Islamic Coin (@Islamic_Coin), a Shariah-compliant virtual asset ecosystem running at the Haqq Community blockchain, has offered a Neighborhood Rewards program. This initiative, introduced on October 11, 2023, is designed to realize and interact the group which has considerably contributed to the expansion and sustainability of Islamic Coin since its inception in 2022.
The Neighborhood Rewards program, termed as #ISLM Rewards, is a logo of gratitude against the group’s unwavering reinforce in pursuing Islamic Coin’s project and imaginative and prescient. The core goal is to create a moral Web3 finance setting, bringing in combination on-chain actions and numerous rewards to additional enrich the HAQQ ecosystem.
Praise Waves Defined
The rewards had been structured into waves, with each and every wave focused on other group segments and engagement ranges.
Preliminary Wave Praise (October 10, 2023):
Celebrates the legit token and HAQQ Community mainnet release.
Devoted to proactive group participants, ambassadors, stakers, citizens, validators, and participants within the broader Cosmos ecosystem.
Overall rewards: 20,357,500 ISLM dispensed to 58,376 group participants.
2d Wave Retrodrop:
Marks the 4th Wave of #TheHaqqExpedition group program.
Rewards are in response to earlier interactions and contributions to the HAQQ Community.
Specializes in deepening consumer engagement, from token bridging to staking.
third Wave Retrodrop:
Comprises key metrics of HAQQ enlargement, focused on essentially the most lively and engaged group participants with vital rewards.
Additional main points to be introduced
Praise Tiers:
The rewards had been categorised into other tiers to verify a good distribution to these actually dedicated to Islamic Coin’s project. The primary distribution commenced on October 11, 2023, with rewards starting from 100 ISLM to 35,000 ISLM in response to the class and stage of engagement of group participants.
Eligibility and Declare Procedure:
Neighborhood participants can take a look at their eligibility for the rewards through connecting their wallets at the specified platform (shell.haqq.community/airdrop). Upon verification, eligible participants can declare their rewards, which might be dispensed as soon as each and every 24 hours.
Exclusion:
Citizens of Dubai are exempt from those rewards as according to the disclaimer equipped through Islamic Coin.
Islamic Coin Neighborhood Rewards is a considerable step against nurturing a Shariah-compliant Web3 long term. The structured praise device no longer handiest recognizes the group’s efforts but additionally encourages deeper engagement and steady reinforce against attaining a shared moral monetary long term.
Symbol supply: Shutterstock
