The Islamic Coin team is pleased to provide our community with crucial updates and information on the ongoing development and progress of the HAQQ network. In light of the great interest and investment in the ecosystem, we want to discuss important topics, clarify our commitments, and provide full transparency.
Securing $400 million in funding
The active development of the HAQQ network and the opportunities offered by the Islamic coin ecosystem have attracted significant attention from prominent private investors and venture capital funds. We are pleased to announce that HAQQ has successfully secured $400 million in funding, which is a testament to the project's vision and potential.
Of this amount, a significant portion - $200 million - came from ABO Digital, a key partner supporting the project. This commitment plays a key role in ensuring the long-term stability and sustainability of the project. It is a testament to the confidence and belief in our mission.
Reg D Public sale on Republic
We understand that transparency, compliance, and security are paramount in the crypto space. To this end, we have chosen Republic as our public sale platform for Reg D for US investors and Reg S for investors from other countries. This decision was made after careful consideration and is consistent with our commitment to regulatory compliance.
Republic is a highly regulated platform with a robust structure for conducting token sales. This ensures that our token offering meets all legal requirements, including strict due diligence and Know Your Customer (KYC) procedures. This choice is an important step in our commitment to providing safe and secure investment opportunities for our community.
Important caveats
We would like to emphasize the importance of conducting thorough research before participating in our token sales. All token sales involve certain risks, and it is very important to fully understand the terms and conditions. For more information, please read the terms and conditions available on our public sale page which will be in the comments
HAQQ Association: Registered non-profit organization in Switzerland
The HAQQ Association is an actively registered non-profit organization based in Switzerland. This distinction reflects our commitment to ethical, community-oriented initiatives. Our mission is to foster a financial ecosystem that adheres to Islamic principles, ensuring a fair and equitable financial future.
Bored Gen: An important part of the HAQQ ecosystem
Bored Gen is an integral component of the HAQQ ecosystem. It plays an important role in the development of the essential infrastructure of the HAQQ network. Our commitment to transparency and accountability is documented in our Whitepaper v2. We are committed to building a trusted ecosystem that benefits all participants and is consistent with the principles of Islamic finance.
A global team for an ethical web3
Our project development team is based in the United Arab Emirates, specifically at the Dubai Financial Market Development Center (Dubai DMCC). We pride ourselves on maintaining our commitment to decentralization by assembling a world-class team from around the world. This approach allows us to work remotely as well as from our office, ensuring that we realize our vision of creating an ethically driven web3.
The Islamic Coin team is deeply grateful for the support and enthusiasm shown by our community. We remain committed to building an inclusive, ethical, and innovative financial ecosystem. Stay tuned for further updates and feel free to join our upcoming AMA to ask questions and interact with our team.
Disclaimer: The information provided here does not constitute financial advice and you should conduct your research and seek professional advice before making investment decisions.
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