Islamic Coin Introduces Community Rewards Program
Islamic Coin, a Shariah-compliant digital asset ecosystem built on the Haqq Network blockchain, has launched a Community Rewards program to show appreciation for the community’s support and contribution to its growth. The initiative was announced on October 11, 2023, and aims to create an ethical Web3 finance environment by integrating on-chain activities with diverse rewards.
#ISLM Rewards: A Symbol of Gratitude
The Community Rewards program, known as #ISLM Rewards, is a way of expressing gratitude towards the community for their unwavering support in realizing Islamic Coin’s mission. The primary objective is to enrich the HAQQ ecosystem and foster a sense of ethical finance.
Reward Waves Explained
The rewards are divided into waves, each targeting different segments of the community based on their level of engagement. The first wave, which took place on October 10, 2023, celebrated the official token and HAQQ Network mainnet launch and distributed 20,357,500 ISLM among 58,376 community members.
Second and Third Wave Retrodrops
The second wave focuses on deepening user engagement and is part of #TheHaqqExpedition community program. It rewards users based on their previous interactions and contributions to the HAQQ Network. The third wave targets the most active and engaged community members, offering significant rewards that align with HAQQ’s growth metrics.
Fair Distribution through Reward Tiers
To ensure fairness, the rewards are categorized into tiers based on community members’ commitment to Islamic Coin’s mission. The distribution began on October 11, 2023, with rewards ranging from 100 ISLM to 35,000 ISLM, depending on the level of engagement.
Eligibility and Claim Process
Community members can check their eligibility for rewards by connecting their wallets to the specified platform (shell.haqq.network/airdrop). Once verified, eligible members can claim their rewards, which are distributed daily.
Exclusion for Dubai Residents
Dubai residents are exempt from receiving these rewards, as stated by Islamic Coin.
Hot Take: Nurturing an Ethical Financial Future
The Islamic Coin Community Rewards program is a significant step towards nurturing a Shariah-compliant Web3 future. By implementing a structured reward system, Islamic Coin not only acknowledges the community’s efforts but also encourages deeper engagement and ongoing support in achieving a shared ethical financial future.
By
By
By