[ANN][ICO] 🔥🔥🔥 Cazaar - Crypto Exchange Tailored With And For You! 🔥🔥🔥 - page 4.

holydarkness

legendary

Activity: 2548

Merit: 1432

Yes, I'm an asshole

Quote from: LazzuljEl on November 30, 2018, 05:46:50 PM

Most notable aspects of our concept:

Real life use case:
The exchange industry is probably one of the few if not the only
crypto related industry that has brought products to life that are used by millions.
Even in the bear market exchanges are profitable and able to provide benefits for their investors.
Our exchange also has a market gap to fill since many ICOs with thousands of investors can’t get their assets listed on exchanges.
With 2-3 new coins/tokens entering the market on a daily basis, there is still a place for new exchanges to provide a trading platform for these projects.

Departing from above statement, may I assume that one of the feature you offer is a possibility to list as many available on the crypto system tokens as possible? I had to make sure because in spite of being under your "most notable aspects of concept", you didn't exactly explain what your notable feature is (for this section) against the current available business.

Quote from: LazzuljEl on November 30, 2018, 05:46:50 PM

1. used to participate in the crowdsourcing and decision making for free. (in case you have at least 100 CZARs on your balance)
2. exchanged for other crypto assets after the Cazaar Exchange launch.
3. sold to the Company (Us) at the monthly buy ups.
4. a way for projects to get listed on the exchange at a 20% discount. (If they wish to pay their listing fees in CZARs)

And then, departing from this statement, do I understand correctly that, if the previous conclusion is correct, this listing-as-many-as-possible will be implemented through offering projects out there with the possibility of being listed as long as they are willing to pay?

belechau

full member

Activity: 686

Merit: 100

The concept of the project enchants me a lot, I hope there is the possibility of some hiring for the Team, as well as the emergence of advisers and Partners throughout the Project, as it is an important and productive contribution. There are many Exchanges emerging lately, and the Blockchain explosion will make it an increasingly broad and competitive niche. I wish you luck on this journey, I will be following closely

LazzuljEl

copper member

Activity: 36

Merit: 0

Quote from: cuenzy on December 19, 2018, 02:48:11 PM

Can you really sustain the project with only three people in your team? How about the marketing? Are you planning to also manage the bounty and other marketing related gigs? I think you should consider getting third parties or just expand your support.

The development of the platform will indeed require more people in the team, that's why we are going to work with contracted developers thus we can deliver on time. As for the marketing, we believe it's sustainable for us to manage the bounty campaign and to engage with the community.

Papote

jr. member

Activity: 202

Merit: 7

Professional Spanish Translator. PM to me.

Good project, in a moment I will read your whitepaper.
I hope it is a long life project. Good luck to your team.

cuenzy

full member

Activity: 532

Merit: 103

Fast, Smart, Trustworthy

Can you really sustain the project with only three people in your team? How about the marketing? Are you planning to also manage the bounty and other marketing related gigs? I think you should consider getting third parties or just expand your support.

LazzuljEl

copper member

Activity: 36

Merit: 0

Quote from: DaMut on December 04, 2018, 07:28:51 PM

Quote from: LazzuljEl on December 01, 2018, 07:13:25 AM

Quote from: israelps on December 01, 2018, 05:14:36 AM

Reserved Spanish translation. Confirm please.

Thank you for the offer, but we are not running a bounty program in order to protect investor interests!

You made a mistake my friend if you have an experience in any kind of industry before. you should have known that any project or industry needs a marketing to develop their project and to spread the awareness about their company or project or industry.
bounty hunters did dump the price whenever it gets listed on any exchange, but you can not deny the fact that they are bringing an exposure to project itself.
if you are afraid of them to dump the price when it gets listed on the market, you can try to incentive them by using USDT or other currencies.

Indeed, it could be useful, but also the effects of our way of doing things. Once we get the details of this project to people who wish to invest in an ICO that actually cares for them, and tries to protect their interest, it might work out just as well.
Just think about it, there is no inflation created by "free" coins on the market from airdrops, bounties, or bonuses but there is a buyback program which increases the price of the tokens.
We believe that is the key to create a mutually beneficial ICO especially in this market.

Although paying in another currency could really work for this kind of problem, we are not going to start a bounty right away, but it has just become a possibility for the second part of our campaign.

DaMut

sr. member

Activity: 1246

Merit: 263

Quote from: LazzuljEl on December 01, 2018, 07:13:25 AM

Quote from: israelps on December 01, 2018, 05:14:36 AM

Reserved Spanish translation. Confirm please.

Thank you for the offer, but we are not running a bounty program in order to protect investor interests!

You made a mistake my friend if you have an experience in any kind of industry before. you should have known that any project or industry needs a marketing to develop their project and to spread the awareness about their company or project or industry.
bounty hunters did dump the price whenever it gets listed on any exchange, but you can not deny the fact that they are bringing an exposure to project itself.
if you are afraid of them to dump the price when it gets listed on the market, you can try to incentive them by using USDT or other currencies.

LazzuljEl

copper member

Activity: 36

Merit: 0

We have started a new blog series called "Cazaar Explained" in order to help the community get a better understanding on why, and how we intend to raise the funds and create a platform that is beneficial both for its' users, investors and founders.

https://medium.com/@CazaarExchange/launch-of-cazaar-explained-series-about-us-our-approach-marketing-and-business-decisions-86a972f007aa

LazzuljEl

copper member

Activity: 36

Merit: 0

Quote from: israelps on December 01, 2018, 05:14:36 AM

Reserved Spanish translation. Confirm please.

Thank you for the offer, but we are not running a bounty program in order to protect investor interests!

israelps

newbie

Activity: 210

Merit: 0

Reserved Spanish translation. Confirm please.

LazzuljEl

copper member

Activity: 36

Merit: 0

Website • White Paper • Facebook • Twitter • Reddit • Medium • Telegram

Cazaar is a cryptocurrency exchange aiming to introduce a customer-oriented approach to the market which is
built on mutually beneficial solutions, fair terms and proper communication between the users and the platform.
Before getting into the details, we would like to point out that we are aware of the current market conditions,
that nowadays it’s hard to gain profits from ICOs or let alone trust them.
For this reason we’ve sought to come up with an investor friendly plan, and a concept that is built on mutual interests.

Most notable aspects of our concept:

Real life use case:
The exchange industry is probably one of the few if not the only
crypto related industry that has brought products to life that are used by millions.
Even in the bear market exchanges are profitable and able to provide benefits for their investors.
Our exchange also has a market gap to fill since many ICOs with thousands of investors can’t get their assets listed on exchanges.
With 2-3 new coins/tokens entering the market on a daily basis, there is still a place for new exchanges to provide a trading platform for these projects.

Investor profitability and involvement in the success:
Unlike many other projects,
we are offering a service that is most likely used by everyone who invests in crypto related startups.
Once contributed, investors can help us to keep their investment on track by using a service they would use anyway.
A service that constantly increases the price of their tokens by using its profits to decrease the circulating token supply.
Other than that, our system offers many options for additional profits or to gain passive income by using features of the service.

The price of the token is not inflated by using common promoting practices just to create bigger hype and raise more money for us:
We don’t offer or give any CZAR tokens for free. There are no bonuses, airdrops or bounties thereby
there is no inflation caused by individuals who would sell their freely gained tokens under price!
Exactly the other way around, we’ll buy back 100% of the tokens we emitted to make this deal
beneficial for everyone. For this reason we, the founders don’t hold any CZARs, simply because in this system
it would make no sense at all. It also makes it impossible even for us to manipulate the prices.
Nevertheless, we are still in the same boat with our investors, a prospering and profitable platform is our common goal.
We’ve also set our soft and hard cap in a way that they leave huge space for the market cap to grow.

We don’t speculate, and we don’t provide false information or half-truths:
We are only promising what we are able to deliver. If we don’t know something for certain we don’t communicate it towards the community.
Even though this is the right way, it has drawbacks as well, it is a competitive disadvantage by the fact we don't promise all the fancy features
others do (and most of the time fail to accomplish), furthermore some aspects of the project might look
incomplete or unprofessional. For example, our roadmap might look unfinished to some,
even though we have it planned till the end of 2019, we just haven’t included those parts,
because there might be changes in the market or the cooperation with our users could also change the priorities along the way.

Although the solutions listed above put us in a position that we currently can’t promise
all the flashy features and solutions other exchanges do. (The ones who wish to collect $5,000,000+)
We will implement most of the features that could be expected from a first-class platform over time.

The Project

The concept of Cazaar was born because the currently operational crypto exchanges are flawed
in many ways. I believe I don’t have to explain much about untrustworthy, slow or expensive services in this forum.
Not to talk about customer service issues and the lack of transparency.
Despite all that, crypto investors can’t get around these services if they want to trade their assets.
Thus we, traders ourselves, came up with a way more user-friendly concept in which we provide a
more beneficial and profitable service and the opportunity to have an open conversation with the platform to solve inconveniences.

Platform

Cazaar is a cryptocurrency exchange that is focusing on the essentials of such a platform.
We will always prioritize the fundamental values of an exchange, such as proper, safe, fast and bug-free service.
Only after this point is achieved we are willing to involve every other aspect.

For the first month of our operation (BETA phase) we are going to focus on the basics.

The main attributes of the service are going to be the following:

   Crypto-crypto transactions
   Web-platform (The most widespread amongst crypto traders)
   A general trading fee of 0.1% (which can be reduced or utilized in many ways)
   High transaction speed, more than 1,000,000 orders per second.
   30+ listed coins/tokens
   BTC, ETH and USDT pairs
   Cold wallets, 2FA and Multi-Signature technology implemented

After the BETA phase we will implement:

   a Referral System
   a Crowdsourcing and Crowdvoting system
   a PoS coin distribution system
   a Trade-based fee reduction system

Options for improvement in an already well-established system:

   Android and iOS mobile apps
   Fiat-Crypto options
   Margin trading
   Futures trading
   OTC trading
   Decentralized solutions

Token

Cazaar token (CZAR) is a crypto asset emitted by Cazaar using ERC20 as technical standard.
The most important role of the token is to fund the launch of the exchange while being as beneficial for the investors as possible.

CZARs can be:

1. used to participate in the crowdsourcing and decision making for free. (in case you have at least 100 CZARs on your balance)
2. exchanged for other crypto assets after the Cazaar Exchange launch.
3. sold to the Company (Us) at the monthly buy ups.
4. a way for projects to get listed on the exchange at a 20% discount. (If they wish to pay their listing fees in CZARs)

The price of one CZAR token is US $0.25. The total token supply will be 12,000,000 CZAR.
Any tokens that have not been sold during the crowdfunding campaign will be destroyed.

Token distribution:

100% of the tokens are distributed to and in the hands of the investors.

Repurchasing Plan and Token burn:

Every month, Cazaar will spend 10% of its profits to buy back and destroy CZAR tokens. Thereby increasing the value of the remaining tokens.
Eventually 100% of the tokens will be bought back!

Token Generation Event Terms:

   Total Tokens Supply 12,000,000 CZAR
   Soft Cap 3,000,000 CZAR ~ 750,000 USD
   Hard Cap 12,000,000 CZAR ~ 3,000,000 USD
   To create CZAR tokens, we will use Ethereum-based smart contracts.
   The base price of 1 CZAR token will be 0.25 USD.
   CZAR tokens can be purchased with ETH and BTC.
   Token sale starts: 30 Nov. 2018 – 9:00 AM, CET – Central European Time
   Token sale ends: 15 Jan. 2019 - 11:59 PM, CET – Central European Time

Fund distribution:

5% - Marketing and Advertising Expenses
10% - Reserve Funds
15% - Human Resources and Operational Costs
70% - Equipment and Development (Fast Transaction Speed, High End Security System and Solutions)

Roadmap

November 30 - January 15
Fundraising

January 15 - January 29
Distribution of tokens (You can choose to get them on your ETH wallet or they will stay on your exchange account.)

January 15 - April 05
Development of the Exchange

April 05 - May 06
BETA phase, the tokens are already tradable at this point.

May 06 -
Fully operational platform (Launch of Referral System, Crowdsourcing etc.) and constant improvements

Note: We don't have to revolutionize the industry to be successful for the investors or as a company. The daily trading volume of crypto assets is around $15-20 billion. It's enough for us to take 0.1% (which is not unachievable) out of the pie in order to provide serious profits for our investors.

$20 billion * 0.001 = $20 million (our daily trading volume)

$20 million * 0.001 = $20,000 (our daily revenue)

$20,000 * 0,1 = $2,000

$2,000 * 30 = $60,000 (monthly amount we can spend on buying back CZARs, 8% of the Soft Cap => 96% in a year)

These simplified calculations are to demonstrate a currently realistic scenario. We can't guarantee these results!

Website | White Paper

To end this post, we would like to ask a question from those who are asking us the following one:
“From all the exchanges, why are you the special one?”

Would you not use our service with all the profitable terms we provide,
and with all the bigger crypto assets as well as most of the new crypto projects listed on the platform?

Topic: [ANN][ICO] 🔥🔥🔥 Cazaar - Crypto Exchange Tailored With And For You! 🔥🔥🔥 - page 4. (Read 1186 times)