Adab Solutions (ADAB)
Adab Solutions (ADAB)
Adab Solutions is developing the first Islamic Crypto Exchange(FICE), based on the norms of Shariah.
To achieve this they will get rid of speculative transactions, margin trading and other operations which aren´t compatible with the Islamic ethics. This might sound crazy on the first glance but knowing that the Islamic finance sector is growing 12% per year, and the Muslim Ummah(Muslimic Community), which represents 22% of the world´s population and is until now somehow bootstrapped due to their ethic, it sounds even crazier to exclude this community, 1.8 Billion people, from the cryptocurrency market. Islamic financial assets have a value of 2 trillion USD and Adab Solutions will open the door for this capital to enter the market.
Adab Solutions aim to bring norms, which often are forgotten when money is involved, like humanity, courtesy and good manners back into the industry and create new ethical standards.
Thus, on FICE there will be no projects related to gambling, usury, immoral services, production of alcoholic beverages and tobacco products, nor financial pyramid systems available. These exclusions are not just due to religious reasons, excluding this projects from the exchange also higher the quality of the available assets.
Their Pre-Sale with a $100 minimum investment will start on the 6th of September 2018. You can put yourself on the whitelist through their website: https://ico.adabsolutions.com/user/login
Documents:
** Whitepaper** — Adab Solution Whitepaper: https://adabsolutions.com/pdf/WhitePaper_of_ADAB_Solutions.pdf
Additional links:
Website — https://adabsolutions.com/
Telegram — https://t.me/Adabsolutions
Facebook — https://facebook.com/adabsolutions
Twitter — https://twitter.com/AdabSolutions
Reddit — https://reddit.com/r/adabsolutions/
Github — https://github.com/adabsolutions
Bitcointalk — https://bitcointalk.org/index.php?topic=4720775
YouTube — Adab Solutions YouTube channel: https://www.youtube.com/channel/UC7nrJoeQUbC5cxmI1j5Hu8A
Medium — https://medium.com/@adabsolutions
ICO-Dates:
Symbol: ADAB
Token type: ETH (ERC20)
ICO Price: 1 ADAB = 0.1 USD
Min purchase: 100 USD
Total supply: 480.000.000 ADAB
Available supply: 345.000.000 ADAB
Soft cap: 2 500 000 USD
Hard cap: 18 700 000 USD
ICO Start date: 6th of September 2018
Their Pre-Sale with a $100 minimum investment will start on the 6th of September 2018. You can put yourself on the whitelist through their website: https://ico.adabsolutions.com/user/login
Our Score: 4.25/5
This project has the potential to make big waves. There are over 250 crypto exchanges on the market but until now ZERO which correspondence with the Islam. On the other hand, there are millions of Muslim people hesitantly approaching the crypto market. Keeping this in mind there is a demand for this project and ADAB could be a big player with the first mover advantage.
However, while they have a strong Team and an impressive Advisory board, there is not much of experience in the crypto world, so it will be interesting to see how they adapt to this environment. Also, there are some difficulties to understand all of their aims as non-muslim, so we would like to have a more precise presentation of their goals and changes they plan to implement to make FICE a halal exchange.
Nevertheless with the high demand for this type of project and we can see them succeeding in the market.
Promotional video:
Adab Solution Introduction Video