HAQQ Network - September In Review
Haqq Network
Home of Shariah-compliant and ethics first web3. $ISLM is the native currency of HAQQ.
Here's a quick recap of all key highlights and milestones of HAQQ and ISLM from the past month!
Software Upgrade: EVM Extensions
HAQQ Network has successfully implemented EVM Extensions with precompiled smart contracts, marking a major leap in interoperability between EVM and Cosmos layers. This upgrade opens up exciting new possibilities for developers and users, enabling seamless cross-chain interactions and further enhancing HAQQ’s connectivity and user experience across multiple networks.
Deenar Gold Goes Live on Osmosis & Enables Fiat Onramp
Deenar Gold is now available on Osmosis, the premier DEX in the Cosmos ecosystem, providing access to tokenized gold for over 250 dApps managing $66 billion in assets. Additionally, we’ve integrated a fiat onramp, enabling users across 30+ countries, including India, Turkey, UAE, Nigeria, and Indonesia, to purchase Deenar Gold using local currencies and payment methods.
TOKEN 2049 Participation
The HAQQ team attended TOKEN 2049, the world’s largest crypto event in Singapore on September 18-19. We connected with top industry leaders, participated in key side events, and introduced the concept of ethical Web3, tailored for Muslims and value-driven communities. Our discussions with potential partners and exchanges were highly productive, setting the stage for new growth opportunities.
First In-Person Community Meetup in Africa
We’re excited to host our first African event in Ilorin, Nigeria. This community meetup will spotlight HAQQ ecosystem offerings and Nigeria’s leadership in global crypto adoption—ranking 2nd worldwide in crypto usage and #1 in peer-to-peer exchange volumes. With 33.4 million crypto users, including 1 million in the HAQQ & ISLM community, we’re committed to further driving adoption while addressing the barriers many Nigerians face in accessing ethical crypto solutions.
ISLM Listings
ISLM has been listed on major centralized exchanges, including Gate.io which serves over 10 million registered users, and Indonesia's largest crypto exchange, Indodax, with more than 6.8 million users. These listings enhance ISLM’s visibility and make the HAQQ ecosystem more accessible to users around the world.
Web3 Connect Event in Dubai with LBank
We co-hosted an exclusive event in Dubai with global exchange LBank on September 26. Our founder shared valuable insights on the future of ethical and Islamic finance in Web3, highlighting its potential to uplift financial well-being, particularly for underserved communities.
Alpha Launch of ISLM GPT
We’re excited to announce the Alpha release of our AI-powered chatbot, ISLM GPT. This tool is designed to help users explore Islam and the HAQQ ecosystem with ease. Try it now and share your feedback to help us improve this tool for better serving the Muslim Ummah: https://alpha.islm.ai/
For a full guide, visit: Guide to Testing ISLM AI.
All-Time High IBC Volume
On September 24, HAQQ’s IBC daily volume reached an all-time high, exceeding $411,110 over a 30-day period. Inflows alone amounted to $285,480, representing nearly 70% of the total volume—an impressive milestone for the network that reinforces the rapid growth of on-chain activities.
Fruitful Collaborations
We’ve teamed up with several growing Web3 projects in gaming, AI, and engagement, such as Astra Nova and Neurochain AI to expand our community. These collaborations have sparked a fresh wave of users joining the ethical Web3 movement, helping us further spread our vision.
Thank you for being an essential part of our journey! Stay tuned for more exciting updates, as we have big launches planned for October.