BIOKRIPT TOKEN
#BIOKRIPT #PARTNERSHIP #SOLANA #EXCHANGE #HYBRID #SHARIAH
INTRODUCTION
The crypto world has grown exponentially in the last few years, with hundreds of new cryptocurrencies being created. Biokript is a Shariah-Compliant decentralized investment platform, which intends to bring the next phase of Blockchain technology to the world of Islamic Finance by introducing an innovative system that allows users to set their own parameters on what they are comfortable investing in. The platform will allow users to participate in all aspects of Shariah Compliant trading and investing
Biokript is a unique cryptocurrency exchange that provides decentralized off-chain liquidity pool for any digital assets to be used by any other projects and applications. Biokript offers all the same features as centralized exchanges but with the added benefits of being fully decentralized, secure, transparent and fast.
Biokript is a new exchange that makes it easy for you to securely buy and sell tokens. With Biokript, you hold your funds yourself, and don’t have to worry about losing them because of an exchange hack. In addition, with 2FA and vetting of only verified tokens, users are getting more security than they would on a regular exchange. We strongly believe that a decentralized network is the future and should be adopted by everyone. We strive to make this a reality by ensuring that all exchanges, wallets, and intermediaries allow users to own their private keys. This way, they can have full control over their funds and data.
At Biokript, we’re building a platform that makes crypto trading simple and easy for everyone. Our platform is designed to be user-friendly and accessible for all, so you can start trading crypto without any hassle. With Biokript, you can trade crypto without all the complicated bells and whistles — we make it easy so you can focus on what’s important: making profitable trades. We provide a next generation solution that enables you to store your cryptocurrency in a cold wallet on the blockchain, but with an easy and secure way of spending those funds. Biokript gives you the security that your funds cannot be hacked or stolen.
MISSION
Biokript is a company that specializes in providing Muslims and other investors with secure investment options in a decentralized manner. The company believes that this will make it easier for Muslims to participate in the global economy and help to reduce the risk of investments.
VISION
Biokript have faith in the blockchain technology and its ability to decentralize the world. Our goal is to provide Sharia-complaint crypto services and educate people about the blockchain through our work. We believe that by doing this we can move the world closer to decentralization and be the world’s most reliable and secure platform for exchanging cryptocurrency, thereby removing wash trading with simple solution.
CHARATERISTICS OF SHARIAH COMPLIANT INVESTING
Profit Sharing
Not engaged in gambling
Not engaged in Interest, Leverages and futures
Invest in Lawful activities only
Uphold ethical and moral values at all times.
BIOKRIPT TOKEN ($BKRPT)
The $BKRPT token will be used to facilitate transactions on the Biokript platform. This token will help to provide a secure and efficient way for users to conduct transactions.
$Bkript is the most secure way to store and use cryptocurrency. $Bkript has the solutions to all your current crypto woes. If it’s not your keys, it’s not your crypto — and we can help you keep track of everything so you can focus on what’s important
At Biokript, we’re eliminating wash trading with a simple solution which is to share the profits generated by trading fees, $Bkript holders will benefit from each trade done on the platform. This way, everyone benefits from a fair and transparent market.
OUR SMART CONTRACT
We are in the final stages of our smart contract audit. The Biokript team has been working tirelessly on the platform to ensure that it is secure and compliant with all regulations. We are confident that we will be able to launch our platform soon and provide a much needed service to the crypto community.
TOKEN BURN
To create scarcity, we’ll burn a certain percentage of all trading fees. 10% of all revenues will be set aside for token burn, and for every 100% Bkrpt appreciation, we’ll start by burning 5% of the entire token supply. This burn rate will be dynamic, so in the case of rapid price appreciation, the percentage burned will move down to 4%, 3%, 2%, and 1%. If we don’t achieve
TOKEN DISTRIBUTION
Biokript is committed to ensuring that our investors see a healthy return on their investment, and we believe that this profit-sharing model is the best way to do that. We believe that this model will also incentivize our investors to help us grow the company, as their success is directly tied to our success.
Total supply: 500,000,000
Token sale: 35%
Treasury, airdrops, community and team: 15%
Listing and liquidity: 15%
Advisors: 5%
TOKEN SALE SCHEDULE
October 2022
Private Sales Round 1
10%-50M tokens at $0.005/10% at TGE then 10% quarterly
January 2023
Private Sales Round 2
10%-50M tokens at $0.0075 /10% at TGE then 10% quarterly
April 2023
IDO — Initial DEX offering
15% — 75M tokens at $0.015/100% unlocked
FEATURES OF BIOKRIPT
API RATE LIMIT
It’s important for businesses to have rate limiters in place to help control how much data is being transferred at any given moment. This is especially true for companies that have a lot of users and/or brokers working on their behalf. By having a rate limiter in place, it helps to keep everyone working more efficiently and prevents any one user from overloading the system.
BULK ORDERS
You can post or cancel multiple orders in a single request. This can come in handy if you need to make changes to your orders quickly or if you need to cancel a large number of orders at once.
POST ONLY ORDER
It’s an advanced limit order that guarantees it’ll either be a maker or get canceled.
STOP LOSS
This type of order allows you to take advantage of market fluctuations and can be used to buy or sell assets quickly when buying or selling a specific asset at a certain price.
STOP LIMIT
A limit order is an order type that enables traders to specify the price at which they would like to buy or sell an asset. Limit orders are useful for traders who want to take control of their entry and exit points, as well as for those who want to trade at a specific price.
CONCLUSION
As the crypto market matures and becomes more accessible, it becomes increasingly important for such investors to have access to credible, reliable, and legitimate platforms. This is where Shariah-compliant assets and crypto trading platforms come into play. We hope that this article has provided you with some useful information about this new asset class.
PROJECT LINKS
Webiste: https://sol.biokript.com/
Whitepaper: https://whitepaper.sol.biokript.com/sol
Telegram: https://t.me/biokript
Twitter: https://twitter.com/biokript
Facebook: https://www.facebook.com/biokript
Instagram: https://www.instagram.com/biokript/
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