IBF Net ? Takadao
Our CEO, Mohammed Alim, recently met with the CEO of Takadao, Morrad Irsane in Indonesia and discussed about the state of web3, particularly focusing on web3 products that cater to the needs of Muslims.

More here: https://www.linkedin.com/posts/alim93_web3-activity-7087093297407496192-08-N?utm_source=share&utm_medium=member_ios

Linkedin

Mohammed Alim on LinkedIn: #web3

It was a delightful experience to meet Morrad Irsane, Founder of Takadao and engage in a discussion regarding the current state of #web3, particularly focusing…

Hello everyone,

We wanted to provide an update based on our discussions with the Polykick team yesterday. We have reached a solution that benefits all of us, and we'd like to share the key points with you:

1. IBFN trading on Uniswap will be temporarily halted, and we are in the process of re-listing the token on a centralized exchange (CEX). We are currently in discussions with Cointiger, and we will keep you updated on any developments. The re-listing price for the token will be 0.0073. Cointiger will handle its own marketing efforts, and both IBF Net and Polykick will also actively promote the token listing.

2. To facilitate open and constructive discussions, we will be reopening the IBF Net groups. Please note that the groups will only be accessible when a moderator is available to address your queries effectively. These groups will serve as a platform for addressing any queries or concerns you may have regarding the IBFN token and its re-listing. However, we kindly request that we maintain a respectful environment. Negative comments will not be tolerated and will result in an immediate ban.

3. For those who are interested, the shareholding/equity offer still stands, and the terms remain the same. Please refer to our previous message, specifically point number 13 and 16, for more information.

4. Please note only these discussion groups (t.me/ibfnetwork, t.me/ibfnetarab, t.me/ibfnet_ru, and t.me/ibfnetindonesia) are our official groups. We want to emphasize that any other groups claiming affiliation with us are unauthorized and should not be trusted. Therefore, we strongly advise against sharing any sensitive information in these unaffiliated groups. Please be aware that official updates and information will solely be shared through our official groups. Thank you for your understanding and cooperation in this matter.

5. Lastly, we want to emphasize that we, the team behind this project, are human beings. We operate in different time zones across four different countries. We appreciate your patience and please remember that we are not bots that are always online and available. If we are unable to respond immediately to your messages, please understand that we will get back to you as soon as we are back online.

Thank you for your attention, and we look forward to progressing together.

14. We will not encourage anyone anymore to continue putting pressure on us. Therefore, we have decided to close the “discussions” in the group. The group will still be open, but only for communication from our end. Our Community Manager will take ALL your queries at her own telegram handle (@ibfnet_admin**). The answers to the genuine queries will be posted in this group within 3 working days.

1. Even if you decide not to opt for equity or stocks that give you part ownership (it is not compulsory for you), you still will be holding a token that is expected to see a major increase in price as the company’s sales and profits increase and are reported over the coming year.

2. Becoming our shareholder is a serious matter. It would be legal ownership. So, it demands legal compliance in the form of KYC and other rules. Feel free to email us with your details (at [email protected]****) and we will promptly respond to the matter, ensuring a reply within 3 working days.

3. Meanwhile, rest assured that the company will not allow its token to disappear. As soon as we are able to find additional funds through other sources, we will provide marketing and all forms of support that is legal and shariah compliant, including listing of the IBFN token on another robust Exchange.

4. Please note that we had a time-bound contractual relationship with Polykick which started with whitelisting of the IBFN token, and ended with its listing on Uniswap. As such, we are no longer accountable or answerable for any acts, omissions and commissions, promises and commitments, made by Polykick in relation to IBF Net and the IBFN token.**

**1. This notification is for all members of our Telegram groups, most of whom joined us after the IBFN token issue was announced on Polykick channel.

1. During this short association, we have provided all relevant information about the IBF Net company, its projects and platforms that includes the world’s first Shariah-compliant metaverse in the form of our white paper, and third-party valuation documents in the format demanded by Polykick. If some of you are still unaware of what we produce, what we do, how much we are valued at, then please refer to https://ibfnet.group/ibfn 3. Over the last several weeks since the announcement of whitelisting, our moderators have provided explanations to all your queries 24x7, assisted you to understand how to apply for whitelisting and then how to subscribe and how to access the Exchange.

2. We are all aware of the outcome of these efforts.

3. We opted for DEX over CEX due to very limited success in fund-raising and also due to greater transparency with DEX. All of you had a fear whether the management itself would dump tokens after listing. Only a DEX (not CEX) allows you to know who bought and who sold. Now you know who dumped and who didn’t.

4. However, after the listing, we realised that a large part of our token-holders are “speculators” and most wanted to engage in hopping from one project to another and make a quick gain. This is not shariah compliant.

5. We did exactly what we promised. In the future too, we are committed NOT to allow any gambling in IBFN tokens. We are committed to uphold the Shariah.

6. We engaged a marketing company CLS to undertake marketing about the project and its achievement after the token sale was completed. But for most of you, marketing means “shilling” and “market manipulation” and “artificial price support”. This is also not shariah compliant. Please look around and consult a few Shariah scholars.

7. Some of you wanted us to engage CLS even before listing, sufficiently ahead of time, yet you were the ones that were so anxious to close everything in as short a time as possible.

8. The project stands as before with all its value. The project team is as efficient as before. The platforms and solutions are as effective as before. Then why did most of you sell? Ask yourself this question.

9. We provided about 10 percent of total funds raised for the project just for the liquidity and listing services. That is a large number by any standard. Please note that the project has to make payment for other services that are related directly or indirectly to the process of providing liquidity, in addition to providing the liquidity itself. There are numerous costs associated with these.

10. We will not be expanding the Dex liquidity pool due to the reasons mentioned above.

11. Finally, we conducted a poll yesterday which gave you a unique solution, which no other project would ever offer. We gave you an option: if you hold the tokens for one year from the date of listing. We will make you a part-owner of the company in exchange for your tokens (they will be burnt). The rate of exchange will use the same numbers as at the time of token offering: your investment as a percentage of total company value will determine what part of the project company you will own. Please note that this is a lega process and requires an understanding of legal processes involved. If it sounds difficult to understand, we are here to explain to you over the coming weeks and months.**

In the face of unexpected sales by some less-informed brothers and sisters, we are facing a somewhat difficult situation. We feel some more brothers and sisters who have so far been looking forward to our idea of shared prosperity in the coming months and years very positively may turn impatient and leave the IBF Net project. Hence, we are asking you to respond with INTERESTED/ NOT INTERESTED in a vote to a simple possibility.

IBF Net will offer each token-holder who invested in the ILO an option to convert his/her investment into EQUITY in the company at the listing valuation on a pro rata basis, subject to a token lock-in holding period of one year from the date of listing and required KYC legal compliance.

Please choose if you are interested in this or not interested. Thank you.

? ANNOUNCEMENT

**We are pleased to announce that investors who have invested more than 5000 usd will receive their exclusive NFTs in a few days.

Our team is diligently finalizing the distribution process, and we will promptly notify you when the NFTs are ready.**

All tokens from the IBFN airdrop have been sent last night.

Those who did not receive them:

1. Have either not qualified because they didn’t perform all the required tasks, or

2. Have not provided us with the correct information

Reminder:
the conditions to qualify were that you are following twitter of IBF Net and Polykick, you are members of IBF Net and Polykick telegram, and you must have retweeted the token sale announcement by IBF Net twitter. If you have failed to perform the above tasks, or if your twitter/telegram account is inactive at the time of verification, then you do not qualify. If you think you have performed all tasks and still not yet received, then please contact our admins.

There have been some people who have used multiple fake twitter accounts under the same email to take advantage of the airdrop. But their twitter accounts were suspended at the time of verification. Therefore, those accounts do not qualify.

?? We're excited to share to everyone that the airdrop distribution has officially begun *‼️* We have initiated the process of sending out airdrop rewards to eligible participants, and those eligible participants can expect their airdrop tokens today.

We sincerely appreciate everyone's patience and cooperation throughout this process.

İf anyone have any inquiries or require assistance, please feel free to reach out to our team.**

- @ibfnet1 @imad956 @IBFnet_admin

? Watch our CEO, Mohammed Alim, as he provides a demonstration of the seamless user experience in accessing our innovative metaverse platform, Netverse.

Joining a live webinar has never been easier! ?‍?

Netverse proudly stands as the world's first shariah-compliant platform, meticulously crafted from scratch by the dedicated IBF Net team.

Discover more about the cutting-edge features and functionalities of Netverse by reading our detailed article.

https://ibfnet.medium.com/ibf-net-launches-metaverse-amidst-high-growth-forecasts-7b45773e50f0