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Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 20. (Read 87084 times)

jr. member
Activity: 238
Merit: 1
Is it true that Adab doesn't have competitors? Seems impossible, because every single ICO I've meet was just a copy of previous one. And here I see something different.
I heard that another similar project is being launched in the United Arab Emirates.

Is this project also based on Sharia laws or does it have any differences?
member
Activity: 267
Merit: 10
A Blockchain Mobile Operator With Token Rewards
Is it true that Adab doesn't have competitors? Seems impossible, because every single ICO I've meet was just a copy of previous one. And here I see something different.
I heard that another similar project is being launched in the United Arab Emirates.
jr. member
Activity: 168
Merit: 1
It turns out that the ADAB team will add the token only to its trading platform?
You have to distinct Adab token and other tokens listed on its platform. The goal of their business is making deals according to shariah rules, so all tokens willing to be listed on Adab, should have compliant business.
As for native token, i believe it will be traded on several exchange, but lets ask devs again

If a project token is added to other exchanges, people can earn money in the way that the Shari'ah rules prohibit and change it to a project token. Is this not a violation of the rules of Sharia?
jr. member
Activity: 238
Merit: 1
Yes, this is the first such product, but I think that is not the last. similar projects will appear after they see it being popular
Yes, from this point of view Adab has advantage, they have like a year to prove their assumption regarding demand of islamic crypto exchange
The first to be difficult.  let's see how everything will be if until that time the crypto will exist
Being first is difficult, but these efforts pay off. They can take up most of the market.
full member
Activity: 448
Merit: 100
It turns out that the ADAB team will add the token only to its trading platform?
You have to distinct Adab token and other tokens listed on its platform. The goal of their business is making deals according to shariah rules, so all tokens willing to be listed on Adab, should have compliant business.
As for native token, i believe it will be traded on several exchange, but lets ask devs again
member
Activity: 434
Merit: 10
Is it true that Adab doesn't have competitors? Seems impossible, because every single ICO I've meet was just a copy of previous one. And here I see something different.

You're right. There are many exchanges on the market, but only the ADAB team will adhere to the Sharia law.
member
Activity: 434
Merit: 11
Sorry, but I didn't find the answer to my question.

1) Is it a problem to use exchanges like binance for myslim Huh
Yes, the problem is even bigger as you can imagine.
Their religion doesn't permit to use shady products like gambling, tobacco, alcohol, so Binance and other exchanges don't make due diligence to sort out listed tokens

It turns out that the ADAB team will add the token only to its trading platform?
member
Activity: 574
Merit: 10
Sorry, but I didn't find the answer to my question.

1) Is it a problem to use exchanges like binance for myslim Huh
Yes, the problem is even bigger as you can imagine.
Their religion doesn't permit to use shady products like gambling, tobacco, alcohol, so Binance and other exchanges don't make due diligence to sort out listed tokens
hero member
Activity: 1232
Merit: 503
Sorry, but I didn't find the answer to my question.

1) Is it a problem to use exchanges like binance for myslim Huh
jr. member
Activity: 98
Merit: 1
Yes, this is the first such product, but I think that is not the last. similar projects will appear after they see it being popular
Yes, from this point of view Adab has advantage, they have like a year to prove their assumption regarding demand of islamic crypto exchange
Year or more, it is not so important. More importantly, such big bonuses can greatly lower the price of the token in the future.
Yes, there is probability of such decrease. Huge bonuses always affect price in a negative way.
Nevertheless most of investors prefer to buy on pre-sale to gain bonuses

The first investors are most at risk. Therefore, for them at the time of pre-sale, the teams offer large percentages of bonuses.
member
Activity: 434
Merit: 10
SESSIA
Yes, this is the first such product, but I think that is not the last. similar projects will appear after they see it being popular
Yes, from this point of view Adab has advantage, they have like a year to prove their assumption regarding demand of islamic crypto exchange
Year or more, it is not so important. More importantly, such big bonuses can greatly lower the price of the token in the future.
Yes, there is probability of such decrease. Huge bonuses always affect price in a negative way.
Nevertheless most of investors prefer to buy on pre-sale to gain bonuses
member
Activity: 462
Merit: 10
I am so inspired by Adab exchange, that I will recommend it to all of my muslims friend.
But firstly I need to get sure in quality.
full member
Activity: 448
Merit: 100
According to the roadmap, the alpha release of the exchange is scheduled for 2019
Ok, thank you for sharing this info, I will be waiting for this release. You know, I 've seen spreadsheet with ROI of different projects and among all of them exchange ICos resulted highest return , so that's why I am waiting to test this exchange. Probably it is another game changer!
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
For me, it is better to wait for the growth of the market because if we sell it now with the market conditions that are going down, of course it will not provide benefits but it will provide a definite loss, but somehow it depends on your own decision


ADAB HARAAM EXCHANGE = SCAM SO PLEASE BEWARE !!

The OP called whitetoo is part of the Russian bounty scammer alliance consisting of 520bit, RoyalTeam, vitalii_invest, Mari Royalteam and several other sock-puppet accounts

These fake accounts flood threads with sock-puppets for posting propaganda and used to generate fake hype and fake buzz








This is part of the article on Medium about the Adab Haraam exchange being a scam:
https://medium.com/@douglaslyons/adab-solutions-exchange-major-red-flags-found-76a86d02e01b?fbclid=IwAR07tXklAZfXCbQcdsAGBmT7ZY0oZ0knBkatMIjy0rdILpgUOgfiDbfwHuI



ADAB Solutions Exchange- MAJOR RED FLAGS FOUND

I recently evaluated the ADAB Solutions project (First Islamic Exchange).

After looking at the comments and scoring given by other “experts”, I was shocked given what I found (or couldnt find).

First and foremost; both the CEO and COO have 0 verifiable work experience. I communicated directly with the CMO and was provided a link to a website for Vangaurd (http://vanguardconsulting.kz/) and told that this is an example of the “experience” of the CEO. After reviewing said website, nothing was found to indicate any involvement of the CEO, and even if there was, this particular business wouldnt qualify anyone in my opinion.

Based on the fact that not only is there 0 verifiable work experience, I am shocked that this project would be given any type of positive evaluation given the fact that as is the intent of the project (crypto exchange) you would think that a serious background in both finance and business would be required, given the potential funds at stake

ADAB Solutions sincerely believes that by following the norms of Sharia, we will be able to perform the moral and socially acceptable behavior, by exclusing all the possibilities of manipulations or speculations within business operations”.

based on this statement taken from the project information, it is my belief that the assertion here is that; because they intend to follow “Islamic Law”, that investors/clients can be assured of security and without the fear of “immoral” behaviour. This to me is nothing more than a marketing ploy, meant to decieve investors into thinking that some type of “moral standard” exists here that is not practiced elsewhere. It is also my understanding that the CEO/COO and Deputy CEO are not even Muslim.

Regardless of one’s own religious beliefs, I can’t think of anything much more cynical than adopting the principles of a religion that is not your own in order to deceive its followers.

Here is an example of a similar ploy perpetrated under the guise of being Shariah “compliant”:
https://www.cbc.ca/news/canada/toronto/2-men-defrauded-shariah-compliant-mortgage-holders-of-millions-of-dollars-crown-tells-trial-1.4867083



ADAB HARAAM EXCHANGE = SCAM SO PLEASE BEWARE !!




member
Activity: 574
Merit: 10
How do you estimate potential of adab token? Which exchanges are going to list your token?
I know that is prohibited to disclose listing, but just tell us your potential exchanges.
I can say the next. Since this is an ERC-20 token, then it will be 100% available for trading at the etherdelta exchange.
Why are you speaking about etherdelta if there is completely another exchange.
Etherdelta is decentralised and Adab is centralised.
member
Activity: 462
Merit: 10
Are you going to present more eth contests in your telegram channel? Once I've won a small amount,but I like the taste of victory
member
Activity: 630
Merit: 10
Here you go. There is little time left until the beginning of 2019. The team has no time to be distracted. After all, the alpha release of the exchange is about to happen.
Exactly! There is no so much time left till the main release and I think team will do their best to perform quality product!
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Dear Members Of The BitcoinTalk Community,

THIS ADAB HARAAM EXCHANGE IS A BIG SCAM !!!!


--- WARNING ---

The OP called whitetoo is part of the Russian bounty scammer alliance consisting of 520bit, RoyalTeam, vitalii_invest, Mari Royalteam and several other sock-puppet accounts

These fake accounts flood threads with sock-puppets for posting propaganda and used to generate fake hype and fake buzz








ADAB HARAAM EXCHANGE = SCAM SO PLEASE BEWARE !!




full member
Activity: 686
Merit: 102
Is it true that Adab doesn't have competitors? Seems impossible, because every single ICO I've meet was just a copy of previous one. And here I see something different.
member
Activity: 434
Merit: 10
SESSIA
Yes, this is the first such product, but I think that is not the last. similar projects will appear after they see it being popular
Yes, from this point of view Adab has advantage, they have like a year to prove their assumption regarding demand of islamic crypto exchange

I think that the Adab team will manage to organize the demand from Islamic traders for their platform. Also, traders in other countries of the world, if they are allowed to do so, will also wish to start trading on a new platform.
Point is that Adab team opens new market for Islamic countries and it will cause money flow to crypto community. nobody did that before and islamic countries were closed for this market.
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