
Frequently Asked Questions
Welcome to the our Frequently Asked Questions page.
Here, we aim to provide you with answers to the most common questions about ShariaCoin NFTs, including what they are, how they work, and why they are becoming increasingly popular in the world of blockchain technology.
ShariaCoin NFTs are unique digital assets that are designed to be compliant with Islamic principles and values, providing a safe and secure way for individuals to invest in the blockchain industry while adhering to their faith. We hope this page will serve as a valuable resource to help you better understand ShariaCoin NFTs and their role in the rapidly evolving world of cryptocurrency.
What is a ShariaCoin NFT?
We are pleased to introduce the ShariaCoin NFT Collection, which offers a new and unique investment opportunity that blends the Islamic monetary system with the latest advancements in blockchain technology.
Our collection of Gold Coin NFTs comprises digital assets, each connected to a tangible real-world counterpart. We are excited to launch our first edition Heritage Gold Coin Collection on Open Sea, which includes five gold coins tied to a unique set of redeemable NFTs. From an Islamic perspective, these NFTs have both physical and symbolic value and hold their worth, as each NFT is worth its weight in gold.
The ShariaCoin Gold Coin NFT is a non-fungible digital token of value that is directly tied to the global spot price of gold. Each NFT can be redeemed for the actual SGSC 4.25g gold collectors coin it represents, which is produced from 24-karat bullion, weighing 4.25 grams per coin. This weight is widely accepted by Muslims worldwide as the standard weight per coin, determined by Sharia Law and the Islamic monetary system.
Our NFTs are part of our Heritage Collection of gold coins, which can be traded or held as investments, gifted to loved ones, or sold on NFT markets such as Open Sea. As each NFT is linked to a real-world gold coin whose value is pegged to gold, investors can also use them to play the gold markets for profit.
One of the key advantages of investing in ShariaCoin NFTs is that your investment will always be worth its weight in gold, now and in the future, and can be immediately redeemed upon request. As a holder of ShariaCoin NFTs, you can exchange your NFT for the actual physical gold coin at any time, which is individually minted and audited by our appointed facility. We use only the best courier companies, security-vetted by our specialist team, to ensure that our customers receive their collectors’ coins securely and as promised.
Alternatively, you can redeem your Gold Coin NFT at our current buyback rate, which is available on our website or our live price viewer on Android and iOS devices. If you choose to limit your exposure to the risk associated with keeping gold coins, we also offer cash redemptions paid out upon request or crypto redemptions paid out in USDT, USDC, or DAI.
Thank you for considering the ShariaCoin NFT Collection, and we look forward to serving OUR DIGITAL GOLD TO you.
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