WAHID Token Description
ENTER THE METAVERSE OF ISLAM
WAHID Token Decription
WAHID Tokens are 'crypto tokens' just like Bitcoin or Ethereum. These are digital assets or unit of value that exists on a blockchain. Crypto tokens are created, managed, and exchanged using 'smart contracts' and cryptographic algorithms to ensure security and transparency. They often represent various types of utility or value within a particular ecosystem and can be used for multiple purposes.
These tokens provide access to a product or service within a specific platform or ecosystem. For example, they can be used to pay for products and services, transactions, access premium features, or vote on platform governance decisions etc. Tokens are used as a store of value as well and are traded on exchanges providing liquidity. If the platform does well, tokens can significantly increase in value. In other words, the platform's user community has a shared interest in the success of the platform.
The Significance of 'ISLAMIC Metaverse' and the WAHID Token on Blockchain The WAHID token symbolizes the Islamic teachings of high moral and ethics and a truthful life. The main purpose of the WAHID Token is to provide a mechanism for the global human population to leverage the Blockchain technology - a technology that is many ways is the 'computer codefied' version of Islamic teachings. Islamic teachings and Blockchain technology have many things in common. Both place a strong emphasis on Trust, Transparency, Equality and Accountability in day-to-day human interactions. Blockchain however adds 'immutability' and 'frictionless transactions' as a bonus - which means that all financial transactions in the community can be done seamlessly, instantly and in a 100% secure and immutable manner.
Some key principles of Islamic teachings include:
Equality: Islam advocated for the equality of all human beings, regardless of caste, gender, or social status.
Islamic teachings have had a lasting impact on millions of people around the world. Islam's message of truthful living, unity, compassion, and social justice continues to resonate with approx. 1.5 billion followers all over the world.
Mosques: Mosques are places that serve not only as prayer facilities but also are important community centers. They provide Muslims with a space to gather, pray, and engage in communal activities, fostering a sense of unity and togetherness. Mosques are open 24x7x365 to people reflecting the Islamic value of inclusiveness. There are over a million or even more mosques worldwide and many popular ancient Mosques are popular tourist sites as well.
Strong family values: Islamic families often emphasize the importance of close family relationships and interdependence. This focus on family connections contributes to the social cohesion within the community.
Overall, the Islamic community is characterized by a strong sense of togetherness and shared values that stem from the core teachings of the Holy Quran. This social cohesion helps Muslims support each other and work towards the common good.
In Summary, the METAVERSE OF ISLAM will provide the 'Global Ecosystem' for the Islamic community (and of course millions of others who want to join) while the WAHID Token as the digital currency, store of value and means of payments for utilizing the ecosystem and its services. This ecosystem will be for eternity since the foundations are on the immutable and globally distributed and decentralized BLOCKCHAIN. .
Last updated