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If you haven't already, you might want to check out my 'brief guide to the coin targeting 1.8 billion users'. In today's post, find out more about it's presale tomorrow, how you can get the coin for relatively cheap, and secure profit.
As you can tell from the ambitious project's whitepaper, which you can find here, it seeks to achieve a lot and for what it's worth, might reshape the future of Cryptocurrency in a large part of the world. This is why you probably want to know how you too can get your hands on it, as well as all the other relevant information. I will cover:
1. What makes this coin unique
2. How you can get it on presale tomorrow
3. My review on it's safety, and quality of investment
What makes this coin unique
You might've guessed it: it's the community oriented approach targeting Muslims globally, but not merely due to religious appeal, rather, tailors a solution towards the needs of a market yet untapped.
So what are these "solutions" and what are the problems in the first place?
Well let's start off by looking at the example of Islamic finance, and the solution that Islamic banks offer in Muslim majority countries as well as many other ones too. The problem is simple: faithfully, many Muslims abstain from certain financial activities such as usury and interest. They are also liable to pay a certain amount to charity each year in a command called Zakat: essentially, if you meet a certain threshold of income, you must donate 1/40 (or 2.5%) of your wealth to charity each year. The best explanation for this is provided below:
- It is an obligation for Muslims who meet a necessary income threshold to donate a portion of their wealth to the homeless and underprivileged. This can be through other charitable causes too.
- Many treat it as a form of purification of excess wealth. It also makes Muslim communities in countries such as the United Kingdom, the largest donating demographic.
- Zakat is calculated as roughly 2.5% or 1/40 of a person's total savings or wealth for a year.
- Not everyone owes Zakat, such as children and dependents or anyone below the threshold minimum requirement
MUSC Revolutionizes this...
This is a major selling point for the currency as "Muslim Coins tokens are carrying within, embedded in their code, the possibility to exercise one’s zakat simply by using the tokens. Through a simple line of code, 2.5% of all transactions will be taken and converted into classical currency, then reversed to the associated NGO or charity of one’s choosing, whether it be the Islamic Relief Organization, the Red Crescent, Muslim Aid, and so on... That function will also be enabled when the Muslim Coins credit card will be developed, allowing one to make a direct zakat when using the card in any situation" (Whitepaper, MUSC).
Not only will the Muslim Coins team allow a very simple and automated way to pay Zakat, but will also appeal to those that need Islamic credit facilities.
But be careful to make any presumptions
The project is oriented towards investors everywhere. Likewise, the team invites everyone to participate and become an initial investor in a solution that should, in theory, be easily absorbed by the same market that deals with Islamic Finance. The telegram chat itself is testament to this with people having joined from all over the world, and of various religious backgrounds.
Presale tomorrow
Initially, the token was to be released to 500 lucky registered users. Astonishingly, the demand for the token has already beat the point where this is a feasible number, and the developers will expand the list so make sure you get in now.
How?
Follow this link to register for the "whitelist":
https://sweepwidget.com/view/29148-h6ra3c98/mc15fh-29148
This essentially allows your wallet address to be able to buy the token at presale prices from the launchpad spaceseed.finance.
The countdown timer is live and the token will be released tomorrow. We will discuss the launchpad and team in a little more detail below.
My Review: Safety and Investment
In the Crypto sphere, you want to be absolutely sure of the project you are putting money into as it is not uncommon to hear of scams and "rugpulls". Follow me for the article on "Rug pulls" that I am working on to spread some awareness amongst the Crypto community.
However, back to the focus. You can be sure of this project due to two reasons:
1. The team at Spaceseed is fully doxxed and the launchpad has held an audit on MUSC
2. The MUSC team itself comprises of professionals, including from Tesla, who reassure the users regularly through AMAs (ask me anything video call sessions)
It is with this transparency that investors are kept in the loop about what is going on behind the scenes, and the latest developments.
As for the investment side of things, the token is to launch on presale at a bargain price of 0.035USDT, which will allow you to already lock in profit for the launch price of 0.05USDT.
Pretty cool, right?
Here's the catch. The team is anti-whale and stay committed to decentralisation. This is in the original spirits of Blockchain and Cryptocurrency which will also ensure that there is no dumping or manipulation.
They have limited minimum and maximum purchases in order to do this. So provided you are under the limit, you too can make 42% profit, right off the bat.
If you enjoyed this article and found it informative, be sure to follow me for regular updates in Crypto, Gaming, and some other cool stuff! Let me know your questions down below. Also make sure to join the AMA presale tomorrow if you have any questions for the team.
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My exchange platform of choice (receive 50USDT bonus): https://www.aax.com/invite/sign-up?inviteCode=p1M9BSyjGJ69
