Upcoming airdrop?... Launch date: September 1, 2023 😲😍
One of the most popular crypto projects created on the principles of Islamic financial laws is the Islamic coin #ISLM ($ISLM).
A lot of buzz in the air about it relative to an upcoming airdrop. You can check online. Read about the airdrop. And make your decision.
However, here are 🤟twelve things to know about this project:
1. Islamic Coin is the native asset of the #HaqqNetwork and serves various purposes, including payments, governance, gas fees, and staking.
2. The #Haqq Network is a Proof of Stake blockchain that operates the Islamic Coin, providing a fast and trusted platform compatible with Ethereum-based applications.
3. Century Coinomics is the tokenomic system used by the network, designed to complete token emissions over a 100-year period with a gradual reduction rate every two years.
4. The Evergreen DAO, funded by ISLM token emissions and network fees, supports innovative projects for the global Islamic 🕌community within the Haqq Network.
5. The IC Network, a privately financed tech firm founded by Andrey Kuznetsov, is the developer of the Shariah-compliant Haqq Blockchain and Islamic Coin.
6. The total supply of Islamic Coin (ISLM) is 100 billion tokens, emitted over a 100-year period with diminishing emission rates every two years.
7. Wallets that currently support the Haqq Network include hardware wallets like Ledger and Trezor, browser-based wallets like MetaMask, Keplr, and the Haqq Mobile App wallets.
8. ISLM staking allows holders to lock up their tokens and delegate voting power to validators 👨💻 to earn rewards in return.
9. Haqq Network offers grants to developers for Shariah-compliant projects, partnering with organizations like the United Nations Sustainable Development Goals and World Green Growth Organization.
10. The team behind Islamic Coin and Haqq Network consists of professionals from various fields, including Islamic banking, finance, computer science, and telecommunications.
11. The Haqq Network has a 🛣️ roadmap that includes transitioning from Proof of Authority to Proof of Stake, integrating ISLM as a payment method with major partners, and launching a Swiss payment card backed by Islamic Coin.
12. Islamic Coin aims to drive financial inclusion and empowerment based on Islamic finance principles, fostering prosperity and development for the Muslim community worldwide.
One more thing: by Q1 2024, they would be issuing Gold-pegged stablecoin with top UAE banks.
What do you see?
Money or ...?🥵