ICO Review: CryptoSouk Project

-

OverView:

Crypto exchanges are daunting for the uninitiated. Poor design, unintuitive interfaces, off-putting technical jargon. It’s little wonder that so many people choose to hold onto their cryptocurrencies through good times and bad rather than navigate the maze of the average exchange site. You would almost believe that some exchanges aren’t interested in new business, preferring instead to greedily maintain platforms that are out of reach for most of us.
We believe that there is a unique opportunity to focus a centralized cryptocurrency exchange on the Middle East and the Arabic language. We also believe that bringing long term foreign exchange operations, trading, and market making experience if required to create deeper liquidity and understand the business of exchanges – a place where many new entrants do not have expertise. In the Middle East, there are both larger traders and investors that expect a higher level of customer service and are not interested in the finer details of private key custody. They instead want to partner with trading platforms that have the security expertise, are local to the region, and speak their language so that they can participate in this burgeoning economic phenomenon and not the technical minutiae. We have brought together a team that includes both global and regional forex trading experience and technologists and security experts that can deliver on the unique Arabic language opportunity. We are offering a launched platform in the region that offers trading in Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero initially. We anticipate that our efforts to promote this coin offering will also help us acquire new customers for the exchange as well.

CryptoSouk Features:

  • Multiple Trade Views: Multiple views including price chart, depth chart, order book and recent trades ticker
  • Plenty of Indicators: 58 available indicators including linear regression curves, moving averages and oscillators
  • Custom Trendlines: Ability to draw custom trendlines, pitchforks and more that scale and move with chart
  • Interactive UI: Ability to customize color and style of bars, borders, wicks, price lines, backgrounds and grid

CryptoSouk Solution:

Crypto Souk will be a crypto trading platform. The exchange will launch at the start of Q3 2018. At the start, it will have trading pairs, which support Ripple, Dash, Bitcoin, Ethereum, Monero, and Litecoin.
The company has plans to add trading support for other crypto coins after a careful examination. This exchange will also allow account loading by crypto or fiat. The developers have also picked partners, who will help them deliver the exchange, liquidity, and wide array of funding options.
The founders believe that they will continue to grow in the region based on various competitive factors. First, they will allow the transfer of fiat in and out of the exchange in the cheapest way possible. To make this a reality, they will look for partners and tools that can help to lower costs, thus making redeeming or funding via fiat easy and cheap.
Secondly, the founders believe that although not all crypto coins are worth listing, the diversity of trading pairs and crypto assets is important for consumers when picking an exchange. Thirdly, the creators of the exchange believe that great customer service matters. Thus, they plan to make a huge investment in customer service. Lastly, the team’s local knowledge of KYC and AML rules will be an important factor in offering a frictionless user experience.

CryptoSouk Team:

Roadmap:

Token Sales Detail:

Token: SOUK
PreICO Price: 1 SOUK = 0.37 USD
Price: 1 SOUK = 0.5 USD
Platform: Ethereum
Hard cap: 11,000,000 USD
Country: Vincent and the Grenadines
Whitelist/KYC: KYC
Restricted areas: USA, China, Iran, Yemen, Syria
Soft Cap: $1M
Hard Cap: $11M
Pre-Sale Date: July 9 – August 8
Main Sale Date: August 22 – September 21
For more information:
=============================================

Comments

Post a Comment

Popular posts from this blog

Hetachain Project - ICO Review

-
Image
Introduction: Blockchain Technology with its ability to facilitate peer to peer transactions without the need for a third-party intermediary can disrupt many existing centralised systems and applications, especially in the banking and financial service sector. Combined with the power of smart contracts, blockchain technology has the potential to change the dynamics of economies around the world. A genuinely decentralised eco-system would take the control away from a few self-serving entities and restore it back to the masses. Blockchain technology is indeed an innovative innovation in how data is created, shared and edited. But despite that, blockchain technology is currently facing a critical problem about its performance. For this reason, Hetachain proposed to create the latest Blockchain network architecture that would be used very easily, more flexible for users and developers using the blockchain platform that has very high performance. Cryptographic Algorithm Using ECDSA (
Read more

Stoby Project - ICO Review

-
Image
Introduction: Stoby is the first job platform directly targeting the student community, completely rethinking and simplifying the way students find jobs.. Stoby sells free time to busy people and gives students the opportunity to benefit from additional income. We are the first job platform directly targeting the student community, completely rethinking and simplifying the way students find jobs. With the ICO, we are bringing Blockchain technology on our P2P platform to ensure transparency, trust, and traceability. Paid in tokens (STB), students will earn more and be able to spend their earnings on campus and with partners. Ultimately, we are building a network of millions of students gathered around a strong community and a unique currency, the STB. While on the other hand individuals of the so-called senior executives category, representing people well established in their professional life, have little free time and try to free themselves from many routine tasks such as hous
Read more

Review Dove Network Project

-
Image
OverView: Dove Network is a global and decentralized platform, used to manage the points are cumulative and loyalty programs. Analyze a large number of loyalty programs from the use of different points, which the developer did not find a good application. This leads to direct damage to users, as well as loyalty programs are not successfully implemented and increase company liabilities. The Dove Network team tries to bring the Internet to all humans on planet Earth. In the 21st century, access to the Internet is a basic necessity, but there are still billions of people in the world without the internet. Dove works under the idea that every human being on earth should have the Internet. We will not rest until they do it. “The right to the internet or” freedom of connection “is a 15-year-old movement, and for over a decade the giant company has planned to cover the planet with stratospheric balloons, nanosatellites and other global forces.The status quo has not change
Read more