ICO CryptoSouk

With the increasing number of cryptocurrency users as well as developers, a platform to help the exchange between currencies is ideal. This opportunity is an opportunity that CryptoSouk is trying to get a hold off starting by offering a trading platform for Monero, Zcash, Ripple, Litecoin, Dash, and Bitcoin. These cryptocurrencies will be the initial coins to be part of CryptoSouk Platform. In the 3rd quarter of 2018, the exchange is expected to be launched.

CryptoSouk believes that they have the competitive factor to grow in the Middle East. Factors that pertains to the transfer of fiat currency in and out, as well as native to Dinars, Dollars, Riyals, and Dirhams and also the diversity of different crypto assets to be part of the platform became an important aspect that CryptoSouk had given importance. Plus, CryptoSouk aims to add human touch by investing in customer service. To build a better market foundation, CryptoSouk came up with two styles of marketing which are the digital performance marketing channels and the offline marketing.

CryptoSouk's Digital Performance Marketing Channel will utilize the advantage of each of the following channels: Instagram, Facebook, Google's SERP and Display Network, and InMobi. Instagram and Facebook, as both social media, have established users where CryptoSouk can appeal to while Google, on the other hand, has been one of the marketing channels that had been used by a lot of marketers and is proven to be effective. The Offline Marketing of CryptoSouk will include, events like educational seminars as well as with influencers and publishers, timeless style of advertising such as TV editorial, billboards, newspaper, and even sponsored radio ads. Most importantly, CryptoSouk is aiming to do guerrilla marketing which is a must see. Through and through, one way of attracting more users is through another popular method which is referrals. CryptoSouk will offer a referral Program which is popular to different platform these days. The referral program works the usual way, the user will each have their own unique code, now what's interesting is that the referee will get 50% of the referred's transaction fee over the year. The more transaction fees the referred had paid, the more the referee will earn thus the referee will surely try to refer users whom they think would do a lot of exchange or trading. It's important to note that the currency of the referral bonus will be the same as the currency used in the transaction fee and the number of referrals is not limited.

Just like any other cryptocurrency platform, CryptoSouk has its own token named as SOUK. Early users will get to benefit from the use of SOUK by receiving discounts not just in the trading fees but also from other costs. Theses benefits they offer is an important factor in creating a good relationship with their early users who will believe in them. The cryptocurrency market is growing, the need for an effective exchange platform is desired, users are waiting to participate in a hassle-free exchange on a platform that is secured, reliable, and simple and that is where CryptoSouk comes in.

WHY CRYPTOSOUK

Reliability combined with rich features

Enjoy the best digital asset exchange, focusing on the needs of novice traders, professional traders and digital money specialists. We are committed to making digital currency transactions accessible, fast and completely secure.

PROBLEM

Buying, selling, holding and trading electronic money is hard. We are very excited about the new decentralized exchange ideas being developed, but they are often lacking in liquidity and creating markets. However, in the Middle East, we think that more active investors and investors are seeking a higher and easier contact to use a trading partner that is more in line with current expectations.

They when entering the financial market. Our clients also want to know that there are local people in the area where they can reach out to people who speak their language and understand their customs.

The electronic money exchange market is growing at an extremely high rate. One of our competitors, Binance, announced that they have bought over 250,000 new customers in a single day. Coinbase has more than 20 million accounts and 52 million codes are under management since May 2018.2.

To generate over $ 1 billion in annual fees according to Bloomberg analysis on the market. 3 Simply put, the size of the entire electronic money market is growing exponentially with strong signs. of the basic expected basic rate.4 The opportunity to trade around the world to gain market share in a fast-moving market is hard to underestimate.

LIQUID

CryptoSouk launched a trading platform electronic money Vincent & Grenadines from ST and Kuwait. The exchange will be launched in early Q3 2018 with trading pairs supporting Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero. The company plans to continue adding transactional support for additional encryption assets that the company feels beyond a certain minimum.

Our exchange also allows you to download your account by electronic money or fiat payment. Based on the founders' expertise, we chose our partner to help us provide both our trading platform and our range of funding options.

We believe we will be able to continue to grow in the region based on the following competitive factors. First we thought that it was possible to transfer fiat currency into and out as cheaply as possible and originated from Dinars, Dirhams, Riyals and Dollars as possible. To achieve that goal, we plan to invest in tools and partners that can help us reduce costs and make cheap or easy fiat purchases.

Second, we believe that, although not all of the cryptographic assets deserve to be listed on our trading floor, that the variety of trading pairs and ciphers will be one. Important factors that customers will consider when they choose priority exchanges.

Tuesday, We believe that higher touch customer service is very important in this area so we intend to invest in customer service so that we can provide more human touch on the scale while doing Effective and profitable. Last but not least, teams that have localized knowledge of KYC / AML related material will play an important role in providing a unique and frictionless user experience.

The Referrals CryptoSouk program is designed to create the evolution of viruses and is particularly attractive to both of our customers who can use their inner circle and the Influencers can use the resources. Their premium social media to promote CryptoSouk. CryptoSouk has a simple and very useful introduction system.

Each user who has an account on CryptoSouk.Exchange will have their unique referral code that can be shared with others. When another user registers using this referral code, the referee will receive 50% of the transaction fee paid by their referral throughout the year. For example, User A shares their introductory code with User B. User B enters the user's introductory code A when creating a new account.

During the year starting on the creation of User B's account,

CryptoSouk Exchange reserves the right to make any changes to the complete terminal of the referral program at any stage without prior notice.

We plan to use our token to reward our original supporters. Purchasers of SOUK utility tokens will receive a discount on transaction fees and other costs if paid with a SOK Token. Furthermore, we intend to redeem these tokens in the market with a portion of our profits when we make a profit. We think these incentives and rewards match the company with our early supporters and customers.

We plan to use our token as a modus operandi for valuable password asset projects to pay inexpensive fees for our listing fees. We are subject to a number of costs depending on the nature of the underlying encryption asset and the different charges depending on the level of similarity or differentity of each content from the blockchain protocol perspective.

However, we also believe that the listing of deserving projects should not be an excessive profit center as it is of people's interest to see them available to our customers with improved liquidity. . Furthermore, we also expect the upcoming security token wave and are taking steps to prepare our platform from a legal standpoint.

We have selected Malta for our [parent company] and our ICO due to the provisions of the forwarding token of that country and members of the European Union. We are also pursuing a trading license at the Abu Dhabi Global Markets (ADGM), which has offices in Kuwait, our operations are generally held.

Our current licensing status pending the final release of the regulatory framework for ADGM under the OCAB (Active Asset Encryption) and the recent finalization of the Virtual Financial Asset Act Malta. We believe that regulatory certainty will become a more important part of the decision on which exchange clients will entrust their encrypted assets.

TECHNOLOGY

Our technology is aimed at simplicity, security and reliability to support a wide range of features. Leading Transactional User Interface - CryptoSouk is a leading trading and financial technology company. We have built the best digital content exchange by focusing on the needs of professional traders and digital currency professionals.

We are committed to making digital currency transactions accessible, fast and completely secure. • Integration capabilities for KYC / AML, Bank / PSP • More than 20 order options including but not limited to; FILL or KILL, IOC, STOP, LIMIT, etc.

Reliability combined with a rich array of features

Enjoy the best digital asset exchange which focuses on the needs of novice traders, professional traders and digital currency experts. We are dedicated to making digital currency trading accessible, fast and totally secure.

• Native Charting
• Enterprise matching engine with execution ability of 1 Million transactions per second
• Advanced APIs to access or provide liquidity to others
• 20+ order options including but not limited to; FILL or KILL, IOC, STOP, LIMIT.
• Multiple integration ability for KYC / AML, Banking / PSPs
• Institutional Grade Security combined Cold / Warm / Hot Wallet rule based systems
• Interoperability with Traditional and DLT infrastructure

CryptoSouk follows standard security measures and built the best digital asset exchange by focusing on the needs of professional traders and digital currency experts, it can execute 1millon transactions per second, it has advanced APIs to provide liquidity others, Interoperability with Traditional and DLT infrastructure and Institutional Grade Security Combined Cold / Warm / Hot Wallet rule based systems. KYC (Know your customer) / AML (Anti money laundering) these documents can help the users with unique security experience.

TOKEN INFORMATION

Crypto souk also has its own exchange coin. It's named Souk, please find below for the details of this token:

• Token Type: ERC20
• Token Name: Souk
• Token Ticker: Souk
• Token Price: @ $ 0.50

TOKEN ECONOMICS

TOKENS WILL BE UTILIZED IN THREE PRIMARY WAYS:

• 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 30% off. Certain pre-ICO and early ICO coin buyers will get an additional discount applied to the general fee discount
• Tokens will be the method of payment for new asset pairs from projects that also meet our diligence review for soundness
• 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.

ICO

Name of the token: SOUK Token
type: Ethereum ERC20
Price of the token: Advance sale 0.375 $, Home Sale 0.5 $
Soft Cap: $ 1M
Hard Cap: $ 11M
Pre-Sale Start Date: July 9, 2018
Start Date: August 22, 2018

ROADMAP

ICO PROJECT CRYPTOSOUK TEAM :

More information can see link below:

• ★ Web : https://cryptosouk.io/ico
• ★ ANN : https://bitcointalk.org/index.php?topic=4515317
• ★ Whitepaper : https://cryptosouk.io/pdf/whitepaper_v2.pdf
• ★ Twitter : https://twitter.com/CryptoSouk
• ★ Facebook : http://fb.me/CryptoSouk.io
• ★ Medium : https://medium.com/@cryptosouk
• ★ Telegram : https://t.me/cryptosouk_community_en
• ★ Reddit : https://www.reddit.com/r/CryptoSouk/

★Author : Sveta77

★Bitcointalk profile url :

https://bitcointalk.org/index.php?action=profile;u=2002675