we hosted an amazing AMA with ISLAMICOIN on the 13th MarchAnd here we will put some of the best questions:Q1. Can you please introduce yourself as well as islamicoin ?My name is Jaafar Krayem, am a certified Blockchain expert, Solidity developer and IT professional.ISLAMICOIN is a cryptocurrency for the global Muslim community and any person that likes to contribute in charity programs and new technologies.Q2. What are the advantages of Your project ?ISLAMICOIN is empowering financial independence for Muslims by establishing a secure currency that will be used as a tender for all ISLAMICOIN projects (ISLAMEDIA, ISLAMIMALL, ISLAMIgame, etc…)The main goal of the project is to provide Muslims with access and control over their finances by fostering P2P/B2C/B2B transactions that are in alignment with the tenets of Islam.We want to achieve ISLAMI Blockchain in the near future that will allow other Muslim projects to be built on a very secure blockchain that works under Muslim financial regulations (Sharia Compliant)ISLAMIBLOCKCHAIN will provide several new technologies and new protocols for the world of blockchainThis project deserves appreciation and support in all respects because it’s an Islamic project that cares about all the teachings of Islam that are in line with Muslimsso it will receive a lot of appreciation and respect from us today❤️❤️❤️❤️❤️❤️❤️❤️Q3. please tell us about the goal you want to achieve in this year.Right now we are in the final stages of development for two of our projects. The first one ISLAMEDIA a video streaming platform for all family members. ISLAMEDIA will provide 500 hours of video content (as a start) on its platform from different categories.The second project is ISLAMI wallet, a blockchain wallet app that provide several features for all ISLAMI holders.Q4. Every project has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this project? can tell us their background?ISLAMICOIN team has expertise in Blockchain and development in several languages, the team also includes company managers and media experts in the Muslim world, and soon we will announce the Manager of ISLAMEDIA who has a degree in blockchain management from Oxford. Our team is not new in this domain, we joined forces together for the birth of ISLAMICOIN.The project name is inspired by its representation as a cryptocurrency for the Muslim community around the world, that’s why we name it ISLAMI.Q5. NFT is one of the hottest and most sought-after topics in the blockchain space right now. Can you share your opinion on NFT with us? Do you think NFT will disrupt the current financial system? What is islamicoin’s approach to the NFT sector?Funding for NFT companies reached $1bn in the 3rd quarter of 2021. I believe now that NFT created a new medium for people who wants to have decentralized security on their Arts away from any authority control or screening, and that’s is why artists are now shifting to NFT’s to set their copyrights on their art. We are planning to have our own NFT marketplace that will include arts like Islamic art and drawing that are related to our Muslim community.And here we will put best questions from our members and ISLAMICOIN fans:Q1:I read that ISLAMICOIN Built and devised based on the latest blockchain technology developed by Polygon Network. Why did you choose Polygons? Do you plan to build a multichain bridge, and support more networks like BSC, Solana, or Ethereum?Our project is developed on top of polygon for several reasons. First, polygon allows us to benefit from all the security built on ethereum since it is a layer2 solution, additional to that the gas fees on polygon are less than $0.01. The main reason of polygon is because sharia office does not certify projects with contracts that are built on BSC (for several sharia reasons). ISLAMICOIN is bridged to Solana using Wormhole Bridge.
Q2: Almost 85% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term? But I Like Your “#islamicoin” Project.
ISLAMICOIN will have real projects that will empower the token on the long term and give a higher value day by day, people can use their ISLAMICOIN in several ways like subscribing for our streaming platform, or buying products from our e-commerce or using the token for game skins or features. ISLAMICOIN project is to make it a very useful currency that can be used every day the same way people use their credit cards of fiat money.
Q3: Do you have a whitepaper? if yes please share it with us and secondly are you working to AUDIT your project, to make its security more secure and reliable?What’s your main focus right now, are you focused on the community or market/Exchange or the products?
You can find our whitepaper on the website both English & Arabic versions. Our smart contract is audited by Dessert Finance, and the audit is submitted on polygonscan and anyone can check it their. Right now we are focusing on Exchange listing and our first product ISLAMedia.
Q4: Could you give an overview of #ISLAMICOIN tokenomics? How can we join your pre-sale in the first place? What are the advantages of holding your token in long-term?
ISLAMICOIN Total Supply: 20,000,000,000 ISLAMI
Each transaction triggers a 2.5% transfer function from ISLAMICOIN contract address to Charity contract (Bayt Al-Mal), the 2.5% are paid by ISLAMICOIN
• 85% of Team tokens are locked for 3 Years
• 80% of First Investors tokens are locked for 3 Years
• 90% of Companies tokens are locked for 5 Years
Regarding the mint function, please note that
we can mint maximum supply of 30 billion, and
each minting is hardly coded to 100 million each
90 days if we choose that there is a need for
minting to cover the 2.5% transaction paid to Bayt Al-Mal
• 6% Founders and Team
• 7.8% First Investors
• 7% Companies
• 10.2% Private Sale
• 56% Public Sale & Liquidity + token vesting
• 5% Charity “Bayt Al-Mal”
• 1% “Air Drop” campaign
• 7% Reserved Funding
you can Buy ISLAMICOIN at the following link: https://tinyurl.com/buyislamicoin
Q5: Adoption is a challenge for any blockchain project, especially in this sensitive period of the entire market when many blockchain projects die because only a few are using their platform. What is your team’s strategy and vision on this issue?
Our Blockchain project will not be developed to allow any smart contract to be deployed, we are creating a Blockchain the does not have any feature that is not compliant with sharia, so in this regards developers and projects that will work on ISLAMIBLOCKCHAIN should follow a specific guidance and rules. Our Muslim world population is near 2 Billion people and we believe that we need our own Blockchain for the Muslim world that will be sharia compliant saving a lot of time for investors from the Muslim world to search for compliance in other projects. We will also offer new protocols and technologies on the Blockchain that can benefit anybody in the world not only the Muslim community.
Q6 )Is your project a community only for English speaking an countries or for users not of other languages? না
Our project community is for all languages we can support you in (Arabic, English, French) for now and if you speak anyother language we can always try to help, later in the future when we have bigger community we will have a telegram group for each language.
Q7)Token Burn and BuyBack program play an important role in increasing Token value Do you have a token burn or buyback program plan to attract investors?
We have long term token (Locking) plans after listing that we will share with our community. We don’t have plans for burning any ISLAMICOIN, we relay on our projects to give power for ISLAMICOIN.
Q8 )DO TOKEN holders have the right to participate in THE management of other projects? Will they be ABLE to vote on a NEW decision about the project?
This is a project that we need to achieve for our Blockchain. We will work on this idea after we have our blockchain development ready. Voters should be holders of the token for a specific amount of time (we will decide soon about time holding). We want ISLAMICOIN community to be a part of decision makers in our project, however every thing should go through sharia compliance before voting
Q9 )plz sir, Do you have any..
1- Telegram Group
3- Tiktok Channel
For this project? What Social media Can I follow to get the latest Your Project information? Thaks sir.
1- Telegram: https://t.me/islamicoinchat
2- Twitter: https://twitter.com/islamicoin
3- Facebook: https://facebook.com/islamicoin
4- Youtube: https://youtube.com/c/islamicoin
5- GitHub: https://github.com/islamiblockchain/islamicoin
6- Website: https://islamicoin.finance
7- Instagram: https://instagram.com/islamicoin
8- LinkedIn: https://linkedin.com/company/islamicoin
Q10)Do you have AUDIT certificates?
or, Are you working to AUDIT your project, to make it more secure, trustworthy and reliable?
Our project is audited by Dessert Finance
Audit link can be seen on Polygonscan using the below link:
And this was the end of our AMA with ISLAMICOIN.
Some Useful Links :
Face book : https://facebook.com/islamicoin
Website : https://islamicoin.finance/
Telegram : https://t.me/islamicoinchat
Twitter : https://twitter.com/islamicoin
Yotube : https://youtube.com/c/islamicoin