CRYPTO SOUK - Reliability combined with a rich array of features
We believe that there is a unique opportunity to focus on centralized exchange of currencies in the Middle East and Arabic. We also believe that major operations for trading, and the experience of making business if necessary to create a deeper and unusable. In the Middle East, there are many wholesalers and investors who want a higher service and are not interested in better detail of private key prisoners. They also want to partner with trading platforms that have culture, allow for the region, and change their language. They can be involved in this growing economic phenomenon and not technical. We've brought together a team of forex and regional and technology experts and experts who can provide a unique Arabic language. We offer platforms launched in the region that offer trade Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero at first. We anticipate that we will be able to offer this coin will also help us get new customers for the exchange as well.
Swarm is a platform of complacent possession that goes to real assets. Swarm plays a vital role resembles the bridge over the sea. It connects with the crypto souk to real assets, as well as the global elder bankroll to swarm funds.
Through real-asset-backed cryptography tokens, Swarm Fund is designing an exclusive souk infrastructure model to allow the en-route user to invest cryptographic assets hooked to real assets as well as deploy traditional capital addicted to the real souk in a novel way. Through the Swarm road and rail network, investors can design and operate the asset-backed tokens along with the chip in the inflow formation complex. With the Swarm dais there are no problems to implement resources that will be hooked to real assets through the blockchain supremacy.
The Swarm platform creates money. Swarm's main initiative is on track to democratize the economy. These profits allow each and every one of the population to share the best offers and perspectives, not just those that were once rich. Each of Swarm's partners' finances reimburses a use payment destined to the platform in which the population can make a decision on how to proceed to divide up.
Swarm's funding Pool
Swarm is Superior because it moves away from the conventional ICO model. Swarm is the deployment of investments linked to real assets with the supremacy of blockchain.
Market
CryptoSouk has launched a cryptocurrency trading platform from ST Vincent & the Grenadines and Kuwait. The exchange shall be launched at the beginning of Q3 2018 with trading pairs supporting Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero. The company plans to continue to add trading support for additional crypto assets that the company feels exceed certain diligence minimums. Our exchange also allows for account loading by cryptocurrency or fiat payments. Based on the founding teams expertise, we have chosen partners to help us deliver both the exchange platform, liquidity on our exchange and a breadth of funding options
The CryptoSouk Referrals program is designed to generate viral growth, and be particularly appealing to both our clients who can use their inner circles and to Influencers who can use their high
profile social media accounts to publicize CryptoSouk.
TECHNOLOGY
Our technology is oriented towards simplicity, security, and reliability to support a rich array of features. Top of the line trading UI - CryptoSouk is a premier trading and financial technology company. We’ve built the best digital asset exchange by focusing on the needs of professional traders and digital currency experts. We are dedicated to making digital currency trading accessible, fast and totally secure.
• Enterprise matching engine with execution ability of 1 Million transactions persecond
• Native Charting
• Advanced APIs to access or provide liquidity to others
• Multiple integration ability for KYC/AML, Banking/PSPs
• 20+ order options including but not limited to; FILL or KILL, IOC, STOP, LIMIT, etc.
• Interoperability with Traditional and DLT infrastructure
• Institutional Grade Security combined Cold/Warm/Hot Wallet rule based systems
TOKEN
The token will be and ERC20 token on Ethereum called SOUK.
We plan to raise a maximum of $10 million and a minimum of $1 million
There will be 52,000,000 SOUK tokens created @ $0.50 each. Assuming the Hard Cap
is reached, the token distribution shall occur as per below
TOKEN ECONOMY
- 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.
- Tokens will be the method of payment for the listing of 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
Detail Information
Website : https://swarm.fund/
Swarm Blog: https://blog.swarm.fund/
Twitter: https://twitter.com/theswarmfund
Bitocointalk ANN: https://bitcointalk.org/index.php?topic=2159615.0
Author : asyifa
ETH : 0x31E1baB2A252C6096343F7E1F92590CE91BD4024
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