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Watch our video Mohammed Al Kaff Al Hashmi, co-founder of the first Islamic blockchain #HAQQ , was the keynote speaker at the prestigious Islamic Fintech Pitching Competition event and awarded the winners with prizes worth 230,000 #ISLM This is a great example of the development of the decentralized industry in the Middle East region, and it is great to see that #IslamicCoin is not only a leading educational project, but also a hotbed of new crypto startups. #cryptonews #InnovationHub $BTC $ZEN $OCEAN
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🎉 The 1st Annual Islamic Fintech Pitching Competition is happening, uniting innovators and pioneers for deep discussions on Shariah-compliant finance and digital inclusion.
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#IslamicCoin Supply and Issuance Details: Total Supply: The total supply of #ISLM coins is capped at 100 billion.The emission rate decreases by 5% every two years, termed as an Epoch.Emission comes to a halt 100 years after the first block of the first Era. Era-based Minting Allocation: Each Era has a designated allocation for minting new coins, gradually diminishing.By the conclusion of the 50th Era, 100% of the total supply (100 billion ISLM) will have been minted, with no further minting. Initial Coin Distribution: Initial supply is 20 billion ISLM coins, minted in the genesis block and distributed at the network launch. Distribution Breakdown: -2 billion coins allocated to the Evergreen Foundation following Century Coinomics. -5.5 billion coins reserved for partners, including boards, initial sponsors, promoters, and market makers. -4 billion coins reserved for initial private sales accessible to qualified private investors. -5.5 billion coins allocated to the Business Reserve Fund and the Ecosystem Development Fund for public distribution, operational expenses, business development, grants, and other ecosystem-focused activities. -3 billion coins earmarked for founder compensation. #Write2Earn #crypto2024 #BinanceWish $POND $JUP $XAI
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