Is there any info about when can we expect a wallet for OIO and ICE so we can start staking?
Beta will be released in August followed by wallet release in September. 👍 Is it possible to participate in beta for free? Yes Beta will be free for everyone. |
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TST is a different token! The Trust token is kept in the private Blockchain, due to Gas costs and is not publicly available. End users will receive TST tokens for actions that allow the system to determine the quality of the websites they visit (voting, reviewing).
What is TST? First time I hear about that.I know there is OIO and ICE... TST tokens are the trust tokens that will be given to the users, for their reviews and ratings given. The Trust token is kept in the private Blockchain, due to Gas costs and is not publicly available. End users will receive TST tokens for actions that allow the system to determine the quality of the websites they visit (voting, reviewing). |
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Hi, With whom shall I get in touch to discuss marketing for your project ?
You may talk to one of our Admins from the Official Cryptosouk Community on telegram with this link: https://t.me/cryptosouk  |
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What will be the main purpose of SOUK tokens?
Tokens will be utilized in three primary ways: 1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at least 30%. We reserve the right to create special promotions and windows where token discounts on fees will be higher for a period of time, but they will always be worth a discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an additional discount applied to the general fee discount. 2. Tokens will be the method of payment for the listing of new asset pairs from projects that also meet our diligence review for soundness. 3. The company will, after $1,000,000.00 in initial profit as calculated under standard IFRS rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn SOUK tokens from the market in the current quarter. The company has the right to purchase tokens before the $1 million milestone and can, at its option, acquire more than the required 20% in any given quarter at its sole election. The company will continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens. However, the company, at its sole discretion, can re-acquire and burn all 56 million tokens originally issued. What you plan to do with unsold tokens? The company, at its sole discretion, can re-acquire and burn all 56 million tokens originally issued. |
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Interesting project,but i would like to know are are your main competitors,are you keeping an eye on them?
We don't have any direct competitors. In case of internet users experience, one might consider standard ad blockers and anti script add-ons as our competitors, although our solution is not limited to only these two features, offering also a non traceable browsing experience feature. You can also join us in Telegram: https://t.me/OnlineIO and ask your valuable questions there |
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Why only for the middle east?
Yeah i was about to ask the same question,whats the reason behind focusing on middle east,i mean how this project can benefit from that,instead going worldwide?And how you plan to restrict people from other regions joining? Is there any answer on this question? I'm also interested. Well I mean....there are really rich countries in the middle east but then again if people from ll over the world want to invest, why not let them. After all, crypto is a world wide thing. Every country has their own rules and restrictions to follow in regards with crypto, so I think this might be an issue. |
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What will be the main purpose of SOUK tokens?
Tokens will be utilized in three primary ways: 1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at least 30%. We reserve the right to create special promotions and windows where token discounts on fees will be higher for a period of time, but they will always be worth a discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an additional discount applied to the general fee discount. 2. Tokens will be the method of payment for the listing of new asset pairs from projects that also meet our diligence review for soundness. 3. The company will, after $1,000,000.00 in initial profit as calculated under standard IFRS rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn SOUK tokens from the market in the current quarter. The company has the right to purchase tokens before the $1 million milestone and can, at its option, acquire more than the required 20% in any given quarter at its sole election. The company will continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens. However, the company, at its sole discretion, can re-acquire and burn all 56 million tokens originally issued. |
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Will people from USA and China be able to participate in the sale?
From what i read,both United States and China investors will be excluded from ICO. I really need to move to some other country...This is so bad for us in states... Hopefully they will lift that ban soon. Yes that might happen soon. For now the team focuses only on the said country. |
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The only link to something arabic in this project is that it may have some partenership with Kuweitien investors but as you said guys; the team and the whole project is setteled away from arab world (not only the midle east). The description resume the project as an ordinary cryptocurrency exchange without any small part being related to the arab community or the arabic countries developement. If we are wrong, then managers should provide more details about the environment which willing to install their business. Here some other notes: - $11m as a hardcap is a very high budget to reach. - There is no minimum cap (softcap) - 8% from total raised amount reserved for bounties and airdrop which may be considered as special in the ICOs environment but i know this still depends on the Marketing strategy. - This is not the only project made by/for arab world. We can discuss it in comparison with DubaiCoin for example or HalalChain. So no softcap? I guess this team is going strong! People are to impatient in crypto, we got used to get all the information in an instant and we expect projects to develop in a month or two.Just give it some time, I'm sure we will be informed on time in next 2 weeks.this project has a good team that will deliver. I agree that it has a great team and could be really a proper project, but they should hire some people for telegram if they don't have someone already.It looks really bad when you got to telegram and it's dead  I agree with you, if no one is employed in telegram, how will someone get detailed information about your project? But they dont have group,only channel,and members cant write in channel anyway.Group will come later. You can find CryptoSouk on these links: Announcement channel: https://t.me/cryptosoukWebsite: https://cryptosouk.ioBitcointalk: https://bitcointalk.org/index.php?topic=4515317.msg40654837Reddit: https://www.reddit.com/r/CryptoSoukTwitter: https://twitter.com/CryptoSoukFacebook: https://www.facebook.com/CryptoSouk.ioLinkedIn: https://www.linkedin.com/company/cryptosouk/Medium: https://medium.com/@cryptosoukGitHub: https://github.com/CryptoSoukWhitepaper: https://cryptosouk.io/pdf/whitepaper_v2.pdf |
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What is the minimum amount needed to invest in order to join the presale?
Minimum amount needed to join the sale is 100 SOUK tokens, while maximum is 1 million SOUK tokens. I think that base price during presale is 0.35 USD and 0.50 USD during main sale. Someone correct me if I'm wrong. Yes you are correct.Private/Pre-Sale - $0.375 (25% discount) - Soft Cap @ $1M - Main Sale - $0.50 - Hard Cap @ $11M |
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The only link to something arabic in this project is that it may have some partenership with Kuweitien investors but as you said guys; the team and the whole project is setteled away from arab world (not only the midle east). The description resume the project as an ordinary cryptocurrency exchange without any small part being related to the arab community or the arabic countries developement. If we are wrong, then managers should provide more details about the environment which willing to install their business. Here some other notes: - $11m as a hardcap is a very high budget to reach. - There is no minimum cap (softcap) - 8% from total raised amount reserved for bounties and airdrop which may be considered as special in the ICOs environment but i know this still depends on the Marketing strategy. - This is not the only project made by/for arab world. We can discuss it in comparison with DubaiCoin for example or HalalChain. So no softcap? I guess this team is going strong! People are to impatient in crypto, we got used to get all the information in an instant and we expect projects to develop in a month or two.Just give it some time, I'm sure we will be informed on time in next 2 weeks.this project has a good team that will deliver. I agree that it has a great team and could be really a proper project, but they should hire some people for telegram if they don't have someone already.It looks really bad when you got to telegram and it's dead Maybe they don't care about telegram now, but they will soon find out how good it is. They have a Telegram channel. Here: https://t.me/cryptosouk_community_en |
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Web design seems a little cheap. They are making it easier for all the users. |
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The only link to something arabic in this project is that it may have some partenership with Kuweitien investors but as you said guys; the team and the whole project is setteled away from arab world (not only the midle east). The description resume the project as an ordinary cryptocurrency exchange without any small part being related to the arab community or the arabic countries developement. If we are wrong, then managers should provide more details about the environment which willing to install their business. Here some other notes: - $11m as a hardcap is a very high budget to reach. - There is no minimum cap (softcap) - 8% from total raised amount reserved for bounties and airdrop which may be considered as special in the ICOs environment but i know this still depends on the Marketing strategy. - This is not the only project made by/for arab world. We can discuss it in comparison with DubaiCoin for example or HalalChain. So no softcap? I guess this team is going strong! People are to impatient in crypto, we got used to get all the information in an instant and we expect projects to develop in a month or two.Just give it some time, I'm sure we will be informed on time in next 2 weeks.this project has a good team that will deliver. I agree that it has a great team and could be really a proper project, but they should hire some people for telegram if they don't have someone already.It looks really bad when you got to telegram and it's dead I agree with you, if no one is employed in telegram, how will someone get detailed information about your project? Patience guys, I'm sure they will hire some people. The project has just started guys, you can visit this link for more information. https://t.me/cryptosouk_community_en |
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Is KYC needed in order to join the sale?
what exactly is KYC? Know your customer or 'KYC' is the process of a business verifying the identity of its clients and assessing potential risks of illegal intentions for the business relationship. Its pretty much standard thing nowdays in crypto. Literaly it means Know Your Customer. It tells something about youtself. KYC is a must for most of ICO's in order for them to see your qualifications on the project. |
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There are various benefits, and to name a few are
* Staking
* Micro-Payments.
What do you consider micro-payments? How are they beneficial? ICE tokens are mined through a new consensus algorithm PROOF-OF-ONLINE, an eco-friendly way which does not require massive hardware investments nor does it pollute the environment, and which takes into account the time spent by users online on websites with Online.io solution implemented. Moreover, internet users that are not website operators are entitled to receive a percentage of all mined ICE tokens only by staking their OIO tokens in a dedicated smart contract. very useful and profitable project to its users and hopefully can continue to be developed in the future projects in order to become a great project. Yes truly helping everyone who uses it! May it be a normal web user or even website operator a 😊 feel Free to join US In our telegram group at https://t.me/OnlineIO |
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I see this project has a very neat arrangement and full of certainty, I see the listing schedule of the coins made sales, hopefully the listing time of the coin prices stable and higher than the price of ICO, where the exchange of this coin?
I don't think this is already available on exchanges. It is not yet available! 😊 feel Free to join our telegram group https://t.me/cryptosouk_community_en |
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Is there any info about when can we expect a wallet for OIO and ICE so we can start staking?
Yes, it will be. Feel free to take a closer look at our roadmap on online.io |
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There are various benefits, and to name a few are
* Staking
* Micro-Payments.
What do you consider micro-payments? How are they beneficial? ICE tokens are mined through a new consensus algorithm PROOF-OF-ONLINE, an eco-friendly way which does not require massive hardware investments nor does it pollute the environment, and which takes into account the time spent by users online on websites with Online.io solution implemented. Moreover, internet users that are not website operators are entitled to receive a percentage of all mined ICE tokens only by staking their OIO tokens in a dedicated smart contract. |
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Is there any info about when can we expect a wallet for OIO and ICE so we can start staking?
Beta will be released in August followed by wallet release in September. 👍 Is it possible to participate in beta for free? There will be a testversion. Have you joined our TG chat? https://t.me/OnlineIO |
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There are various benefits, and to name a few are
* Staking
* Micro-Payments.
What do you consider micro-payments? How are they beneficial? Micro payments have caused quite an uproar in the gaming community. I wonder how it will work in Crypto. Feel free to discuss this with us on our TG chat: https://t.me/OnlineIO |
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the address is very far from the me??? and since this is going to be an exchange, please add the profile links of the team members, they are by no means arabs
