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Topic: 💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰 - page 57. (Read 29659 times)

newbie
Activity: 238
Merit: 0
Interesting project, I learned by reading whitepaper first

Thank you for your interest with CryptoSouk and we appreciate that you've taken the time to read our Whitepaper as well!

Our vision is to build the next generation digital asset exchange for traders of every skill level with the aim of making digital currency trading accessible to everyone. We are devoted to enhancing our customers’ trading experiences with quick trade execution, fair pricing, world-class customer service, endless improvement and limitless creativity.

Additionally, you may want to also check and view some of our other useful links that we have for your perusal:

Announcement channel: https://t.me/cryptosouk
Website: https://cryptosouk.io
Bitcointalk:  https://bitcointalksearch.org/topic/m.40654837
Reddit: https://www.reddit.com/r/CryptoSouk
Twitter: https://twitter.com/CryptoSouk
Facebook: https://www.facebook.com/CryptoSouk.io
LinkedIn: https://www.linkedin.com/company/cryptosouk/
Medium: https://medium.com/@cryptosouk
GitHub: https://github.com/CryptoSouk
Whitepaper: https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf



newbie
Activity: 224
Merit: 0
Interesting project, I learned by reading whitepaper first
newbie
Activity: 238
Merit: 0
Vietnamese translation reserved


Bounty campaign not started yet,i think you have to wait for that a bit more.

We will keep you posted once bounty is underway.
You can also join our Announcement channel: https://t.me/cryptosouk

Do you have any info when we can expect bounty campaign to start?

yeah I would like to know that too, bounty could be really good with this project.
Or maybe airdrops,that would be cool too
Airdrops has started.
You can follow the link https://airdropalertblogs.com/f-a-q-exclusive-airdrop-cryptosouk-souk-free-crypto-airdrop-by-airdropalert/ to have more details and the steps to follow.
Bounty Campaign date will be announced soon and we will keep you posted.
You can also join our Announcement channel: https://t.me/cryptosouk
newbie
Activity: 53
Merit: 0
Vietnamese translation reserved


Bounty campaign not started yet,i think you have to wait for that a bit more.

We will keep you posted once bounty is underway.
You can also join our Announcement channel: https://t.me/cryptosouk

Do you have any info when we can expect bounty campaign to start?

yeah I would like to know that too, bounty could be really good with this project.
Or maybe airdrops,that would be cool too
newbie
Activity: 65
Merit: 0
"Certain pre-ICO and early ICO coin buyers will get an
additional discount applied to the general fee discount."
How much will that additional discount be?

Stay tuned for more information on this
newbie
Activity: 212
Merit: 0
Vietnamese translation reserved


Bounty campaign not started yet,i think you have to wait for that a bit more.

We will keep you posted once bounty is underway.
You can also join our Announcement channel: https://t.me/cryptosouk

Do you have any info when we can expect bounty campaign to start?

yeah I would like to know that too, bounty could be really good with this project.
newbie
Activity: 158
Merit: 0
"Certain pre-ICO and early ICO coin buyers will get an
additional discount applied to the general fee discount."
How much will that additional discount be?
newbie
Activity: 238
Merit: 0
No, The discount percentage will not exceed 30%.

Regards
MaZeeCM
newbie
Activity: 163
Merit: 0
What will be the main purpose of SOUK tokens?

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.
will the discount exceed 30%?
newbie
Activity: 294
Merit: 0
What is the minimum amount needed to invest in order to join the presale?



Minimum amount needed to join the sale is 100 SOUK tokens, while maximum is 1 million SOUK tokens.

I think that base price during presale is 0.35 USD and 0.50 USD during main sale. Someone correct me if I'm wrong.

Yes you are correct.Private/Pre-Sale - $0.375 (25% discount) - Soft Cap @ $1M
- Main Sale - $0.50 - Hard Cap @ $11M

It is quite a low soft cap which is weird for me since this project has a really good team and I believe soft cap should be a bit higher, but at least we can be sure with this low soft cap that this project will happen for sure.
when does the presale start?
newbie
Activity: 308
Merit: 0
Vietnamese translation reserved


Bounty campaign not started yet,i think you have to wait for that a bit more.

We will keep you posted once bounty is underway.
You can also join our Announcement channel: https://t.me/cryptosouk

Do you have any info when we can expect bounty campaign to start?
newbie
Activity: 238
Merit: 0
Vietnamese translation reserved


Bounty campaign not started yet,i think you have to wait for that a bit more.

We will keep you posted once bounty is underway.
You can also join our Announcement channel: https://t.me/cryptosouk
newbie
Activity: 238
Merit: 0
This is very good ICO, I will invest in this project

Thank you for the awesome feedback Smiley
newbie
Activity: 238
Merit: 0
Will we get SOUK from exchange by trading, like percentage of amount of trading volume we do maybe?

You won’t be getting Souk by trading but you can use Souk to get discounts on your transaction fees! Hope it helps

So it will be something like bnb coins that binance has?

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: 126
Merit: 0
Vietnamese translation reserved


Bounty campaign not started yet,i think you have to wait for that a bit more.
member
Activity: 322
Merit: 10
What is the minimum amount needed to invest in order to join the presale?



Minimum amount needed to join the sale is 100 SOUK tokens, while maximum is 1 million SOUK tokens.

I think that base price during presale is 0.35 USD and 0.50 USD during main sale. Someone correct me if I'm wrong.

Yes you are correct.Private/Pre-Sale - $0.375 (25% discount) - Soft Cap @ $1M
- Main Sale - $0.50 - Hard Cap @ $11M

It is quite a low soft cap which is weird for me since this project has a really good team and I believe soft cap should be a bit higher, but at least we can be sure with this low soft cap that this project will happen for sure.

Yeah i think its a good thing,i definitely prefer over having soft cap too high.
newbie
Activity: 25
Merit: 0
This is very good ICO, I will invest in this project
newbie
Activity: 126
Merit: 0
Will we get SOUK from exchange by trading, like percentage of amount of trading volume we do maybe?

You won’t be getting Souk by trading but you can use Souk to get discounts on your transaction fees! Hope it helps

So it will be something like bnb coins that binance has?
newbie
Activity: 19
Merit: 0
Vietnamese translation reserved
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