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Author Topic: 💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰  (Read 29673 times)
MaZeeCM
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August 07, 2018, 02:16:44 AM
 #881

Can you share token metrics please?

There will be 52,000,000 SOUK tokens created @ $0.50 each. Assuming the Hard Cap
is reached, the token distribution shall occur as per below:


50% for Public
20% for Initial Investors and Team
20%for Company Reserve
5% for Bounty
1% for Airdrop
4% for Advisors
Pre-Sale
$0.375 (25% discount)
Main Sale
$0.50
Hard Cap @ $11M

What does this 20%for Company Reserve actually stand for?What will those be eventually used for?

It could be used for improvement and updates or rewards for the team if I am not mistaken 😊
MaZeeCM
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August 07, 2018, 02:20:26 AM
 #882

Someone from the team should check this website:

https://cryptosouk.exchange/#features

I noticed that website is not working at all in some browsers, that should be fixed.

I have forwarded your concern to the team! Thank you! 😁
BlackMoon25
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August 07, 2018, 02:20:52 AM
 #883

What is your Monetary Policy? Does your coin have a fixed supply forever or additional tokens can be issued later?

Do you have any policy on using the profit to buy back your coin from users like BNB?
MaZeeCM
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August 07, 2018, 02:24:18 AM
 #884

I heard that trading is limited to middle east only, Is that true?

Middle East is initial target market due to team's exposure and experience yet the platform is open to all regions

Makes sense not to try and hit all the markets at once because that could exhaust the team resources. This is a better strategy.

Yes, you gotta expand step by step,no need to push it hard and possibly endanger the whole project.

Wait, is trading limited to middle east only now, or will be even when project launches completely too?

Of course not, it would be crazy thing to do. They aim to cover all regions.

Cool I was already starting to think that lots of people will be quite disappointed.

Step by step to ensure we have everything going smoothly before going into other regions 😁
HiLander
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August 07, 2018, 02:29:33 AM
 #885

Someone from the team should check this website:

https://cryptosouk.exchange/#features

I noticed that website is not working at all in some browsers, that should be fixed.

I have forwarded your concern to the team! Thank you! 😁

I have those problems, to be more precise it does not load for me in Brave browser, most likely issues with Google Widevine and flash.
MaZeeCM
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August 07, 2018, 02:31:33 AM
 #886

What is your Monetary Policy? Does your coin have a fixed supply forever or additional tokens can be issued later?

Do you have any policy on using the profit to buy back your coin from users like BNB?


unsold tokens are burned for the 50% allocated to the public.

They can choose to burn or buyback tokens as well

52 million souk tokens in total supply
MaZeeCM
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August 07, 2018, 02:36:16 AM
 #887

Someone from the team should check this website:

https://cryptosouk.exchange/#features

I noticed that website is not working at all in some browsers, that should be fixed.

I have forwarded your concern to the team! Thank you! 😁

I have those problems, to be more precise it does not load for me in Brave browser, most likely issues with Google Widevine and flash.

I have already forwarded it in the meantime please bear with us 😁
DtpNumbered
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August 07, 2018, 02:38:03 AM
 #888

What is your Monetary Policy? Does your coin have a fixed supply forever or additional tokens can be issued later?

Do you have any policy on using the profit to buy back your coin from users like BNB?


unsold tokens are burned for the 50% allocated to the public.

They can choose to burn or buyback tokens as well

52 million souk tokens in total supply

Cool, all legit, like Binance.Design of Cryptosouk also reminds me of Binance.
Blueoyster
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August 07, 2018, 02:42:27 AM
 #889

When does the presale start?Is there a maximum purchase limit during presale?
BoycieBuahaha
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August 07, 2018, 02:57:20 AM
 #890

When does the presale start?Is there a maximum purchase limit during presale?

It starts in only 8 hours my friend Cheesy Get ready, I have a feeling this will go pretty fast!
MaZeeCM
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August 07, 2018, 03:14:42 AM
 #891

What is your Monetary Policy? Does your coin have a fixed supply forever or additional tokens can be issued later?

Do you have any policy on using the profit to buy back your coin from users like BNB?


unsold tokens are burned for the 50% allocated to the public.

They can choose to burn or buyback tokens as well

52 million souk tokens in total supply

Cool, all legit, like Binance.Design of Cryptosouk also reminds me of Binance.

Thank you for your support! 😊
MaZeeCM
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August 07, 2018, 03:18:28 AM
 #892

When does the presale start?Is there a maximum purchase limit during presale?

Presale starts In 42 minutes and minimum investment is 100 souk 😊
Jeremija
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August 07, 2018, 05:34:28 AM
 #893

Where is your company registered? I guess it must be somewhere with good crypto laws, since you are exchange.

The Exchange company (cryptosouk.exchange) is incorporated in St Vincent. The Corporate entity running the ICO is based in Malta. The core team is based in Kuwait (With the Kuwaiti entity JM Financial). The rest of the team is scattered across Dubai, San Francisco and a few other European countries.

So i see you are scattered all around the world,getting the best people Smiley

That's the only way to go. Register the company in a country that has the least amount of restrictions and then get the best people that you can from anywhere.

That is called being competent if you ask me and exploit all you can to ensure the best for the project.

I like it. Employees from different countries will certainly contribute a lot to the development of the project.
Babu Bhatt
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August 07, 2018, 05:56:52 AM
 #894

When does the presale start?Is there a maximum purchase limit during presale?

Presale starts In 42 minutes and minimum investment is 100 souk 😊

Great to see that presale finally started.Good luck team!
positiveoutlook
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August 07, 2018, 07:46:00 AM
 #895

When does the presale start?Is there a maximum purchase limit during presale?

Presale starts In 42 minutes and minimum investment is 100 souk 😊

Great to see that presale finally started.Good luck team!

Will you guys have frequent updates during the sale so the ones that are still unsure if they want to invest know what's going on and how much time they have? I'm not sure, but can the presale be sold out?
MaZeeCM
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August 07, 2018, 07:58:08 AM
Last edit: August 07, 2018, 08:09:35 AM by MaZeeCM
 #896

When does the presale start?Is there a maximum purchase limit during presale?

Presale starts In 42 minutes and minimum investment is 100 souk

Great to see that presale finally started.Good luck team!

Will you guys have frequent updates during the sale so the ones that are still unsure if they want to invest know what's going on and how much time they have? I'm not sure, but can the presale be sold out?

Hey guys keep your eyes wide open because in less than 2 hours, CryptoSouk Public Pre sale will go live.

Please JOIN our Telegram Announcement Channel.

https://t.me/cryptosouk
Toshiro Mifune
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August 07, 2018, 08:00:03 AM
 #897

When does the presale start?Is there a maximum purchase limit during presale?

Presale starts In 42 minutes and minimum investment is 100 souk 😊

Great to see that presale finally started.Good luck team!

Will you guys have frequent updates during the sale so the ones that are still unsure if they want to invest know what's going on and how much time they have? I'm not sure, but can the presale be sold out?

Hey guys keep your eyes wide open because in a few minutes CryptoSouk Public Pre sale will start.

Please JOIN our Telegram Announcement Channel.

https://t.me/cryptosouk

Great to see that you are finalyl going on with the sale,good luck team!
El Topo
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August 07, 2018, 08:17:31 AM
 #898

When can we expect distribution of those tokens,that we buy during sale?
Karam Prasad
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August 07, 2018, 08:38:40 AM
 #899

Where is your company registered? I guess it must be somewhere with good crypto laws, since you are exchange.

The Exchange company (cryptosouk.exchange) is incorporated in St Vincent. The Corporate entity running the ICO is based in Malta. The core team is based in Kuwait (With the Kuwaiti entity JM Financial). The rest of the team is scattered across Dubai, San Francisco and a few other European countries.

Hi Sir,can i join your bounty campaign with newbie rank?
PujuTravala
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August 07, 2018, 10:57:31 AM
 #900

When can we expect distribution of those tokens,that we buy during sale?

Tokens are usually distributed after end of sale,atleast thats how it is for most ICOs
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