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Home»Altcoins»WAHED donated 5 million WAHED Coins to fund autism research and therapy
WAHED and FEAC's partnership
WAHED donated 5 million WAHED Coins to fund autism research and therapy
Altcoins

WAHED donated 5 million WAHED Coins to fund autism research and therapy

Saheel KhirodkarBy Saheel KhirodkarDecember 5, 2022Updated:December 7, 2022No Comments2 Mins Read
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  • WAHED Invest is a digital banking platform that allows individuals to invest in Shariah-compliant investments.
  • It provides a range of investment options, including stocks, bonds, commodities, mutual funds, and Islamic finance solutions.
  • WAHED has donated 5 million of its WAHED Coin tokens to Fondazione Europea Alessandro Cenci (FEAC) at a private event in Rome.

At a private event in Rome, investment and philanthropy platform WAHED gave 5 million of its utility token WAHED Coin to Fondazione Europea Alessandro Cenci (FEAC). An Italian non-profit organization, FEAC is dedicated to raising awareness, educating the public, and doing research to enhance the care given to kids and teenagers on the autism spectrum.

Attending the Rome gathering were senior members of the WAHED and FEAC organisations. Prominent members of their teams joined FEAC President Eros Cenci and WAHED Chairman Shaikh Abdulla Bin Ahmed Bin Salman AlKhalifa.

5% of the contributed WAHED Coin will be released after a locked-in vesting period of one year. Any increase in token value over this period will benefit FEAC, and the limited unlocking will ensure minimal price fluctuation.

The WAHED mission of assisting businesses and organizations that raise living standards globally is reflected in this donation to FEAC. The simplicity with which Bitcoin can be exchanged on a worldwide scale makes it the ideal medium for philanthropic and charity operations, and it paves the way for a time when anybody can support the causes they care about.

What exactly is WAHED coin?

WAHED Coin is a new cryptocurrency that will be available for trading on LBANK exchange from the 5th of December 2022. The WAHED Ecosystem provides access to innovative ideas from all over the world, and WAHED Coin will be a valuable tool for both retail investors and cryptocurrency enthusiasts.

Driven by the potential of blockchain, WAHED’s six key elements—the token, portals, project management, non-fungible token market, cryptocurrency exchange, and foundation—simplify a decentralized ecosystem of money generation. All six parts offer clever solutions to associate partners, assisting them in smoothly generating revenue and motivating WAHED’s ecosystem as a whole.

To learn more about the WAHED Ecosystem, visit the WAHED website.

alessandro banking coin Donation ecosystem exchange FEAC investment investments investors rome WAHED
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Saheel Khirodkar
Saheel Khirodkar
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Saheel works as a content writer for Bitnewstoday. He has always been interested in journalism and enjoys writing. Furthermore, His interest lies in cryptocurrency, and is continuously seeking for new techniques to invest. In his free time, he enjoys staying up to date on the latest industry news and spending time with his family.

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