FAQ

Frequently asked questions

Is FirstIslamicCoin live on mainnet?

No. It's currently a public testnet. Testnet coins (tFIC) have no value and exist only for testing. See the roadmap for what mainnet launch depends on.

Where can I buy FIC?

Nowhere. There is no exchange listing, no price, and no public sale. Anyone claiming otherwise is not affiliated with this project.

What makes the staking reward different from a typical Proof-of-Stake coin?

Most Proof-of-Stake networks pay a rate — a percentage of the amount staked, often scaled further by how long it was held. FIC pays a fixed amount, 10 FIC plus fees, to whoever produces a block, regardless of the size or age of the stake that won it. A larger stake wins blocks more often, but never earns more per block. The reasoning is on the Shariah design notes page.

Is FIC Shariah-compliant?

No qualified Shariah advisory board has reviewed or certified this project. "Shariah-conscious" on this site describes the intent behind design decisions like the fixed reward, not a certification. Read the full, honest picture — including the open questions — on the Shariah design notes page.

What is the premine, and who controls it?

14,000,000,000 FIC exist from the genesis block, split across 1,000 equal outputs. On mainnet, this is currently a placeholder that cannot be spent, pending a genesis key ceremony that has not happened yet. Full detail on the tokenomics page.

Is there a developer fund or team allocation?

No. No block pays any amount to the project team, and no such mechanism exists anywhere in the code.

Can I stake FIC today?

Yes, on testnet, by running the full node yourself. See Staking for how. Delegated (cold) staking and a custodial pool are both still in development.

Is the code open source?

Yes, under the MIT license. The node, its chain parameters, and its test suite are all public.

How do I get involved or ask something not covered here?

Community channels (chat, forums, social accounts) haven't been set up yet — this page will link to them the moment they exist, rather than list placeholders that go nowhere.