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Author Topic: 💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰  (Read 29609 times)
rembit77
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July 05, 2018, 04:50:47 PM
 #261

in the middle east people are very religious and governments are not the most democratic. you are not afraid at some point to learn that such a trade and platform against the law of the sharia goes? because the court will not stand up to your side if the sheiks and rulers are against you.

There has been a lot of divergence in the Middle East from this view point. Some countries have outright banned it under the religious pretext (i.e. Egypt and Algeria) some initially banned it then reversed course (i.e. Saudi Arabia). Others have no guidance whatsoever (i.e. Kuwait) and some are more positive and friendly (i.e. Abu Dhabi) but trying to implement hopefulle a practical regulatory framework for the crypto space.

All in all, there is no religious basis for crypto currencies/tokens to be banned. It is mainly FUD combined with incumbents, governments and rulers being afraid of what they dont understand. The blotted history of BTC also plays a role in spreading incorrect info.

As Cryptosouk, one of our missions is to educate and simplify access to this space while attempting to guide regional incumbents with accurate information.

i can watch you at the end and get it if you do it right. the main thing is not to raise your hands and do what you need and then there will be success in everything. at the expense of the government like laws everything changes.
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SamEmpori
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July 05, 2018, 08:44:49 PM
 #262

The project is really good. The roadmap is fantastic. The team is also nice. What is the token price?

Thank you for those wonderful comments! Token price for Main Sale - $0.50
And the price for pre sale?

As stated in the whitepaper, it's at $0.35. Please don't forget to do your due diligence, and check out the Whitepaper

Do you eventually plan on spreading to other regions other than the middle east?

With the team's expertise in the midde-east, they see value in offering a high standards exchange platform in this region as an entry point to build the business. However this approach doesn't limit itself to just the middle-east, and will help CryptoSouk to help grow into other regions as well.
james7854
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July 05, 2018, 08:49:03 PM
 #263

The project is really good. The roadmap is fantastic. The team is also nice. What is the token price?

Thank you for those wonderful comments! Token price for Main Sale - $0.50
And the price for pre sale?

I think price for presale was few post before.
sexymadafaka
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July 05, 2018, 08:51:42 PM
 #264

When you say middle east, what do you mean by it?

Will you have some special benefits for the middle east?
killer9966
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July 05, 2018, 08:52:51 PM
 #265

The project is really good. The roadmap is fantastic. The team is also nice. What is the token price?

Thank you for those wonderful comments! Token price for Main Sale - $0.50
And the price for pre sale?

As stated in the whitepaper, it's at $0.35. Please don't forget to do your due diligence, and check out the Whitepaper

Do you eventually plan on spreading to other regions other than the middle east?

With the team's expertise in the midde-east, they see value in offering a high standards exchange platform in this region as an entry point to build the business. However this approach doesn't limit itself to just the middle-east, and will help CryptoSouk to help grow into other regions as well.

That is good to hear!
djuro74556
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July 05, 2018, 08:53:50 PM
 #266

If this is for middle east only, could people from other countries even join?

Im sure eveyrone will be able to use the exchange

Yeah, I don't have any doubts also.
FrankDTank
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July 05, 2018, 08:55:16 PM
 #267

When you say middle east, what do you mean by it?

Will you have some special benefits for the middle east?

I think that headquarters will be there and thats it,of course they will aim worldwide,
BigcountryRoy
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July 05, 2018, 08:59:08 PM
 #268

When you say middle east, what do you mean by it?

Will you have some special benefits for the middle east?

I think that headquarters will be there and thats it,of course they will aim worldwide,

Most likely just a targeted market to start from.
buraz
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July 05, 2018, 09:01:20 PM
 #269

When you say middle east, what do you mean by it?

Will you have some special benefits for the middle east?

I think that headquarters will be there and thats it,of course they will aim worldwide,

Yeah there will probably be a lot of regional offices.
Ridethewave
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July 05, 2018, 09:07:19 PM
 #270

The project is really good. The roadmap is fantastic. The team is also nice. What is the token price?

Thank you for those wonderful comments! Token price for Main Sale - $0.50
And the price for pre sale?

As stated in the whitepaper, it's at $0.35. Please don't forget to do your due diligence, and check out the Whitepaper

Do you eventually plan on spreading to other regions other than the middle east?

With the team's expertise in the midde-east, they see value in offering a high standards exchange platform in this region as an entry point to build the business. However this approach doesn't limit itself to just the middle-east, and will help CryptoSouk to help grow into other regions as well.

It is a good place to start from there as there is not much competition if any at all.
Blackladder
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July 05, 2018, 09:10:25 PM
 #271

The project is really good. The roadmap is fantastic. The team is also nice. What is the token price?

Thank you for those wonderful comments! Token price for Main Sale - $0.50
And the price for pre sale?

As stated in the whitepaper, it's at $0.35. Please don't forget to do your due diligence, and check out the Whitepaper

Do you eventually plan on spreading to other regions other than the middle east?

With the team's expertise in the midde-east, they see value in offering a high standards exchange platform in this region as an entry point to build the business. However this approach doesn't limit itself to just the middle-east, and will help CryptoSouk to help grow into other regions as well.

It is a good place to start from there as there is not much competition if any at all.

No competition and a lot of money in that region waiting for something new to play with Cheesy
Inmytree
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July 05, 2018, 09:17:49 PM
 #272

When you say middle east, what do you mean by it?

Will you have some special benefits for the middle east?

I think that headquarters will be there and thats it,of course they will aim worldwide,

Yeah there will probably be a lot of regional offices.

Having a lot of offices these days is impractical and it raises the cost of running the business.Most companies are switching to have online teams working from home and for crypto this should be a norm.It offers much more advantages then having multiple offices all over the place.
Mladiornitolog
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July 05, 2018, 09:41:40 PM
 #273

What will be the price of 1 SOUK during presale?

during the pre-sale the price will be $0.375, meaning a 25% discount. you can find more in the WP page13 : https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf

Pretty high starting price.

It is not that high if you think about it.This is an exchange and those tokens always have a solid value.
El Topo
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July 06, 2018, 06:58:08 AM
 #274

Do you have any big partners/investors lined up?
Kutuzov44
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July 06, 2018, 07:42:36 AM
 #275

What will be the main purpose of your SOUK token?
MaZeeCM
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July 06, 2018, 07:53:26 AM
 #276

Do you have any big partners/investors lined up?


Of course, we have a joint Venture with Kuwait Partners, you can find more about it in the WP : https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf page 8. For other partnerships, we will update you through our telegram channel and other social media channels.
MaZeeCM
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July 06, 2018, 07:54:43 AM
 #277

What will be the main purpose of your SOUK token?

Tokens will be utilized in three primary ways:
1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at
least 30%. We reserve the right to create special promotions and windows where token
discounts on fees will be higher for a period of time, but they will always be worth a
discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an
additional discount applied to the general fee discount.
2. Tokens will be the method of payment for the listing of new asset pairs from projects that
also meet our diligence review for soundness.
3. The company will, after $1,000,000.00 in initial profit as calculated under standard IFRS
rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn
SOUK tokens from the market in the current quarter. The company has the right to
purchase tokens before the $1 million milestone and can, at its option, acquire more
than the required 20% in any given quarter at its sole election. The company will
continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens.
However, the company, at its sole discretion, can re-acquire and burn all 56 million
tokens originally issued.
sshiddiq67
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July 06, 2018, 01:44:07 PM
 #278

CRYPTOSOUK, offers the best digital asset exchange focusing on the needs of novice traders, professional traders, and digital currency experts.
MaZeeCM
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July 06, 2018, 02:52:57 PM
 #279

CRYPTOSOUK, offers the best digital asset exchange focusing on the needs of novice traders, professional traders, and digital currency experts.

Thank you!
FrankDTank
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July 06, 2018, 04:57:35 PM
 #280

What will be the main purpose of your SOUK token?

Tokens will be utilized in three primary ways:
1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at
least 30%. We reserve the right to create special promotions and windows where token
discounts on fees will be higher for a period of time, but they will always be worth a
discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an
additional discount applied to the general fee discount.
2. Tokens will be the method of payment for the listing of new asset pairs from projects that
also meet our diligence review for soundness.
3. The company will, after $1,000,000.00 in initial profit as calculated under standard IFRS
rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn
SOUK tokens from the market in the current quarter. The company has the right to
purchase tokens before the $1 million milestone and can, at its option, acquire more
than the required 20% in any given quarter at its sole election. The company will
continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens.
However, the company, at its sole discretion, can re-acquire and burn all 56 million
tokens originally issued.


They will be only usable on cryptosouk exchange?
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