I have a question regrading this Islamic exchange system how you will monitor the source of income of any person. Maybe you post this answer before but hard to browse the whole thread. Only Muslim people will be able to trade there or invest in this project?
Not only Muslims can invest in the project, but at the expense of the flow of people, yes, I agree, you can simply do the verification for everyone It is reasonable to do the fullest possible verification with the mandatory KYC for all. Thus, participants will be protected from possible fraud. yeah, that would be nice.would exclude all scams and honest people would be able to get the most from the project. There are a lot of projects, which are the most common scam, they collect money and everything, nothing else happens, but the adab project is a real exchanger Yeah, it is so. I am afraid of participating in scam and here I see well developed exchange with perfect idea of entering Shariah market.
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The guys from the project should understand that they have a lot of competitors, now there are a lot of exchanges that have taken their places in the market and there is already a long period of time, but the unique thing is that it is for the Muslim people and they have to accept their project, because everything is done for them
Muslims are smart people, they are well aware that the project did not violate the rules of Sharia, and this is very important for them Of course there is no violation at all! I am totally sure that they will suceed and create something valuable. Believe me, it will happen,because I am sure in Adab
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Ok, I see a progress and it seems to me that soon Victorieum will develop a quality product. It will happen for sure!
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I doubt that in such a short time will be able to collect so much money. Investors usually buy large amounts at the beginning of sales because of good bonuses.
And bonus is a huge one! Just imagine, 1 cent for pre-sale compared to 10-20 cents during crowd sale it is a gift! Where are you taking such information? As I know the bonus is only 40% of the main sale price. Look at the beginning of this topic. There is 1 cent+ 40% bonus and next price is 6 cent + 35% bonus. The last price is like 19-20 cents. So here is additional bonus
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I doubt that in such a short time will be able to collect so much money. Investors usually buy large amounts at the beginning of sales because of good bonuses.
And bonus is a huge one! Just imagine, 1 cent for pre-sale compared to 10-20 cents during crowd sale it is a gift!
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@ whitetooQ1: You refer to Adab Solutions as "we". You wrote earlier "We are developing a beta version and submit it in January. Just wait and see everything. It will certainly differ significantly from the MVP." What is your position and what is your work within Adab Solutions? You answered several posts highlighting Shariah so are you Muslim? Do you follow Shariah? Q2: The 3 Team members that the owners from Kazakhstan - what is their full religious denomination? If Sunni which branch? If Shia' which branch? If anything else, which branch? Q3: The multiple aliases flooding this thread - who is the owner and what gain is in it for the flooders? Q4: Why did the Team decide to register in Umm Al Quwain rather than Dubai or Abu Dhabi? Why choose UAE over their native Kazakhstan or Uzbekistan? Q5: Will any/all investors that participate in the ICO have to send ID for KYC/AML? If so, why? Q6: KYC is a sensitive issue for many. If the exchange is active and users sign-up and send KYC ID then which precautions are taken to ensure the ID will not be misused? Q7: Both Md Mofassair Hossain and Kazi Sohel Alom have been removed from the whitepaper and the Team section of the website. What were real full reasons for their removal? Q8: At present there is no exchange, the business is just a company on paper. Adab Solutions are seeking investment. At the ICO and pre-ICO stage they are unable to fully vet investors therefore they might be getting people sending in funds from illicit, illegal and immoral sources such as prostitution. If KYC is being done at ICO an pre-ICO stage then why not ask specifically for an annual tax return and letter of employment with salaries stated? Add to that the checking of all available information about the investor such as FB, Twitter, Insta etc to check to see if they are being honest. This might make investment slightly harder by putting investors off but it will filter out those people that should never invest in a Shariah project. If any project is a standard non-Shariah project then there would be no need to take extra precaution. If a project is based around Shariah then extra precautions must be taken. Please note, the question is specifically about ICO and pre-ICO stage investment when there is no live business or working product (it is not about anybody using services a live exchange provides). I have read what Maxat Salypn wrote in a generic sense but I need to ask for a specific reply: https://bitcointalk.org/index.php?topic=4720775.msg46790691#msg46790691 Q9: Please explain fully why you lied and said I took money from you and said that that I worked for you and was fired by you. I have many questions but have narrowed them down and limited them just to the above. I understand and appreciate some of the questions will take time to answer because you will put them forward to the relevant parties and must wait for their replies. Thank you. I appreciate the false accusations of theft made against me were not from the Team members. It was made by you and an alias (and I am waiting for an explanation why you did it as per Q9). Having said that if Adab Solutions are following Shariah and the answers satisfy, I will gladly remove any posts they ask me to. Furthermore I will gladly put a pro-Adab Solutions signature until their ICO is over. I do not participate in bounties and airdrops so will do it for free providing I receive specific non-generic answers to my questions with Q8 being the most important one. Q1, Q3 & Q9 are specific to you so please reply within 24hrs otherwise post here stating your position. Thank you Thank you for changing the tone of communication. Give me 1-2 days. I will answer your questions here and notify you by the PM that the answers is ready. Q1, Q3 & Q9 are specific to you so please reply within 24hrs otherwise post here stating your position. Thank you
ok. Will answer ASAP looking forward for hearing answers as well! I want everything to be as much transparent as possible. And it will be a positive step if you satisfy him with answers
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decentralized exchanges can leaf through the project without his knowledge.not good either.
Not all investors are aware of this. And for them it becomes a surprise that the token can already be bought or sold. What do you mean? Pre sale investors will sell their tokens on etherdelta, right? I think team will lock tokens till CEX listing
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I have not seen in this advertisement any information regarding Victorieum. Is it wrong video or you just mixed some projects?
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I think I started to believe what you said, because the team did not give an answer or response to the statement you said. if this project is not a Scamm, the team should respond to your statement, but there is no firm response here
Hello. If you read this thread more carefully, you will see that we have already answered all of his statements. This man worked with us. He took the money, but didn't do the work. We fired him. Now he is trying to revenge. But he will fail. He has no real evidence. Only theory. Answers to 90% of his questions can be found in White Paper. What is there to talk about? The man didn't even open the white paper, the financial forecast ... We decided not to pay attention to this abnormal anymore. Thank you for your question. with best regards I would like to show everybody the reason why JollyGood is posting here. Here is an explanation. So just don't pay attention to this fired emloyee Now everything is clear. I had 2 options, that he was either just a religious fanatic or a former employee of the project, who for some reason had left and was now embittered at the team. I am also agree with you, he is just thinking about fraudulent activities and he is sad to be fired, so it is hard for him to accept that he isn't part of project anymore
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Anyway I am interested in their service and will be glad seeing raised funds by the end of tokensale. Then product will be developed smoothly!
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I would say that Adab is a new generation exchange, thanks to this exchange more muslims will get an access to crypto currency!
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Don't hesitate suggesting more ways for development for this company. I believe community should suggest ideas and help to their project with fresh ideas!
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Why do you think that they need own money to build exchange? They are launching ICO to raise money for their idea, it doesn't imply that they should invest own money.
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Now is a very difficult time to launch new crypto projects. Almost all projects collect negligible amounts, since crypto investors are depressed.
Therefore, they need to be sure that their exchange will be popular in the future. Otherwise, the ICO-campaign will give nothing. Of course, every project needs good marketing, especially crypto exchanges. Of course ADAB knows what they do. Do you think so? adab needs to promote their exchange in UAE and other rich countries. Only in this case they will get interested and loyal clients
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Looking forward seeing soft cap reached. This will makes me patient and I will be more sure in product development of this project. Also what about partners? It is important
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Guys, you have a great vision in future of finance market, many feature should be added and a big industry should be transferred to crypto sphere
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I am also a fan of crypto backed loans, I've never tried to take them, but I have made a research on a lot of existing loan platforms. Each of them has both advantages and disadvantages
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So what Adab has potential investors who believes in idea and they don't look at scam accusations. i bet there were such haters at the moment of Ethereum creation.
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JollyGood , I don't care what you're saying, I have nothing common with adab, I just got that information from chatting and bitcointalk. And I still didn't see your explanation for being adab fired community manager.
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It is a strong result! It seems to me that they are going to achieve all goals. After raising soft cap more investors will be interested in their activity!
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