Today, the Islamic Coin community is proud to announce the successful launch of the Islamic Coin (ICOIN). As of epoch 2,683,348 (or 3.14PM UTC on June 14), the Islamic Coin blockchain now supports smart contracts and user programmability via the Islamic Coin Virtual Machine, unlocking the enormous potential of an open data economy.
Islamic Coin was created to be the utility token of Islamic Coin NFT , a liquidity protocol originally based on the binance network. Islamic Coin holders can perform some operations within the protocol, such as staking (ensuring liquidity and receiving rewards in return), giving tokens for loans (and also being rewarded for doing so) and voting on Islamic Coin improvement decisions, since Islamic Coin is also a governance token.
Islamic Coin exists because decentralized governance is critical to building and managing a globally dispersed community—and therefore critical to the success of the Islamic Coin ecosystem. The Islamic Coin Improvement Proposal Process will allow Islamic Coin members to make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond. Islamic Coin membership is open to all Islamic Coin holders.
Listing Price 1 Islamic Coin = 0.05 USD
(MAX 10 BNB)
The initial total supply of Islamic Coin at mainnet was 1 billion tokens. Islamic Coin will have 8 digits of precision as part of the fraction where the minimal unit is called an Octa.
Category - % of Initial Token Distribution
Community - 51.02%
Core Contributors - 19.00%
Foundation - 16.50%
Investors - 13.48%
Contract Address - 0x7bb5577bb76EbF39097D0B5BAA57c308f2AB1F46
Islamic Coin is a governance and utility token used within the Filecoin-Binance ecosystem to empower a decentralized community building at the forefront of web3.
→ Islamic Coin was launched as the base layer to foster developments within the Islamic Coin Ecosystem. → Islamic Coin is the ecosystem’s governance token, allowing Islamic Coin holders to participate in DAO. → Islamic Coin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services. → Islamic Coin is a tool for third-party developers to participate in the ecosystem by incorporating Islamic Coin into services, games, and other projects.