Blockchain

How religion influences the blockchain industry

meta kawn

The crypto industry bears all the hallmarks of religion: the mysterious identity of bitcoin’s founder, Satoshi Nakamoto, elevated him to a spiritual force. The influence of spirituality or faith has been present since bitcoin’s genesis block in 2009. It’s not a new concept that came out of nowhere but the level of influence of religions is now moving towards something new, changing the blockchain and crypto sector.

With so many developments going on in this space, the “religious factor” strongly influences various projects. In fact, many projects incorporate a religion-based approach to empowering communities through blockchain solutions such as NFTs and the Metaverse.

By imbibing this out-of-the-box approach, MetaKawn – an NFT and metaverse project – is making strides in the Web3 space. They are building the first Metaverse inspired by modern Muslims, and open to all who share the same human values. Moreover, they bridge the gap between content creators of all niches while benefiting their fans. And, to add an extra layer, a % of royalties from NFT transactions will go to the Kawn Fund to support causes (charitable programs) and creators.

MetaKawn: Empowering Islam with Blockchain and Crypto

Cryptocurrencies were developed to facilitate peer-to-peer transactions that operate independently of the central bank. They were designed for borderless transfers as they were not limited to one country or territory and there was no authority controlling the monetary mechanism of these assets.

Although they were designed as a currency, it didn’t take long to become a speculative asset for trading. Currently, there are thousands of cryptocurrencies available, and the majority of them are a gamble due to their high price fluctuations. Moreover, the introduction of NFTs has also sparked debate due to their speculative nature like cryptocurrencies. In fact, most of them are pumps and dumps that have drained millions of dollars from investors.

MetaKawn, on the other hand, is very different from other projects with its MetaKawn huffaz NFTs. It adheres to Islamic principles which prohibit speculation and trade. It aims to enter the NFT space and metaverse respecting the social ethics of Islam. Additionally, it creates the world’s first metaverse for modern Muslims who are proud of their heritage while embracing modern life worldwide. Ultimately, it bridges the gap between content creators and their subscribers by ensuring fairness within the community.

Powering Islamic Creators through NFTs and the Metaverse

Using NFTs and the metaverse, MetaKawn aims to inscribe the Quran on the blockchain, launching its first NFT collection, dubbed the MetaKawn Huffaz Club.

The collection includes 6,348 unique NFTs that represent a generation of modern Muslims, Huffaz women and Huffaz men. The collection comes with meaningful and sturdy utility.

The inspiration comes from the concept of the Huffaz, who have preserved the Quran since its creation and thus protected the values ​​of Islam.

There are many similarities between the Blockchain system and the Quran reservation process. In time, the new verses of the Quran would be presented to all record holders (Huffaz) and let them know where the verse should be recorded with reference to other verses, thus slowly building the first Blockchain, the Quran.

The total number of avatars in the MetaKawn Huffaz Club is 6,348, corresponding to the sum of Ayats in the Quran. For each Huffaz NFT, an Aya will be given to its holder during the last 10 days of the month of Ramadan.

MetaKawn Huffaz Ambassadors will power the MetaKawn Huffaz Club, which will include a wide range of categories. In addition, many ambassadors, world famous celebrities in various fields, will be selected to be part of the program. The aim of the ambassadors is to strengthen their relationship with their audience by offering exclusive benefits through the use of NFT and blockchain technology, and also by highlighting the success stories of modern Muslims.

Making room for religions with Blockchain solutions

Religions have a significant impact on the blockchain industry. In fact, this is just the tip of the iceberg, as more religions and cultures will undoubtedly join the NFT and metaverse craze in the future. And, with projects like MetaKawn leading this innovation, it’s obvious that the religious influence on blockchain projects is here to stay. NFTs and the metaverse have opened doors for innovation and new ideas. And, with more culture and religion influencing the blockchain space, it’s fair to say we’re on the path to a better future.