22.12.2021 Views

MRHB DeFi Launches IDO, Followed by Listing of $MRHB on PancakeSwap and DODO

MRHB DeFi, the world’s first inclusive and ethical DeFi ecosystem platform, has announced today the IDO of its BEP-20 token $MRHB on launchpads, ZeroSwap and DODO.

MRHB DeFi, the world’s first inclusive and ethical DeFi ecosystem platform, has announced today the IDO of its BEP-20 token $MRHB on launchpads, ZeroSwap and DODO.

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The community-first project has already concluded two successful pre-launch sales on their website.

Unlike many other projects, where only VCs and VIPs get priority, MRHB opened their early rounds to

the community to help share the crypto-opportunity - a move celebrated by the now 70,000 strong

supporters. For the team, this served as an important validation of the interest for DeFi services

rooted in ethics, sustainability and inclusion.

MRHB DeFi was founded with a vision of providing excluded and crypto-cautious communities greater

access to the growing opportunities and utilities of the crypto sphere. The project is underpinned by

offering faith-based DeFi services which adhere to the ethical investment and financing principles

rooted in Islamic Finance - a sector valued at around USD 3 trillion of assets. Bringing even a small

portion of Shariah-sensitive liquidity into DeFi will represent a major boost to the total value of the DeFi

sector worldwide.

Business practices deemed ethical include those that avoid interest, usury, social exploitation as well as

support sustainability, asset or utility backed financing, transparency and equitable risk-reward sharing.

These principles have universal appeal far beyond the faith conscious community as evidenced by a

large number of stakeholders beyond the halal-seeking population.

Many of the values upheld by the halal platform align with several of the United Nations Sustainable

Development Goals and MRHB is also a signatory of the Crypto Climate Accords, a group that seeks to

achieve net-zero emissions from electricity consumption by 2030 as well as develop standards and

technologies to accelerate the progress toward 100% renewably powered blockchains by the 2025

UNFCCC COP30 conference.

To date, investors include Sheesha Finance, Blockchain Australia, Australian Gulf

Capital, Mozaic, Contango Digital Assets, NewTribe Capital, Acreditus Partners, EMGS Group, Sinofy

Group, MKD Capital and a grant from Polygon Technology.

About MRHB DeFi:

MRHB DeFi is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and

Inclusive DeFi” by following faith-based financial and business principles, where all excluded

communities can benefit from the full empowerment potential of DeFi.

The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business

entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact

society as a whole, essentially bridging the gap between the faith-conscious communities and the

blockchain world.

MRHB DeFi Official Channels:

Website: https://marhabadefi.com

Twitter: https://twitter.com/marhabadefi

Telegram: https://t.me/mdf_official

Telegram Announcements: https://t.me/marhabadefi_ANN

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