Bitcoin Forum

.

Reserved Spanish translation. Confirm please.

Thank you for the offer, but we are not running a bounty program in order to protect investor interests!

We have started a new blog series called "Cazaar Explained" in order to help the community get a better understanding on why, and how we intend to raise the funds and create a platform that is beneficial both for its' users, investors and founders.

https://medium.com/@CazaarExchange/launch-of-cazaar-explained-series-about-us-our-approach-marketing-and-business-decisions-86a972f007aa

You made a mistake my friend if you have an experience in any kind of industry before. you should have known that any project or industry needs a marketing to develop their project and to spread the awareness about their company or project or industry.
bounty hunters did dump the price whenever it gets listed on any exchange, but you can not deny the fact that they are bringing an exposure to project itself.
if you are afraid of them to dump the price when it gets listed on the market, you can try to incentive them by using USDT or other currencies.

Indeed, it could be useful, but also the effects of our way of doing things. Once we get the details of this project to people who wish to invest in an ICO that actually cares for them, and tries to protect their interest, it might work out just as well.
Just think about it, there is no inflation created by "free" coins on the market from airdrops, bounties, or bonuses but there is a buyback program which increases the price of the tokens.
We believe that is the key to create a mutually beneficial ICO especially in this market.

Although paying in another currency could really work for this kind of problem, we are not going to start a bounty right away, but it has just become a possibility for the second part of our campaign.

Can you really sustain the project with only three people in your team? How about the marketing? Are you planning to also manage the bounty and other marketing related gigs? I think you should consider getting third parties or just expand your support.

Good project, in a moment I will read your whitepaper.
I hope it is a long life project. Good luck to your team.

The development of the platform will indeed require more people in the team, that's why we are going to work with contracted developers thus we can deliver on time. As for the marketing, we believe it's sustainable for us to manage the bounty campaign and to engage with the community.

The concept of the project enchants me a lot, I hope there is the possibility of some hiring for the Team, as well as the emergence of advisers and Partners throughout the Project, as it is an important and productive contribution. There are many Exchanges emerging lately, and the Blockchain explosion will make it an increasingly broad and competitive niche. I wish you luck on this journey, I will be following closely

Departing from above statement, may I assume that one of the feature you offer is a possibility to list as many available on the crypto system tokens as possible? I had to make sure because in spite of being under your "most notable aspects of concept", you didn't exactly explain what your notable feature is (for this section) against the current available business.


And then, departing from this statement, do I understand correctly that, if the previous conclusion is correct, this listing-as-many-as-possible will be implemented through offering projects out there with the possibility of being listed as long as they are willing to pay?

for security that is implemented such as 2FA and Mouth-signatures, is it necessary to fill KYC and cellphone numbers for better security.
and what is the fee for WD?

Not exactly. In the first quoted part we were explaining, I believe one of the biggest competitive advantages we have over other ICOs. That we have a real-life use case and that there is still place at the table for us.
Although we will really try to list as many of the new tokens that are actually capable and have remarkable investor bases, it doesn't necessarily mean that we are going to list every single asset for which we get paid.
It is important for a newly launched exchange to have proper volumes, and freshly released assets are able to provide us with such liquidity.
The second quoted part is about the use cases of the token itself. Since it doesn't have many (Why would it? We will eventually buy it back.), and this kind of listing can be beneficial for CZAR owners.

? so, is this bounty thread a fake one?

https://bitcointalk.org/index.php?topic=5087117.0

No, it isn't.
We have changed our mind thanks to DaMut and came up with a unique solution that fits into our approach. Now with this bounty campaign, we can compete with the bigger ones, it is just as profitable if not more, it doesn't inflate CZAR prices, and might as well lead this fundraising to a success.

Reserved Vietnamese translation.
Hope your project succeed.

Czar is providing this amazing opportunity for us. I will read the whitepaper and get better understanding of this project. The little I read through is that the platform is an anticipating event.

I think Cazzar will be one of the newcomer exchanger to be reckoned with, because it has a unique and different concept from other exchangers. I think this project will succeed in the future.

Good project, in a moment I will read your whitepaper.
I hope it is a long life project. Good luck to your team.

 great project i very supportive of this project, because I see there is a future here (y)

"I believe one of the biggest competitive advantages we have over other ICOs. That we have a real-life use case and that there is still place at the table for us." namely an exchange, that mostly people are looking so they can liquidate?

Do you mind to explain what problem are you actually solving? If you're merely offering an exchange platform, that will not really list every possible token out there, then what differentiate you from other exchanges that's already existed, better exchange if I may add.

Well, I wouldn't use the word "merely". We are offering at least industry standards when it comes to speed, security, usability, and transparency (note that we can't do instant miracles while we have to keep the soft cap low). Above all that our exchange approaches the industry, its' users and investors in a way that is currently nonexistent.

Since you are focusing on the platform and not the project as a whole, I will try to leave the advantages that are associated with the ICO.

We are user-oriented, it means, that our priority is to provide the best deals for our users, and when it doesn't go the way we intended, we're ready to listen to our users' demands and/or problems, furthermore we are ready to negotiate with them in order to solve the situation. It's important to provide great circumstances and keep a decent user satisfaction rate.
Satisfied users recommend the platform to their friends, they can even use our referral system, which is one of the best solutions in the industry when it comes to profitability (30% for the referrer and 20%rebate for the referee), thus they can gain further benefits by providing the platform with more users and thereby with more volume.

For those who are already using the site and are trading with big amounts or trade a lot, we are providing a trade-based fee reduction system with achievable limits, thus they can make further profits while they are providing volume to the platform. Moreover, we also provide a PoS coin distribution system which solely aims to thank our users for their decision to use our platform instead of any other.

All this combined with a well thought out listing plan that focuses on attracting and keeping new users (with top market cap and top volume coins + "hot" ICOs), there shouldn't be a problem volume and profit wise.

At this point, the investors are happy because we can constantly buy their tokens and increase the remaining supply's value, the users are happy because they are getting a proper service with many benefits and assets they can not get elsewhere, and we are happy because we have a healthy and profitable platform.

A project does not necessarily have to be about problem-solving or revolutionary solutions. We can see where many of the revolutionary projects ended up in the last 12 months. We are here to provide one of the best terms in the industry and to take a piece of the pie, which we are ready to share with the ones who support us.

Regarding the very last paragraph, you actually just described what you tried to solve from the paragraphs above, or in other words, what your competitive advantage is, compared to other stronger exchanges. Emphasizing and highlighing these points as well as opening broad discussions about these features will hopefully helps raising awareness and attracting investors. Of course, the discussion, or rather interrogation, is not ended this way, there are lots of scamming projects these days that I, as well as many other investors, will have to do their due diligence regarding investmens as well as helps informing others about how legit certain projects are. One of the way to provide the information is through thorough QnA session, because if the project is legit, then they won't find any difficulties attending the inquiries, otherwise they will.

Apropos, id I may ask further about the buyback, which mostly is the major point to appeal investors, will it be pegged at ICO rate or will it follows the future trends?

Yes, we are aware that there are many scams out there, and projects that can't deliver what they've promised. This is why we only promise what we can deliver. I believe, we can both agree that creating an exchange is not an impossible task, and definitely not one you would just leave once you got the investors' money. In my point of view it just wouldn't make sense, considering the potential of such a platform.

We are glad to answer any question regarding this project here, on Reddit, Facebook, Telegram or Twitter.
I personally enjoy your questions because they show your interest and they can be educational for others as well. So, please, don't hold back. :)

The buybacks will happen at market price, as of now we are not sure which would be a more beneficial solution:
1, Buying the tokens back straight from the exchange (which could mislead unaware investors just like a pump), which is the best option for us to buy back as many tokens as possible
2, Create a separate option where the owners can determine their prices and the lower prices get the priority (they would obviously sell way above the market price, thereby slowing the buyback process)

You can find a longer post about our buyback program (https://medium.com/@CazaarExchange/how-does-100-buy-back-work-part-1-of-cazaar-explained-c60f63f771ba) and most of the unique features of Cazaar on our medium profile (https://medium.com/@CazaarExchange).

This is good initiative to Exchange the Concurrency. because i believe this Crypto currency will be the payment system.
it's very essay

Quite ambitious exchange, wee-designed whitepaper and roadmap. I think the prospect is great.

I read through your Whitepaper and applied to translate it into Turkish.

I really like the idea behind and the fact that you guys have a real use case. Crypto market will keep on growing and we need exchanges like Cazaar. Therefore I wish you guys good luck and I'm proud to be a supporter. I have no doubt that Cazaar will be successful. Being user-oriented is a key factor for success.

I would advise against buying back directly from exchange on daily basis as it can be easily misintepreted as fake volume, and investors won't be able to determine which buy orders and volume is which.

Maybe a buyback can happen on certain date each month. This way, people will be the ones determining the price and it will also prevent dump as people will set price higher nearing the buyback period

I really hope and believe in your project. I think that if your team will work, you will achieve great success.

Also, I might have missed regarding the legality of this project, is your exchange already registered and where?
Since you are from Hungary, are you approved by the Central Bank of Hungary to hold your operations?
Or you got your license from Estonia or whichever is convenient for you?
Legal docs are one of the basic requirements to fulfil in order to hold legit operations.

The exchange is not yet registered since its' fate depends on the results of the ICO, it wouldn't make sense for us to already have it. Especially since we (at least in the first quarter) are operating entirely in crypto, and since there are currently no regulations regarding crypto assets in Hungary, that could be done legally without a license as long as we comply with AML (which is still not necessary in crypto, but it will be in a couple months, since we are EU members) and pay the necessary taxes when we are converting our profits to fiat.
Also, banks in Hungary are usually not that hard on crypto related companies, there were statements by the MNB (Hungarian National Bank) that warned people about crypto scams and high volatility, but bans haven't really happened.
After the first few months of the operation we are planning to acquire the necessary licenses to operate as a legal security exchange (since most tokens, especially nowadays are more or less security tokens, even the ones that state that they are utilities), way before it's a legal requirement.

although the team that manages this project is only a little but if they are passionate and always work together in a compact manner for sure success will also be achieved with satisfactory results, we pray for the best for this project, hopefully what will be achieved will be achieved.

Yes, exactly, it is not as hard for a team like us to manage a project like this. We have the necessary knowledge in business economics and IT thereby with some legal councel, and a contracted developer team it is entirely manageable for us to carry out everything we've promised.
You are also right in the part that we are passionate and hard-working while being young and able to see the industry in a way that others might not.

I recommend everyone to pay attention to this team. Very interesting project, wish you success An interesting project, the team has many plans

Next point to be concerned about was the team. I can only see 3 people on your site. Are they all of the team? Moreover, these three people are only listed as names, photos, and brief story about them. Is it possible to have concrete evidences that those people are real, name matches with pictures, experiences matches with track records, and so on. You know that I mean their social medias profile. As far as we know, pictures can be easily taken from internet.

Yes, there are only the 3 of us, but we are more than enough to manage everything once the funds are collected, as I implied earlier an exchange is nowhere near an impossible task to accomplish. Advisors other than legal counsel are not necessary, there are hundreds of examples of how to do, or how not to do something on an exchange. It is obvious how the business side works and how the tech behind all that works.
What we need is to accelerate the process and involve contracted developers to deliver on time. By the launch of the exchange, we are going to assemble a decent support team (which will be expanded whenever the platform requires it) a handful of people for marketing and PR purposes, and a team for the 24/7 maintenance of the platform.

We are aware of the scams that are using fake pictures and names, but the thing is that we are not really active on social media, it's not our world. We don't have twitter or linkedin (mostly because most of its' features are not necessary for us, but it is detailed in the F.A.Q and some blog posts as well) accounts and our facebook profile is for private use mostly, not very valuable business wise. (We are using our facebook profiles to advertise on the platform and to identify ourselves on ICO listing sites, but we believe it's not very valuable, not to talk about the constant friend request we are getting from people, who wish to sell their services to us.)
We have asked in these posts and in our F.A.Q answer that if any of our potential investors have a concern about our legitimacy, don't be afraid to confront us and to suggest a way to identify ourselves. We are open to sharing our identity, as long as it doesn't interfere with our personal lives.
We have thought to make a video, but until there is no real demand for it, we can afford to wait for a better possibility to come up. For example, you might have an idea.

Well... If I may suggest, fighting against a stolen internet picture is as easy as taking a picture of the whole team together with the logo of your company visible, preferably held by hand. In a case of fake picture, it'll be almost impossible for the suspect (namely, you) to ask for those people whose pictures you stole to take a group picture for your sake.

Some people will still argue that you might be using real pictures of yourself but the names are not real, and I also has an idea for this, but I think it's too far stretched that I doubt you want to trouble yourself doing it. So maybe just the group picture for now and we resort to this "still unrevealed" idea of mine when the needs surfaced. Also, if the group picture is good enough, it actually can be used as an evidence on your site too

I kind a agreed on that social presence. I did saw many Ethereum or other blockahin developers barely have big social profile. Most of them are tech geeks not marketers. Some of them have less than a thousand followers and are barely active in social media.

Every project has to start from somewhere, true organic growth is better than having bunch of fake and airdrop followers. Cazaar at least is honest and straight up on things. I also like the way they trying to engage with all bounty members in a more proactive approach. Hopefully, things will blossom as time and things progressed.

A group photo is indeed a good idea. We are going to take one between the holidays if things go well.

Good job!
We can't appreciate it enough!
Thank you!

I became interested in this project. This is a lucrative area.

This is Big exchange Cazaar,  you offer a lot of facilities for us, for traders! And we Express our gratitude to you! You even spend a bounty on large payments - your project is not a trash can.

This is Big exchange Cazaar,  you offer a lot of facilities for us, for traders! And we Express our gratitude to you! You even spend a bounty on large payments - your project is outstanding...GREAT WORK

"your project is not a trash can" - I don't think that we've received anything like this before.

Thank you, sir, you've made our day! :D

The concept of the project enchants me a lot, I hope there is the possibility of some hiring for the Team, as well as the emergence of advisers and Partners throughout the Project, as it is an important and productive contribution. There are many Exchanges emerging lately, and the Blockchain explosion will make it an increasingly broad and competitive niche. I wish you luck on this journey, I will be following closely  :'(

Exchange of projects like this is indeed more discussed, especially with the concept of the CAZAR project that offers the exchange industry perhaps one of the few if not the only ,crypto related industries that have brought products to real life, hoping that this project will be increasingly in demand for investors.

The concept of the project is unique. it is a unique project and promising project. The procedure of this project is in proper way to go. I think it will be successful project in near future.

Indeed, it could be useful, but also the effects of our way of doing things. Once we get the details of this project to people who wish to invest in an ICO that actually cares for them, and tries to protect their interest, it might work out just as well.
Just think about it, there is no inflation created by "free" coins on the market from airdrops, bounties, or bonuses but there is a buyback program which increases the price of the tokens.
We believe that is the key to create a mutually beneficial ICO especially in this market.

Although paying in another currency could really work for this kind of problem, we are not going to start a bounty right away, but it has just become a possibility for the second part of our campaign.

What is your point?

That was good project, and cool team. And of course it is interesting project. I like the concept of the team. Hopefully that's will be bring to be succeed i feel this.

Chinese ANN+Bounty Thread
https://bitcointalk.org/index.php?topic=5090334

вceм пpивeт! интepecный пpoeкт! личнo я нaчaл yчacтвoвaть в нём!

Hi Cazaar team!
Have you plans of Bitcointalk signature campaign? If so I could help. Feel free to contact me if interest in.
Also you can check my portfolio: https://bitcointalk.org/index.php?topic=5063787.0

We don't wish to launch a signature campaign at the moment.
Although, we appreciate the offer!

its an very good project with excellent team and i think this project have bright feature . I hope this will going to reach sucess very soon

With regard to exchange fees, will it be a fixed fees regardless of the amount to be negotiated? And with the passage of time that rate will be reduced? And what will be the initial value of the fee?

The trading fee is going to be fixed at 0.1% for both makers and takers. As of now, we don't think that the fees will be reduced over time, especially because we will provide many options for our users to reduce, utilize or
gain passive income from the collected fees.

Our Referral system lowers our cut by 30%-50%, and there is also a Trade-based fee reduction system which can decrease the trading fees by 70%.

Cazaar crypto exchange will correct the flaws of other crypto exchanges such as untrustworthy, slow or expensive services, customer service issues and the lack of transparency. Just to mention a few..

How's the holiday and group photo going? I am rather sure that your holiday is over and you've got the necessary proof of real person here. Honestly, it doesn't have to be leisure photo, a group photo in your own office is actually more convincing as it's not only show the people in your company, but also the physical evidence (i.e. the office room itself)

Skeptical as always, yet it is great to see you back.
You are probably the only one, whose attention we could really grab.

Although you must have misunderstood something, as of now, we are not working together, this fundraising would make it possible for us to work together and to create this platform. Without funding we could create an MVP, of course, it is not necessarily hard, but time-consuming nonetheless, and we would have to start over again once we've got the capital since it would be impossible to scale an MVP that was created without the proper resources to a world-class platform.

Back to your concern:
It wasn't really a priority, especially because the fundraising doesn't go the way it "should", thus we are now working on alternatives. Private funding looks like the best possibility, and for that, we had to rethink our approach.
The group photo is still about to happen, and even if it is not for the public sale, I promise, if you are interested, I will send it to you. :)

LOL. Forgive the scepticism, it's a rather natural defense mechanism towards today's ICO trends that full of scam. My main purpose is giving as many materials as I can for investors to do their due diligence. So yeah, I don't actually need your picture as the request is more to investor's benefits. Hopefully, the private investors will do their own research and satisfied with your evidences

We don't mind it at all, as I said before, your concerns are completely understandable.
The way you deliver those concerns is what we find amusing.

I find that this project is very potential. The route grows very quickly even though the team has few people. That really is a great effort from your side. I congratulate and hope the project will be successful soon.

I see you only have 3 man on your team, is it enough? And I can't find about team linkedin profile. Maybe you can add it, so more investor can see your track record.

This is really a conceptual exchange platform with lots of comparative dynamics necessary to make the project a success.

hi dev, how about project cazaar?still runing or stop,,why not update in social media facebook and twitter.

Hey!

The project is still active, but we have to adapt to the market and adjust our approach.
There is nothing to share on social media channels, every necessary information is available, the market is down and investor willingness is low which factors result in the lack of relevant/significant news.

i think you admin in project cazar, whether ico cazar has ended? how much total reached for this project

how this project sir..why no update about new news..i want join the ICO still open sale token? how much minimum to buy token