Blockchain Compared with traditional database technologies and centralised systems, blockchain implementations can be relatively cheap and require considerably less IT investment to maintain. However, as the technology is still relatively immature, for the time being these savings on the ongoing operational costs may be offset by significant upfront development costs.
One of the platforms adopting the blockchain technology is CRYPTOSOUK a cryptocurrency exchange which aims to solve all the problems faced by cryptocurrency exchanges.
READ MORE ABOUT THE PROJECT.
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.
Buying, selling, holding and trading cryptocurrency is hard. There are 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, we think that more active traders and investors arelooking for a higher touch, and easier to use trading partner that more matches their existing expectations of participating in financial markets. Our customers also want to know that there are localpeople in the region that they can reach out to who speak their language and understand their customs.
The crypto exchange market is growing at extremely elevated rates. One of our competitor exchanges, Binance, announced that they had acquired over 250,000 new customers in a single day. Coinbase has over 20 million accounts and 52 million tokens under management as of May 2018. The top 10 crypto exchanges in the world are on track to generate more than $1 billion dollars in fees on an annual basis according to Bloomberg’s analysis of the market.3 Simply put, the size of the entire cryptocurrency marketing is growing exponentially with strong signs of underlying fundamental expected ratios. The opportunity for exchanges around the world to acquire market share in a fastgrowing market is hard to understate.
CryptoSouk has launched a cryptocurrency trading platform from ST Vincent the Grenadines and Kuwait. The exchange shall be launchedat 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.
Cryptosouk aims 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.
TOKEN ECONOMY
A total of 52,000,000 SOUK will be produced. The token has the ERC-20 standard. Token functions:
1. To early buyers of our tokens we give not less than 30% discount for payment of various transfers, trading fees, in case of payment by TOUK tokens. We will also hold shares for which this discount will be more than 30%;
2. Tokens SOUK will need to pay for the addition of new crypto currency to the platform.
When receiving a steady profit from the platform, the team plans to buy tokens, increasing its liquidity and deficit. Now there is a public sale. Already sold 284.500 SOUK at a price of $ 0.5 per one token. On the pre-sale for $ 0.375.
Token Type : ERC20
Token Name : Souk
Token Price : @ $0.50
Pre-Sale
$0.375
25% Discount
Soft Cap - $1M
Launch Date - July 9th 2018
Duration - 30 Days
CRYPTOSOUK TEAM MEMBERS
OFFICIAL LINKS
Website: https://cryptosouk.io/
WhitePaper: https://cryptosouk.IO/User/Themes/Custo ... epaper.PDF
Ann: https://bitcointalk.org/index.php?Topic=4515317
Telegram: https://t.Me/cryptosouk_community_en
Twitter: https://Twitter.com/CryptoSouk
Facebook: https://www.Facebook.com/CryptoSouk.IO
Reddit: https://www.Reddit.com/r/CryptoSouk
LinkedIn: https://www.LinkedIn.com/Company/cryptosouk
GitHub: https://GitHub.com/CryptoSouk
Medium: https://Medium.com/@cryptosouk
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