Listen to this articleBelow is our recent interview with Adnan Alisic, CEO and Founder at Biokript:
Q: Could you provide our readers with a brief introduction to your company?
A: Biokript is the world’s first hybrid, Shariah-compliant cryptocurrency platform. The platform is founded on Islamic Mudharabah profit-sharing principles where all of its profits are equally split between Biokript and the investors. By combining both centralized and decentralized features, Biokript will offer a trustworthy and efficient trading platform.
Q: Any highlights on your recent announcement?
A: Biokript has created an ecosystem in which 50% of all trade revenues are shared with its investors who own the BKPT token. Anyone can receive monthly profit splits based on the number of BKPT tokens in their wallet.
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Q: Can you give us more insights into your offering?
A: Biokript, as a non-custodial cryptocurrency exchange, does not keep any user funds. The project will allow traders to transact with the efficiency and simplicity of a centralized platform while also benefiting from the safety and security of a decentralized platform where they have complete control over their money. Biokript’s primary market is those who have suffered financial losses as a result of centralized platforms or who are opposed to full centralization. Biokript was also created in response to the need to reach out to Muslims all over the world who want to invest in cryptocurrencies but are hesitant due to Shariah compliance concerns.
Q: What can we expect from your company in the next 6 months? What are your plans?
A: Within the next six months, Biokript will be successfully listed on decentralized platforms such as Uniswap and Pancakeswap, and within a month after that we’ll be listed on mid-tier centralized exchange. During our initial listing, we hope to attract a steady stream of 10,000 traders to the platform. To accomplish this, we will boost our marketing efforts by increasing community engagement and providing more incentives to consider using the exchange.
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Q: What is the best thing about your company that people might not know about?
A: They say that a complex problem often necessitates a simple solution. The best thing about Biokript is that it allows users to take control of their assets in a safe and secure decentralized manner while at the same time they can trade with centralized efficiency. History bears witness that centralized crypto platforms can not be trusted. People had been losing money with them for years and that is not going to stop. There are many examples, starting with Canadian crypto exchange Quadriga, to Celsius, Voyager, and finally FTX. Fully decentralized exchanges are not secure as well since they don’t’ have central authority to vet the listed projects so there are many scams our there. Just in 2022, users lost over $2 billion to decentralized platforms.
Biokript is the solution to all those problems. The goal of decentralization, in which the middleman is eliminated and users have complete control over their own funds, was at the heart of the cryptocurrency movement. Biokript gives its users the best of both worlds by combining decentralization and centralized components to achieve a well balanced ecosystem.
