Hey fellow Crypto Enthusiasts, good news for you. I think, you should know something about how #IslamicCoin.'s Evergreen DAO, a non-profit endowment fund, works and how it benefits you.

The Evergreen DAO is a non-profit virtual endowment foundation fund, focused on long term sustainability and community impact. It effectively works as a crypto endowment that will revolutionized how development will be spread in different Muslim communities.

It's philanthropic to the core in which 10% of each minting of Islamic Coin into the fund.

The fund is expected to reach 10 billion ISLM by 100 years!

Now, let's delve into it headlong and get a glimpse of its structure.

The HAQQ Community and HAQQ Shariah Board govern the Evergreen DAO.

Shariah Board will approve every spending proposal.

Users are financially incentivized to submit high-quality proposals which benefit the Muslim Community.

Deposits never burn – they get transferred to the Evergreen DAO in the event of Voting Period or Deposit Period failure.

Evergreen DAO will be based on the Cosmos Community Pool

Spending initiatives can be submitted by any ISLM staker and go through a governance process which consists of the following stages listed here under:-

=>Deposit Period

=>Voting Period and the

=>Shariah Approval Period.

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