CRYPTO SOUK - Your Gateway To The Crypto World

CRYPTO SOUK - Your Gateway To The Crypto World

TheMichaelMatch

Hi friends, let me let you in on an incredible news, it’s CRYPTO SOUK - Your Gateway To The Crypto World!!!

PREAMBLE

With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve. While this revolution is gaining wide acceptance, Crypto souk, an exchange that combines versatility and reliability, and aims to make it easy for everyone to exchange and trade digital assets (passwords) has arrived.

Now that I have your attention, let’s get right to it.

What exactly is CRYPTO SOUK?

CryptoSouk is a platform that aim to build the next-generation digital assets exchange that caters to the needs of traders of all skill levels by making digital coins accessible to all. Furthermore, CryptoSouk want to build a system that will enhance quick trade executions, low transaction fee, great customer service, fair pricing and endless improvements.

Cryptosouk is created because in the Middle East Countries, there are many big traders and investors who expect a higher level of customer service and are not interested in better detail of personal key prisoners.

CryptoSouk will create a sustainable, more efficient Platform / Solutions solution, this platform will be combined with a strong understanding of the ecosystem of financial exchange - a place where many newcomers have no expertise.

The Vision

The vision is to build the next generation digital asset exchange for traders of every skill level with the aim of making digital currency trading accessible to everyone. They are devoted to enhancing the customers’ trading experiences with quick trade execution, fair pricing, world-class customer service, endless improvement and limitless creativity.

The Problem

Buying, selling, holding and trading cryptocurrency is hard. They are excited about the various new decentralized exchange ideas being developed but they often suffer from a severe lack of liquidity and market making. In the middle east, however, they think that more active traders and investors are looking for a higher touch, and easier to use trading partner that more matches their existing expectations of participating in financial markets. The customers also want to know that there are local people in the region that they can reach out to who speak their language and understand their customs.

The crypto exchange market is growing at a very high rate. One of their swap competitors, Binance, announces that they have gained over 250,000 new customers in one day.

Coinbase has over 20 million accounts and 52 million tokens managed in May 2018.

The top 10 cryptoes in the world are on track to generate more than $ 1 billion dollars in costs each year according to 3. Bloomberg's analysis of the market.

The overall size of cryptocurrency marketing grows exponentially with strong signs underlying the expected fundamental ratios.

Worldwide exchange opportunities to gain market share in fast-growing markets are hard to understand.

The Solution

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. The exchange also allows for account loading by cryptocurrency or fiat payments. Based on the founding teams expertise, they have chosen partners to help them deliver both the exchange platform, liquidity on our exchange and a breadth of funding options.

The Marketing plan is to employ regional experience by directing localized unique digital marketing content via the most optimized channels as well as focusing on education in Arabic as simple yet effective content delivery is few and far between today. The appreciation of Arabic high context societies will contribute heavily in their mission to create a significant engaged community which forms the backbone of any crypto related product, project or venture.

In-line with industry-wide best practices for digital marketing, the marketing spend will be allocated to two distinct mediums:

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.

The 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.

The Technology

The 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. They have built the best digital content exchange by focusing on the needs of professional traders and digital currency professionals.

They 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.

Token Sale and ICO Details

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.

Token Details

Token Type : ERC20

Token Name : Souk

Token Ticker : Souk

Token Price : @ $0.50

Pre-Sale

$0.375

25% Discount

Soft Cap - $1M

Launch Date - July 9th 2018

Duration - 30 Days

Main Sale

$0.5

Hard Cap - $11M

Launch Date - August 22nd 2018

Duration - 30 Days

Token Distribution

Use Of Proceeds

There will be 52,000,000 SOUK tokens created at $0.50 each. Assuming the Hard Cap is reached, the token distribution shall occur as per below:

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 Pre-sale (or Main sale)

Malta Crypto Exchange Licensing

Develop proprietary Liquidity

Q1 - 2019

ADGM FSRA OCAB Licensing

Release Mobile App

Meet The Amazing Team

David Dubrulle

Co-founder and CEO

A businessman with 20 years experience across Europe and the Middle East with expertise in Investment Banking, Corporate Finance, Investment Advisors, Capital Market Guarantee and Corporate Investment Planning.

Gene Hoffman

Co-founder, Member of the Board

Experienced businessman and former NASDAQ CEO. Currently serving as an advisor for Chia Network, as well as temporary board and CTO for AEToken.io.

Richard D'Souza

Operations Manager

Richard spent 10 years as CEO with one of Kuwait's leading financial services companies. He has a total of 21 years of experience working in the Sales / Operations Department and established two financial services companies in Kuwait.

Basil Abusaada

Customer Support

Basil is currently the CEO at JM Financial Brokerage Services Co. Kuwait, where he has been working since 2016. Basil has excellent customer service, sales and communication skills.

Counselor

Rob Viglione

One of ZenCash's founders and president of the Zen Blockchain Foundation. His expertise includes the frontiers of blockchain technology and cryptoeconomics, and is an industry leader and a proponent of blockchain selection and community startup efforts.

Andrew Bates

International Private Banking has over 26 years of experience in six continents consulting on asset management, asset management, lending and business platform, along with the building and operation of teams. High performance

Morten Christensen

Morten Mortgage Advisor has been involved in all kinds of electronic money since early 2013, or as a trader, exploit or launch another Crypto launch. His latest venture, AirdropAlert.com, has given him the opportunity to work with over 30 previous ICO phases.

Marco Calicchia

Marco is the CEO and founder of MaZee, the leading ICO community marketing and communications agency. He is an ICO consultant and Blockchain has experience with over 25 ICO portfolio, including clients such as Experty, Remme and Open Platform.

Valtteri Serimaa

Valtteri founded icotokennews.com and Digital Assets Ltd., an online marketing company for ICO. Before entering the cryptographic space, Valtteri has managed various online marketing agents.

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

For more information, please visit:

WEBSITE: https://cryptosouk.io/en/ico

TELEGRAM: https://t.me/cryptosouk_community_en

WHITEPAPER: https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf

ANN THREAD: https://bitcointalk.org/index.php?topic=4515317

FACEBOOK: https://www.facebook.com/CryptoSouk.io

TWITTER: https://twitter.com/CryptoSouk

MEDIUM: https://medium.com/@cryptosouk

REDDIT: https://www.reddit.com/r/CryptoSouk/

LINKEDIN: https://www.linkedin.com/company/cryptosouk/

YOUTUBE: https://www.youtube.com/channel/UCLUcPnbxnzdyaeQzDxYyw1w/UCLUcPnbxnzdyaeQzDxYyw1w

INSTAGRAM: https://www.instagram.com/cryptosouk/

GITHUB: https://github.com/CryptoSouk

Author: TheMichaelMatch

My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035

 

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.

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