Hundreds of crypto tokens are launched annually. However what occurs to most of them?
You’ll be shocked to know that 50% of all cryptocurrencies launched have both died, failed, or been deemed ‘malicious.’ Chainalysis knowledge reveals that over 3 million tokens had been launched in 2024. Solely 40% had been listed on DEXs; of these, 1.7% are nonetheless being traded.
Owing to the benefit of deploying tokens and the rise of memecoins, all types of scams, rug pulls, and deserted initiatives have snatched the hard-earned cash of buyers prior to now 12 months.
Regardless of blockchain being a clear and trustless ledger promising monetary freedom and democratization of the web, crypto has an enormous drawback of ethics.
Worldwide laws are underway. The crypto business, alternatively, has did not self-regulate or work compliantly. Nevertheless, new initiatives like Caiz are trying to interrupt the jinx.
State of The Crypto Market: 2024 Highlights
The crypto market cap just lately touched $3.8 trillion, with Bitcoin reaching a brand new excessive at $107K and the altcoin market booming to new heights. 2024 turned out to be a 12 months of milestones. January started with Bitcoin ETF listings on the world’s main asset managers, together with BlackRock, Grayscale, Bitwise, and so on. Ethereum ETFs adopted swimsuit.
A16z report highlights that person engagement and transaction quantity grew several-fold, led by DeFi, stablecoins, L2s, RWAs, and extra. Month-to-month energetic addresses hit an all-time excessive. The 12 months ended with Trump’s election because the President for the second time and the hope of a crypto revival within the US.
Dubai remained the most important hub for crypto and blockchain protocols. In Q2 of 2024, the amount of stablecoin transactions grew to $8.5 trillion throughout 1.1 billion transactions.
Caiz is the world’s first Islamic coin monetary ecosystem licensed by its in-house Sharia Supervisory Committee. The Caiz ecosystem includes a Sharia-compliant cryptocurrency, a safe and moral pockets, a Caiz Earn: in-house DeFi, a Caiz API for companies, and, lastly, the Caiz Chain. The Caiz Chain makes use of the brand new Fiqh-compliant IFBA (Islamic Federated Byzantine Settlement) consensus mechanism to confirm and file transactions. Caiz introduces a brand new hybrid mannequin consisting of the perfect of decentralized and centralized techniques. Caiz might be formally listed on main CEXs in February 2025.
Accountable Finance: Dangers and Future Potential
In case you had been instructed to decide on Bitcoin and Monero, which might you favor?
Most individuals would select Bitcoin over every other token, given its resilience, transparency, and safety features. Even after 16 years of its launch, Bitcoin stays splendid. Equally, initiatives like Caiz are organising new requirements in moral finance. Nevertheless, dangers stay because the market grows and extra gamers enter the crypto scene. The failure price stays excessive, and accountability in the direction of buyers is minimal.
The crypto market is thought for its volatility, and buyers stay prone to uncensored initiatives and zero-utility merchandise. Till laws discover their method and crypto initiatives self-regulate, the imaginative and prescient of an ethically decentralized web stays an thought.
With the inflow of latest customers and establishments, moral initiatives are well-positioned to capitalize on the $3.84 trillion alternative with their ethics-driven innovation and all-in-one monetary ecosystem on their very own blockchain.
We’d like extra initiatives primarily based on robust moral rules and a dedication to lawfulness that supply a number of alternatives to earn and profit beneath one roof. Let’s hope that Crypto market requirements might be reenvisioned quickly.
Crypto’s $3.8T Growth: Why This Moral Venture Might Be the Subsequent Massive Guess
Dangers: Hundreds of crypto tokens are launched annually. However what occurs to most of them?
You’ll be shocked to know that 50% of all cryptocurrencies launched have both died, failed, or been deemed ‘malicious.’ Chainlysis knowledge reveals that over 3 million tokens had been launched in 2024. Solely 40% had been listed on DEXs; of these, 1.7% are nonetheless being traded.
Owing to the benefit of deploying tokens and the rise of memecoins, all types of scams, rug pulls, and deserted initiatives have snatched the hard-earned cash of buyers prior to now 12 months.
Regardless of blockchain being a clear and trustless ledger promising monetary freedom and the democratization of the web, crypto nonetheless struggles with moral considerations.
Caiz, the world’s first moral monetary ecosystem, goals to carry credibility, belief, and reliability to the web3 business. Let’s discover how Caiz is standing out within the overcrowded crypto market and shaping the way forward for moral finance.
State of The Crypto Market: 2024 Highlights
The crypto market cap just lately touched $3.8 trillion, with Bitcoin reaching a brand new excessive at $107K and the altcoin market booming to new heights. 2024 turned out to be a 12 months of milestones. January started with Bitcoin ETF listings on the world’s main asset managers, together with BlackRock, Grayscale, Bitwise, and so on. Ethereum ETFs adopted swimsuit.
A16z report highlights that person engagement and transaction quantity grew several-fold, led by DeFi, stablecoins, L2s, RWAs, and extra. Month-to-month energetic addresses hit an all-time excessive. The 12 months ended with Trump’s election because the President for the second time and the hope of a crypto revival within the US.
Dubai remained the most important hub for crypto and blockchain protocols. In Q2 of 2024, the amount of stablecoin transactions grew to $8.5 trillion throughout 1.1 billion transactions. With the crypto market increasing to $3.8 trillion, initiatives like Caiz are trying to carve out a distinct segment by specializing in ethics-driven innovation
Compliant Method Adjustments Cross-Border Finance
Not like conventional finance, which regularly entails excessive charges, sluggish transactions, and restricted accessibility, Caiz leverages a fiqh-compliant method and blockchain to allow quick, honest, clear, and cost-effective cross-border funds. By integrating Fiqh-compliant rules throughout the ecosystem merchandise, Caiz ensures moral monetary practices whereas bridging the hole between standard banking and decentralized finance. Furthermore, the platform seems to be the primary mission to introduce a brand new hybrid mannequin consisting of the perfect rules of centralization and decentralization, making certain regulatory compliance for each product and repair supplied within the Caiz Ecosystem and sturdy safety.
The Caiz ecosystem includes a Sharia-compliant cryptocurrency, a safe and moral pockets, Caiz’s very personal DeFi–Caiz Earn, a Caiz API for companies, and, lastly, the Caiz Chain. The Caiz Chain makes use of the brand new Fiqh-compliant IFBA (Islamic Federated Byzantine Settlement) consensus mechanism.
Islam, as a faith, has very strict guidelines in the case of consumption and incomes. Caiz ecosystem is designed to be a Sharia-compliant monetary mannequin, and its merchandise guarantee monetary integration and faith-based values. Extra so, Caiz’s progressive product, GRAINS, brings collectively real-world belongings (RWAs), synthetic intelligence (AI), and stablecoins. These three improvements will combine to type the brand new commonplace of the monetary ecosystem.
Caiz Coin’s Subsequent Transfer: CEX Listings and Market Influence
Caiz Coin is getting ready for its upcoming listings on main centralized exchanges (CEXs) in 2025. This transfer might considerably enhance liquidity and accessibility for merchants and establishments on the lookout for compliance-driven crypto belongings.
With regulatory scrutiny tightening throughout the crypto sector, initiatives emphasizing transparency, safety, and moral finance, reminiscent of Caiz, are gaining traction. A CEX itemizing marks a key milestone, doubtlessly increasing Caiz’s attain whereas reinforcing its place within the rising crypto panorama.
Because the business evolves, Caiz is reshaping market requirements with its robust moral basis and dedication to lawfulness, providing a unified ecosystem the place customers can interact, earn, and profit responsibly.
to know extra about Caiz and its group? Go to https://caiz.com/
