Pages:
Author

Topic: 💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰 - page 3. (Read 29610 times)

sr. member
Activity: 2254
Merit: 258
I'm glad to be in this project, this is going to be another successful ICO in the making the way things are going on right now, with the updates and how the dev team are answering those queries, even though we have a very long bearish market I am confident this one is one of the exception.
newbie
Activity: 238
Merit: 0
If this is for middle east only, could people from other countries even join?

Yes you may join even for other countries 😊
newbie
Activity: 65
Merit: 0
Hey. what do you mean by transparency and what kind of benefits it give to your clients?

Every one in the community can be part of the business process and that means the clients have the benefit of knowing what goes on in the networks

Best regards
Em Ng
MazeeCm
newbie
Activity: 126
Merit: 0
Hey. what do you mean by transparency and what kind of benefits it give to your clients?
newbie
Activity: 238
Merit: 0
Dear valued community,
We have made the decision to extend our public pre-sale until 9pm GMT on Nov 6th, 2018.

https://medium.com/@cryptosouk/pre-sale-extention-923b4780ef99
copper member
Activity: 168
Merit: 0
newbie
Activity: 238
Merit: 0
How about unsold token ? and do you have any policy on using the profit to buy back your coin when its listed?


Yes, we actually do have a policy for this!

The company can re-acquire and burn all 56 million tokens originally issued.

To expound on that further, the company will, after $1,000,000.00 in initial profit as calculated under standard IFRS rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn SOUK tokens from the market in the current quarter. The company has the right to purchase tokens before the $1 million milestone and can, at its option, acquire more than the required 20% in any given quarter at its sole election. The company will continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens. However, the company, at its sole discretion, can re-acquire and burn all 56 million tokens originally issued.


Seriously? Can re-acquire  ALL the tokens? Wouldn't this be impossible as the token price grows while the supply decreases? Or have i missed out something?

Yes , you just read it right. CryptoSouk can re-acquire and burn all 56 million tokens originally issued.
legendary
Activity: 2884
Merit: 1137
Leading Crypto Sports Betting & Casino Platform
How about unsold token ? and do you have any policy on using the profit to buy back your coin when its listed?


Yes, we actually do have a policy for this!

The company can re-acquire and burn all 56 million tokens originally issued.

To expound on that further, the company will, after $1,000,000.00 in initial profit as calculated under standard IFRS rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn SOUK tokens from the market in the current quarter. The company has the right to purchase tokens before the $1 million milestone and can, at its option, acquire more than the required 20% in any given quarter at its sole election. The company will continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens. However, the company, at its sole discretion, can re-acquire and burn all 56 million tokens originally issued.


Seriously? Can re-acquire  ALL the tokens? Wouldn't this be impossible as the token price grows while the supply decreases? Or have i missed out something?
newbie
Activity: 238
Merit: 0
How about unsold token ? and do you have any policy on using the profit to buy back your coin when its listed?


Yes, we actually do have a policy for this!

The company can re-acquire and burn all 56 million tokens originally issued.

To expound on that further, the company will, after $1,000,000.00 in initial profit as calculated under standard IFRS rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn SOUK tokens from the market in the current quarter. The company has the right to purchase tokens before the $1 million milestone and can, at its option, acquire more than the required 20% in any given quarter at its sole election. The company will continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens. However, the company, at its sole discretion, can re-acquire and burn all 56 million tokens originally issued.
member
Activity: 308
Merit: 11
How about unsold token ? and do you have any policy on using the profit to buy back your coin when its listed?
newbie
Activity: 65
Merit: 0
When it will be listing?

No comments on listing
Please stay tuned

Best regards
Em Ng
Mazeecm
member
Activity: 66
Merit: 10
newbie
Activity: 238
Merit: 0
Cryptosouk is dedicated to making digital currency trading accessible, fast and truly safe. This platform also focuses on the needs of novice traders, professional traders and digital currency experts.

Thank you so much for the kind words.
newbie
Activity: 98
Merit: 0
Cryptosouk is dedicated to making digital currency trading accessible, fast and truly safe. This platform also focuses on the needs of novice traders, professional traders and digital currency experts.
newbie
Activity: 154
Merit: 0
CRYPTOSOUK, the best digital asset exchange focusing on the needs of novice traders, professional traders, and digital currency experts. Cryptosouk is dedicated to making trading digital currencies accessible, fast and completely secure.
sr. member
Activity: 756
Merit: 269
Cryptosouk: The Best Kept Secret in Crypto
There are plenty of resources that allow insight into almost every available type of cryptocurrency in the market. What’s more is that crypto platforms and exchanges, which have grown exponentially over the past couple of years, still see growth as consumer awareness slowly spreads. Couple that with new ICOs that are persistently introduced daily, then there will be an unlimited influx of data, publication and offerings that will flood a potential investor’s mind. So much that having considered too many options in such little time and experience is already a mind-numbing experience for anyone trying to master the arts of crypto management.
https://medium.com/@cryptosouk/cryptosouk-the-best-kept-secret-in-crypto-1b9fa75a459c
legendary
Activity: 2884
Merit: 1137
Leading Crypto Sports Betting & Casino Platform
[...]
That's pretty soon then, you have not filled soft cap yet i see, if you are going to run this without soft cap filled, how does that affect on your exchange?
Although the token-sale indicator on the website is not updating properly, CryptoSouk is close to reaching their target goal. It is unlikely the soft-cap will not be met in the presale round. May that circumstance happen, a look will likely be given at the token economics and investment rounds. However this is just speculation, since the expectation is the soft-cap will be met.

The goal is to move towards the Demo going live after the soft cap. With a 14k userbase on our demo platform, the referral system going active and the direct Crypto to FIAT pair trading CryptoSouk is ready to go!

Glad to hear that, i was just staring and that token-sale indicator. It didn't even cross my mind that it wouldn't be working. But thanks for letting me know. It's pretty comforting.
newbie
Activity: 49
Merit: 0
[...]
That's pretty soon then, you have not filled soft cap yet i see, if you are going to run this without soft cap filled, how does that affect on your exchange?
Although the token-sale indicator on the website is not updating properly, CryptoSouk is close to reaching their target goal. It is unlikely the soft-cap will not be met in the presale round. May that circumstance happen, a look will likely be given at the token economics and investment rounds. However this is just speculation, since the expectation is the soft-cap will be met.

The goal is to move towards the Demo going live after the soft cap. With a 14k userbase on our demo platform, the referral system going active and the direct Crypto to FIAT pair trading CryptoSouk is ready to go!
legendary
Activity: 2884
Merit: 1137
Leading Crypto Sports Betting & Casino Platform
When will the platform be live?

We are aiming to be live by the 3rd quarter this year. No exact date announced yet 😊
As of now you can try our demo first!

That's pretty soon then, you have not filled soft cap yet i see, if you are going to run this without soft cap filled, how does that affect on your exchange?
newbie
Activity: 238
Merit: 0
This exchange is giving me hope.If they start to add big projects in the future, we can witness the birth of a new Coinex.

Awesome feedback! We appreciate it! ☺️

Kind Regards!
Pages:
Jump to: