Thousands of crypto tokens are launched each year. But what happens to most of them?
You would be surprised to know that 50% of all cryptocurrencies launched have either died, failed, or been deemed ‘malicious.’ Chainalysis data reveals that over 3 million tokens were launched in 2024. Only 40% were listed on DEXs; of those, 1.7% are still being traded.
Owing to the ease of deploying tokens and the rise of memecoins, all kinds of scams, rug pulls, and abandoned projects have snatched the hard-earned money of investors in the past year.
Despite blockchain being a transparent and trustless ledger promising financial freedom and democratization of the internet, crypto has a huge problem of ethics.
Worldwide regulations are underway. The crypto industry, on the other hand, has failed to self-regulate or work compliantly. However, new projects like Caiz are attempting to break the jinx.
State of The Crypto Market: 2024 Highlights
The crypto market cap recently touched $3.8 trillion, with Bitcoin reaching a new high at $107K and the altcoin market booming to new heights. 2024 turned out to be a year of milestones. January began with Bitcoin ETF listings on the world’s major asset managers, including BlackRock, Grayscale, Bitwise, etc. Ethereum ETFs followed suit.
A16z report highlights that user engagement and transaction volume grew several-fold, led by DeFi, stablecoins, L2s, RWAs, and more. Monthly active addresses hit an all-time high. The year ended with Trump’s election as the President for the second time and the hope of a crypto revival in the US.
Dubai remained the biggest hub for crypto and blockchain protocols. In Q2 of 2024, the volume of stablecoin transactions grew to $8.5 trillion across 1.1 billion transactions.
Caiz is the world’s first Islamic coin financial ecosystem certified by its in-house Sharia Supervisory Committee. The Caiz ecosystem comprises a Sharia-compliant cryptocurrency, a secure and ethical wallet, a Caiz Earn: in-house DeFi, a Caiz API for businesses, and, lastly, the Caiz Chain. The Caiz Chain uses the new Fiqh-compliant IFBA (Islamic Federated Byzantine Agreement) consensus mechanism to verify and record transactions. Caiz introduces a new hybrid model consisting of the best of decentralized and centralized systems. Caiz will be officially listed on major CEXs in February 2025.
Responsible Finance: Risks and Future Potential
If you were told to choose Bitcoin and Monero, which would you prefer?
Most people would choose Bitcoin over any other token, given its resilience, transparency, and security features. Even after 16 years of its launch, Bitcoin remains ideal. Similarly, projects like Caiz are setting up new standards in ethical finance. However, risks remain as the market grows and more players enter the crypto scene. The failure rate remains high, and accountability towards investors is minimal.
The crypto market is known for its volatility, and investors remain susceptible to uncensored projects and zero-utility products. Until regulations find their way and crypto projects self-regulate, the vision of an ethically decentralized internet remains an idea.
With the influx of new users and institutions, ethical projects are well-positioned to capitalize on the $3.84 trillion opportunity with their ethics-driven innovation and all-in-one financial ecosystem on their own blockchain.
We need more projects based on strong ethical principles and a commitment to lawfulness that offer multiple opportunities to earn and benefit under one roof. Let’s hope that Crypto market standards will be reenvisioned soon.
Crypto’s $3.8T Boom: Why This Ethical Project Could Be the Next Big Bet
Risks: Thousands of crypto tokens are launched each year. But what happens to most of them?
You would be surprised to know that 50% of all cryptocurrencies launched have either died, failed, or been deemed ‘malicious.’ Chainlysis data reveals that over 3 million tokens were launched in 2024. Only 40% were listed on DEXs; of those, 1.7% are still being traded.
Owing to the ease of deploying tokens and the rise of memecoins, all kinds of scams, rug pulls, and abandoned projects have snatched the hard-earned money of investors in the past year.
Despite blockchain being a transparent and trustless ledger promising financial freedom and the democratization of the internet, crypto still struggles with ethical concerns.
Caiz, the world’s first ethical financial ecosystem, aims to bring credibility, trust, and reliability to the web3 industry. Let’s explore how Caiz is standing out in the overcrowded crypto market and shaping the future of ethical finance.
State of The Crypto Market: 2024 Highlights
The crypto market cap recently touched $3.8 trillion, with Bitcoin reaching a new high at $107K and the altcoin market booming to new heights. 2024 turned out to be a year of milestones. January began with Bitcoin ETF listings on the world’s major asset managers, including BlackRock, Grayscale, Bitwise, etc. Ethereum ETFs followed suit.
A16z report highlights that user engagement and transaction volume grew several-fold, led by DeFi, stablecoins, L2s, RWAs, and more. Monthly active addresses hit an all-time high. The year ended with Trump’s election as the President for the second time and the hope of a crypto revival in the US.
Dubai remained the biggest hub for crypto and blockchain protocols. In Q2 of 2024, the volume of stablecoin transactions grew to $8.5 trillion across 1.1 billion transactions. With the crypto market expanding to $3.8 trillion, projects like Caiz are attempting to carve out a niche by focusing on ethics-driven innovation
Compliant Approach Changes Cross-Border Finance
Unlike traditional finance, which often involves high fees, slow transactions, and limited accessibility, Caiz leverages a fiqh-compliant approach and blockchain to enable fast, fair, transparent, and cost-effective cross-border payments. By integrating Fiqh-compliant principles across the ecosystem products, Caiz ensures ethical financial practices while bridging the gap between conventional banking and decentralized finance. Moreover, the platform appears to be the first project to introduce a new hybrid model consisting of the best principles of centralization and decentralization, ensuring regulatory compliance for every product and service offered in the Caiz Ecosystem and robust security.
The Caiz ecosystem comprises a Sharia-compliant cryptocurrency, a secure and ethical wallet, Caiz’s very own DeFi–Caiz Earn, a Caiz API for businesses, and, lastly, the Caiz Chain. The Caiz Chain uses the new Fiqh-compliant IFBA (Islamic Federated Byzantine Agreement) consensus mechanism.
Islam, as a religion, has very strict rules when it comes to consumption and earning. Caiz ecosystem is designed to be a Sharia-compliant financial model, and its products ensure financial integration and faith-based values. More so, Caiz’s innovative product, GRAINS, brings together real-world assets (RWAs), artificial intelligence (AI), and stablecoins. These three innovations will integrate to form the new standard of the financial ecosystem.
Caiz Coin’s Next Move: CEX Listings and Market Impact
Caiz Coin is preparing for its upcoming listings on major centralized exchanges (CEXs) in 2025. This move could significantly improve liquidity and accessibility for traders and institutions looking for compliance-driven crypto assets.
With regulatory scrutiny tightening across the crypto sector, projects emphasizing transparency, security, and ethical finance, such as Caiz, are gaining traction. A CEX listing marks a key milestone, potentially expanding Caiz’s reach while reinforcing its position in the growing crypto landscape.
As the industry evolves, Caiz is reshaping market standards with its strong ethical foundation and commitment to lawfulness, offering a unified ecosystem where users can engage, earn, and benefit responsibly.
Interested to know more about Caiz and its community? Visit https://caiz.com/
