Usual (USUAL)

Medium of Exchange and Store of Value

Usual crypto can be used as digital money to buy goods and services online or offline. It also acts as a store of value, meaning people hold it to keep their wealth over time.

Utility and Access

Some tokens give holders special rights, like using decentralized apps (DApps) or getting discounts and access within a crypto ecosystem or online games.

Stablecoins for Trading

Stablecoins, a type of Usual crypto, keep their value steady by being linked to currencies like the US dollar. They help traders switch quickly between volatile cryptocurrencies and stable assets.

Decentralized Finance (DeFi)

Usual crypto supports financial services without banks, such as lending, borrowing, and earning interest by staking tokens.

Cross-Border Payments

It enables fast and low-cost international money transfers, making it easier to send money across countries.

Digital Ownership and NFTs

Usual crypto powers non-fungible tokens (NFTs), which let people own unique digital items like art, music, or game assets.

Supporting Blockchain Networks

Users can participate in blockchain networks by staking or running nodes, helping secure and maintain the system while earning rewards.

Advantages

• Usual crypto operates on decentralized blockchain technology, which means no single government or bank controls it.
• It allows fast and cheap money transfers globally without intermediaries.
• Transactions can be made 24/7 without the limits of traditional banking hours.
• Enhanced security is provided by cryptography and blockchain, making it hard to counterfeit or hack.
• Users have more control over their finances, with no need for identity or credit checks to open wallets.
• It supports global accessibility and transparency through public ledgers.
• Some crypto debit cards allow instant conversion of crypto to fiat currency for easy spending.

Disadvantages

• Usual crypto is highly volatile; its value can change dramatically and quickly.
• It is not backed by physical assets or government guarantees.
• Withdrawal fees and minimums can be high on some platforms.
• Lack of central regulation increases the risk of scams and fraud.
• Mining and transaction processing can consume large amounts of energy.
• Transactions are irreversible, so mistakes or fraud can lead to permanent loss.
• Some cryptocurrencies require technical knowledge to use safely.
• Public ledger transparency means transactions are not fully anonymous.

This balance of pros and cons helps users understand what to expect when using or investing in usual crypto.

Founders of Usual

The founders of Usual include Philippe Honigman, Jan Baeriswyl, Jacek Czarnecki, Paul & Estefa, and Eli. Philippe Honigman is known for his blockchain technology expertise, Jan Baeriswyl brings strong technical skills, and Jacek Czarnecki contributes legal insights in the crypto space. Their diverse backgrounds help shape the innovative approach of Usual.

Institutional Investors

Major institutional investors in Usual include large asset management firms and crypto-focused funds. For example, BlackRock’s Bitcoin ETF is one of the largest holders of Bitcoin, with over 800,000 BTC held collectively by funds like Grayscale and Fidelity. These institutions provide regulated exposure to crypto for both retail and institutional clients.

Venture Capital Firms

Top crypto venture capital firms such as Andreessen Horowitz (a16z), Pantera Capital, Blockchain Capital, and Polychain Capital invest early in promising blockchain projects. These firms pool money from investors to fund innovative crypto startups and technologies.

Government Entities

Some governments, notably the United States, hold significant amounts of Bitcoin acquired through seizures or strategic purchases. The U.S. government holds over 210,000 bitcoins, making it one of the largest single holders.

High-Income Individual Investors

In the U.S., high-income earners (those making $100,000 or more annually) represent a disproportionate share of crypto owners, comprising 25% of crypto investors. These individuals often invest in Usual and other cryptocurrencies as part of their portfolios.

Crypto Exchanges and Platforms

Leading crypto exchanges like Coinbase, Kraken, Gemini, and Binance facilitate investments in Usual by providing trading platforms. These exchanges also attract investments from users ranging from beginners to experienced traders.

Retail Investors

Globally, over 560 million people own cryptocurrencies, including Usual, with ownership growing rapidly. Retail investors range from beginners to experienced traders, each with different investment strategies and goals.

Crypto Funds and Angel Investors

There are numerous crypto funds and angel investors who actively invest in blockchain projects. These investors vary in size and focus, often supporting early-stage projects and contributing to the growth of the Usual ecosystem.

Halal Status of Usual Crypto

• General View: Usual crypto can be halal if the project itself complies with Islamic principles, such as avoiding riba (interest), gambling, and unethical activities. Many Islamic scholars consider cryptocurrencies like Bitcoin halal because they operate on decentralized platforms without interest and can serve as a store of value.

• Conditions: The halal status depends on the specific crypto token's use, ownership, and compliance with Shariah law. Some tokens may involve prohibited elements like loans with interest or association with haram activities, making them non-halal.

• Conclusion: Yes, Usual crypto can be halal if it meets Islamic finance rules and ethical standards. It is important to verify each token's compliance individually.