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Adab Haraam exchange = scam
Just think about it for a moment. If the Adab Team cannot check the "purity of the source of the money" that investors send, or if the Adab Team cannot check the "moral standing of each investor" then they can continue to create their exchange but they should remove the word "Shariah".
Would you invest in an ICO for a Vegan cake baking company called "Vegan Cakes For All"? Sure why not if it is a good investment?
But if that "Vegan Cakes For All" company was using using cows milk in all of its Sponge Cake products and using pork fat in all of its Carrot Cake products then how can that company called itself "Vegan Cakes For All"? If they want to trade then remove the word "Vegan" and call yourself "Cakes For All" because they are lying and misleading and scamming therefore are thieves.
The moment they drop the word "Vegan" they seize being lying, misleading, scammers and thieves and become a legitimate business.
I hope you like the vegan-shariah analogy
This project will not be successful long term because the team behind it are inexperienced and out of their depth otherwise they would never have lied about it being Shariah compliant.
This project and thread is overrun with fake bounty managers such as 520bit AND whitetoo and Russian ROYALTEAM are using multiple accounts to flood threads to generate fake buzz and hype to impress gullible people and newbies hoping to fool them in to getting involved with the Adab Haraam exchange projects.
Adab Haraam exchange = scam
Just think about it for a moment. If the Adab Team cannot check the "purity of the source of the money" that investors send, or if the Adab Team cannot check the "moral standing of each investor" then they can continue to create their exchange but they should remove the word "Shariah".
Would you invest in an ICO for a Vegan cake baking company called "Vegan Cakes For All"? Sure why not if it is a good investment?
But if that "Vegan Cakes For All" company was using using cows milk in all of its Sponge Cake products and using pork fat in all of its Carrot Cake products then how can that company called itself "Vegan Cakes For All"? If they want to trade then remove the word "Vegan" and call yourself "Cakes For All" because they are lying and misleading and scamming therefore are thieves.
The moment they drop the word "Vegan" they seize being lying, misleading, scammers and thieves and become a legitimate business.
I hope you like the vegan-shariah analogy
This project will not be successful long term because the team behind it are inexperienced and out of their depth otherwise they would never have lied about it being Shariah compliant.
This project and thread is overrun with fake bounty managers such as 520bit AND whitetoo and Russian ROYALTEAM are using multiple accounts to flood threads to generate fake buzz and hype to impress gullible people and newbies hoping to fool them in to getting involved with the Adab Haraam exchange projects.
hello. I saw your post. I agree with you. If the project doesn't comply with the laws of Shariah, then this is a scam.
For Muslims transparency is very important.
I saw the news that ADAB has collected softcap, but why there is no reference to a smart contract anywhere?
Thank you for your excellent post.
You are very much correct, if the title of the project is "First Islamic Crypto Exchange, based on the Shariah norms" but it does not comply with Shariah, then it is a scam.
You are right, for any religious person following any religion transparency is essential. In this case transparency has been cloaked by Russian bounty scammers 520bit, whitetoo and RoyalTeam using sock-puppet aliases to pump this thread with nonsensical incoherent posts to claim there is hype and buzz but it is all fake. Add to that the OP playing a game of being piggy in the middle instead of the 3 Kazakh team leaders coming here and posting themselves.
Regarding the soft-cap. It is all a mystery. People have been asking for details about the investors of the soft-cap and the smart contract details but the Adab Haraam scammers headed by the 3 Kazakh team leaders are not forthcoming with any information.
I have an interesting fact about this project. I want to discuss with you. look at your private messages.
