Evergreen DAO and why you should know about this Islamic initiativeđ€
đĄEvergreen DAO is a special type of organization that uses blockchain technology to manage and perform various functions. Let me explain its basics in simple words:
âœWhat is Evergreen DAO? Evergreen DAO is a special type of organization that operates on the Internet and uses blockchain technology for its activities. This organization is designed keeping in mind Islamic values ââand transparency.
âœHow is it controlled? The governance of Evergreen DAO is not controlled by any central organization. Instead, it is based on the voting and decisions of community members who own ISLM tokens.
âœWho is Evergreen DAO managed by? ISLM token holders have the ability to vote on various issues and delegate their tokens to validators. Validators actively participate in the voting and decision-making process.
âœHow is compliance with Islamic values ââensured? The governance of Evergreen DAO is overseen by a Shariah board consisting of recognized scholars. They ensure that all decisions and transactions comply with Islamic ethical standards.
âœCharity and Social Work: Evergreen DAO supports charitable and social work by using a portion of ISLM tokens to support these causes. This is not for profit, but to help people and develop society.
âœConnection to the HAQQ Network: The success of Evergreen DAO is due to the HAQQ Network, which creates applications that comply with Islamic and ethical standards. This increases the utility of ISLM tokens and expands the capabilities of the Evergreen DAO.
âœProtection against centralization: The voting and governance system is designed to prevent any one organization, including the HAQQ network, from dominating the decision-making process. This ensures independence and decentralization.
âœAdaptability and change: The community may change the number of validators in the future to suit changing needs and circumstances.
