Islamic Coin(ISLM) Startup Free Offering on Gate.io

Gate.io Startup will launch its next project, Islamic Coin(ISLM), on December 21st, 2023 at 04:00 AM (UTC).

Startup Link: https://www.gate.io/startup

Introduction to Islamic Coin(ISLM)：

HAQQ is an ethics-first L1 blockchain that brings together sustainability-centered developers, validators, open-source contributors, and Muslim innovators in sustainable finance with its native asset - Islamic Coin.

As an EVM-equivalent chain built using the Cosmos SDK, HAQQ’s innovative technology allows for the seamless deployment of smart contracts from other EVM chains. HAQQ aims to create a fairer, more sustainable financial system by balancing Shariah-compliant philosophy with cutting-edge technology using Shariah Oracle - an on-chain registry of Halal Certificates which assures compliance with Islamic principles. HAQQ ensures that its users interact exclusively with whitelisted Shariah-compliant dApps, minimising unethical or Haram activity within the network.

(The information below is provided by the Islamic Coin(ISLM) team. Please follow the website for more information）

Token Information
Token name: Islamic Coin
Token symbol: ISLM
Max Supply: 100,000,000,000 ISLM
Token Type: Mainnet Token
Token Contract:
N/A

Token Distribution and Unlocked Rules:
*Private Sale Buyers: 14.65%
6 months cliff, 24 months vesting.

*Reserved Private Sale: 5%
will be locked upon distribution.

*Distributed Team: 15%
12 months cliff, 24 months vesting.

*Undistributed Team: 5%
12 months cliff, 24 months vesting.

*Strategic Partners: 15%
6 months cliff, 60 months vesting.

*Strategic Partners(non-distributed): 4%
will be locked upon distribution.

*Advisors: 8.35%
6 months cliff, 24 months vesting.

*Business Reserve: 22.4%
1B unlocked immediately, the rest is 6 months cliff, 24 months revesting.

*Distributed Non-vested: 0.4%

*Distributed Vested: 0.2%
6 months cliff, 24 months vesting.

*Evergreen DAO: 10%
locked until DAO is implemented.

Website: https://islamiccoin.net/
Whitepaper: https://islamiccoin.net/whitepaper
Token Information:
https://explorer.haqq.network/

Islamic Coin(ISLM)Startup Sale Rules

(1) Duration: 04:00 AM on December 21st - 04:00 AM on December 22nd (UTC), 2023 Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 08:00 AM on December 22nd (UTC), 2023
(3) Price: $0; Startup Supply: 344,828 ISLM
(4) Unlocking Rule: 100% Unlock
(5) Startup Participation Rules:
Each user can only purchase once with KYC account.
a) Startup Participation Rules for VIP Users:
1.For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.
2.Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, whether the Non-VIP Users win or not will be announced at the end of the project subscription.
A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/article/31899
(6) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(7) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behaviour, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

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