:
🔍 Monitor transactions in real-time
📊 Check wallet balances
📜 Verify smart contract details
Transparency is the name of the game here. Whether you want to confirm a transaction, check a wallet balance, or inspect a smart contract, HAQQ Explorer has your back.
Why is this important? Because in the world of blockchain, trust but verify is key. You can easily verify activities in smart contracts, see when they were deployed, and so much more.
HAQQ recently hit a huge milestone with 2.5 million wallet addresses, and they're adding new blocks to their network every 5.7 seconds. Impressive, right? ⏱️
If you want to dive into the world of HAQQ Explorer, check it out at explorer.haqq.network. It's a fascinating journey into the heart of the blockchain! 💎
#IslamicCoin #HAQQ #xrp #etf #trading
Islamic Coin: Pioneering the Future of Ethical Finance
Discover the fusion of crypto innovation and Islamic tradition with Islamic Coin! 🚀 Their Shariah-compliant products offer interest-free investments, halal trading, charitable giving, and more. Embrace the power to honor traditions while riding the crypto revolution wave. 🌐📈
#IslamicCoin #CryptoInnovation #BTC #ETH #etf
$BTC $ETH $SOL
Discover the fusion of crypto innovation and Islamic tradition with Islamic Coin! 🚀 Their Shariah-compliant products offer interest-free investments, halal trading, charitable giving, and more. Embrace the power to honor traditions while riding the crypto revolution wave. 🌐📈
#IslamicCoin #CryptoInnovation #BTC #ETH #etf
$BTC $ETH $SOL
#HAQQ and Infinite8 have joined forces to advance ethical finance in the web3 framework, including the metaverse and blockchain gaming. They plan to employ deep tech and AI to cater to the global Muslim population's interest in emerging technologies and ethical finance, integrating ethics into new tech developments.
HAQQ is partnering with Infinite8, a company with 22 years of IT and operations experience across 65 countries. Infinite8 specializes in AI, metaverse, web3, and blockchain gaming, aligning with HAQQ's ethical finance mission. They aim to merge tech advancements with financial ethics.
One significant aspect of their partnership is developing customized blockchain solutions adhering to ethical finance principles. These platforms will provide real-time financial insights by combining Infinite8's AI analytics with web3 tech, ensuring Shariah-compliant standards.
Their collaboration goes beyond technology to create a balanced and sustainable financial ecosystem, serving 1.9 billion Muslims worldwide. The MENA region, with its 600 million population and emerging tech and financial hubs, is an ideal starting point for these initiatives.
The partnership aims to develop technologies with ethics at their core, not as an add-on. This represents a pivotal phase in HAQQ's evolution, aligning its focus on ethical finance with Infinite8's technological capabilities. It's a shared commitment to efficient and ethically sound financial systems, aligning with HAQQ's core values and vision.
HAQQ is partnering with Infinite8, a company with 22 years of IT and operations experience across 65 countries. Infinite8 specializes in AI, metaverse, web3, and blockchain gaming, aligning with HAQQ's ethical finance mission. They aim to merge tech advancements with financial ethics.
One significant aspect of their partnership is developing customized blockchain solutions adhering to ethical finance principles. These platforms will provide real-time financial insights by combining Infinite8's AI analytics with web3 tech, ensuring Shariah-compliant standards.
Their collaboration goes beyond technology to create a balanced and sustainable financial ecosystem, serving 1.9 billion Muslims worldwide. The MENA region, with its 600 million population and emerging tech and financial hubs, is an ideal starting point for these initiatives.
The partnership aims to develop technologies with ethics at their core, not as an add-on. This represents a pivotal phase in HAQQ's evolution, aligning its focus on ethical finance with Infinite8's technological capabilities. It's a shared commitment to efficient and ethically sound financial systems, aligning with HAQQ's core values and vision.
LIVEBlock Chainiac
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Shariah Oracle: Pioneering Ethical Blockchain Governance for Halal Investments
In the ever-evolving landscape of blockchain and cryptocurrency, the concept of ethical investments is gaining significant traction. One notable initiative at the forefront of this movement is the Shariah Oracle,a groundbreaking development within the HAQQ Network.This innovative mechanism is set to reshape the way blockchain projects approach ethical compliance,particularly for Muslim investors and ESG-driven stakeholders.
Halal Certification and Its Relevance
At its core,the Shariah Oracle addresses the critical issue of Halal certification in the blockchain space.For Muslim users and investors,ensuring that their financial activities align with Islamic principles is of utmost importance.Similarly,Environmental, Social and Governance (ESG)-focused investors seek opportunities that adhere to ethical standards.The Shariah Oracle acts as a bridge between these two worlds,offering a robust framework for ensuring ethical relevance.
Community Oversight and Shariah Board Approval
A key feature of the Shariah Oracle is its dual-layer approval system.The first layer involves community approval,which is granted by ISLM stakers.This approval allows a project to be listed in the HAQQ Wallet Marketplace and users can interact with such a contract without warnings,provided they choose community approval as their preferred level.This not only empowers the community but also enhances the security of the HAQQ Network.
Guarding Against Front-end Attacks
One of the pivotal functions of the community approval process is the warning system it enables.Users engaging with non-community-approved contracts receive notifications, helping to prevent potential fraudulent activities.Recent incidents like the frontend attack on the stablecoin AMM exchange, Curve,underscore the significance of such a warning system.Users are alerted when interacting with potentially compromised code,reducing the risk of fund loss.
Shariah Board Approval foe Unwavering Compliance
The second layer of approval involves the Shariah Board,who provide Shariah-compliance approval for projects.This approval not only grants projects a Shariah-compliant label but also allows users to interact with them without warnings,regardless of their preferred level of approval.Projects must undergo a rigorous review process by the Shariah Board,which reserves the right to revoke endorsements if non-compliant behavior is detected.
Towards Decentralization and Inclusivity
To maintain decentralization and avoid bottlenecks,the HAQQ Network plans to introduce authorized Shariah auditors in the future.This strategic move aims to streamline compliance audits while fostering a more decentralized approach to maintaining ethical standards.
A Gateway to Financial Inclusion
In conclusion,the Shariah Oracle is more than just a mechanism; it represents a gateway to financial inclusion for Muslim users and a haven for ESG-driven investors. It offers a unique blend of community-driven governance and Shariah compliance,paving the way for a more ethical and sustainable financial system in the blockchain era.With the HAQQ Network's Shariah Oracle leading the charge,the future of ethical blockchain governance looks promising and inclusive.
For more information visit https://haqq.network
Visit official website of Islamic Coin https://islamiccoin.net
#crypto2023 #HaqqNetwork #IslamicCoin
Halal Certification and Its Relevance
At its core,the Shariah Oracle addresses the critical issue of Halal certification in the blockchain space.For Muslim users and investors,ensuring that their financial activities align with Islamic principles is of utmost importance.Similarly,Environmental, Social and Governance (ESG)-focused investors seek opportunities that adhere to ethical standards.The Shariah Oracle acts as a bridge between these two worlds,offering a robust framework for ensuring ethical relevance.
Community Oversight and Shariah Board Approval
A key feature of the Shariah Oracle is its dual-layer approval system.The first layer involves community approval,which is granted by ISLM stakers.This approval allows a project to be listed in the HAQQ Wallet Marketplace and users can interact with such a contract without warnings,provided they choose community approval as their preferred level.This not only empowers the community but also enhances the security of the HAQQ Network.
Guarding Against Front-end Attacks
One of the pivotal functions of the community approval process is the warning system it enables.Users engaging with non-community-approved contracts receive notifications, helping to prevent potential fraudulent activities.Recent incidents like the frontend attack on the stablecoin AMM exchange, Curve,underscore the significance of such a warning system.Users are alerted when interacting with potentially compromised code,reducing the risk of fund loss.
Shariah Board Approval foe Unwavering Compliance
The second layer of approval involves the Shariah Board,who provide Shariah-compliance approval for projects.This approval not only grants projects a Shariah-compliant label but also allows users to interact with them without warnings,regardless of their preferred level of approval.Projects must undergo a rigorous review process by the Shariah Board,which reserves the right to revoke endorsements if non-compliant behavior is detected.
Towards Decentralization and Inclusivity
To maintain decentralization and avoid bottlenecks,the HAQQ Network plans to introduce authorized Shariah auditors in the future.This strategic move aims to streamline compliance audits while fostering a more decentralized approach to maintaining ethical standards.
A Gateway to Financial Inclusion
In conclusion,the Shariah Oracle is more than just a mechanism; it represents a gateway to financial inclusion for Muslim users and a haven for ESG-driven investors. It offers a unique blend of community-driven governance and Shariah compliance,paving the way for a more ethical and sustainable financial system in the blockchain era.With the HAQQ Network's Shariah Oracle leading the charge,the future of ethical blockchain governance looks promising and inclusive.
For more information visit https://haqq.network
Visit official website of Islamic Coin https://islamiccoin.net
#crypto2023 #HaqqNetwork #IslamicCoin
Empowering DeFi: Seamless USDC Transfers between Ethereum and HAQQ via Satellite
The world of decentralized finance (DeFi) is evolving, and a groundbreaking development has caught the attention of supporters and enthusiasts alike.The integration of Satellite, powered by Axelar Network,now allows for seamless USDC transfers between Ethereum and HAQQ,marking a significant stride in the path towards a more inclusive and diverse decentralized financial ecosystem.Section 1: The Rise of Cross-Chain TransfersIn recent times,the importance of cross-chain interoperability has become increasingly evident.Satellite.money provides a bridge between Ethereum and HAQQ,opening up new possibilities for supporters of decentralized finance. This integration facilitates smooth and secure USDC transfers,eliminating the barriers that once hindered seamless transitions between blockchains.Section 2: To embark on this transformative journey, supporters can follow a simple step-by-step guide.Begin by visiting satellite.money and selecting 'Ethereum' as the starting chain and 'HAQQ' as the destination.Connecting and unlocking your MetaMask or compatible wallet ensures a secure transaction process.Input the desired USDC amount, witness the magic of transformation into axlUSDC on HAQQ with your Keplr Wallet, and verify the generated deposit address for a successful transfer.Section 3: Celebrating Success: A Shariah-Compliant DeFi ExperienceUpon completion of the transfer,supporters join a community championing Shariah-compliant decentralized finance.This marks the beginning of a new era in which financial transactions align with ethical principles.Congratulations are in order as supporters actively contribute to this paradigm shift,promoting financial inclusion and diversity within the crypto space.Section 4: The Swift Journey: Anticipating Arrival in 20 MinutesOne of the remarkable features of this integration is the speed at which funds arrive. With a quick and easy process, supporters can expect their funds to be securely transferred from Ethereum to HAQQ in about 20 minutes. This efficiency underscores the commitment to delivering a seamless and user-friendly experience.#Blockchain #HAQQ #Ethereum #Satellite #IslamicCoin
Istanbul Blockchain Week: Connecting Tradition and Innovation through HAQQ and Islamic Coin
The vibrant city of Istanbul was abuzz with excitement during the highly anticipated Istanbul Blockchain Week, held from August 22nd to 23rd. Taking the spotlight as the title sponsor, HAQQ and its native token, #IslamicCoin , took center stage at the intersection of tradition and modernity, gathering DeFi enthusiasts and crypto pioneers.
Istanbul, renowned for its rich history and strategic significance, has always been a hub of innovation. Turkey's progressive approach to #DeFi and its significant adoption of cryptocurrencies are not passing trends but rather a reflection of its forward-looking mindset.
HAQQ's prominent presence at this event reaffirmed its dedication to ethical finance. Beyond being a mere blockchain, #HAQQ embodies a vision and commitment: to seamlessly weave ethical finance principles into state-of-the-art decentralized technology. At the core of this vision lies Islamic Coin, a shining example of Shariah-compliant digital currency tailored to contemporary needs.
Engaging with the dynamic Turkish community during the event, the enthusiasm was palpable. This occasion wasn't just about showcasing achievements; it was a platform for meaningful dialogue, collaboration, and the opportunity to foster impactful partnerships.
The hackathon we announced during the event perfectly encapsulated this ethos. Beyond technical prowess, our focus was on cultivating solutions that are not only innovative but also rooted in strong ethical foundations, especially those resonating with the global Muslim population of 1.8 billion.
As we navigated through the Istanbul Blockchain Week, the future of DeFi in Turkey appeared promising. With HAQQ and Islamic Coin steering the course, we are eager to shape a future that's both decentralized and ethically grounded.
#crypto2024 #Crypto2023
The vibrant city of Istanbul was abuzz with excitement during the highly anticipated Istanbul Blockchain Week, held from August 22nd to 23rd. Taking the spotlight as the title sponsor, HAQQ and its native token, #IslamicCoin , took center stage at the intersection of tradition and modernity, gathering DeFi enthusiasts and crypto pioneers.
Istanbul, renowned for its rich history and strategic significance, has always been a hub of innovation. Turkey's progressive approach to #DeFi and its significant adoption of cryptocurrencies are not passing trends but rather a reflection of its forward-looking mindset.
HAQQ's prominent presence at this event reaffirmed its dedication to ethical finance. Beyond being a mere blockchain, #HAQQ embodies a vision and commitment: to seamlessly weave ethical finance principles into state-of-the-art decentralized technology. At the core of this vision lies Islamic Coin, a shining example of Shariah-compliant digital currency tailored to contemporary needs.
Engaging with the dynamic Turkish community during the event, the enthusiasm was palpable. This occasion wasn't just about showcasing achievements; it was a platform for meaningful dialogue, collaboration, and the opportunity to foster impactful partnerships.
The hackathon we announced during the event perfectly encapsulated this ethos. Beyond technical prowess, our focus was on cultivating solutions that are not only innovative but also rooted in strong ethical foundations, especially those resonating with the global Muslim population of 1.8 billion.
As we navigated through the Istanbul Blockchain Week, the future of DeFi in Turkey appeared promising. With HAQQ and Islamic Coin steering the course, we are eager to shape a future that's both decentralized and ethically grounded.
#crypto2024 #Crypto2023
Financial isolation of Muslim communities and how #IslamicCoin opens up new opportunities
Islam today is the second largest religion in the world and represents more than a quarter of the world's population. However, this country is also home to the largest number of unbanked subscribers. What are the factors that contribute to the financial exclusion of Muslims?
Limited access to traditional and Islamic banking services. According to World Bank statistics, a significant portion of the unbanked population lives in Muslim-majority countries, which indicates a lack of accessible banking services.
Low level of financial education. Insufficient financial education opportunities do not allow Muslims to acquire the necessary knowledge and skills to effectively interact with financial systems.
Lack of trust in financial institutions. Trust issues and skepticism about financial institutions may deter Muslims from using available banking services.
Economic instability. In some Muslim-majority countries, economic instability can make it difficult for individuals and businesses to access financial services and resources.
Limited access to technology. Unequal access to technology and the Internet creates a "digital divide" making it difficult for Muslims in some regions to access digital financial services and platforms.
By introducing the digital revolution within the Islamic financial ecosystem, Islamic Coin is becoming a paradigm for combining ethics and technology in the blockchain world. Weaving together spiritual principles and modern innovations, this currency reaffirms the opportunities that blockchain and cryptocurrencies offer.
The #HaqqNetwork also engages in philanthropy and brings direct economic benefit to Muslim communities around the world. Ten percent of every Islamic Coin token issue is directed to be invested in Islamic-related businesses or donated through a special autonomous authority (#DAO ) to charity. It is a practical embodiment of Islamic principles, supporting economic and social innovation within the community.
#Crypto2023 #crypto2024
Islam today is the second largest religion in the world and represents more than a quarter of the world's population. However, this country is also home to the largest number of unbanked subscribers. What are the factors that contribute to the financial exclusion of Muslims?
Limited access to traditional and Islamic banking services. According to World Bank statistics, a significant portion of the unbanked population lives in Muslim-majority countries, which indicates a lack of accessible banking services.
Low level of financial education. Insufficient financial education opportunities do not allow Muslims to acquire the necessary knowledge and skills to effectively interact with financial systems.
Lack of trust in financial institutions. Trust issues and skepticism about financial institutions may deter Muslims from using available banking services.
Economic instability. In some Muslim-majority countries, economic instability can make it difficult for individuals and businesses to access financial services and resources.
Limited access to technology. Unequal access to technology and the Internet creates a "digital divide" making it difficult for Muslims in some regions to access digital financial services and platforms.
By introducing the digital revolution within the Islamic financial ecosystem, Islamic Coin is becoming a paradigm for combining ethics and technology in the blockchain world. Weaving together spiritual principles and modern innovations, this currency reaffirms the opportunities that blockchain and cryptocurrencies offer.
The #HaqqNetwork also engages in philanthropy and brings direct economic benefit to Muslim communities around the world. Ten percent of every Islamic Coin token issue is directed to be invested in Islamic-related businesses or donated through a special autonomous authority (#DAO ) to charity. It is a practical embodiment of Islamic principles, supporting economic and social innovation within the community.
#Crypto2023 #crypto2024
💫🌙 The Islamic Coin and HAQQ ecosystem experienced remarkable growth in the previous quarter. Let's recap the notable partnerships forged by Islamic Coin & HAQQ Network in Q2 & Q3! 🚀
👥 In close collaboration with Republic, they successfully launched the ISLM Reg D Token Offering. Following the token sale's success, the Republic team continues to provide invaluable guidance as key advisors. 📣💪
✨ Partnerships thrive when there is a shared vision. Optic Capital, a significant funding partner, is playing a vital role in onboarding over 1.9 billion Muslims into the world of digital finance. Together, they are striving to shape the future of modern finance with a strong focus on inclusivity. 🌍💰
📈 The MoU with CoinDesk Indices marks a major milestone in their journey, as they deepen their roots in the MENA region. This partnership aims to bring Sharia-compliant financial solutions to a wider audience, bolstering their impact on the global financial landscape. 🌐💼
🕌 By merging traditional Islamic values with modern technology, their partnership with DDCAP Group leads the way in innovative, Shariah-compliant financial solutions. Together, they are shaping the future of ethical finance, ensuring the compatibility of principles with cutting-edge technologies. 💡🌱
🤝 Embracing the future of ethical trading, their partnership with Haqqex represents a significant step towards aligning digital asset trading with core Islamic values and principles. This collaboration strives to uphold integrity and transparency in the world of cryptocurrency. 💚📈
🛡️ Last December, Islamic Coin & HAQQ joined forces with FAMBRAS Halal to build trust and transparency within the Muslim community. Together, they established a system to guarantee the authenticity of Halal products using QR codes on HAQQ's blockchain, empowering consumers to make informed choices. 🌿🚀
Achieving their vision of a more ethical and sustainable financial future. 🎉
1/2, follow for more!
Not financial advise, Do your own Research
#IslamicCoin
👥 In close collaboration with Republic, they successfully launched the ISLM Reg D Token Offering. Following the token sale's success, the Republic team continues to provide invaluable guidance as key advisors. 📣💪
✨ Partnerships thrive when there is a shared vision. Optic Capital, a significant funding partner, is playing a vital role in onboarding over 1.9 billion Muslims into the world of digital finance. Together, they are striving to shape the future of modern finance with a strong focus on inclusivity. 🌍💰
📈 The MoU with CoinDesk Indices marks a major milestone in their journey, as they deepen their roots in the MENA region. This partnership aims to bring Sharia-compliant financial solutions to a wider audience, bolstering their impact on the global financial landscape. 🌐💼
🕌 By merging traditional Islamic values with modern technology, their partnership with DDCAP Group leads the way in innovative, Shariah-compliant financial solutions. Together, they are shaping the future of ethical finance, ensuring the compatibility of principles with cutting-edge technologies. 💡🌱
🤝 Embracing the future of ethical trading, their partnership with Haqqex represents a significant step towards aligning digital asset trading with core Islamic values and principles. This collaboration strives to uphold integrity and transparency in the world of cryptocurrency. 💚📈
🛡️ Last December, Islamic Coin & HAQQ joined forces with FAMBRAS Halal to build trust and transparency within the Muslim community. Together, they established a system to guarantee the authenticity of Halal products using QR codes on HAQQ's blockchain, empowering consumers to make informed choices. 🌿🚀
Achieving their vision of a more ethical and sustainable financial future. 🎉
1/2, follow for more!
Not financial advise, Do your own Research
#IslamicCoin
#IslamicCoin Founder, Mohammed AlKaff AlHashmi @ALKaff_911, has been named among the top seven crypto trailblazers in the MENA region by @ArabianBusiness! We're proud to be part of his vision for a more ethical financial future.
We're proud to be part of his vision for a more ethical financial future.
Read more: https://www.arabianbusiness.com/powerlists/arabian-business-crypto-seven-celebrating-the-trailblazers-of-decentralisation
Find more about Islamic Coin: https://islamiccoin.net/
We're proud to be part of his vision for a more ethical financial future.
Read more: https://www.arabianbusiness.com/powerlists/arabian-business-crypto-seven-celebrating-the-trailblazers-of-decentralisation
Find more about Islamic Coin: https://islamiccoin.net/
ZetaChain and BYTE CITY Forge Partnership to Revolutionize the Multiverse
Introduction: In a transformative alliance, ZetaChain and BYTE CITY have joined forces to pioneer the creation of the first interoperable metaverse. This collaboration signifies a major leap in the evolution of the digital landscape, offering a truly open metaverse where brands can cultivate communities and engage with their audience. ZetaChain's integration into BYTE CITY promises full interoperability, providing a platform for seamless cross-chain functionality and the introduction of native cross-chain NFTs and payments.
Key Partnership Highlights:
Cross-Chain Functionality in the First Open Metaverse: BYTE CITY, a social entertainment platform, integrates ZetaChain's testnet to propel the development of the inaugural interoperable metaverse. This partnership seeks to eliminate the challenges of cross-platform support that have persisted in both traditional and web3 gaming.BYTE CITY's Unique Approach to Web2.5 Metaverse: BYTE CITY operates as a social entertainment platform, often referred to as web2.5, offering an immersive space where diverse communities, including the official Bruce Lee Family Company, fashion brands, and consumer packaged goods (CPGs), converge. This metaverse introduces a fusion of digital NFT collectibles and crypto primitives in a casual social and gaming environment.Native Cross-Chain NFTs and Payments: ZetaChain's integration into BYTE CITY facilitates full interoperability within the metaverse. Brands leveraging BYTE CITY can build communities across multiple blockchain networks without limitations. ZetaChain enables cross-chain agnostic NFTs, allowing users to make purchases and send payments in any token. This extends to the flexibility of even receiving payments in native BTC on the Bitcoin network, fostering a fluid and adaptable crypto ecosystem.Launch of ZetaNite Avatar Skins: To commemorate the ZetaChain X BYTE CITY partnership, an exclusive campaign has been unveiled on ZetaChain's testnet – the ZetaNite Avatar Skins. These 20,000 free NFTs are available for minting on the testnet, serving as digital alter-egos in BYTE CITY. ZetaNite avatars offer users entry into immersive experiences, events, and games within the metaverse.
About BYTE CITY: BYTE CITY stands as a revolutionary social network, emphasizing digital collectibles, immersive gaming, and social experiences. Co-founded by Cordell Broadus, BYTE CITY is reshaping the digital landscape by providing a versatile platform that empowers users, nurtures communities, and fosters a vibrant digital culture.
About ZetaChain: ZetaChain distinguishes itself as the world's first and only decentralized EVM-compatible L1 blockchain, featuring built-in cross-chain interoperability. Its Omnichain toolkit empowers developers to create true omnichain dApps from a centralized logic point, granting users secure access to assets, data, and liquidity in a unified and secure environment.
Connect with ZetaChain: Follow ZetaChain on Twitter @zetablockchain and actively participate in discussions on Discord and Telegram. Developers building on ZetaChain can direct inquiries and collaboration proposals to partnerships@zetachain.com.
Conclusion: The ZetaChain and BYTE CITY partnership marks a significant stride towards shaping the future of the metaverse. By embracing interoperability, native cross-chain NFTs, and payments, this collaboration sets the stage for a dynamic and inclusive digital environment where creativity and community thrive. The introduction of ZetaNite Avatar Skins further cements the commitment to immersive experiences within the metaverse, inviting users to embark on a new era of digital exploration.
Key Partnership Highlights:
Cross-Chain Functionality in the First Open Metaverse: BYTE CITY, a social entertainment platform, integrates ZetaChain's testnet to propel the development of the inaugural interoperable metaverse. This partnership seeks to eliminate the challenges of cross-platform support that have persisted in both traditional and web3 gaming.BYTE CITY's Unique Approach to Web2.5 Metaverse: BYTE CITY operates as a social entertainment platform, often referred to as web2.5, offering an immersive space where diverse communities, including the official Bruce Lee Family Company, fashion brands, and consumer packaged goods (CPGs), converge. This metaverse introduces a fusion of digital NFT collectibles and crypto primitives in a casual social and gaming environment.Native Cross-Chain NFTs and Payments: ZetaChain's integration into BYTE CITY facilitates full interoperability within the metaverse. Brands leveraging BYTE CITY can build communities across multiple blockchain networks without limitations. ZetaChain enables cross-chain agnostic NFTs, allowing users to make purchases and send payments in any token. This extends to the flexibility of even receiving payments in native BTC on the Bitcoin network, fostering a fluid and adaptable crypto ecosystem.Launch of ZetaNite Avatar Skins: To commemorate the ZetaChain X BYTE CITY partnership, an exclusive campaign has been unveiled on ZetaChain's testnet – the ZetaNite Avatar Skins. These 20,000 free NFTs are available for minting on the testnet, serving as digital alter-egos in BYTE CITY. ZetaNite avatars offer users entry into immersive experiences, events, and games within the metaverse.
About BYTE CITY: BYTE CITY stands as a revolutionary social network, emphasizing digital collectibles, immersive gaming, and social experiences. Co-founded by Cordell Broadus, BYTE CITY is reshaping the digital landscape by providing a versatile platform that empowers users, nurtures communities, and fosters a vibrant digital culture.
About ZetaChain: ZetaChain distinguishes itself as the world's first and only decentralized EVM-compatible L1 blockchain, featuring built-in cross-chain interoperability. Its Omnichain toolkit empowers developers to create true omnichain dApps from a centralized logic point, granting users secure access to assets, data, and liquidity in a unified and secure environment.
Connect with ZetaChain: Follow ZetaChain on Twitter @zetablockchain and actively participate in discussions on Discord and Telegram. Developers building on ZetaChain can direct inquiries and collaboration proposals to partnerships@zetachain.com.
Conclusion: The ZetaChain and BYTE CITY partnership marks a significant stride towards shaping the future of the metaverse. By embracing interoperability, native cross-chain NFTs, and payments, this collaboration sets the stage for a dynamic and inclusive digital environment where creativity and community thrive. The introduction of ZetaNite Avatar Skins further cements the commitment to immersive experiences within the metaverse, inviting users to embark on a new era of digital exploration.
Injection of powerful #investments
Funding from Optic Capital #IslamicCoin is a Shariah-compliant cryptocurrency project based on the #HAQQ blockchain. Islamic Coin, a Shariah-compliant cryptocurrency, has secured funding from Web3 venture firm Optic Capital. The funding amount is not disclosed, as reported in a press release exclusively shared with CoinJournal by the Swiss crypto project.
Optic Capital has invested in leading crypto projects like Polkadot, Chainlink, and Compound.
Islamic Coin (ISLM) is the native token of HAQQ, an ethics-focused L1 blockchain dedicated to creating a Shariah-compliant financial ecosystem. The crypto project was founded by UAE entrepreneurs Mohammed AlKaff AlHashmi and Hussein Al Meeza and is gearing up for an official launch in the autumn of 2023.
Islamic Coin attracts global venture capital As attention towards the platform has been rapidly growing since its inception, much of the focus has been on key partnerships and strategic investments. A growing list of venture capital firms and private capital continues to support it, primarily due to its potential for global adoption.
Optic Capital's investment adds to the group of major venture capital firms and private funds that have backed the cryptocurrency.
"In July, the Islamic Coin team announced it had raised $200 million from investors, bringing its groundbreaking funding to $400 million. Funding participants now include Alpha Blue Ocean’s ABO Digital, DF101, and Futurecraft Ventures. The project has also attracted funding from several high-net-worth individuals (HNWIs).
Islamic Coin has also established key partnerships worldwide. These include the recently announced integration with DDCAP Group, Holiday Swap, and more than 300 Islamic banks. In the MENA region, the project has secured 5 partnerships across medical, wellness, immigration, and travel sectors.
Detailed information on the HAQQ website also shows that the network has integrated with Axelar, Sushi, Allnodes, and other platforms.
#crypto2024 #Crypto2023
Funding from Optic Capital #IslamicCoin is a Shariah-compliant cryptocurrency project based on the #HAQQ blockchain. Islamic Coin, a Shariah-compliant cryptocurrency, has secured funding from Web3 venture firm Optic Capital. The funding amount is not disclosed, as reported in a press release exclusively shared with CoinJournal by the Swiss crypto project.
Optic Capital has invested in leading crypto projects like Polkadot, Chainlink, and Compound.
Islamic Coin (ISLM) is the native token of HAQQ, an ethics-focused L1 blockchain dedicated to creating a Shariah-compliant financial ecosystem. The crypto project was founded by UAE entrepreneurs Mohammed AlKaff AlHashmi and Hussein Al Meeza and is gearing up for an official launch in the autumn of 2023.
Islamic Coin attracts global venture capital As attention towards the platform has been rapidly growing since its inception, much of the focus has been on key partnerships and strategic investments. A growing list of venture capital firms and private capital continues to support it, primarily due to its potential for global adoption.
Optic Capital's investment adds to the group of major venture capital firms and private funds that have backed the cryptocurrency.
"In July, the Islamic Coin team announced it had raised $200 million from investors, bringing its groundbreaking funding to $400 million. Funding participants now include Alpha Blue Ocean’s ABO Digital, DF101, and Futurecraft Ventures. The project has also attracted funding from several high-net-worth individuals (HNWIs).
Islamic Coin has also established key partnerships worldwide. These include the recently announced integration with DDCAP Group, Holiday Swap, and more than 300 Islamic banks. In the MENA region, the project has secured 5 partnerships across medical, wellness, immigration, and travel sectors.
Detailed information on the HAQQ website also shows that the network has integrated with Axelar, Sushi, Allnodes, and other platforms.
#crypto2024 #Crypto2023
