ChainCatcher news, the Islamic cryptocurrency project Islamic Coin has announced the launch of the token ISLM and the distribution of airdrop rewards. The first wave of airdrops from Islamic Coin will distribute approximately 20.36 million ISLM rewards to 58,376 community members, including HAQQ network validators, TheHaqqExpedition and HAQQ network participants, and Islamic Coin ambassadors. Additionally, Islamic Coin will release an airdrop for participants in the Cosmos ecosystem, including stakers and voters on Evmos and Cosmos Hub, later this week. The airdrop is limited to non-Dubai residents.Islamic Coin stated that the second and third waves of retroactive airdrops will be released after the ecosystem reaches the next growth milestone. The Islamic Coin token ISLM is now listed on KuCoin.