Hah, great to see promises of answer for those multiple questions. Will be watching on this thread to get responses.
I think better to be back in 24 hours as it was promised by somebody from adab.
@ ^BuTcH^It has been over 24hrs since the questions were posted and over 24hrs since my last post. I waited for the OP whitetoo to post but he has not answered the 3 questions specific to him. The other 6 questions were for the Team to answer so time for that was taken in to consideration, it would be understandable for it to take a couple of days to get replies from them but I have no idea why the OP whitetoo has not answered the 3 questions specific to him. I hope the OP whitetoo replies soon. I am sure that you will get an answer, maybe the team is busy and responds according to their possibilities, because they work a lot I also will be enjoy reading the answers to the questions. Let's give them more time to answer. Everybody here is interested in getting aswers,because it means transparency of their business. So why don't we wait a little bit more to get it? |
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LOL, just read a reply of Jolly Good asking several questions. I find funny that he suggests asking twitter and fb profiles during KYC procedure. Look, KYC is a tough process and any kind of additional info can just freak inverstors!
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We will show the beta version. Also very soon you will see the FACTS and the EVIDENCE that the project relates to Muslims and will work according to the laws of Shariah.
regards.
I will be pleased to test your beta version. The beta version will still need to wait a bit, then all together we estimate the work of the team  Yeah, beta version is that I am waiting to. I want to be among first test members. I have a certain experience with exchanges and want to compare it |
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First islamic crypto exchange must have unique design, not similar with previous exchanges.
You can also add something islamic as well.
yes, it must. but as you can see their Exchange have nothing unique.
infact they don't have any exchange they just used available plugins and tools and created an exchange which is no way unique and especially and literally has nothing Islamic in it.
I have to agree with most of the users here that it's just another scam project.
they are using name of Islam to scam the muslim community.
Thank you for the kind post. I appreciate it.
Yes there is nothing unique about this Adab Haraam exchange scammers website. It is just an ugly pathetic looking piece of rubbish website that is never going to take on any exchange. The scammers are lying by calling it Shariah compliant but it is Haraam !!
The pathetic website looks like some hideous software coded 20 years ago and the Adab Haraam exchange scammers are using tradingview.com to get their stats for their "exchange" that claim was custom coded and "developed". Nothing custom coded here, all available plugin software including their cms platform
I agree with you they are using the name of Islam and Shariah to scam the Muslim community.  Probably they don't have nothing unique in terms of UI, but don't you think that their main goal is to allow muslims to join crypto world? This is killer feature |
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The campaign is quite promising. I think the project will be in demand. Your idea and technical approach to doing the work is impressive and I see the full potential of your development! I want to thank you sincerely for what you are doing and advise everyone to thoroughly study the company's activities!
Exactly, what I like more is technical approach. it is not ordinary exchange, but they suggest full list of services like loans, fiat withdrawal and a lot of other features |
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I am confused by the fact that the ADAB-exchange will trade only the main crypto-currencies. Perhaps by Shariah norms this is the right decision. But in order to attract as many people as possible, including non-Muslims, the exchange must trade various types of cryptocurrencies.
Why do you think so ? I do not see such information anywhere. I also think they will be operating like other exchanges but excluding to list non shariah tokens connected with gambling, drugs, alcohol etc |
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I've checked out their web site and in a first day of pre-sale they have raised 128 k usd. Seems like a good start.
Hopefully they will raise much more!
Please give a link to the page on the site where this information is available. It is on their main page close to time counter, nothing hidden and this transparency attracts me. I would be interested in analysing smart contract as well once it will be released |
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First islamic crypto exchange must have unique design, not similar with previous exchanges.
You can also add something islamic as well.
yes, it must. but as you can see their Exchange have nothing unique. infact they don't have any exchange they just used available plugins and tools and created an exchange which is no way unique and especially and literally has nothing Islamic in it. I have to agree with most of the users here that it's just another scam project. they are using name of Islam to scam the muslim community. Probably you're right, but i have not lost trust, I hope they will be able to present unique plugins and tools. It is just a start of collections and they didn't develop product yet |
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Wow, you've raised 22 btc, it is not bad , just for 2 days.
What I like about you guys is that you are transparent about your collections.
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First islamic crypto exchange must have unique design, not similar with previous exchanges.
You can also add something islamic as well.
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You don't have a point of crypto backed loans obviously. Well, i will explain it. You take a loan in stable coin or usd and deposit your btc or eth as a collateral, so if price of eth is increasing it doesn't mean that you have to repay 10k usd instead of 5 k usd.
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I want to know who is among your main investors? Do you have agreements with VC?
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2 millions raised will be enough for making a proper development of this exchange.
By the way I don't know how much do you need for other expenses.
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How about lowering hard cap? It seems to me that 18 millions is to hard to collect nowadays. I would definitely make it much more lower
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Come on! it is clear what a point of these observations. Maybe Jolly is a guy from another religion, may be he is from Israel and now he is trying to accuse Adab?
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I think soon we will be shown in the video how it will work, let's call it a presentation
come on, i dont wanna watch video, i wanna see some working product where i can click everything You can already work with MVP Did you try this MVP? I've just seen feedback and people aren't that happy to see this MVP. Anyway team will cope with difficulties |
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Of course, preparing ICO takes much time and many resources, so no doubt that developments will go to their goal because if the project succeeds both devs and investors can earn good money.
They have raised funds for development, so I don't see any reason to their fail. I hope they truly raised funds and can make any proof,but honestly I don't care about it As I know they have already raised 3 mln dollars, and they have not great soft and hard cap. So I think there will be no problem to raise it. Their hard cap is like 18 millions, don't you think that it is too much on bearish market? I have opposite view on this question. But they have enough funds already |
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i heard about crypto backed loans and it is a positive step, that Victorieum has decided to run this feature on a platform.
It will increase customer's base
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Ok, guys. I would like to see any interview with founders to better understand their vision.
Another great idea is making interview with muslims to hear their voices about your exchange
I also think that the team needs to make more official comments. To go back to my investors and the community project. then there will be no misunderstanding. Yeah, official comments is something what they need to present for all of supporters and haters. Haters are trying to destroy Adab exchange, but good interview will make them shut down |
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Well, I don't make predictions, just wait for start of pre sale and raising certain amount of funds just to be sure in progress of this ICO
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