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Author Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms  (Read 29137 times)

Offline Flora

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Offline Flora

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The second round of the IEO on Bit-M exchange already start!

Start of the second round is May 20, 12:00 (UTC + 3)
Closing date — May 25th, 2019 12:00 (UTC + 3)
The price of token is $ 0.1
After the IEO, ADAB will be listed on Bit-Z and Bit-M platform for trading.



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Redemption of tokens at a price not lower than the nominal value (prices for ICO).

Every month, a company will spend 10% of its revenue (but not more than 25% of its profits) to the purchase of tokens and their immediate burning. This is how the token deflation model is implemented. With the growth of trading volumes and the number of users, the volume of Adab tokens will be systematically reduced. The purchase of tokens will be at the market price, but not lower than $ 0.1.


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Dear Participants and Members of ADAB Solutions.

We are happy to announce that the last IEO which was held on Bit-Z and Bit-M exchanges is finaly done. Thank you for your patience and activity.

Be informed that next steps are distribution of tokens to personal wallets and listing on exchanges that held our IEO during this month which will be conducted before 10th June.

Trading Time:
ADAB/BTC, ADAB/ETH, ADAB/USDT trading pair will open on 2019/06/10 17:00 (GMT+8)
ADAB deposit and withdrawal will be open on 2019/06/13 17:00 (GMT+8)

Sincerely
ADAB Solutions’ team



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June 15 FICE alpha.

FICE Alpha version will be launched on June 15.
In this version, most functions of the exchange will be available and able for testing. Register and start a test trade!


Offline Blackwhite69

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I just visited this project and saw the latest update of this project, Is this project going well enough?

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August 30 FICE release!

Dear participants, we are glad to inform you that token sale is completed successfully.
We are pleased to announce that the official release of the First Islamic Crypto Exchange will be on August 30, 2019. From that day all the features and capabilities of our unique platform will be available.

Moreover, the Alpha version will be launched on June 15.
In this version, most functions of the exchange will be available for testing. You can register and start testing it!



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Token value
Token Adab will be used to receive discounts on the FICE exchange commission, used to pay donations to the ADAB Charity, serve as a payment instrument in the Adab Project, in a token deflation economy, in a purchase of tokens not lower than the nominal price, in the listing on other exchanges. The company will look for additional tools of the use of token ADAB.


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Dear Adab Solutions community!
Token sale of Adab is complete and we want to summarize its results.
We view positively the completed token sale and continue working on the project with a great enthusiasm.
We were not able to achieve our sales targets, but there were objective reasons for this and our results were significantly better than could be expected in the current market situation.
During the time of token sale, we sold 45.5 million tokens and another 13.6 million issued as a bonuses.
Additionally, we have accrued about 2 million tokens for the services rendered.
Thus, the total emission amounted to 61.1 million tokens.
In April and May of this year, Adab Solutions Company and affiliated Adab Solutions Group conducted the IEO on 4 exchanges.
The ADAB Token will not be traded on the IDAX exchange due to the incompatibility of the IDAX exchange requirements with the principles of Islamic finance. All IEO members, who already invested in ADAB token on this exchange, will receive back their investment.
About 5 mln Adab tokens were sold on the BitForex exchange and about 5 mln Adab tokens on the Bit-M and Bit-Z exchanges.
Despite the low level of sales of tokens on these exchanges, the process of selling tokens was as transparent and fair as possible.
We absolutely do not associate this level of sales of tokens during the crowdsale and IEO with a fair assessment of the project. There are a number of objective reasons, as the state of the market and the possibilities of the platforms on which IEO was conducted, which were overestimated by us, but our assessment was based on publicly available information and the course of negotiations with the exchanges.
The company believes that the real value of the project is immeSPAM BANbly higher and our performance should prove this in the near future.
Summarizing the above, the total volume of Adab tokens issued on the crowdsale was 71.1 million units.

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Trust Management Tools in ADAB Solution.
A few months ago we entered into a partnership with the blockchain financial platform — Membrana. This is a team that creates unique trust management mechanisms: an investor enters into a trust management agreement with one or more traders through Ethereum smart contracts.

Read more: https://medium.com/adab-solutions/trust-management-tools-in-adab-solution-5ec93786b21d

Offline Flora

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Dear investor!
Kindly ask to check the access to  personal ERC20 Wallet address specified in your ADAB Solutions account and its address correctness. Since tomorrow there will be a distribution of tokens.

❗️❗️If the wallet address is entered incorrectly or you have lost access to the wallet specified in the ADAB Solutions office, you will not receive your tokens. They will be irretrievably lost❗️❗️

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Dear community members!

We are pleased to announce that alpha version of FICE exchange https://ficemarket.com has already launched!

You can evaluate the functionality and test some of the product features, including depositing, withdrawing funds, trading in the test network and so on.
We will be happy to receive any feedback from your side.

ADAB Team.


 

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