CRYPTO SOUK

kitanodebunmi (36)in #cryptosouk • 6 years ago

Cryptocurrency has and would forever be a revolution of technology. Cryptocurrency currency was introduced to the world in 2009 with the creation of "Bitcoin". Bitcoin was created following the creation of several other cryptocurrencies and other digital assets.
Due to the global adoption barrier cryptocurrencies face with the traditional financial ecosystem, exchange platforms were created. Exchange platforms are platforms in which cryptocurrencies and other digital assets can be exchanged for Fiat currencies or traded for other cryptocurrencies.

The creation of Bitcoin opened the eyes of investors to various investment opportunities and with time the number of cryptocurrency investors and traders kept increasing as more poeple got introduced to the crypto world. Various exchange platforms are built putting in mind the various language barriers but most of these exchanges are yet to focus on the language of Arabic and the middle east.

The trading of cryptocurrency is not as easy as it sounds, it requires the knowledge of various trading tools and a vast understanding of the cryptocurrency market so as to efficiently trade, increase profits and reduce losses. For cryptocurrency exchange platforms to thrive, a huge number of big investors is needed and the middle East is a really good target market. Most existing exchange platforms actually suffer from lack of liquidity due to the low influx of cryptocurrency traders and investors.

The CryptoSouk is a new cryptocurrency trading platform that thrives to address various impending downsides of existing exchange platforms some of which are liquidity, being one of the major issues of exchange platforms globally and the availability of various funding options.
The CryptoSouk platform would focus on the inexpensive transfer of Fiat currencies in and out of the platform while focusing on native Fiats like Dinars, Dirhams, Riyals and Dollars.
Most traders and investors take note of the diversity of trading pairs and assets while making a choice of exchange platform, the team behind the CryptoSouk understands this and plans on ensuring diversity with trading pairs and other digital assets while also taking note of the assets being listed. One major factor the team behind CryptoSouk would put into consideration is the availability of effective customer support; it is inevitable for traders and investors to need the help of the customer support team of exchange platforms and the CryptoSouk team understands this perfectly and as such would factor in the availability of superb customer support personnels that would be able to communicate effectively and efficiently even with traders and investors in the middle East.

CryptoSouk is an exchange platform built with the ultimate satisfaction of cryptocurrency traders and investors as the top priority. Digital trading on the platform would be made completely secure, fast and really simple without any form of complexity to accommodate new cryptocurrency traders while being of standard to experienced traders and investors as well.
CryptoSouk factors in and capitalizes on offering high levels of liquidity, support in Arabic and adding native Dirham trading pairs which would invariably attract a huge number of local traders and investors.

CryptoSouk Token.
The token symbol is SOUK which is an ERC20 standard token on the ethereum blockchain with a total supply of 52,000,000 SOUK.
The softcap is set at $1,000,000 and the hardcap at $10,000,000.
Presale token price is set at 1 SOUK=$0.375
Main sale token price is set at 1 SOUK=$0.5

The token would be distributed as follows:
50% would be allocated to the public, 20% for initial investors and team.
5% would be allocated to the bounty campaign, 20% would be set aside as company reserve, 1% for airdrop and 4% for advisors.

The funds generated from the tokensale would be allocated as follows (assuming hardcap is reached):
20% goes to marketing and community, 15% for market liquidity, 25% for product development and 40% for legal and licensing.

CryptoSouk Roadmap.
Q2 2018
-Beta launch Exchange- SV
-Joint venture with Kuwait partners.
Q3 2018
-ICO private sale- Malta
-Live exchange launch- SV
-Launch SOUK token on our exchange.
-Open listing of new tokens.
-System upgrade to permit fees paid in SOUK.
Q4 2018
-ICO presale (or main sale)
-Malta crypto exchange licensing.
-Develop proprietary liquidity.
Q1 2019
-ADGM FSRA OCAB licensing.
-Release mobile app.

Team and Advisors.