HAQQ Network

About HAQQ Network

ISLM is Shariah-compliant digital money designed to cater to the World’s Muslim community. It is the native currency of HAQQ Network (Meaning “Truth”)—an ethics-first, scalable and interoperable Proof-of-Stake blockchain built using the Cosmos SDK moduleon with fast finality. Highlight/Vision: Haqq Network has grown from 0 to 6 million wallets in 10 months since launching its mainnet. Haqq has a daily active user _DAU_ count of 266,000. The Haqq Wallet app has 1.4 million installs across iOS and Android platforms. Deenar _$DEEN_ is a gold-backed stablecoin launching in August 2024 on the Haqq Network. Haqq’s roadmap has some projects already launched and will be launched this year. Haqq has a $40 million eco fund has already funded 25 projects. Token Economics: - Network Staking - Liquid Staking - Governance - Transaction Gas Fees - Spend in real-world with debit cards Technical Overview: HAQQ allows for running vanilla Ethereum as a Cosmos application-specific blockchain. This allows developers to have all the desired features of Ethereum, while at the same time, benefit from CometBFT’s PoS implementation. Also, because it is built on top of the Cosmos SDK, it will be able to exchange value with the rest of the Cosmos Eco through the Inter Blockchain Communication Protocol _IBC_. Token Allocation: *Partners and Advisors: 5.5516% Linear daily vesting until March 2029 and March 2032 _Depending on allocations of Partners and Advisors, largest allocation has longer unlocks_ *Private Sale: 13.5488% Linear daily vesting until March 2029 *Private Sale _reserved for contract obligations_: 5.2533% 6 Months Cliff, linear daily vesting over 60 months *United Contributors DAO: 23.8135% Linear daily vesting until March 2029 _Unlocked coins are kept in DAO until participants vote for withdrawal_ *Foundation _non-vested_: 2.1297% Will not be vested *Foundation: 17.3600% Linear daily vesting until March 2029 *Foundation _unallocated partners reserve_: 16.9863% 6 Months Cliff, linear daily vesting over 60 months *Evergren DAO: 10.0002% Charitable withdrawals will be available upon DAO module release on chain *Bored Gen DMCC: 0.9423% TGE: 100% *Community: 4.3872% TGE:100% *Republic Sale _Reg S_: 0.0257% 4 Months Cliff, then immediate full unlock *Republic Sale _Reg D_: 0.0014% TGE:100%