BIOKRIPT:-THE FIRST HYBRID CRYPTOCURREN Y TRADING PLATFORM THAT COMPLIES WITH SHARIA LAW.
INTRODUCTION
The world's first product of its sort is Biokript. Biokript platform enables you to use the most appropriate financial product based on a sophisticated sharia-compliance testing procedure. By investing in a product that generates returns that are Sharia-compliant, our consumers can diversify their investment portfolio thanks to the underpinning technology we've developed.
Through its two distinct channels, the hybrid cryptocurrency trading platform Biokript provides both traditional fiat-based cryptocurrency trading and blockchain-based halal-compliant cryptocurrency trading. While the latter route serves the demands of rigorous sharia law compliant merchants who do not employ interest-based financial instruments, the former channel allows traders to conduct transactions using fiat currencies.
It combines the greatest elements of the traditional and cryptocurrency marketplaces into a single, cohesive platform. By allowing you to invest in more than 500 coins on one platform, our platform assists you in achieving asset diversification and enables you to trade with confidence. * The cryptocurrency industry is revolutionised by Biokript by combining the advantages of both traditional finance and cryptocurrency markets.
The first hybrid cryptocurrency trading platform that complies with Sharia law is called Biokript. We will support the development of digital assets while adhering to Islamic law to the letter. Our staff wants to make trading as simple as possible for you, whether you are an experienced trader or are just getting started with cryptocurrencies.
PARTICIPATIONS OF BIOKRIPT
A utility token called Biokript enables users to pay for transactions that are carried out on the Biokript trading platform. the first Islamic cryptocurrency ecosystem. Digital currency called Biokript is based on the blockchain technology. In the Islamic world, it will be the leader of the digital economy.
This means that both people who adhere to specific forms of Islam and others who do not will utilise Biokript. The platform enables independent smart contract generation, which is essential for effective Islamic financing.
The cryptocurrency trading platform Biokript has a special feature called pooling that enables users to combine their cash on the market and make earnings equal to their investment.
GOAL OF BIOKRIPT
The website Biokript.com was created by Biokript and mixes Islamic principles with the advantages of western banking. By launching the first hybrid, sharia-compliant cryptocurrency trading platform in the world, it is fusing the best of the east and west. The finest cryptocurrency trading platform offers customers a secure trading environment in addition to being sharia-compliant. The greatest asset manager for investments that must adhere to sharia law is Biokript.com.
We will launch the first exchange of hybrid sharia-compliant crypto token and fiat money. We're addressing this issue by providing a platform that makes it simple for everyone to enter and trade in the cryptocurrency market.
OUR BUSINESS MODEL
A substitute employing Stellar Blockchain technology that complies with Shari'ah law is available for Muslims and non-Muslims.
The original hybrid cryptocurrency trading platform, Biokript, complies with Shari'ah law in full and allows users to transact in any asset type from anywhere in the globe.
In order to build a global marketplace where anybody may buy and sell assets using cryptocurrencies or fiat currencies, Biokript's exclusive two-in-one platform combines the advantages of blockchain technology with the legal requirements of Islamic financial services.
Biokript Exchange Use Cases
Biokript combines the best features of traditional stock exchanges and cryptocurrency exchanges in one location, resulting in a one-of-a-kind ecosystem that covers all key aspects of the cryptocurrency market. It is a blockchain-based trading platform that enables traders to quickly trade and invest in the cryptocurrency market. The platform is based on a hybrid approach that combines the benefits of centralized and decentralized systems.
It is a revolutionary platform that blends the finest of established and emerging financial markets. Biokript will provide customers with an easy-to-use and safe platform for trading cryptocurrencies, equities, and commodities by combining a unique combination of smart contract technology, blockchain, and sharia-compliant asset management.
Investors may use Biokript to trade in cryptocurrency markets, equities, and indices. The platform intends to reach out to all individuals who are interested in the crypto business but lack the expertise or guts to embrace it by providing investment opportunities with sharia-compliant revenue streams.
You may easily trade your crypto assets and fiat dollars here. Furthermore, Biokript will provide simple Shariah-compliant solutions for investors with various extents of risk tolerance.
Features of Biokript
Low Trading Fee: Biokript offers a cost-effective trading experience as it has tight spreads and low commission rates. This means that traders can save on trading fees while trading popular coins such as BTC, ETH, LTC, XRP, and others.
Powerful Order Matching Engine: Biokript has a high-performing order matching engine that can handle over 500,000 orders per second. This means that traders can execute their trades quickly and efficiently, without experiencing delays or lags in the platform.
Suitable for Novice and Professional Traders: Biokript is designed to cater to both novice and professional traders. Its user-friendly interface makes it easy for beginners to navigate and execute trades, while its advanced trading tools and features cater to the needs of professional traders who require more complex trading strategies.
Aims/Objective
Provide Shariah-compliant crypto services: Biokript aims to provide crypto services that are compliant with Shariah law, which is the Islamic legal framework. This means that the platform is designed to ensure that its services adhere to the principles of Islam, which includes avoiding interest-based transactions and investing in businesses that are ethical and socially responsible.
Move the world towards decentralization: Biokript aims to contribute to the decentralization of the world’s financial system by promoting the use of blockchain technology. Blockchain technology is a decentralized system that allows transactions to be recorded on a distributed ledger, eliminating the need for intermediaries such as banks. By educating people about the benefits of blockchain technology, Biokript aims to promote its adoption and move the world towards a more decentralized financial system.
Educate people about blockchain technology: Biokript aims to educate people about the benefits of blockchain technology, which includes its security, transparency, and efficiency. By educating people about blockchain technology, Biokript aims to increase awareness and promote its adoption, which can lead to a more decentralized financial system that is accessible to everyone, regardless of their location or socio-economic status.
Smart contract
Biokript will use Binance smart chain contract in order to distribute profits to all the token holders. From the exchange’s wallet, where all the trading profits are held, every month they will execute a market buy order of Biokript tokens. This will stimulate the price growth and increase investors’ faith in Biokript token.
Token distribution
Token sale: 35% Treasury, airdrops, community:30%
Founders and team: 15%
Listing and liquidity: 15%
Advisors/Ambassadors: 5%
Token presale schedule
October 31, 2022:
Private Sales Round A: 2%, that is 10M tokens at $0.005/ 10% at TGE[1] then 10% quarterly.
June 27th 2023:
IDO (Initial DEX offering)
15% that is 75M tokens, 100% unlocked
August 5th, 2023:
IEO (Initial CEX offering)
18% that is 90M tokens, 100% unlocked
Biokript permits trading on traditional exchanges as well as trading based on Islamic finance principles, considerably expanding the variety of alternatives for investors. It is built on blockchain technology, which not only provides a safe, secure, and user-friendly trading environment, but also assures that all users will always be 100% Islamic compliant. In other words, Biokript's business model is perfectly compliant with Islamic teachings about financial transactions.
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Writer’s Information
Name: oladejo David
Bitcointalk Usernname: @sirtobee001
Telegram Usernname: @olaleyee
Bitcointalk Profile Link-https://bitcointalk.org/index.php?action=profile;u=2363382;sa=summary
BSC Wallet Address: 0x13B8aDa0a8b0e366B26Ff581e3BE9B5635DdB198