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Author Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms  (Read 87081 times)
Garahain
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October 23, 2018, 11:05:35 PM
 #3101

Quote
I am sure you know bounty program very well, under The Signature Campaign, the participant would be required to comment on the Ann thread weekly/daily in order to qualify for rewards.

It is restricted to "ask" for Ann thread pump by the forum rules. If they have it written somewhere officially, oh boy, they have a big problems.

We never ask people to write in the ANN thread! I am sure these are real people who are interested and support the project.
Or you think the project has no supporters? haha
The project has supporters, they have them everywhere, but here all those people who really help the project to move forward, believe in it and in its future, because this project is being done for the Muslim people. Smiley
I have not heard of exchanges that operate in accordance with the rules of Sharia. The presence of such exchanges compares the capabilities of people who profess Islam with other people.
In general, in fact, by logic, you will never know what kind of person makes an exchange, and whether he observes the rules of his faith, either, so this exchanger will be for all users
Fedianex
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October 23, 2018, 11:33:19 PM
 #3102



@ whitetoo



Q1: You refer to Adab Solutions as "we". You wrote earlier "We are developing a beta version and submit it in January. Just wait and see everything. It will certainly differ significantly from the MVP." What is your position and what is your work within Adab Solutions? You answered several posts highlighting Shariah so are you Muslim? Do you follow Shariah?

Q2: The 3 Team members that the owners from Kazakhstan - what is their full religious denomination? If Sunni which branch? If Shia' which branch? If anything else, which branch?

Q3: The multiple aliases flooding this thread - who is the owner and what gain is in it for the flooders?

Q4: Why did the Team decide to register in Umm Al Quwain rather than Dubai or Abu Dhabi? Why choose UAE over their native Kazakhstan or Uzbekistan?

Q5: Will any/all investors that participate in the ICO have to send ID for KYC/AML? If so, why?

Q6:
KYC is a sensitive issue for many. If the exchange is active and users sign-up and send KYC ID then which precautions are taken to ensure the ID will not be misused?

Q7: Both Md Mofassair Hossain and Kazi Sohel Alom have been removed from the whitepaper and the Team section of the website. What were real full reasons for their removal?

Q8: At present there is no exchange, the business is just a company on paper. Adab Solutions are seeking investment. At the ICO and pre-ICO stage they are unable to fully vet investors therefore they might be getting people sending in funds from illicit, illegal and immoral sources such as prostitution.

If KYC is being done at ICO an pre-ICO stage then why not ask specifically for an annual tax return and letter of employment with salaries stated? Add to that the checking of all available information about the investor such as FB, Twitter, Insta etc to check to see if they are being honest. This might make investment slightly harder by putting investors off but it will filter out those people that should never invest in a Shariah project.

If any project is a standard non-Shariah project then there would be no need to take extra precaution. If a project is based around Shariah then extra precautions must be taken.

Please note, the question is specifically about ICO and pre-ICO stage investment when there is no live business or working product (it is not about anybody using services a live exchange provides). I have read what Maxat Salypn wrote in a generic sense but I need to ask for a specific reply: https://bitcointalk.org/index.php?topic=4720775.msg46790691#msg46790691

Q9:
Please explain fully why you lied and said I took money from you and said that that I worked for you and was fired by you.




I have many questions but have narrowed them down and limited them just to the above.

I understand and appreciate some of the questions will take time to answer because you will put them forward to the relevant parties and must wait for their replies. Thank you.

I appreciate the false accusations of theft made against me were not from the Team members. It was made by you and an alias (and I am waiting for an explanation why you did it as per Q9). Having said that if Adab Solutions are following Shariah and the answers satisfy, I will gladly remove any posts they ask me to.

Furthermore I will gladly put a pro-Adab Solutions signature until their ICO is over. I do not participate in bounties and airdrops so will do it for free providing I receive specific non-generic answers to my questions with Q8 being the most important one.

Thank you
Finally, the project resolved the issue with this person, otherwise he misled many people that the project was a scam, although the team submitted its documents for review. Cool
This is for sure, but every day I read what a person writes, without any special arguments and facts, well, when everything is peacefully solved, this is good, I am glad that the project has solved all its questions with clients and continues to develop
Salichex
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October 23, 2018, 11:37:54 PM
 #3103

Now is a very difficult time to launch new crypto projects. Almost all projects collect negligible amounts, since crypto investors are depressed.
Therefore, they need to be sure that their exchange will be popular in the future. Otherwise, the ICO-campaign will give nothing.

Of course, every project needs good marketing, especially crypto exchanges. Of course ADAB knows what they do.
This project is engaged in advertising, but it’s not clear why the team hasn’t yet solved the problem with these scammers in discussion.
Like any other project, adab should direct its advertising to the target audience in order to have even better results in the future than they are now
Hidellonie
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October 23, 2018, 11:51:18 PM
 #3104

Now is a very difficult time to launch new crypto projects. Almost all projects collect negligible amounts, since crypto investors are depressed.
Therefore, they need to be sure that their exchange will be popular in the future. Otherwise, the ICO-campaign will give nothing.

Of course, every project needs good marketing, especially crypto exchanges. Of course ADAB knows what they do.
This project is engaged in advertising, but it’s not clear why the team hasn’t yet solved the problem with these scammers in discussion.
Like any other project, adab should direct its advertising to the target audience in order to have even better results in the future than they are now
An experienced marketer should be in any company so that in the future many people know about the project, or at least have heard through social networks not only
Garahain
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October 24, 2018, 12:00:54 AM
 #3105

We will show the beta version. Also very soon you will see the FACTS and the EVIDENCE that the project relates to Muslims and will work according to the laws of Shariah.

regards.
I will be pleased to test your beta version.
The beta version will still need to wait a bit, then all together we estimate the work of the team Wink
Fedianex
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October 24, 2018, 12:06:58 AM
 #3106

We will show the beta version. Also very soon you will see the FACTS and the EVIDENCE that the project relates to Muslims and will work according to the laws of Shariah.

regards.
I will be pleased to test your beta version.
The beta version will still need to wait a bit, then all together we estimate the work of the team Wink
It will be necessary that they leave a feedback form so that people can write not only about errors in the beta version, but directly to the developers themselves.
Salichex
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October 24, 2018, 12:18:21 AM
 #3107

We will show the beta version. Also very soon you will see the FACTS and the EVIDENCE that the project relates to Muslims and will work according to the laws of Shariah.

regards.
I will be pleased to test your beta version.
The beta version will still need to wait a bit, then all together we estimate the work of the team Wink
It will be necessary that they leave a feedback form so that people can write not only about errors in the beta version, but directly to the developers themselves.
On the roadmap, the beta version should come out roughly speaking at the beginning of next year, at the same time we will check its security and functionality.
Ondrakel
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October 24, 2018, 12:30:01 AM
 #3108

We will show the beta version. Also very soon you will see the FACTS and the EVIDENCE that the project relates to Muslims and will work according to the laws of Shariah.

regards.
I will be pleased to test your beta version.
The beta version will still need to wait a bit, then all together we estimate the work of the team Wink
It will be necessary that they leave a feedback form so that people can write not only about errors in the beta version, but directly to the developers themselves.
On the roadmap, the beta version should come out roughly speaking at the beginning of next year, at the same time we will check its security and functionality.
I like your eighth step in the roadmap, which will be the launch of a large marketing company, this is the right decision after the release of the beta version, it's time to do very well advertising
Hidellonie
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October 24, 2018, 12:48:48 AM
 #3109

In fact, if you look at all the information on the site, the team really prepared everything very well, the most important thing is that everything is at the highest level of preparation, it will all give investors confidence that by investing money here they will have their own good interest
Genrix
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October 24, 2018, 06:35:39 AM
 #3110

It is getting clear for me,that they are giving answers to all of questions and such transparency is important for both investors and haters

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minttop
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October 24, 2018, 06:50:09 AM
 #3111

When are you going to renovate your MVP?
It is important to satisfy all supporters before main stage of ICO in order to raise money.

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Timmy-tianlan
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October 24, 2018, 06:51:06 AM
 #3112

http://i99.fastpic.ru/big/2018/0802/2b/5dfa2afe9c479c4140a048fbeb87a22b.jpeg
http://i103.fastpic.ru/big/2018/0802/e6/a75b13a6080339606895678de617c9e6.jpeg
http://i101.fastpic.ru/big/2018/0802/51/69010106cc6027f9999165807307c151.jpeg
http://i101.fastpic.ru/big/2018/0802/bb/5fba65d9f91e1007b6cbb7b5fdb245bb.jpeg
http://i102.fastpic.ru/big/2018/0802/be/6335939fba84e5039e1eeb442b3b4fbe.jpeg
http://i99.fastpic.ru/big/2018/0802/62/2fa35e3443b820d2cfcef77b32891c62.jpeg
http://i102.fastpic.ru/big/2018/0802/15/0d567f44658fb5f785e5c3d43a9b8715.jpeg
http://i103.fastpic.ru/big/2018/0802/9b/5cfbac1bed21080b071fad7ba4a8799b.jpeg
http://i101.fastpic.ru/big/2018/0802/6a/942fbefcf35d46ef9a422f986aee676a.jpeg
http://i100.fastpic.ru/big/2018/0802/a9/1a8ed4159daccc1b7b5c3270f91dcfa9.jpeg
http://i103.fastpic.ru/big/2018/0802/c5/b7e3e8533e52f61d2ce88601f2837ac5.jpeg
http://i99.fastpic.ru/big/2018/0802/8b/7080b949396c006b2f81309e7a59598b.jpeg
http://i103.fastpic.ru/big/2018/0802/6d/cd906cd9a1245607dc5c8d6500c7bb6d.jpeg
http://i102.fastpic.ru/big/2018/0802/d3/45610f4b67ae141393d766ac9b723ed3.jpeg
http://i102.fastpic.ru/big/2018/0802/4e/ea485265ba53639dd69fac9633d4284e.jpeg
http://i101.fastpic.ru/big/2018/0802/07/666e287c6459aea52a8daa7153e22a07.jpeg
http://i103.fastpic.ru/big/2018/0802/28/d5f25852af3cf72b1bfe3f51f083b228.jpeg
http://i103.fastpic.ru/big/2018/0802/c5/2079ac3ba756b3f8dee204ed15f54dc5.jpeg
http://i103.fastpic.ru/big/2018/0802/a4/531f58960eec098e481529e9ce7495a4.jpeg
http://i102.fastpic.ru/big/2018/0803/8c/e87566c8247ee683fc20af647df21c8c.jpeghttp://i100.fastpic.ru/big/2018/0803/ef/621a1bba79f78b67b80c10524ebf1eef.jpeg

Great! Congrats! When is your exchange will be alive? I am really looking forword to see about it!
sword024
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October 24, 2018, 07:04:41 AM
 #3113

As far as I see your exchange has MVP and I feel positive about it.
Not every project has MVP at the moment of tokensale, so you coped with it.
drrekkty
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October 24, 2018, 07:14:42 AM
 #3114

We will show the beta version. Also very soon you will see the FACTS and the EVIDENCE that the project relates to Muslims and will work according to the laws of Shariah.

regards.
I will be pleased to test your beta version.
The beta version will still need to wait a bit, then all together we estimate the work of the team Wink
Yeah, beta version is that I am waiting to. I want to be among first test members.
I have a certain experience with exchanges and want to compare it
minttop
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October 24, 2018, 07:22:45 AM
 #3115

Now is a very difficult time to launch new crypto projects. Almost all projects collect negligible amounts, since crypto investors are depressed.
Therefore, they need to be sure that their exchange will be popular in the future. Otherwise, the ICO-campaign will give nothing.

Of course, every project needs good marketing, especially crypto exchanges. Of course ADAB knows what they do.
This project is engaged in advertising, but it’s not clear why the team hasn’t yet solved the problem with these scammers in discussion.
Like any other project, adab should direct its advertising to the target audience in order to have even better results in the future than they are now
yes, it is true and what is more they have advertisement for their target audience living in United Arab Emirates. But it should be expanded

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Genrix
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October 24, 2018, 07:35:34 AM
 #3116

We will show the beta version. Also very soon you will see the FACTS and the EVIDENCE that the project relates to Muslims and will work according to the laws of Shariah.

regards.
I will be pleased to test your beta version.
The beta version will still need to wait a bit, then all together we estimate the work of the team Wink
It will be necessary that they leave a feedback form so that people can write not only about errors in the beta version, but directly to the developers themselves.
I also appreciate people suggesting solutions and not just making platant accusations.
I think they should run something like bug bounty to improve their product

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drrekkty
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October 24, 2018, 07:48:31 AM
 #3117

LOL, just read a reply of Jolly Good asking several questions. I find funny that he suggests asking twitter and fb profiles during KYC procedure. Look, KYC is a tough process and any kind of additional info can just freak inverstors!
bazar111
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October 24, 2018, 07:49:37 AM
 #3118

I am confused by the fact that the ADAB-exchange will trade only the main crypto-currencies. Perhaps by Shariah norms this is the right decision. But in order to attract as many people as possible, including non-Muslims, the exchange must trade various types of cryptocurrencies.
I fully agree with you, the more trading pairs on the exchange itself, the better.


Do you think ADAB will list only shariah coins ?)) Of course they will list all the coins.
Only if Sharia tokens, then the exchanger will specifically target one topic, it is not very profitable for marketing purposes.

Of course it will be not clever decision to list only sharia tokens. They just need not to list scam coins.
Just make the right listing for customers and the question will be closed, there are rules everywhere and they need to be followed.
In any case, you need to add only good coins, because reputation is the most expensive thing that the project has

Of course, any exchange which values their reputation will not list scam coins. I think ADAB understand this.
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October 24, 2018, 07:58:32 AM
 #3119

I am confused by the fact that the ADAB-exchange will trade only the main crypto-currencies. Perhaps by Shariah norms this is the right decision. But in order to attract as many people as possible, including non-Muslims, the exchange must trade various types of cryptocurrencies.
I fully agree with you, the more trading pairs on the exchange itself, the better.


Do you think ADAB will list only shariah coins ?)) Of course they will list all the coins.
Only if Sharia tokens, then the exchanger will specifically target one topic, it is not very profitable for marketing purposes.

Of course it will be not clever decision to list only sharia tokens. They just need not to list scam coins.
Just make the right listing for customers and the question will be closed, there are rules everywhere and they need to be followed.
In any case, you need to add only good coins, because reputation is the most expensive thing that the project has

Of course, any exchange which values their reputation will not list scam coins. I think ADAB understand this.
Adab will not list scam coins and non shariah coins. It is told in their WP. I hope we can believe it. But let's see once exchange is launched
bazar111
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October 24, 2018, 08:02:18 AM
 #3120

I am confused by the fact that the ADAB-exchange will trade only the main crypto-currencies. Perhaps by Shariah norms this is the right decision. But in order to attract as many people as possible, including non-Muslims, the exchange must trade various types of cryptocurrencies.
I fully agree with you, the more trading pairs on the exchange itself, the better.


Do you think ADAB will list only shariah coins ?)) Of course they will list all the coins.
Only if Sharia tokens, then the exchanger will specifically target one topic, it is not very profitable for marketing purposes.

Of course it will be not clever decision to list only sharia tokens. They just need not to list scam coins.
Just make the right listing for customers and the question will be closed, there are rules everywhere and they need to be followed.
In any case, you need to add only good coins, because reputation is the most expensive thing that the project has

Of course, any exchange which values their reputation will not list scam coins. I think ADAB understand this.
Adab will not list scam coins and non shariah coins. It is told in their WP. I hope we can believe it. But let's see once exchange is launched

WIll not list shariah coins? I do not see it in the whitepaper, I hope they know what they do.
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