ISLAMICOIN price

ISLAMI

#2057

ISLAMICOIN (ISLAMI) stands out as a cryptocurrency tailored for the global Muslim community, adhering strictly to Islamic financial principles. Launched in May 2021, this halal cryptocurrency aims to foster financial independence and transparency through blockchain technology. Initially deployed on the Polygon network, ISLAMICOIN plans to transition to its proprietary ISLAMIBLOCKCHAIN network, leveraging cutting-edge blockchain technologies for enhanced security and reliability.

The project encompasses a broad spectrum of initiatives, including media, commercial, financial, entertainment, and charitable ventures. Among its seven major projects, ISLAMICOIN serves as the primary payment method for ISLAMeda, ISLAMIwallet, ISLAMIgame, ISLAMImall, ISLAMImetaverse, ISLAMItravel, and ISLAMIBLOCKCHAIN. Each of these projects is designed to integrate seamlessly into the global Islamic economy, offering decentralized solutions that align with Sharia law.

A unique aspect of ISLAMICOIN is its deflationary nature, which aims to increase value over time. Additionally, 5% of the total supply is allocated to Bait Al-Mal for charitable causes, with a voting system enabling ISLAMICOIN holders to decide on the allocation of these funds. This ensures community involvement and adherence to Islamic ethical standards.

ISLAMICOIN is not just a cryptocurrency but a comprehensive ecosystem. It includes a Decentralized Autonomous Organization (DAO) framework, allowing holders to participate in governance and profit-sharing while maintaining transparency through blockchain technology. The project is expected to achieve significant growth, with each initiative contributing to its global expansion and financial success.

The technology behind ISLAMICOIN (ISLAMI) is deeply rooted in the principles of blockchain, designed to cater specifically to the global Muslim community. At its core, ISLAMICOIN operates on the HAQQ blockchain network, known for its secure and ethical transaction capabilities. This blockchain ensures that all transactions adhere to Islamic Sharia principles, making ISLAMICOIN a halal cryptocurrency.

The HAQQ blockchain employs advanced cryptographic techniques to secure transactions and prevent attacks from bad actors. One of the primary methods it uses is the consensus mechanism, which ensures that all participants in the network agree on the validity of transactions. This decentralized approach makes it extremely difficult for any single entity to manipulate the system. Additionally, the blockchain uses smart contracts, which are self-executing contracts with the terms directly written into code. These smart contracts automate and enforce agreements, reducing the risk of fraud.

ISLAMICOIN is part of the larger ISLAMIBLOCKCHAIN project, which aims to build a comprehensive ecosystem for the Islamic community. This includes various features such as peer-to-peer lending, Islamic insurance, and Sukuk trading. The project also emphasizes charitable giving, with 5% of the total supply allocated to Bait Al-Mal for charitable causes. This allocation is managed through a voting system where ISLAMICOIN holders can participate in deciding which causes to support.

Initially launched on the Polygon network, ISLAMICOIN plans to transition to its dedicated ISLAMIBLOCKCHAIN network upon its completion. This new blockchain will incorporate the latest secure and reliable technologies, further enhancing the security and efficiency of transactions. The ISLAMIBLOCKCHAIN network will also support the development of Decentralized Autonomous Organizations (DAOs), allowing ISLAMICOIN holders to contribute to and benefit from various projects transparently.

The ISLAMICOIN project encompasses a wide range of initiatives, including ISLAMeda, ISLAMIwallet, ISLAMIgame, ISLAMImall, ISLAMImetaverse, ISLAMItravel, and ISLAMIBLOCKCHAIN. Each of these projects integrates ISLAMICOIN as the primary payment method, promoting its use across different sectors. For instance, ISLAMImall aims to create a marketplace for halal products, while ISLAMIwallet provides a secure digital wallet for managing ISLAMICOIN and other cryptocurrencies.

The ISLAMICOIN ecosystem is designed to achieve financial independence for individuals, companies, and charitable organizations within the global Islamic community. By leveraging blockchain technology, the project ensures transparency, security, and adherence to Islamic principles in all its transactions and operations.

ISLAMICOIN (ISLAMI) stands out as a cryptocurrency tailored for the global Muslim community, emphasizing ethical and Sharia-compliant practices. This digital currency is not just a financial tool but a gateway to a variety of applications across multiple sectors.

One of the primary applications of ISLAMICOIN is in the realm of media through ISLAMeda. This platform aims to provide content that aligns with Islamic values, ensuring that users have access to media that respects their cultural and religious beliefs. Additionally, ISLAMICOIN is integrated into ISLAMIwallet, a secure digital wallet designed to facilitate transactions while adhering to Islamic financial principles.

In the gaming industry, ISLAMIgame leverages ISLAMICOIN to create a gaming ecosystem where players can earn and spend the cryptocurrency. This not only provides entertainment but also ensures that the gaming experience is in line with ethical guidelines.

ISLAMImall is another significant project where ISLAMICOIN is used as the main payment method. This online marketplace offers products and services that meet halal standards, providing a trusted shopping environment for the Muslim community.

The ISLAMImetaverse project takes ISLAMICOIN into the virtual world, offering an immersive experience where users can interact, trade, and participate in various activities, all within a Sharia-compliant framework. Similarly, ISLAMItravel uses ISLAMICOIN to facilitate travel bookings and services that cater to the needs of Muslim travelers.

A notable initiative is the ISLAMIBLOCKCHAIN, which aims to build a dedicated blockchain network for the Islamic community. This network will support various decentralized applications (dApps) and ensure that all transactions and operations are transparent and compliant with Islamic law.

Furthermore, ISLAMICOIN has allocated 5% of its total supply to Bait Al-Mal, a charitable fund. This fund will support various charitable causes, with the allocation of funds being decided through a voting system involving ISLAMICOIN holders.

ISLAMICOIN is also traded on platforms like Digifinex and LBank, providing liquidity and accessibility for users. The cryptocurrency's integration into these diverse projects underscores its potential to drive financial independence and growth within the global Islamic community.

ISLAMICOIN (ISLAMI) stands as a pioneering project in the realm of Islamic technology, leveraging blockchain to foster financial independence and compliance with Islamic Sharia. The cryptocurrency's journey has been marked by several significant milestones that have shaped its trajectory.

The launch of ISLAMICOIN on the Polygon network marked its initial foray into the cryptocurrency space. This strategic move laid the foundation for its future transition to the ISLAMIBLOCKCHAIN network, which promises enhanced security and reliability. The development of ISLAMIBLOCKCHAIN is a critical step, aiming to create a dedicated blockchain ecosystem tailored to the needs of the global Islamic community.

One of the notable events in ISLAMICOIN's timeline was its listing on DIGIFINEX. This listing provided greater accessibility and liquidity for traders and investors, expanding its reach within the cryptocurrency market. Following this, an AMA (Ask Me Anything) session on LBank offered the community an opportunity to engage directly with the ISLAMICOIN team, fostering transparency and trust.

The project has also made strides in the digital space with the launch of its new website. This platform serves as a comprehensive resource for information about ISLAMICOIN's various projects and initiatives, enhancing user engagement and providing a centralized hub for updates and developments.

Participation in blockchain summits has been another key aspect of ISLAMICOIN's journey. These events have allowed the team to showcase their technology, network with industry leaders, and stay abreast of the latest advancements in blockchain technology. Such engagements are crucial for positioning ISLAMICOIN within the broader blockchain and cryptocurrency ecosystem.

ISLAMICOIN's commitment to charitable causes is exemplified by the allocation of 5% of its total supply to Bait Al-Mal. This fund is dedicated to supporting various charitable initiatives, with the distribution managed through a voting system that involves ISLAMICOIN holders. This approach not only ensures transparency but also empowers the community to have a say in the allocation of resources.

The project encompasses seven major initiatives where ISLAMICOIN serves as the primary payment method. These include ISLAMeda, ISLAMIwallet, ISLAMIgame, ISLAMImall, ISLAMImetaverse, ISLAMItravel, and ISLAMIBLOCKCHAIN. Each of these projects is designed to integrate seamlessly with the ISLAMICOIN ecosystem, promoting the use of halal cryptocurrency in diverse sectors.

Future plans for ISLAMICOIN involve converting some of these projects into Decentralized Autonomous Organizations (DAOs). This transition will enable ISLAMICOIN holders to actively participate in governance and profit-sharing, adhering to a transparent mechanism based on blockchain technology. The DAO model aligns with the project's ethos of decentralization and community involvement, providing investors with detailed insights into their investments.

ISLAMICOIN's journey is characterized by a series of strategic developments and community-focused initiatives, each contributing to its growth and adoption within the global Islamic community.