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Topic: 💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰 - page 50. (Read 29659 times)

newbie
Activity: 28
Merit: 0
newbie
Activity: 34
Merit: 0
Will you have exchange machines also?
newbie
Activity: 37
Merit: 0
CRYPTOSOUK, offers the best digital asset exchange focusing on the needs of novice traders, professional traders, and digital currency experts.

Ok so in short, all sorts of trades Smiley
newbie
Activity: 65
Merit: 0
What will be the main purpose of your SOUK token?

Tokens will be utilized in three primary ways:
1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at
least 30%. We reserve the right to create special promotions and windows where token
discounts on fees will be higher for a period of time, but they will always be worth a
discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an
additional discount applied to the general fee discount.
2. Tokens will be the method of payment for the listing of new asset pairs from projects that
also meet our diligence review for soundness.
3. 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.


They will be only usable on cryptosouk exchange?

Sure for different activities Smiley
newbie
Activity: 56
Merit: 0
Do you have any big partners/investors lined up?


Of course, we have a joint Venture with Kuwait Partners, you can find more about it in the WP : https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf page 8. For other partnerships, we will update you through our telegram channel and other social media channels.

Ok great,gonna check it a bit more then.
newbie
Activity: 126
Merit: 0
What will be the main purpose of your SOUK token?

Tokens will be utilized in three primary ways:
1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at
least 30%. We reserve the right to create special promotions and windows where token
discounts on fees will be higher for a period of time, but they will always be worth a
discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an
additional discount applied to the general fee discount.
2. Tokens will be the method of payment for the listing of new asset pairs from projects that
also meet our diligence review for soundness.
3. 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.


They will be only usable on cryptosouk exchange?
newbie
Activity: 238
Merit: 0
CRYPTOSOUK, offers the best digital asset exchange focusing on the needs of novice traders, professional traders, and digital currency experts.

Thank you!
newbie
Activity: 98
Merit: 0
CRYPTOSOUK, offers the best digital asset exchange focusing on the needs of novice traders, professional traders, and digital currency experts.
newbie
Activity: 238
Merit: 0
What will be the main purpose of your SOUK token?

Tokens will be utilized in three primary ways:
1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at
least 30%. We reserve the right to create special promotions and windows where token
discounts on fees will be higher for a period of time, but they will always be worth a
discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an
additional discount applied to the general fee discount.
2. Tokens will be the method of payment for the listing of new asset pairs from projects that
also meet our diligence review for soundness.
3. 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.
newbie
Activity: 238
Merit: 0
Do you have any big partners/investors lined up?


Of course, we have a joint Venture with Kuwait Partners, you can find more about it in the WP : https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf page 8. For other partnerships, we will update you through our telegram channel and other social media channels.
newbie
Activity: 131
Merit: 0
What will be the main purpose of your SOUK token?
newbie
Activity: 56
Merit: 0
Do you have any big partners/investors lined up?
jr. member
Activity: 185
Merit: 1
What will be the price of 1 SOUK during presale?

during the pre-sale the price will be $0.375, meaning a 25% discount. you can find more in the WP page13 : https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf

Pretty high starting price.

It is not that high if you think about it.This is an exchange and those tokens always have a solid value.
newbie
Activity: 224
Merit: 0
When you say middle east, what do you mean by it?

Will you have some special benefits for the middle east?

I think that headquarters will be there and thats it,of course they will aim worldwide,

Yeah there will probably be a lot of regional offices.

Having a lot of offices these days is impractical and it raises the cost of running the business.Most companies are switching to have online teams working from home and for crypto this should be a norm.It offers much more advantages then having multiple offices all over the place.
newbie
Activity: 166
Merit: 0
The project is really good. The roadmap is fantastic. The team is also nice. What is the token price?

Thank you for those wonderful comments! Token price for Main Sale - $0.50
And the price for pre sale?

As stated in the whitepaper, it's at $0.35. Please don't forget to do your due diligence, and check out the Whitepaper

Do you eventually plan on spreading to other regions other than the middle east?

With the team's expertise in the midde-east, they see value in offering a high standards exchange platform in this region as an entry point to build the business. However this approach doesn't limit itself to just the middle-east, and will help CryptoSouk to help grow into other regions as well.

It is a good place to start from there as there is not much competition if any at all.

No competition and a lot of money in that region waiting for something new to play with Cheesy
newbie
Activity: 211
Merit: 0
The project is really good. The roadmap is fantastic. The team is also nice. What is the token price?

Thank you for those wonderful comments! Token price for Main Sale - $0.50
And the price for pre sale?

As stated in the whitepaper, it's at $0.35. Please don't forget to do your due diligence, and check out the Whitepaper

Do you eventually plan on spreading to other regions other than the middle east?

With the team's expertise in the midde-east, they see value in offering a high standards exchange platform in this region as an entry point to build the business. However this approach doesn't limit itself to just the middle-east, and will help CryptoSouk to help grow into other regions as well.

It is a good place to start from there as there is not much competition if any at all.
newbie
Activity: 168
Merit: 0
When you say middle east, what do you mean by it?

Will you have some special benefits for the middle east?

I think that headquarters will be there and thats it,of course they will aim worldwide,

Yeah there will probably be a lot of regional offices.
newbie
Activity: 212
Merit: 0
When you say middle east, what do you mean by it?

Will you have some special benefits for the middle east?

I think that headquarters will be there and thats it,of course they will aim worldwide,

Most likely just a targeted market to start from.
newbie
Activity: 126
Merit: 0
When you say middle east, what do you mean by it?

Will you have some special benefits for the middle east?

I think that headquarters will be there and thats it,of course they will aim worldwide,
newbie
Activity: 182
Merit: 0
If this is for middle east only, could people from other countries even join?

Im sure eveyrone will be able to use the exchange

Yeah, I don't have any doubts also.
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