How Religion Affects the Blockchain Industry

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

With so many developments taking place in this space, the “religion factor” has a major influence on various projects. In fact, many projects incorporate a religion-based approach to empowering communities through blockchain solutions such as NFTs and the metaverse.

With this out-of-the-box approach, MetaKawn – an NFT and metavers project – is making strides in the Web3 space. They build the first Metaverse inspired by modern Muslims and are open to all who share the same human values. Moreover, they bridge the gap between content creators from every niche while also benefiting their fans. And to add an extra layer, a % of the royalties from NFT transactions goes to the Kawn Fund to support charities (charity programs) and creators.

MetaKawn: Strengthening Islam with Blockchain & Crypto

Cryptocurrencies were developed to enable peer-to-peer transactions that operate independently of the central bank. They were designed for borderless transfers because they were not limited to one country or territory and there was no authority to control the money mechanism of those assets.

Though they were designed as currencies, it took no time at all to become a speculative commodity. Currently, there are thousands of cryptocurrencies available, and most of them are a gamble due to their wide swings in their prices. In addition, the introduction of NFTs has also sparked debate due to their speculative nature, like cryptocurrencies. In fact, most of them are pump and dump that have sucked out millions of dollars in investors.

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

Driving Islamic creators through NFTs and the metaverse

Using NFTs and the metaverse, MetaKawn aims to write the Quran in the blockchain by launching its first NFT collection called the MetaKawn Huffaz Club.

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

The inspiration comes from the concept of the Huffaz, who preserved the Qur’an from the beginning and thus protected the values โ€‹โ€‹of Islam.

There are many similarities between the Blockchain system and the Quran reserving process. Back in time, the new verses of the Qur’an would be introduced to all the record holders (Huffaz) and let them know where the verse should be recorded with reference to other verses, slowly building the first Blockchain, the Qur’an.

The total number of avatars in the MetaKawn Huffaz Club is 6,348, which corresponds to the sum of Ayats in the Quran. For each Huffaz NFT, one Aya is dropped to the holder in the last 10 days of the month of Ramadan.

The MetaKawn Ambassadors Huffaz will power the MetaKawn Huffaz Club, which will span a wide variety of categories. In addition, many Ambassadors, celebrities known worldwide from 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 providing exclusive benefits through the use of NFT and blockchain technology, as well as 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 no doubt join the NFT and metaverse craze in the future. And, projects like MetaKawn leading this innovation, it’s clear that 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 is fair to say that we are moving towards a brighter future.

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