Islamic Coin Launches Public Offering of Tokens – Here's What You Need to Know
Islamic Coin, a digital currency that aims to Shariah principles and promote ethical values, has initiated its Reg D Token Offering to the public in collaboration with OpenDeal Broker, a subsidiary of Republic.
In a Monday press release, Islamic Coin said it has partnered with Republic to support its market entry strategy.
Republic Crypto, the crypto advisory services division of Republic, will assist in customizing tokenomics, implementing DAO governance, and ensuring sustained economic utility value for the Islamic community.
The collaboration also involves establishing relationships with potential strategic partners, exchanges, and market participants.
"Following this public launch, members of the international Islamic Coin community will enjoy various benefits, including opportunities for providing liquidity, staking their holdings, and earning tokens during the liquidity mining phase," the announcement said.
Islamic Coin has recently raised $193 million in private sales, with the participation of prominent investors such as ABO Capital, DF 101, A195, and Optic Capital.
Additionally, the project has formed an exclusive integration with DDCAP Group, along with its extensive network of over 300 Islamic banks.
Islamic Coin is powered by HAQQ Network, a Shariah-compliant blockchain network, which aims to serve the world's 1.9 billion Muslim population and beyond.
A notable aspect of Islamic Coin is its commitment to charitable causes, as 10% of each issuance is dedicated to supporting philanthropic endeavors.
The royal families of Abu Dhabi have shown support for the HAQQ and Islamic Coin project.
Furthermore, the project benefits from the expertise of professionals in Islamic and traditional finance from Wall Street and the
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