[ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms

[JollyGood]

In order to prevent such things you are talking about, they should launch KYC to determine who actually use adab tokens. If I were Adab Ceo, I would accept only islamic investments for this project

That would be the best way forward but if they have KYC then it would put a number of investors off. It means they will not do it therefore they cannot be Shariah compliant.

I have no doubt if you were running a Shariah compliant you would never accept money from people that might be the following but Adab exchange are scammers:

pimps
prostitutes
porn actors
those currently behind bars in prison serving prison sentences
those that sell drugs/narcotics
those that manufacture, test and sell weapons
those that own publications online/print media cursing Muslims and those that have anti-Muslim agenda
those that own, transport or sells alcohol

[TimurBit]

I also want to know about alpha version. Is it supposed to be soon? I want to see in what I actually invest prior to make investment decision. You have to show MVP

That's right, you need to first fully assess the project and its potential, and then make decisions about investments.

[I3arni]

so, they selleng 72% of tokens. So, now important their hardcap. Where i can find this information?

you have to check their ICO page. THere is all information about all rounds of sale

[minttop]

Guys, did somebody here invested in Adab? What was your bonus in this case?
This idea seems me unique, but I need deeper analysis on this matter

[arendator]

hmm, this concept seems interesting for me, as far as I understood, your crypto exchange should comply with Shariah norms and now we don't have something like that.

Do you think this idea could really work? Where is Islam and where are cryptocurrencies? The idea is certainly good, but how to translate it into reality?

But there are many Islam countries in the world and crypto also very popular there.

[berkoch]

Muslims should be sure that they are participating in a project that does not violate the norms of religion. But it is important that the project has achieved results. Soft cap is a good result.

[paxswerr]

For investment in the project to be successful, people have to do it very responsibly. Probably, people professing Islam to make it even more difficult. They need to find not only a promising project, but also to choose one that does not contradict the laws of religion.

[Freddy63]

How did you raise money? was it fiat investment from VC or you've raised funds via crypto? Did you fix it in fiat? Crypto is fluctuating and sometimes it is better to hedge money

[FlooMeer]

I heard that the project successfully assembled a softcap. I would like to congratulate the administration on its success.

[minttop]

I would be glad to see any collaboration with islamic bank,because those have much more experience in finance sphere complied with Shariah norms. You could make a good collaboration

[Tondya]

Do you require Kyc for bounty hunters?

[zorgo]

Do you require Kyc for bounty hunters?

Please share the link on the bounty, the company that conducts the project.

[nerttor]

The name of the project and the mention of Islam are not important. The project should be profitable for all participants, this is ideally of course. This happens very rarely. But let a potential project participants will decide for themselves what to expect.

[JollyGood]

How did you raise money? was it fiat investment from VC or you've raised funds via crypto? Did you fix it in fiat? Crypto is fluctuating and sometimes it is better to hedge money

The Adab exchange scammers claim to have reached the soft cap but nobody knows if that is true.

As for where they got the funding it might be from:

pimps
prostitutes
porn actors
those currently behind bars in prison serving prison sentences
those that sell drugs/narcotics
those that manufacture, test and sell weapons
those that own publications online/print media cursing Muslims and those that have anti-Muslim agenda
those that own, transport or sells alcohol

Adab exchange = scam

[GyramCripto]

How did you raise money? was it fiat investment from VC or you've raised funds via crypto? Did you fix it in fiat? Crypto is fluctuating and sometimes it is better to hedge money

The Adab exchange scammers claim to have reached the soft cap but nobody knows if that is true.

As for where they got the funding it might be from:

pimps
prostitutes
porn actors
those currently behind bars in prison serving prison sentences
those that sell drugs/narcotics
those that manufacture, test and sell weapons
those that own publications online/print media cursing Muslims and those that have anti-Muslim agenda
those that own, transport or sells alcohol

Adab exchange = scam

I don't understand, what's the point of deceiving your users? That this benefits the admin of the project?

[TimurBit]

I would like to join the project as an investor, will it be necessary to pass the procedure of identity verification before you start investing, or it can be done later?

[Khala]

Muslims should be sure that they are participating in a project that does not violate the norms of religion. But it is important that the project has achieved results. Soft cap is a good result.

but soft cap are not enough for the project to develop normally and subsequently be maintained and improved

[JollyGood]

Stay away from Adab exchnage scammers. Do not invest in this project.

[spawn4ever]

This is really strange. It is not clear why this information is hidden from users? I wonder what the ADAB project team is talking about.

may be they will answer you in social medias like telegram or something

[ufolly]

There are rich Arab countries, of course. Investors from these countries could invest a lot of money in this project. But investors should be interested in investing. So far, only soft cap has been reached.