 "What Is Islamic Coin? All About Shariah-Compliant Cryptocurrency That Announced Public Token Offering")
The Shariah-compliant cryptocurrency Islamic Coin has announced plans to launch a Reg D public token this month via Republic’s OpenDeal Broker for both centralized and decentralized exchanges.
Islamic Coin, also known as ISLM is a new player in the world of cryptocurrency. It is a native currency of HAQQ, a community-run network, dedicated to empowering Shariah-compliant financial ecosystem. The Haqq blockchain is built on the Cosmos SDK. ICNetwork Ltd is the developer of the HAQQ Blockchain. ICNetwork Ltd is a privately financed technological enterprise founded by a group of blockchain and fintech entrepreneurs. Its founders include Andrey Kuznetsov, Alex Malkov, Mohammed AlKaff AlHashmi and Hussein Mohammed Al Meeza.
Islamic Coin had earlier partnered with Republic Crypto, the Web3 advisory branch of digital finance firm Republic. Islamic Coin's public token is currently scheduled for a September launch. The cryptocurrency’s team said that the token launch will mean that retail investors will be able to participate in what used to be a project financed exclusively by large venture capital funds.
Islamic Coin has already raised over $400 million, including funding from Alpha Blue Ocean's ABO Digital, DF101, Futurecraft Ventures, and Optic Capital.
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