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Author Topic: OneGram Seeks $500m for Sharia-Compliant, Gold-Backed Cryptocurrency  (Read 195 times)
TravelMug
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May 29, 2017, 04:33:46 PM
 #1

"OneGram, a new Sharia-compliant, gold-backed cryptocurrency, has launched its OGC token crowdsale which began at the onset of Ramadan and will continue for 120 days. OneGram seeks to raise $500 million by selling more than 12 million OGC tokens."


https://www.financemagnates.com/cryptocurrency/news/onegram-seeks-500m-sharia-compliant-gold-backed-cryptocurrency/
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May 29, 2017, 04:58:33 PM
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Well Sharia Banking now has become accepted world wide and not everyone wants to live a debt ridden life paying a ton of interest so I say go for it. Anything goes in Crypto, as long as it isn't used for criminal or other negative activities, everyone should be able to make their mark in this industry. If you think that there are 2.8 Billion Muslims around the world, then you have a market for it.  Cheesy

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May 29, 2017, 05:14:21 PM
 #3

Well Sharia Banking now has become accepted world wide and not everyone wants to live a debt ridden life paying a ton of interest so I say go for it. Anything goes in Crypto, as long as it isn't used for criminal or other negative activities, everyone should be able to make their mark in this industry. If you think that there are 2.8 Billion Muslims around the world, then you have a market for it.  Cheesy

As long as it can fulfilled as Sharia complaint bank then it will be good for the Muslims globally. No middle men, no interest rate to pay. But I do believe that since this is a bank, they will take just a little bit of interest. Because without interest how can they survived and pay its employees and earn profit as business?


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