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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. |
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Most notable aspects of our concept:
Real life use case:
The exchange industry is probably one of the few if not the only
crypto related industry that has brought products to life that are used by millions.
Even in the bear market exchanges are profitable and able to provide benefits for their investors.
Our exchange also has a market gap to fill since many ICOs with thousands of investors can’t get their assets listed on exchanges.
With 2-3 new coins/tokens entering the market on a daily basis, there is still a place for new exchanges to provide a trading platform for these projects.
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. 1. used to participate in the crowdsourcing and decision making for free. (in case you have at least 100 CZARs on your balance)
2. exchanged for other crypto assets after the Cazaar Exchange launch.
3. sold to the Company (Us) at the monthly buy ups.
4. a way for projects to get listed on the exchange at a 20% discount. (If they wish to pay their listing fees in CZARs)
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? 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. |
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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.
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. |
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Reserved Spanish translation. Confirm please.
Thank you for the offer, but we are not running a bounty program in order to protect investor interests! 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. |
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Reserved Spanish translation. Confirm please.
Thank you for the offer, but we are not running a bounty program in order to protect investor interests! |
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I believe we should focus on the long term. And now is a great time to stock up some promising coins, or BTC if you want to keep it safe.
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Most of those projects are making their services related to blockchain so they can create an ICO. They most likely chose this kind of fundraising because it was easy to get funded and even if blockchain is not necessary for the solution, it can be a good and financially prospering project.
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Of course. The market will most likely get better over time. The rise last year and early this year was just too sudden and many lost huge amounts of money when others cashed out. This resulted in FUD and disappointment.
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It's not easy to say exact percentages, but definitely, most of them will. The reason is that they don't have real world use cases, and they are only existing because of the ICO mania.
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Bear markets have their advantages. There were many occasions when a coin/token just raised 20-30% in a single day. For example LEND did it 3 weeks ago. If you were invested you got 30% pure profit compared to the rest of the market. Profit you could invest in other currencies.
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One just doesn't know. It's not related to months or years, it's about people's decision and hype. The possibility is there.
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Based on what it has been seen among the wide array of altcoins such as development, innovation, and security issues, what altcoins might survive in the future? In my opinion, I think that the only ones prone to survive would be good old altcoins such as Litecoin and Dogecoin, but I may be wrong. Nevertheless, I would like to know your opinion about this as well as any altcoin that might be worth holding onto for the long term.  Dogecoin, is not good, litecoin (LTC) is good because assians like it and they pump it sometimes very hard. In long term, it's hard to lose money with LTC. Moreoever, etc is also good in case of a pump. Their team will generate some ICO I think. Well, Dogecoin is struggling right now, but make no mistake, it'll survive. |
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Hey guys! We have a new XRB gambling (coin flip) website, RaiPot. It fills a gap. Now you can challenge your luck against someone else using MRAI. There is a referral system as well. So if you are interested: http://raipot.com/?ref=lazzulj |
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