💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰

[El Topo]

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.

Ok great,gonna check it a bit more then.

[EmNg]

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?

Sure for different activities

[midjimidji]

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

Ok so in short, all sorts of trades

[switchtbit]

Will you have exchange machines also?

[opeghkil]

Will you have exchange machines also?

You mean like ATM's?

[switchtbit]

Will you have exchange machines also?

You mean like ATM's?

Yes something like that.

[dangerboy69]

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

Thank you!

Yes thank you very much!

[MaZeeCM]

Will you have exchange machines also?

You mean like ATM's?

Yes something like that.

Not in the pipeline, but we will take it as a feedback. Thanks

[Vindizzle]

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.

This a good indicator that team knows how to handle and exchange by using the proven path and giving great incentives for end user while simultaneously ensuring that SOUK will keep it's value on market.

[El Topo]

Crypto Exchange is getting launched in the Middle East but we will be catering the needs of all crypto lovers.

Regards
MaZeeCM

Great,you gotta aim worldwide when it comes to exchanges!

[Crazy_Heart]

Do you have bounty campaign going on?

[Ridethewave]

Will you have exchange machines also?

You mean like ATM's?

Yes something like that.

Not in the pipeline, but we will take it as a feedback. Thanks

Would be really nice, I see a lot of it starting to pop around in general.

[Blackladder]

What is the amount or percentage of funds from ICO that will be allocated for advertising and marketing?

[Avdogado]

Great project and very experienced team made me like CryptoSouk immediately! What is minimum to join the ICO and when does it start?

[KureBabino]

CRYPTOSOUK is a nice new project bringing an exchange to a middle east which is still uncontested market when it comes to exchanges and that is quite promising with a lot of money concentrated there.Will it be based in middle east specifically?

[MaZeeCM]

What is the amount or percentage of funds from ICO that will be allocated for advertising and marketing?

20% of the proceeds will be used for marketing/community

[MaZeeCM]

Do you have bounty campaign going on?

Yes, we have...You can join here for more details: https://t.me/CSBounty

[Gwiazdooka]

What is the amount or percentage of funds from ICO that will be allocated for advertising and marketing?

This is  funds allocation breakdown:

Legal and Licensing-40%
Product Development-25%
Market Liquidity-15%
Marketing/Community-20%

Reasonable fund allocation i would say.

[MaZeeCM]

This is exactly we have planned it.

[SRBYN]

I see that presale goes live in less than 5 hours.Will you have live update with the amount raised?