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Author Topic: 💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰  (Read 29609 times)
not4mike
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August 19, 2018, 02:30:10 AM
 #1121

Since CryptoSouk soft cap is set as reasonable 1 million USD,i believe they wont have many issues reaching that.

Isn't soft cap already reached?


Hey guys, you can always check the status of the Pre-Sale here on this link: https://cryptosouk.io/en/ico#token-distribution  Wink

Also, to answer your question, please refer to the copy-pasted info (below) from the link I've provided (above).

PRE-SALE HAS STARTED
CONTRIBUTION ENDS IN: DAYS 18, HOURS 2, MINUTES 34, SECONDS 52  (this was the time when I copy-pasted)

TOKEN RAISED UP TO NOW: 284.500k

HARD CAP: $11M ( 26M Tokens )

SOFT CAP: $1M

Cheers! Grin
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not4mike
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August 19, 2018, 02:42:52 AM
 #1122

What will happen in case you dont reach soft cap?Do you have "plan B"?

If the tokens are not sold the team can buy back and burn all the 52M tokens and continue with the development of the project

Would you buy back with the pre-sale price or with the main sale price? And how will you continue the developement of the project without funding?

Don't quote me on this, but common sense usually dictates that a buy back is tantamount to a refund, so possibly (for the worst case scenario that you might be worried about), it is what it is. Wink

I hope that somehow answers your question! Grin
not4mike
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August 19, 2018, 02:47:37 AM
 #1123

Since CryptoSouk soft cap is set as reasonable 1 million USD,i believe they wont have many issues reaching that.


I totally agree and sincerely believe so too! Smiley
Fekete
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August 19, 2018, 03:20:17 AM
 #1124

When will the tokens from bounty campaign be available for me?
adstable356
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August 19, 2018, 03:21:48 AM
 #1125

The project is quite amazing !!!
I think it will more developed !!!!
not4mike
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August 19, 2018, 03:25:58 AM
 #1126

When will the tokens from bounty campaign be available for me?

Usually, bounty campaigns distribute the tokens once ICO has finished. Wink

For bounty related concerns please join and refer to the following links:

https://t.me/CSBounty.👍

https://bitcointalk.org/index.php?topic=4567847.0

You may also look for the bounty manager in the group @CSBounty👌

Cheers! Grin
HiLander
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August 19, 2018, 03:33:40 AM
 #1127

What will happen in case you dont reach soft cap?Do you have "plan B"?

If the tokens are not sold the team can buy back and burn all the 52M tokens and continue with the development of the project

Would you buy back with the pre-sale price or with the main sale price? And how will you continue the developement of the project without funding?

Don't quote me on this, but common sense usually dictates that a buy back is tantamount to a refund, so possibly (for the worst case scenario that you might be worried about), it is what it is. Wink

I hope that somehow answers your question! Grin

What do you guys talk about when you say no funding?There will be income from fees and similar things.
HakiMikkinen
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August 19, 2018, 03:50:26 AM
 #1128

When will the tokens from bounty campaign be available for me?

Usually, bounty campaigns distribute the tokens once ICO has finished. Wink

For bounty related concerns please join and refer to the following links:

https://t.me/CSBounty.👍

https://bitcointalk.org/index.php?topic=4567847.0

You may also look for the bounty manager in the group @CSBounty👌

Cheers! Grin

Thank you I was just about to ask you for the same info  Grin
not4mike
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August 19, 2018, 03:53:13 AM
Last edit: August 19, 2018, 04:03:58 AM by not4mike
 #1129

What will happen in case you dont reach soft cap?Do you have "plan B"?

If the tokens are not sold the team can buy back and burn all the 52M tokens and continue with the development of the project

Would you buy back with the pre-sale price or with the main sale price? And how will you continue the developement of the project without funding?

Don't quote me on this, but common sense usually dictates that a buy back is tantamount to a refund, so possibly (for the worst case scenario that you might be worried about), it is what it is. Wink

I hope that somehow answers your question! Grin

What do you guys talk about when you say no funding?There will be income from fees and similar things.

Well, you know how it is sometimes! Grin

Some like to talk about &/or discuss the negatives for some reason, rather than the positives. Roll Eyes Different strokes for different folks, I guess.  Cool

Either way, it is what it is, you know! Smiley
not4mike
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August 19, 2018, 03:58:41 AM
 #1130

When will the tokens from bounty campaign be available for me?

Usually, bounty campaigns distribute the tokens once ICO has finished. Wink

For bounty related concerns please join and refer to the following links:

https://t.me/CSBounty.👍

https://bitcointalk.org/index.php?topic=4567847.0

You may also look for the bounty manager in the group @CSBounty👌

Cheers! Grin

Thank you I was just about to ask you for the same info  Grin

Haha.. so, I read your mind perhaps? Shocked Hehe..

I'm just glad that I was able to help you out, you're very welcome!  Cool

Again, cheers!  Grin
KimiNonaWa
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August 19, 2018, 04:13:09 AM
 #1131

Since CryptoSouk soft cap is set as reasonable 1 million USD,i believe they wont have many issues reaching that.


I totally agree and sincerely believe so too! Smiley

Is 1 million enough for you to complete Cryptosouk? Or you would need more funding?
Dzefa
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August 19, 2018, 04:16:34 AM
 #1132

Can I buy SOUK with credit card?

For Fiat, only wire transfer is allowed. Credit cards aren't allowed for ICO.

What is the reason for that?Why credit cards are not allowed?

Credit cards are usually not good, because you can ask for chargeback even 120 days after the purchase.

So does that mean that someone could like buy tons of tokens, get them and then cancel the purchase?  Shocked
sacskate
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August 19, 2018, 04:26:29 AM
 #1133

we have a real problem of buying crypto here in middle east i hope that project can help . especially if integrated with local payment methods which i hope to make partnership with
Inmytree
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August 19, 2018, 04:39:40 AM
 #1134

Is it true that Saudi Arabia completely banned crypto currencies in their country?
not4mike
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August 19, 2018, 04:40:22 AM
 #1135

Can I buy SOUK with credit card?

For Fiat, only wire transfer is allowed. Credit cards aren't allowed for ICO.

What is the reason for that?Why credit cards are not allowed?

Credit cards are usually not good, because you can ask for chargeback even 120 days after the purchase.

So does that mean that someone could like buy tons of tokens, get them and then cancel the purchase?  Shocked

Yes, that is a possibility indeed. And that's why perhaps it isn't allowed, just to avoid issues or problems with this type of payment option altogether! Cool
Klackalica
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August 19, 2018, 04:47:11 AM
 #1136

Is it true that Saudi Arabia completely banned crypto currencies in their country?

Yeah I have been reading about it too and it is true.They want to protect their gold it seems and block crypto from getting in there at all.
Charuga
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August 19, 2018, 05:05:42 AM
 #1137

Is Souk a security token?Is that why people from US can't buy it?
HulioIglesias
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August 19, 2018, 05:25:24 AM
 #1138

Is Souk a security token?Is that why people from US can't buy it?

No, Souk is utility token.People from US can't participate in ICO, but they will be able to buy it later on exchange.
ChewBubblegum
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August 19, 2018, 05:39:34 AM
 #1139

Is Souk a security token?Is that why people from US can't buy it?

No, Souk is utility token.People from US can't participate in ICO, but they will be able to buy it later on exchange.

Why people from US can't buy during the sale?
Samson_bbl
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August 19, 2018, 07:10:42 AM
 #1140

Are you going to offer bonuses to people for referring other people to use CryptoSouk?
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