nixon99 (OP)
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June 11, 2018, 03:13:59 PM |
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So, you’re dealing with SEC?
Yep, there is a possibility that we will go the SEC Regulation D. By now we are regulated by European Union laws and only accept non-US residents
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nixon99 (OP)
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June 11, 2018, 03:15:21 PM |
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What are forex traders seeking on the crypto exchange?
Forex trading and trading cryptocurrency have a lot in common. In addition, there are not only forex traders in our team. We already have MVP - Bitsane crypto-exchange, which has been operating since 2016 - 230 thousand customers. But first and foremost we want to implement investment and trading tools, which have already been tested in FX trading: RAMM, SAMM and others.
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thedarkk
Member
Offline
Activity: 182
Merit: 10
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June 11, 2018, 03:24:09 PM |
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I'm interested in the idea of the ecosystem, but the final opinion formed after the Pre-ICO stage. I read your whitepaper and it seems to me that the project is for pros.
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KTChampions
Legendary
Online
Activity: 2506
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
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June 11, 2018, 05:41:45 PM |
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And what do other traders seek there? New opportunities and profit)
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Boristhecat
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June 11, 2018, 05:46:45 PM |
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So your tokens are registered in Estonia?
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Boristhecat
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June 11, 2018, 05:49:09 PM |
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43 mln $ hard cap I think it is a little bit higher for your project.
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SirgulioB
Full Member
Offline
Activity: 477
Merit: 102
Radix-The Decentralized Finance Protocol
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June 11, 2018, 05:51:12 PM |
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43 mln $ hard cap I think it is a little bit higher for your project. On the contrary, this isn’t enough to realize everything they announced. Bankera collected 150 million, and it wasn't an ecosystem, it was just the Bank. By the way, they are neighbors with Azbit, Bankera is a Lithuanian project, and Azbit - Estonian.
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nixon99 (OP)
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June 11, 2018, 07:46:46 PM |
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So your tokens are registered in Estonia?
Estonia will be the base for AZ utility token. AZS security token will be implemented on the basis of the fund in Switzerland, we’re working to obtain registration from the SEC in the US on our security token as well
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nixon99 (OP)
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June 11, 2018, 07:48:35 PM |
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43 mln $ hard cap I think it is a little bit higher for your project. A significant amount of collected funds (25%) will be used for ensuring liquid trade. Ensuring sufficient liquidity is a condition for exchanges and the ecosystem efficient functioning. 15% will be used to guarantee the authorized capital and deposits, another 10% - in reserve. In fact, we set quite modest requirements for the investments. At the same time, even with a failure and uncollected soft-cap, we will still launch the first scheduled Azbit Global cryptocurrency exchange and the payment system - they are almost ready.
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contactmike1
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June 12, 2018, 10:20:31 AM |
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So explain, please - if you don’t collect soft-cap, will you return money to investors? Do you have a smart contract for this, is it published on GitHub?
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Pay4youractivity
Member
Offline
Activity: 336
Merit: 10
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June 12, 2018, 10:24:57 AM |
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Your own bank for cryptocurrency payments? Really?!
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Holopopstyir
Member
Offline
Activity: 350
Merit: 11
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June 12, 2018, 10:34:49 AM |
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And what do other traders seek there? New opportunities and profit)
Yes, how real does it seem??
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Alex077
Legendary
Offline
Activity: 3836
Merit: 1209
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June 12, 2018, 10:44:43 AM |
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And what are the guarantees that Azbit will actually pay the percentage of profit to investors? In general, what responsibilities does the company have?
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nixon99 (OP)
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June 12, 2018, 10:45:24 AM |
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So explain, please - if you don’t collect soft-cap, will you return money to investors? Do you have a smart contract for this, is it published on GitHub?
Originally, for a number of reasons, we didn’t plan to write a single smart contract. But following the results of communication with users and advisors, we’ve decided to create it after all - it will be published on GitHub.
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nixon99 (OP)
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June 12, 2018, 10:47:14 AM |
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And what do other traders seek there? New opportunities and profit)
Yes, how real does it seem?? This is serious and real. With the experience on the forex market and Bitsane crypto exchange, we’re fully acquainted with the "banks / crypto platforms" interface problems. We want to create our own bank, which will clearly and strictly follow all legislative procedures, without breaking the law. And at the same time meet the needs of the cryptocurrency industry. We’re planning to register the banking license in Luxembourg.
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nixon99 (OP)
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June 12, 2018, 10:47:59 AM |
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And what are the guarantees that Azbit will actually pay the percentage of profit to investors? In general, what responsibilities does the company have?
Azbit Limited and its management are financial liable under the laws of Estonia and the European Union.
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Alex077
Legendary
Offline
Activity: 3836
Merit: 1209
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June 12, 2018, 11:07:16 AM |
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And what are the guarantees that Azbit will actually pay the percentage of profit to investors? In general, what responsibilities does the company have?
Azbit Limited and its management are financial liable under the laws of Estonia and the European Union. How can I check this? Which law firm provides legal services for you?
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nixon99 (OP)
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June 12, 2018, 11:11:01 AM |
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And what are the guarantees that Azbit will actually pay the percentage of profit to investors? In general, what responsibilities does the company have?
Azbit Limited and its management are financial liable under the laws of Estonia and the European Union. How can I check this? Which law firm provides legal services for you? Our law firm - Law & Trust International - https://lawstrust.com/. You can contact them and they will confirm it.
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Sartrute
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June 12, 2018, 12:13:52 PM |
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Hello, Azbit, you’re planning to create a financial ecosystem - your own bank, wallets, etc. But you set only $ 10 million for soft-cap, I mean that’s a pretty little.
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SirgulioB
Full Member
Offline
Activity: 477
Merit: 102
Radix-The Decentralized Finance Protocol
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June 12, 2018, 12:25:52 PM |
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43 mln $ hard cap I think it is a little bit higher for your project. A significant amount of collected funds (25%) will be used for ensuring liquid trade. Ensuring sufficient liquidity is a condition for exchanges and the ecosystem efficient functioning. 15% will be used to guarantee the authorized capital and deposits, another 10% - in reserve. In fact, we set quite modest requirements for the investments. At the same time, even with a failure and uncollected soft-cap, we will still launch the first scheduled Azbit Global cryptocurrency exchange and the payment system - they are almost ready. Are you planning to develop your ecosystem even with uncollected soft cap?
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