Print Page - [ANN][ICO] Cazaar - Crypto Exchange Tailored With And For You!

Cazaar is a cryptocurrency exchange aiming to introduce a customer-oriented approach to the market which is
built on mutually beneficial solutions, fair terms and proper communication between the users and the platform.
Before getting into the details, we would like to point out that we are aware of the current market conditions,
that nowadays it’s hard to gain profits from ICOs or let alone trust them.
For this reason we’ve sought to come up with an investor friendly plan, and a concept that is built on mutual interests.

Most notable aspects of our concept:

Real life use case:
The exchange industry is probably one of the few if not the only
crypto related industry that has brought products to life that are used by millions.
Even in the bear market exchanges are profitable and able to provide benefits for their investors.
Our exchange also has a market gap to fill since many ICOs with thousands of investors can’t get their assets listed on exchanges.
With 2-3 new coins/tokens entering the market on a daily basis, there is still a place for new exchanges to provide a trading platform for these projects.

Investor profitability and involvement in the success:
Unlike many other projects,
we are offering a service that is most likely used by everyone who invests in crypto related startups.
Once contributed, investors can help us to keep their investment on track by using a service they would use anyway.
A service that constantly increases the price of their tokens by using its profits to decrease the circulating token supply.
Other than that, our system offers many options for additional profits or to gain passive income by using features of the service.

The price of the token is not inflated by using common promoting practices just to create bigger hype and raise more money for us:
We don’t offer or give any CZAR tokens for free. There are no bonuses, airdrops or bounties thereby
there is no inflation caused by individuals who would sell their freely gained tokens under price!
Exactly the other way around, we’ll buy back 100% of the tokens we emitted to make this deal
beneficial for everyone. For this reason we, the founders don’t hold any CZARs, simply because in this system
it would make no sense at all. It also makes it impossible even for us to manipulate the prices.
Nevertheless, we are still in the same boat with our investors, a prospering and profitable platform is our common goal.
We’ve also set our soft and hard cap in a way that they leave huge space for the market cap to grow.

We don’t speculate, and we don’t provide false information or half-truths:
We are only promising what we are able to deliver. If we don’t know something for certain we don’t communicate it towards the community.
Even though this is the right way, it has drawbacks as well, it is a competitive disadvantage by the fact we don't promise all the fancy features
others do (and most of the time fail to accomplish), furthermore some aspects of the project might look
incomplete or unprofessional. For example, our roadmap might look unfinished to some,
even though we have it planned till the end of 2019, we just haven’t included those parts,
because there might be changes in the market or the cooperation with our users could also change the priorities along the way.

Although the solutions listed above put us in a position that we currently can’t promise
all the flashy features and solutions other exchanges do. (The ones who wish to collect $5,000,000+)
We will implement most of the features that could be expected from a first-class platform over time.

The Project

The concept of Cazaar was born because the currently operational crypto exchanges are flawed
in many ways. I believe I don’t have to explain much about untrustworthy, slow or expensive services in this forum.
Not to talk about customer service issues and the lack of transparency.
Despite all that, crypto investors can’t get around these services if they want to trade their assets.
Thus we, traders ourselves, came up with a way more user-friendly concept in which we provide a
more beneficial and profitable service and the opportunity to have an open conversation with the platform to solve inconveniences.

Platform

Cazaar is a cryptocurrency exchange that is focusing on the essentials of such a platform.
We will always prioritize the fundamental values of an exchange, such as proper, safe, fast and bug-free service.
Only after this point is achieved we are willing to involve every other aspect.

For the first month of our operation (BETA phase) we are going to focus on the basics.

The main attributes of the service are going to be the following:

   Crypto-crypto transactions
   Web-platform (The most widespread amongst crypto traders)
   A general trading fee of 0.1% (which can be reduced or utilized in many ways)
   High transaction speed, more than 1,000,000 orders per second.
   30+ listed coins/tokens
   BTC, ETH and USDT pairs
   Cold wallets, 2FA and Multi-Signature technology implemented

After the BETA phase we will implement:

   a Referral System
   a Crowdsourcing and Crowdvoting system
   a PoS coin distribution system
   a Trade-based fee reduction system

Options for improvement in an already well-established system:

   Android and iOS mobile apps
   Fiat-Crypto options
   Margin trading
   Futures trading
   OTC trading
   Decentralized solutions

(https://i.imgur.com/tOSSVSs.jpg)

Token

Cazaar token (CZAR) is a crypto asset emitted by Cazaar using ERC20 as technical standard.
The most important role of the token is to fund the launch of the exchange while being as beneficial for the investors as possible.

CZARs can be:

1. used to participate in the crowdsourcing and decision making for free. (in case you have at least 100 CZARs on your balance)
2. exchanged for other crypto assets after the Cazaar Exchange launch.
3. sold to the Company (Us) at the monthly buy ups.
4. a way for projects to get listed on the exchange at a 20% discount. (If they wish to pay their listing fees in CZARs)

The price of one CZAR token is US $0.25. The total token supply will be 12,000,000 CZAR.
Any tokens that have not been sold during the crowdfunding campaign will be destroyed.

Token distribution:

100% of the tokens are distributed to and in the hands of the investors.

Repurchasing Plan and Token burn:

Every month, Cazaar will spend 10% of its profits to buy back and destroy CZAR tokens. Thereby increasing the value of the remaining tokens.
Eventually 100% of the tokens will be bought back!

Token Generation Event Terms:

   Total Tokens Supply 12,000,000 CZAR
   Soft Cap 3,000,000 CZAR ~ 750,000 USD
   Hard Cap 12,000,000 CZAR ~ 3,000,000 USD
   To create CZAR tokens, we will use Ethereum-based smart contracts.
   The base price of 1 CZAR token will be 0.25 USD.
   CZAR tokens can be purchased with ETH and BTC.
   Token sale starts: 30 Nov. 2018 – 9:00 AM, CET – Central European Time
   Token sale ends: 15 Jan. 2019 - 11:59 PM, CET – Central European Time

Fund distribution:

5% - Marketing and Advertising Expenses
10% - Reserve Funds
15% - Human Resources and Operational Costs
70% - Equipment and Development (Fast Transaction Speed, High End Security System and Solutions)

Roadmap

November 30 - January 15
Fundraising

January 15 - January 29
Distribution of tokens (You can choose to get them on your ETH wallet or they will stay on your exchange account.)

January 15 - April 05
Development of the Exchange

April 05 - May 06
BETA phase, the tokens are already tradable at this point.

May 06 -
Fully operational platform (Launch of Referral System, Crowdsourcing etc.) and constant improvements

Note: We don't have to revolutionize the industry to be successful for the investors or as a company. The daily trading volume of crypto assets is around $15-20 billion. It's enough for us to take 0.1% (which is not unachievable) out of the pie in order to provide serious profits for our investors.

$20 billion * 0.001 = $20 million (our daily trading volume)

$20 million * 0.001 = $20,000 (our daily revenue)

$20,000 * 0,1 = $2,000

$2,000 * 30 = $60,000 (monthly amount we can spend on buying back CZARs, 8% of the Soft Cap => 96% in a year)

These simplified calculations are to demonstrate a currently realistic scenario. We can't guarantee these results!

Website (https://cazaar.io/) | White Paper (https://cazaar.io/auth/whitepaper/)

(https://i.imgur.com/6P3tS67.png) (https://www.facebook.com/CazaarExchange/) (https://i.imgur.com/F3qtp39.png) (https://twitter.com/cazaarexchange/) (https://i.imgur.com/7fNO1FH.png) (https://www.reddit.com/r/Cazaar/) (https://i.imgur.com/ehsepZr.png) (https://www.medium.com/@CazaarExchange/)

Altcoins Talks - Cryptocurrency Forum

Learning & News => Announcements [ANN] => Topic started by: CazaarExchange on November 30, 2018, 10:53:52 PM