The Biokript project is a pioneer in its field as the first hybrid crypto exchange that is Shariah-compliant. It stands apart from the crowd by offering its users the option to trade in a manner that is interest-free and aligns with Shariah principles.
A distinguishing feature of Biokript is the implementation of a Mudharabah profit-sharing model. Under this arrangement, the exchange evenly splits its profits with its users, promoting a fairer, more inclusive trading experience.
The concept for Biokript was birthed in 2017 in response to the escalating inefficiencies of completely centralized crypto-trading platforms. The spirit of the cryptocurrency revolution lies in its quest for decentralization, seeking to eliminate intermediaries and empowering users to take full control of their funds. Biokript's creation was driven by the desire to address these pain-points, offering a solution for those wanting to participate in Shariah-compliant crypto trading and providing an alternative for those who had suffered losses on fully centralized and decentralized exchanges.
Looking ahead, Biokript plans to expand its operations into the MENA region. Other forthcoming enhancements include liquidity mining and fiat integration within their platform. Upon concluding the presale, they will list on DEX, followed by CEX shortly thereafter. They're also set to launch a "learn to earn" campaign in their second quarter to bolster their on-boarding initiatives.
As for the use of Biokript tokens, they serve as the means of distributing the profit-shares generated from trading fees, thus providing tangible returns to users.