Aquariuscoin.com Review

Based on looking at the website, Aquariuscoin.com appears to be a platform undergoing a significant transition from its native blockchain to an Ethereum-based token.

The site primarily serves as an announcement hub for this migration, detailing technical and financial challenges that led to the decision.

Given the nature of cryptocurrency and the inherent risks associated with it, especially in speculative trading and decentralized finance DeFi, caution is strongly advised.

The lack of comprehensive information beyond the swap announcement, combined with past issues mentioned on the site like “hijacked” coins and “exit scan” exchanges, raises significant red flags.

Furthermore, the very concept of engaging in speculative digital asset trading, particularly those without tangible underlying value or clear asset-backed fundamentals, carries elements of Gharar excessive uncertainty and Maysir gambling, which are impermissible in Islamic finance.

Here’s an overall review summary:

Website Focus: Primarily a news announcement for a cryptocurrency token swap.
Transparency: Provides reasons for the swap but lacks a clear, comprehensive whitepaper or roadmap.
Security & Reliability: Mentions past issues with exchanges, which is concerning. The move to Ethereum aims to address technical issues, but doesn’t mitigate all risks.
Customer Support: Direct support channels are limited to a Telegram group.
Islamic Ethical Standing: Impermissible due to speculative nature, lack of tangible value, and inherent Gharar and Maysir.

The world of cryptocurrencies, with its volatile nature, often speculative trading, and sometimes opaque operations, presents significant challenges from an Islamic ethical perspective.

The core principles of Islamic finance emphasize tangible assets, risk-sharing, transparency, and avoiding excessive uncertainty Gharar and gambling Maysir. Many cryptocurrencies, particularly those without real-world asset backing or utility beyond speculative trading, often fall short of these principles.

They can lead to significant financial loss and can be seen as a form of wealth accumulation that isn’t based on productive economic activity.

Instead of engaging in speculative digital assets, which carry a high degree of risk and potential for impermissible dealings, consider tangible and productive investments that align with Islamic ethical principles.

Here are 7 ethical and permissible alternatives for investment and wealth generation, focusing on real-world value and utility:

Real Estate Investment: Investing in tangible property, either directly or through ethical real estate investment trusts REITs that comply with Sharia principles. This provides tangible assets, potential rental income, and capital appreciation.
- Key Features: Tangible asset, potential for recurring income, inflation hedge.
- Average Price: Varies widely, from thousands for partial ownership to millions for direct property.
- Pros: Real asset, can generate passive income, historically stable.
- Cons: High capital requirement, illiquidity, management responsibilities if direct.
Ethical Equity Funds Sharia-Compliant: Investing in companies that operate within permissible sectors and adhere to ethical guidelines e.g., no involvement in alcohol, gambling, conventional finance, or entertainment that promotes immorality.
- Key Features: Diversification, professional management, alignment with values.
- Average Price: Typically requires a minimum initial investment, ranging from a few hundred to several thousand dollars.
- Pros: Diversified portfolio, liquid, passive income potential through dividends.
- Cons: Market volatility, management fees, returns not guaranteed.
Commodities Trading Physical & Halal: Engaging in the trading of physical commodities like gold, silver, or agricultural products, ensuring actual possession and avoiding speculative futures contracts that involve Gharar.
- Key Features: Tangible assets, inflation hedge, global demand.
- Average Price: Varies based on commodity and quantity, from hundreds for small gold bars to thousands.
- Pros: Real assets, store of value, diversification from traditional markets.
- Cons: Storage costs, price volatility, liquidity can vary for physical assets.
Venture Capital / Angel Investing in Ethical Startups: Investing directly in promising startups that develop products or services aligning with Islamic values and contribute positively to society. This is often done through platforms or networks facilitating ethical investment.
- Key Features: High growth potential, direct impact, supporting innovation.
- Average Price: Typically higher entry points, from $5,000 to $25,000+.
- Pros: High potential returns, direct impact, supporting entrepreneurs.
- Cons: High risk of loss, illiquidity, long investment horizons.
Productive Businesses: Investing in or starting a small business that provides a real service or product to the community, generating value through legitimate trade and effort.
- Key Features: Direct control, tangible output, job creation.
- Average Price: Highly variable, from a few thousand for a service business to hundreds of thousands for retail or manufacturing.
- Pros: Direct control, potential for significant income, fulfilling work.
- Cons: High time commitment, business risks, management challenges.
Sukuk Islamic Bonds: Sharia-compliant financial certificates that represent ownership in tangible assets or a share in a business venture, providing returns based on underlying asset performance rather than interest.
- Key Features: Asset-backed, fixed income potential, ethical investment.
- Average Price: Minimum investment typically higher, often in thousands of dollars.
- Pros: Lower risk than equity, diversified portfolio, aligns with Sharia.
- Cons: Less liquid than conventional bonds, limited availability, lower returns than high-risk investments.
Zakat-Eligible Charity/Endowments Waqf: While not an investment for personal gain, contributing to Waqf endowments for social benefit e.g., building schools, hospitals, or providing essential services is a highly recommended and blessed form of wealth utilization in Islam, yielding continuous reward.
- Key Features: Continuous charity Sadaqah Jariyah, community benefit, spiritual reward.
- Average Price: Any amount can be contributed, from small donations to significant endowments.
- Pros: Immense spiritual benefit, long-term impact, contributes to societal well-being.
- Cons: No financial return to the donor, assets become inalienable.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Aquariuscoin.com Review & First Look

Based on checking the website, Aquariuscoin.com presents itself primarily as a communication channel for the AquariusCoin ARCO project. The dominant content on the homepage is a single, lengthy post dated January 30, 2024, announcing a critical decision: the cessation of the native AquariusCoin open blockchain ledger development and a planned swap to an Ethereum-based ERC20 token. This immediately tells you that the site isn’t a bustling hub of activity or a platform for direct engagement with a financial product, but rather a bulletin board for a major operational change.

Initial Impressions:

Sparse Content: The homepage is dominated by one significant announcement. There’s no “About Us” page, detailed product descriptions, or clear navigation for exploring the project’s history or future plans beyond this swap.
Focus on Problems: The announcement openly discusses the technical and financial reasons for the swap, including “outdated coin source code,” “too much orphan blocks,” “a large portion of coins is ‘hijacked’ by the rogue Yobit.net exchange,” and money spent on listings that “ended up a hacked exchange or simply an exit scan.” This level of transparency about past failures, while seemingly honest, also paints a picture of significant instability and risk.
Transition Emphasis: The entire narrative revolves around migrating from a problematic native chain to an Ethereum token. This suggests the project is in a remedial phase, trying to salvage its existence rather than expanding or innovating.
Limited Trust Indicators: Beyond the founder’s name Jure Pirc, there’s no team information, whitepapers, or robust community links beyond a Telegram group. This makes it difficult to assess the credibility or long-term viability of the project.

From an Islamic Perspective: The very nature of this project, a cryptocurrency undergoing a fundamental shift due to past failures and technical debt, screams Gharar excessive uncertainty. Investors are asked to transfer assets based on a promise of a future token on a new chain, with past issues explicitly mentioned. This inherently speculative environment, coupled with the lack of tangible asset backing or clear productive economic utility for the “ARCO token” itself, renders it highly problematic and impermissible. The potential for loss, driven by market speculation and the project’s own admitted instability, is a significant concern.

Cryptocurrency and Islamic Finance Principles

The core tenets emphasize ethical investment, avoiding speculation, tangible assets, and transparent dealings.

Gharar Uncertainty: Many cryptocurrencies are plagued by high levels of uncertainty regarding their value, future, and underlying fundamentals. The AquariusCoin case, with its admitted “hijacked” coins and “exit scan” experiences, exemplifies extreme Gharar.
Maysir Gambling: Speculative trading, where the primary motive is to profit from price fluctuations rather than productive economic activity or ownership of tangible assets, often resembles gambling. The volatility of ARCO, and its dependence on “exchanges,” indicates a high degree of Maysir.
Riba Interest: While not directly involving interest, the “6% annual reward” mentioned for staking ARCO could be seen as problematic if it functions as a fixed return on a non-productive asset, rather than a share of actual profit from a legitimate business venture.
Tangible Assets: Islamic finance prioritizes investments in real, productive assets that contribute to the economy. Most cryptocurrencies lack this tangible backing, relying instead on market sentiment and network effects.

The Problematic History of AquariusCoin ARCO

The homepage itself details a troubling past for AquariusCoin, painting a clear picture of its instability and operational issues.

The reasons cited for ending the open blockchain ledger development are alarming and speak volumes about the project’s previous management and technical foundation.

Excessive Orphan Blocks: This is a serious technical issue indicating instability in the blockchain network. Orphan blocks are blocks that are not included in the main chain, often due to network latency or malicious attacks, leading to wasted computational effort and potential for double-spending. This undermines the very integrity of the blockchain.
“Hijacked” Coins by Yobit.net: The admission that a “large portion of coins is ‘hijacked’ by the rogue Yobit.net exchange” is a monumental red flag. It points to a severe security vulnerability, lack of control over circulating supply, or complicity/inability to recover assets from a compromised exchange. This single point alone should deter anyone from considering engagement with the project.
“Exit Scan” Exchanges: The statement “we spent simply too much satoshis during the chain lifetime on listings that ended up a hacked exchange or simply an exit scan” further underscores the project’s poor judgment in selecting partners and its vulnerability to fraudulent platforms. An “exit scam” refers to a cryptocurrency project or exchange disappearing with investors’ funds. This suggests the project has fallen victim to, or at least associated with, highly disreputable entities.

Impact on Trust: These revelations severely damage the credibility of AquariusCoin. Any project with such a history of technical failures, security compromises, and association with fraudulent activities immediately becomes a high-risk proposition. From an ethical standpoint, engaging with a project that has demonstrated such significant vulnerabilities and potential for loss is highly discouraged, as it does not align with the principles of safeguarding wealth and avoiding risky ventures that could lead to financial ruin.

Aquariuscoin.com Features and their inherent issues

While Aquariuscoin.com doesn’t boast traditional “features” in the sense of a product or service offering, its core “feature” is the announcement of the token swap and the details surrounding it.

Examining these details reveals the project’s operational aspects, which are critically flawed from an ethical standpoint.

Native Coin to ERC20 Token Swap: The primary operational “feature” is the forced migration of native ARCO coins to an Ethereum-based ERC20 token. This is a technical maneuver to rescue the project from its failing blockchain.
- Details: The swap is set at a 1:1 ratio. The total supply of ARCO tokens will mirror the hardcoded supply of the old chain 42,000,000 coins, with a circulating supply of 4,437,190 coins at the time of writing.
- Ethical Red Flag: Forced migrations like this often occur when a project’s original technology has failed or is unsustainable. It puts the onus on holders to move their assets, introducing friction and potential for loss if instructions aren’t followed precisely or if the new token itself faces issues.
“6% Annual Reward” / Vesting: The new ERC20 token aims to retain a “6% annual reward,” with the fixed 1 ARCO reward removed. This reward will be automated and transferred from a treasury wallet 4 times per year 1.5% quarterly.
- Ethical Red Flag: Such fixed annual rewards on a non-productive digital asset can resemble Riba interest, particularly if they are guaranteed returns regardless of the project’s actual performance or profitability derived from tangible assets. In Islamic finance, returns should ideally be linked to risk-sharing, profit from legitimate business activities, or tangible asset growth, not a pre-determined percentage on a digital token. The source of these rewards a “treasury wallet” is also vague, raising questions about sustainability and underlying value.
Exclusive Exchange Partnership Xeggex.com: The project has partnered with Xeggex.com to perform the swap, urging all ARCO holders to transfer their coins there by December 23, 2023. Post-swap, Xeggex.com is stated to be the only Centralized Exchange CEX where ARCO will be listed.
- Ethical Red Flag: Limiting liquidity to a single CEX creates a significant point of failure and centralizes control over the trading environment. This can lead to price manipulation, lack of competitive pricing, and difficulty for users to exit their positions if the exchange faces issues. Furthermore, reliance on CEXs for trading often means exposure to conventional financial practices that may not align with Islamic principles. The shift towards “decentralized exchanges DEX” is mentioned, but without concrete plans, it remains an aspiration.
Problematic Exchange History: The site explicitly lists the status of ARCO on other exchanges, highlighting major problems: Yobit wallet offline for 5 years, status unknown, Bololex deposits disabled, Freiexchange deposits disabled before 1.11.2023, and Btcpop.co appears operational, but with a cautious “try to withdraw”.
- Ethical Red Flag: This candid admission of past and ongoing issues with multiple exchanges where ARCO was listed is deeply troubling. It suggests either systemic issues with the project’s ability to maintain exchange relationships, or widespread unreliability among its chosen partners. Both scenarios pose immense risk to holders and undermine any semblance of financial stability or trustworthiness. The fact that the founder mentioned spending “too much satoshis during the chain lifetime on listings that ended up a hacked exchange or simply an exit scan” is a direct confession of past mismanagement and vulnerability to fraud.

Aquariuscoin.com Cons An Ethical and Practical Perspective

Given the information presented on Aquariuscoin.com’s homepage, the cons heavily outweigh any potential pros, particularly when viewed through the lens of Islamic ethical finance. Thetfordmartialarts.com Review

The project is riddled with red flags that make it highly unrecommendable.

Severe Technical Instability: The explicit admission of an “outdated coin source code” and “too much orphan blocks” points to a fundamentally broken and neglected blockchain. This isn’t a minor bug. it indicates a severe architectural failure that necessitates a complete overhaul.
- Impact: A technically unstable foundation means that even if a swap occurs, the underlying project’s ability to maintain a functional and secure token remains questionable. It reflects poorly on past development and raises doubts about future reliability.
Compromised Assets & Exchange Failures: The mention of coins being “hijacked” by Yobit.net and funds lost to “hacked exchange or simply an exit scan” is devastating for credibility. This is a direct admission of past financial losses incurred by the project or its users due to external factors they seemingly couldn’t control or prevent.
- Impact: This raises serious questions about the project’s security protocols, due diligence in selecting partners, and overall competence in safeguarding assets. It implies a high risk of similar incidents occurring in the future. For an ethical investor, associating with a project with such a history is unacceptable.
High Gharar Excessive Uncertainty: The entire proposition of AquariusCoin involves extreme uncertainty. The value of the token is speculative, reliant on market forces and the success of a distressed project attempting a comeback. The future utility and adoption of the new ERC20 token are entirely unknown.
- Impact: Islamic finance strictly prohibits transactions involving excessive Gharar, as it resembles gambling. Investing in ARCO means entering into a transaction where the outcome is highly unpredictable and the risks are substantial and poorly defined.
Potential Maysir Gambling: The primary engagement with ARCO seems to be through speculative trading on exchanges. The “6% annual reward” on a non-productive token also leans towards a fixed return on a volatile asset, which can be seen as gambling on its price appreciation rather than a return from a legitimate, productive venture.
- Impact: Engaging in such activities is impermissible in Islam. The focus is on quick gains from price swings rather than real economic value creation.
Limited Liquidity & Centralized Exchange Risk: The decision to list solely on Xeggex.com as the only CEX post-swap creates a single point of failure for liquidity. If Xeggex.com were to experience issues, users would have extremely limited options to buy or sell ARCO.
- Impact: This lack of diversified liquidity increases risk and can lead to price manipulation. It also reinforces reliance on conventional exchanges, which may not adhere to ethical Islamic principles.
Vague Future & Lack of Transparency: Beyond the swap details, the website offers no clear roadmap, whitepaper, or detailed information about the project’s future utility, development plans, or governance. The “new ERA of decentralized exchanges DEX will arrive” is a vague promise without concrete action.
- Impact: A lack of transparency makes it impossible to assess the project’s long-term viability or the ethical integrity of its future direction. This absence of critical information makes any investment purely speculative.
Poor Communication & Support Structure: The primary communication channel appears to be a Telegram group. This is insufficient for a financial project, especially one undergoing such a critical transition. Professional projects typically have dedicated support channels, comprehensive FAQs, and clear communication plans.
- Impact: Inadequate support can leave users stranded if they face issues during the swap or with their tokens post-migration.

Aquariuscoin.com Alternatives

Given the significant issues and the impermissible nature of engaging with speculative cryptocurrencies like AquariusCoin, the best alternative is to pivot towards investments and financial strategies that align with Islamic ethical principles.

These alternatives focus on tangible assets, productive economic activities, and risk-sharing, avoiding elements of Gharar, Maysir, and Riba.

Here are some robust, Sharia-compliant alternatives for wealth management and investment:

1. Real Estate Investment Direct or Sharia-Compliant REITs

Instead of digital tokens, invest in tangible property that generates rental income or appreciates in value.

Key Aspects: Owning physical land or buildings, rental income streams, capital appreciation.
Why it’s better: Provides a tangible asset, aligns with productive economic activity, and offers a real-world utility. Risks are inherent but more transparent than speculative digital assets.
Example: Commercial Real Estate Investing or participation in a Sharia-compliant real estate fund.
Pros: Tangible, income-generating potential, inflation hedge, long-term stability.
Cons: Illiquidity, high capital requirement, management if direct ownership.

2. Sharia-Compliant Equity Funds

Invest in stocks of ethically screened companies that do not engage in impermissible activities e.g., alcohol, tobacco, conventional banking, gambling, entertainment promoting immorality.

Key Aspects: Professional management, diversified portfolio of permissible businesses, direct ownership in productive enterprises.
Why it’s better: Supports real businesses, offers diversification, and avoids speculative trading of non-tangible assets.
Example: Amana Growth Fund or Wahed FTSE USA Sharia ETF.
Pros: Diversification, liquidity, professional management, alignment with values.
Cons: Market volatility, management fees.

3. Physical Gold and Silver as Store of Value

Acquire physical gold and silver as a hedge against inflation and economic instability, holding them for long-term value preservation rather than short-term speculation.

Key Aspects: Tangible precious metals, historical store of value, inflationary hedge.
Why it’s better: A tangible, real asset, universally recognized as a store of wealth, and less subject to the extreme volatility and technological risks of cryptocurrencies.
Example: Buying gold bullion from reputable dealers like JM Bullion or APMEX.
Pros: Tangible, retains value, inflation hedge, no counterparty risk if held physically.
Cons: Storage costs and security concerns, lack of income generation, price volatility.

4. Sukuk Islamic Bonds

Invest in Sharia-compliant certificates that represent an ownership share in tangible assets or a proportionate share of a business venture’s profits.

Key Aspects: Asset-backed, income-generating from real assets/profits, not interest, ethical financing.
Why it’s better: Provides a fixed-income-like investment that adheres to Islamic principles by avoiding Riba, and is linked to real economic activity.
Example: Investment in Franklin Templeton Sharia Global Equity Fund or direct Sukuk offerings if available to retail investors.
Pros: Diversification, typically lower risk than equities, Sharia-compliant income.
Cons: Limited availability for retail investors, less liquid than conventional bonds.

5. Productive Business Ventures Partnerships or Direct Investment

Engage in direct investment in small or medium-sized businesses that produce goods or offer services. Iacademy.io Review

This could be through a Mudarabah profit-sharing or Musharakah joint venture arrangement.

Key Aspects: Direct involvement in real economic activity, profit derived from effort and trade, risk and reward sharing.
Why it’s better: Embodies the true spirit of Islamic finance by supporting real economic growth, creating jobs, and generating wealth through legitimate, productive means.
Example: Starting a small ethical e-commerce business, investing in a local halal food venture, or joining a Mudarabah or Musharakah fund if available.
Pros: High potential returns, direct impact, aligns perfectly with Islamic principles.
Cons: High risk, significant time commitment, illiquidity.

6. Halal Mutual Funds and ETFs Beyond Equity

Look for diversified halal investment vehicles that go beyond just equity, potentially including real estate, commodities, or other permissible asset classes.

Key Aspects: Managed diversification, broad market exposure within ethical boundaries.
Why it’s better: Offers convenience and diversification for investors who may not have the expertise or capital for direct investments, while ensuring Sharia compliance.
Example: Several financial institutions offer Islamic mutual funds and ETFs that adhere to Sharia screening.
Pros: Diversification, professional management, liquid for ETFs, accessible.
Cons: Management fees, underlying asset quality needs constant screening.

7. Socially Responsible Investing SRI with Islamic Screening

Combine the principles of Socially Responsible Investing which focuses on environmental, social, and governance factors with specific Islamic screenings to ensure maximum ethical alignment.

Key Aspects: Investing in companies that demonstrate strong ethical governance, positive social impact, and environmental responsibility, all while adhering to Sharia principles.
Why it’s better: Addresses both financial returns and broader societal impact, promoting responsible corporate behavior and aligning investments with one’s values.
Example: Researching funds or platforms that specifically combine SRI principles with Islamic finance.
Pros: Positive societal impact, ethical alignment, long-term sustainability focus.
Cons: Niche market, may have fewer options, potentially lower returns if ethical screens are very strict.

How to Cancel Aquariuscoin.com Subscription Not Applicable

The website Aquariuscoin.com, based on its current presentation, does not offer any subscription services or free trials that users would need to cancel. Its primary function is an informational portal for the AquariusCoin ARCO token swap. Therefore, there is no direct “cancellation” process within Aquariuscoin.com itself.

What would be relevant for ARCO holders, if it were a permissible asset, would be managing their existing token holdings or trading activities on associated exchanges. However, since the primary activity on the site is a token swap, the “cancellation” equivalent would be deciding not to participate in the swap and abandoning one’s native ARCO coins, or deciding to sell the new ERC20 token on Xeggex.com.

Important Considerations for ARCO Holders Though Discouraged:

Participation in the Swap: If you are an existing ARCO holder, the website urges you to transfer your coins to Xeggex.com by a specific deadline December 23, 2023, though this date has passed. Failure to do so would likely result in your native ARCO coins becoming worthless, as the old blockchain is being discontinued. This is effectively a “cancellation” of your involvement with the old ARCO.
Managing New ERC20 Tokens: If you successfully participated in the swap, your interaction would then be with the new ERC20 tokens on the Ethereum network and potentially on the Xeggex.com exchange. To “cancel” your involvement here would mean selling your tokens on the exchange.
Wallet Management: The website implies that holders manage their own wallets. If you held native ARCO in a wallet, the decision to “cancel” involves whether to send them to Xeggex for the swap or to simply hold them and accept their eventual worthlessness.

Ethical Stance: From an ethical and Islamic perspective, the most appropriate “cancellation” is to disengage entirely from highly speculative and uncertain digital assets like ARCO. This means avoiding participation in the swap, refraining from buying the new ERC20 token, and redirecting any potential investment into permissible, tangible, and productive ventures as outlined in the “Alternatives” section. The act of “cancellation” here becomes one of principled avoidance.

Aquariuscoin.com Pricing Not Applicable

Aquariuscoin.com, as a website, does not have a pricing structure for its content or services. It is a purely informational site, specifically designed to announce and facilitate the token swap for the AquariusCoin ARCO project. You do not “subscribe” to it, nor do you pay to access its information.

The concept of “pricing” in relation to AquariusCoin would refer to the market price of the ARCO token itself, which fluctuates based on supply, demand, and speculative trading on cryptocurrency exchanges. The website mentions elements that relate to the token’s economic model, but these are not “prices” for using the website or its content.

Relevant “Economic” Information Mentioned on the Homepage for the ARCO token: Plannix.co Review

Total Supply: 42,000,000 coins this will be the same for the new ERC20 token.
Circulating Supply: 4,437,190 coins at the time of writing Jan 30, 2024. This is the amount currently available in the market.
Proof of Stake Rewards Old Chain: 1 ARCO fixed plus 6% annual on the amount at stake.
New ERC20 Token Reward Structure: Fixed 1 ARCO removed. 6% annual reward remains, automated 4x per year 1.5% quarterly vesting reward from treasury wallet.

Ethical Implications of “Pricing” for ARCO:

Speculative Pricing: The “price” of ARCO, like most cryptocurrencies, is determined by speculative trading on exchanges. This price is not directly tied to any underlying tangible asset or productive economic activity, making it highly volatile and unpredictable. This volatility is a major component of Gharar excessive uncertainty and Maysir gambling in Islamic finance.
Reward Structure Concerns: The “6% annual reward” on a non-productive token is ethically problematic. If this is a guaranteed return on a digital asset, it resembles Riba interest, which is forbidden. In Islamic finance, returns should be based on risk-sharing and actual profit from legitimate, tangible ventures. The vagueness of the “treasury wallet” as the source of these rewards further raises questions about its sustainability and ethical underpinning.
Lack of Intrinsic Value: The “price” of ARCO or any similar speculative digital asset is not based on inherent value from a real-world product or service, but rather on market sentiment, hype, and the “greater fool theory.” This is a significant ethical concern.

Conclusion on Pricing: There is no “Aquariuscoin.com pricing” for the website itself. The “pricing” that relates to the ARCO token is entirely market-driven and speculative, making engagement with it highly problematic from an Islamic ethical standpoint. Individuals should instead focus on investments where pricing is tied to tangible assets, productive economic activity, and transparent value generation.

Aquariuscoin.com vs. Ethical & Tangible Investments

Comparing Aquariuscoin.com representing the ARCO token project to ethical and tangible investments is like comparing a speculative lottery ticket to a well-planned, productive business venture.

The fundamental differences lie in their underlying principles, risk profiles, and alignment with Islamic ethical finance.

Aquariuscoin.com ARCO Token – The Speculative Approach:

Core Nature: A digital token project born from a failing native blockchain, attempting a pivot to an Ethereum-based token. Its primary “value” is speculative, driven by market demand and the hope of future adoption.
Underlying Asset: No tangible underlying asset. The “value” is purely digital and based on network effects, developer promises, and market sentiment.
Revenue/Value Generation: Claims of a “6% annual reward” from a “treasury wallet,” but the source of sustainable, ethically permissible profit is unclear. Price appreciation is entirely speculative.
Risk Profile: Extremely high. Past issues include “hijacked” coins, “exit scam” exchanges, and an outdated blockchain. The future success of the token is highly uncertain, dependent on external factors and vague promises.
Ethical Compliance Islamic Finance: Fails on multiple fronts:
- Gharar Excessive Uncertainty: Pervasive due to past failures, market volatility, and vague future.
- Maysir Gambling: High potential for speculative trading where gains are not tied to productive effort.
- Riba Interest: The 6% annual reward, if a fixed return on a non-productive asset, could be akin to Riba.
- Lack of Tangible Asset: No real-world asset backing or productive utility.

Ethical & Tangible Investments – The Productive Approach:

Core Nature: Investments in real economic activity, tangible assets, and productive enterprises that generate value through legitimate means.
Underlying Asset: Always backed by something real: property, a share in a company’s profits, physical commodities gold/silver, or the output of a business.
Revenue/Value Generation: Profits are derived from legitimate trade, rental income from real estate, dividends from ethical companies, or growth in the value of physical assets.
Risk Profile: Varying, but generally more transparent and manageable. Risks are tied to market cycles, business performance, or asset depreciation, not just speculative bubbles.
Ethical Compliance Islamic Finance: Designed to fully comply:
- Absence of Gharar: Transparency in assets and income sources.
- Absence of Maysir: Gains are from productive activity, not pure speculation.
- Absence of Riba: Returns are based on risk-sharing or profit from real ventures, not fixed interest.
- Tangible Asset Backing: Essential for all permissible investments.

Direct Comparison Table:

Feature	Aquariuscoin.com ARCO Token	Ethical & Tangible Investments e.g., Real Estate, Sharia Equities
Asset Type	Digital, purely speculative token	Tangible property, shares in real businesses, physical commodities
Value Basis	Market sentiment, hype, vague promises, speculation	Productive economic activity, rental income, business profits
Risk Level	Extremely High due to history of failures, volatility	Moderate to High dependent on asset class, but more transparent
Income Source	Speculative price appreciation, fixed “reward” from treasury	Rental income, business profits, dividends, asset appreciation
Islamic Ethics	Highly Problematic/Impermissible	Fully Compliant
Long-Term View	Highly uncertain, reliant on a distressed project pivot	Sustainable wealth creation based on real economic principles
Transparency	Limited, mentions past failures but no clear future roadmap	High, detailed financial reports, clear asset statements

Conclusion: For anyone prioritizing ethical wealth management and sustainable financial growth, turning away from speculative ventures like Aquariuscoin.com is not just a recommendation but a necessity. The alternatives focused on tangible assets and productive activities offer a path to build wealth in a manner that is both financially sound and spiritually rewarding, free from the excessive uncertainty and potential for impermissible dealings inherent in speculative cryptocurrencies.

FAQ

What is Aquariuscoin.com?

Aquariuscoin.com is the official website for the AquariusCoin ARCO project, primarily serving as an announcement platform for its transition from a native blockchain to an Ethereum-based ERC20 token due to technical and financial challenges.

Is Aquariuscoin.com an active cryptocurrency exchange?

No, Aquariuscoin.com is not an active cryptocurrency exchange. Afterit.support Review

It is an informational website communicating updates about the AquariusCoin ARCO project, particularly its token swap.

What is the main purpose of the Aquariuscoin.com website?

The main purpose of Aquariuscoin.com is to inform existing ARCO coin holders about the decision to end their native blockchain development and initiate a swap to an Ethereum ERC20 token, providing instructions and timelines for this transition.

Why is AquariusCoin ARCO moving to the Ethereum network?

AquariusCoin ARCO is moving to the Ethereum network because its native blockchain faced significant technical and financial challenges, including outdated source code, excessive orphan blocks, and issues with coins being “hijacked” or lost on “exit scam” exchanges.

What is an ERC20 token swap, as described by Aquariuscoin.com?

An ERC20 token swap, as described by Aquariuscoin.com, is the process where existing native ARCO coins will be exchanged for new ARCO tokens operating on the Ethereum blockchain, at a 1:1 ratio.

When did the ARCO token swap take place, according to the website?

According to the website, the ARCO coin deposits to Xeggex.com for the swap were disabled after December 23, 2023, and trading was paused in Q1/2024 no later than February 11th for the swap to complete.

What are the “rewards” mentioned for holding the new ARCO token?

The website mentions that the new ARCO token will offer a 6% annual reward, distributed as 1.5% vesting rewards from a treasury wallet four times per year quarterly.

Is the 6% annual reward on ARCO tokens considered interest Riba in Islam?

The 6% annual reward on ARCO tokens could be problematic and akin to Riba interest in Islam if it is a fixed, guaranteed return on a non-productive digital asset not tied to a tangible underlying asset or real profit/loss sharing from a legitimate venture.

What were the issues with past exchanges where ARCO was listed?

Aquariuscoin.com explicitly states issues with past exchanges, including Yobit.net wallet offline, coins “hijacked”, Bololex deposits disabled, Freiexchange deposits disabled, and association with “hacked exchange or simply an exit scan.”

Why is relying on a single centralized exchange CEX like Xeggex.com risky for ARCO?

Relying on a single centralized exchange like Xeggex.com for ARCO is risky because it creates a single point of failure for liquidity, increases the potential for price manipulation, and limits users’ options if the exchange experiences technical issues or security breaches.

Does Aquariuscoin.com provide a whitepaper for the new ARCO token?

Based on the homepage content, Aquariuscoin.com does not explicitly provide a whitepaper for the new ARCO token or a detailed future roadmap beyond the swap announcement. Curtainshub.ae Review

Who is the founder of AquariusCoin mentioned on the website?

The founder of AquariusCoin mentioned on the website is Jure Pirc.

Where can I find community updates for AquariusCoin ARCO?

The website directs users to join their Telegram group https://t.me/AquariusCoin for updates and Q&A.

Is investing in highly speculative cryptocurrencies like ARCO permissible in Islam?

No, investing in highly speculative cryptocurrencies like ARCO is generally not permissible in Islam due to the presence of excessive Gharar uncertainty, potential Maysir gambling, and often a lack of tangible asset backing or clear productive economic utility.

What are better, ethical alternatives to investing in speculative digital assets?

Better, ethical alternatives include investing in tangible assets like real estate, Sharia-compliant equity funds, physical gold and silver, Sukuk Islamic bonds, or engaging in productive business ventures.

How does Aquariuscoin.com compare to a traditional ethical investment platform?

Aquariuscoin.com serves as an announcement platform for a troubled digital asset, while a traditional ethical investment platform would offer investments in tangible, productive assets or businesses that comply with specific ethical e.g., Sharia guidelines, focusing on real value creation.

Does Aquariuscoin.com offer any customer support contact information other than Telegram?

Based solely on the homepage, Aquariuscoin.com does not explicitly offer direct customer support contact information like email or phone beyond directing users to their Telegram group for updates and Q&A.

What does “orphan blocks” mean in the context of AquariusCoin’s old blockchain?

“Orphan blocks” in the context of AquariusCoin’s old blockchain refers to valid blocks that are not included in the main blockchain, indicating instability, network synchronization issues, or potential vulnerabilities within the blockchain’s operation.

Has AquariusCoin ARCO had any security incidents in the past, according to their website?

Yes, AquariusCoin ARCO has had security incidents, as stated on their website, including coins being “hijacked” by the rogue Yobit.net exchange and funds lost to “hacked exchange or simply an exit scan.”

What is the final supply of the new ARCO token after the swap?

The final supply of the new ARCO token after the swap will be 42,000,000 tokens, mirroring the hardcoded parameters of the original ARCO chain.

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