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Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 75. (Read 87070 times)

jr. member
Activity: 182
Merit: 1


It seems to me that it is too early to draw any conclusions, that's when the beta version of the exchange itself will appear, then it will be necessary to draw conclusions.

Then it will be too late to invest in the project or not, you need to decide now, because it is now a very large discount on the purchase of tokens.

I wonder how much the project will be able to sell tokens, at a good discount it is very profitable to buy now
Who knows about bonuses? Usually there are some especially at the stage of private sell. It is interesting to know if ADAB has it

You're right. Very often at pre-sale you can buy project tokens at a low price and with a large percentage of bonuses. Does the team plan to conduct pre-sales?
It would be very nice if they conduct it, in the future about a lot of people will know about adabs, the better for the project
member
Activity: 434
Merit: 11


It seems to me that it is too early to draw any conclusions, that's when the beta version of the exchange itself will appear, then it will be necessary to draw conclusions.

Then it will be too late to invest in the project or not, you need to decide now, because it is now a very large discount on the purchase of tokens.

I wonder how much the project will be able to sell tokens, at a good discount it is very profitable to buy now
Who knows about bonuses? Usually there are some especially at the stage of private sell. It is interesting to know if ADAB has it

You're right. Very often at pre-sale you can buy project tokens at a low price and with a large percentage of bonuses. Does the team plan to conduct pre-sales?
jr. member
Activity: 182
Merit: 1
Hey, how about updating supportes with recent news? personally I rarely use something besides bitcointalk to find information about news, announcements
It would be very nice if the team starts to communicate and answer questions more often, but still it is better to use social networks for such purposes.
They do not have much time to answer in the btt branch, so they made social networks where they would post all their latest news
jr. member
Activity: 51
Merit: 2
Hey, how about updating supportes with recent news? personally I rarely use something besides bitcointalk to find information about news, announcements
It would be very nice if the team starts to communicate and answer questions more often, but still it is better to use social networks for such purposes.
jr. member
Activity: 123
Merit: 1
I want new interfaces of this exchange,more modern, up to date ,which will be able to compete with number 1 exchanges!
Which exchange is number 1 now?
jr. member
Activity: 98
Merit: 2
Hey, how about updating supportes with recent news? personally I rarely use something besides bitcointalk to find information about news, announcements
It seems to me that the most comfortable way to watch the news of the project will be through Twitter.

Through Twitter, yes, but there are now very strict rules, they stopped loving ICO projects and when people take part in the bounty
Even despite the strict rules of Twitter, people still use it under the bounty and the target audience for cryptocurrency
It's normal because they need money even though the rules are very tight, everything will be done,
you must understand that
Now the market is very strict, nobody does "thank you" for anything and it can be understood, there is no benefit in it
That's right, you can't judge Twitter for the fact that it does not allow advertising to be placed, although it is neutral to other topics, but it is very strict with cryptocurrency, which is not clear Huh
jr. member
Activity: 112
Merit: 1
Hey, how about updating supportes with recent news? personally I rarely use something besides bitcointalk to find information about news, announcements
It seems to me that the most comfortable way to watch the news of the project will be through Twitter.

Through Twitter, yes, but there are now very strict rules, they stopped loving ICO projects and when people take part in the bounty
Even despite the strict rules of Twitter, people still use it under the bounty and the target audience for cryptocurrency
It's normal because they need money even though the rules are very tight, everything will be done,
you must understand that
Now the market is very strict, nobody does "thank you" for anything and it can be understood, there is no benefit in it
jr. member
Activity: 182
Merit: 1
Hey, how about updating supportes with recent news? personally I rarely use something besides bitcointalk to find information about news, announcements
It seems to me that the most comfortable way to watch the news of the project will be through Twitter.

Through Twitter, yes, but there are now very strict rules, they stopped loving ICO projects and when people take part in the bounty
Even despite the strict rules of Twitter, people still use it under the bounty and the target audience for cryptocurrency
It's normal because they need money even though the rules are very tight, everything will be done,
you must understand that
It is logical that free advertising is always deleted, because it is not according to the laws of Twitter, if you want the result - pay
member
Activity: 392
Merit: 10
Hey, how about updating supportes with recent news? personally I rarely use something besides bitcointalk to find information about news, announcements
It seems to me that the most comfortable way to watch the news of the project will be through Twitter.

Through Twitter, yes, but there are now very strict rules, they stopped loving ICO projects and when people take part in the bounty
Even despite the strict rules of Twitter, people still use it under the bounty and the target audience for cryptocurrency
It's normal because they need money even though the rules are very tight, everything will be done,
you must understand that
jr. member
Activity: 182
Merit: 1
Hey, how about updating supportes with recent news? personally I rarely use something besides bitcointalk to find information about news, announcements
It seems to me that the most comfortable way to watch the news of the project will be through Twitter.

Through Twitter, yes, but there are now very strict rules, they stopped loving ICO projects and when people take part in the bounty
Even despite the strict rules of Twitter, people still use it under the bounty and the target audience for cryptocurrency
jr. member
Activity: 98
Merit: 2
Hey, how about updating supportes with recent news? personally I rarely use something besides bitcointalk to find information about news, announcements
It seems to me that the most comfortable way to watch the news of the project will be through Twitter.

Through Twitter, yes, but there are now very strict rules, they stopped loving ICO projects and when people take part in the bounty
jr. member
Activity: 182
Merit: 1
This project is an amazing idea, it is not easy to incorporate the sharia concept into cryptocurrency trading, hopefully what the ADAB dspat team wants is realized
In general, this project in the future should also be useful for ordinary users, so that not only for the Muslim people, to expand its target audience
full member
Activity: 672
Merit: 100
This project is an amazing idea, it is not easy to incorporate the sharia concept into cryptocurrency trading, hopefully what the ADAB dspat team wants is realized
jr. member
Activity: 182
Merit: 1
Hah, great to see promises of answer for those multiple questions. Will be watching on this thread to get responses.
I think better to be back in 24 hours as it was promised by somebody from adab.
They will definitely give us answers, just the guys do not have time, because there are a lot of us on the forum, and there is still a small conmad
member
Activity: 490
Merit: 10
hey, i've just found this thread. I like idea, but I am not sure if there is a demand for such platform. have you made analysis of market and talked with interested persons?
Where will you get customer's base?
full member
Activity: 671
Merit: 103
Moni
Hah, great to see promises of answer for those multiple questions. Will be watching on this thread to get responses.
I think better to be back in 24 hours as it was promised by somebody from adab.
jr. member
Activity: 112
Merit: 1
Hey, how about updating supportes with recent news? personally I rarely use something besides bitcointalk to find information about news, announcements
It seems to me that the most comfortable way to watch the news of the project will be through Twitter.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
@ 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://bitcointalksearch.org/topic/m.46790691

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.

Q1, Q3 & Q9 are specific to you so please reply within 24hrs otherwise post here stating your position. Thank you

Thank you for changing the tone of communication.
Give me 1-2 days. I will answer your questions here and notify you by the PM that the answers is ready.

Q1, Q3 & Q9 are specific to you so please reply within 24hrs otherwise post here stating your position. Thank you

ok. Will answer ASAP

Thank you too for changing the tone of your communication.

Please do not send a PM with answers, I would like the information you send to be in the public domain because there should be nothing secret about it.

I appreciate the reply from you. Thank you.
member
Activity: 434
Merit: 10
SESSIA
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
I also want them to elaborate on advertisement towards muslims in order to attract users for exchange.
There should be a marketing strategy to achieve goals
member
Activity: 434
Merit: 10
BITWIN
@ 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://bitcointalksearch.org/topic/m.46790691

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.

Q1, Q3 & Q9 are specific to you so please reply within 24hrs otherwise post here stating your position. Thank you

Thank you for changing the tone of communication.
Give me 1-2 days. I will answer your questions here and notify you by the PM that the answers is ready.

Q1, Q3 & Q9 are specific to you so please reply within 24hrs otherwise post here stating your position. Thank you

ok. Will answer ASAP
looking forward for hearing answers as well! I want everything to be as much transparent as possible. And it will be a positive step if you satisfy him with answers
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