1000’s of crypto tokens are launched every year. However what occurs to most of them?
You’ll be stunned to know that fifty% of all cryptocurrencies launched have both died, failed, or been deemed ‘malicious.’ Chainalysis knowledge reveals that over 3 million tokens have been launched in 2024. Solely 40% have been listed on DEXs; of these, 1.7% are nonetheless being traded.
Owing to the benefit of deploying tokens and the rise of memecoins, every kind of scams, rug pulls, and deserted initiatives have snatched the hard-earned cash of buyers prior to now yr.
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. Nonetheless, new initiatives like Caiz are trying to interrupt the jinx.
State of The Crypto Market: 2024 Highlights
The crypto market cap 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 yr of milestones. January started with Bitcoin ETF listings on the world’s main asset managers, together with BlackRock, Grayscale, Bitwise, and so forth. 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 lively addresses hit an all-time excessive. The yr 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 most effective of decentralized and centralized techniques. Caiz can be formally listed on main CEXs in February 2025.
Accountable Finance: Dangers and Future Potential
Should you have been instructed to decide on Bitcoin and Monero, which might you favor?
Most individuals would select Bitcoin over another token, given its resilience, transparency, and security measures. Even after 16 years of its launch, Bitcoin stays ideally suited. Equally, initiatives like Caiz are organising new requirements in moral finance. Nonetheless, dangers stay because the market grows and extra gamers enter the crypto scene. The failure charge stays excessive, and accountability in the direction of buyers is minimal.
The crypto market is thought for its volatility, and buyers stay vulnerable 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 based mostly on robust moral ideas and a dedication to lawfulness that provide a number of alternatives to earn and profit underneath one roof. Let’s hope that Crypto market requirements can be reenvisioned quickly.
Crypto’s $3.8T Growth: Why This Moral Venture May Be the Subsequent Large Guess
Dangers: 1000’s of crypto tokens are launched every year. However what occurs to most of them?
You’ll be stunned to know that fifty% of all cryptocurrencies launched have both died, failed, or been deemed ‘malicious.’ Chainlysis knowledge reveals that over 3 million tokens have been launched in 2024. Solely 40% have been listed on DEXs; of these, 1.7% are nonetheless being traded.
Owing to the benefit of deploying tokens and the rise of memecoins, every kind of scams, rug pulls, and deserted initiatives have snatched the hard-earned cash of buyers prior to now yr.
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 deliver 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 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 yr of milestones. January started with Bitcoin ETF listings on the world’s main asset managers, together with BlackRock, Grayscale, Bitwise, and so forth. 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 lively addresses hit an all-time excessive. The yr 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 includes excessive charges, gradual transactions, and restricted accessibility, Caiz leverages a fiqh-compliant strategy and blockchain to allow quick, honest, clear, and cost-effective cross-border funds. By integrating Fiqh-compliant ideas 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 undertaking to introduce a brand new hybrid mannequin consisting of the most effective ideas 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 relating to 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 modern product, GRAINS, brings collectively real-world property (RWAs), synthetic intelligence (AI), and stablecoins. These three improvements will combine to type the brand new customary of the monetary ecosystem.
Caiz Coin’s Subsequent Transfer: CEX Listings and Market Impression
Caiz Coin is getting ready for its upcoming listings on main centralized exchanges (CEXs) in 2025. This transfer may considerably enhance liquidity and accessibility for merchants and establishments on the lookout for compliance-driven crypto property.
With regulatory scrutiny tightening throughout the crypto sector, initiatives emphasizing transparency, safety, and moral finance, comparable to 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 neighborhood? Go to https://caiz.com/
