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[nixon99]

Now bitcoin price is falling again.

Exactly, and the whole market is following a downward trend. In such conditions, it’s better to raise at least the soft cap and in short term to implement the first service package and the basis for our ecosystem.

[Lukas Tarantas]

The ultimate goal in your roadmap is “Launch of a universal trading platform bringing together traditional financial markets and cryptocurrency markets in one place”. This will be in the first quarter of 2020. That is, after ICO you will have maximum a year and a half to implement plans. Aren’t you too optimistic?

[nixon99]

The ultimate goal in your roadmap is “Launch of a universal trading platform bringing together traditional financial markets and cryptocurrency markets in one place”. This will be in the first quarter of 2020. That is, after ICO you will have maximum a year and a half to implement plans. Aren’t you too optimistic?

We have reasons for optimism - the software core of crypto exchange and Azbit payment system is almost ready. With trading experience in the Forex market we have a good understanding of working with the declared trading and investment functionality (SAMM, RAMM).

[KaramazovBro]

What if the legislation changes and it would be impossible to achieve the goals you have set due to legal restrictions?

[nixon99]

What if the legislation changes and it would be impossible to achieve the goals you have set due to legal restrictions?

We keep monitoring the situation with EU legislation since Azbit Ltd is registered in the EU. There is no indication that the activities of the Azbit ecosystem may be in conflict with EU or U.S. laws. Let us recall that we rely on the transparency and legality of our ecosystem and its compliance with all the regulatory requirements.

[KaramazovBro]

So there’s nothing to do for anonymity fans on your platform?

[nixon99]

So there’s nothing to do for anonymity fans on your platform?

It depends on what kind of anonymity you’re talking about. Azbit ecosystem will comply with all KYC and AML rules. All private personal and financial data of our users will be protected from disclosure and illegal use in accordance with EU law.

[Lukas Tarantas]

EU financial regulators are not very loyal to cryptocurrencies, right?

[nixon99]

EU financial regulators are not very loyal to cryptocurrencies, right?

Why do you think so? Yes, Europol is concerned about money laundering through cryptocurrencies and their use in criminal activities. But regulators have no claims against the conscientious clients who trade cryptocurrencies on legal platforms. Chain Accelerator has recently been launched in France, in Malta pro-blockchain laws have been adopted, so Binance and OKEx exchanges are planning to operate there. Just this week CoinDeal crypto exchange sponsored the English Premier League team – Wolverhampton Wanderers. Cryptocurrencies are becoming a part of everyday life.

[Lukas Tarantas]

Ok, I do not know how it’s in Europe, but in the US the SEC put pressure on all ICOs.

[nixon99]

Ok, I do not know how it’s in Europe, but in the US the SEC put pressure on all ICOs.

We have a different view. The SEC punishes those ICOs (unfortunately, the majority) which do not comply with the rules for working with crypto assets. Such ICOs issue utility tokens, and then trade them as securities. The SEC punishes these fraud schemes. Azbit originally relies on the legality of the work. We are negotiating with the SEC over the official registration of our AZS security tokens.

[antoclaus]

Hello! I have question. Is KYC required for your project?

[nixon99]

Hello! I have question. Is KYC required for your project?

Hello! If you wish to purchase tokens, you need to pass KYC. Passing of identity verification is already open and available until the end of the ICO.

[antoclaus]

Hello! I have question. Is KYC required for your project?

Hello! If you wish to purchase tokens, you need to pass KYC. Passing of identity verification is already open and available until the end of the ICO.

Should I pass KYC to participate in your bounty campaign?

[akerner]

In fact, a promising project.
Although there are many similar projects that were scams.
It's good that you guys already have MVP. For me - this is one of the most important factors of participation in ICO.

[akerner]

Btw does anyone here know what type of wallet I should use to hold your tokens?

[doronine]

Btw does anyone here know what type of wallet I should use to hold your tokens?

AZ is an erc20 token, so MetaMask is a great choice. I personally use it and never had any problems. It's very simple and convenient.

But if you want more security, consider buying a hardware wallet.

[nixon99]

Hello! I have question. Is KYC required for your project?

Hello! If you wish to purchase tokens, you need to pass KYC. Passing of identity verification is already open and available until the end of the ICO.

Should I pass KYC to participate in your bounty campaign?

Participants dont need to pass KYC to participate in the bounty campaign and to receive the bounty award.

[antoclaus]

Btw does anyone here know what type of wallet I should use to hold your tokens?

AZ is an erc20 token, so MetaMask is a great choice. I personally use it and never had any problems. It's very simple and convenient.

But if you want more security, consider buying a hardware wallet.

Actually hardware wallets dont support every erc-20 token, only a number of listed ones. You still need to use MyEtherWallet, for fresh ICO tokens.

[antoclaus]

In fact, a promising project.
Although there are many similar projects that were scams.
It's good that you guys already have MVP. For me - this is one of the most important factors of participation in ICO.

Yes, that's very good. And that's a very impresive MVP also. It is actually fully working exchange! Most projects just write two lines of code and then proudly declare that they have "MVP"  .