Adab Solutions: Cryptocurrency exchange
Functioning in accordance with Shariah rules
Managing Director and expert on financial services, is involved in financial management of companies, extensive experience in creating a business. He was a representative of many brokerage companies and European banks. Sixteen years of experience in finance, the last two years has been actively managing crypto assets.
Deputy CEO of Islamic Finance
Islamic finance and banking professional with over 15 years of local and international experience. He has a strong entrepreneurial and business background with major experience in Islamic finance. Main accomplishments: creating Shariah-compliant micro-crediting organizations, development of Master Plan for the development of Islamic finance, Treasury operations within the Islamic Development Bank (Jeddah). Specialties: Islamic Finance, Trade Finance, Investment Banking, Treasury Operations, Capital Markets, Corporate Finance and etc.
Investment and Islamic finance from The Nottingham University Business School (UK)
Director of Marketing
Director of Marketing with more than 10 years of experience in marketing and business development. During professional activity he has implemented dozens of projects in different areas. He helped to realize the number of startups and to breathe a new life into the existing "choking" projects.
Senior IT advisor
Management of technical units of the company, development and support of internal corporate software, mentoring and consulting. Ten years of experience: applications and their support in telecommunications, billing systems, internal and client reporting systems.
Master of software engineering - Computer Science & Engineering
Advisor Marketing and PR
I am the CEO and Founder of Perhalic. Also a Chartered Management Accountant (CIMA),Investor and Advisor of 18+ ICOs in Blockchain industry. I am one of the top PR and Marketing Advisor at ICO Bench worked with 18+ ICOs and Successful 10 ICOs and top 30 in the people's of blockchain list. Also, Also, the member of Malta blockchain association And Global Blockchain Advisory Professionals. Working as an Ambassador of Humaniq and Advocate of DasCoin. Expert area is making successful ICO marketing and social media planning and Digital Marketing strategies, budget allocation, bring best partners to launching bounty and airdrops also helps the team in Successful Press releases campaign and Digital Marketing campaign. Additional help in Community management and Telegram Boosting and Marketing.
Marketing ICO Advisor
All packed into one - Gaurav lends an exceptional blend of entrepreneurial insight, a deep understanding of marketing strategy and practices and in-depth knowledge of the burgeoning Blockchain and Cryptocurrency market. Backed by 11 years of corporate experience, including 3 in financial services, he is also an Online Marketing Capabilities and Inbound Specialist, who understands the inner workings of everything technology is capable of providing in the digital age. Always up for a challenge, he is currently advising 6 Blockchain and ICO projects and also working on an independent crypto solution for the Gambling industry.
- Crowdsale (72%)
- Marketing purposes and bounty company (1%)
- Reserve fund (15%)
- Team (8%)
- Advisors (4%)
- Operational costs (17%)
- Marketing ( including forum, portal) (20%)
- Consultation services (2%)
- Contingencies and other costs (12%)
- For the development (21%)
- Equipment, Software (24%)
- Legal costs(including licences, authorizations) (4%)
Cost of the token1 token for 0.1 $
Price without discounts
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Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users3
ADAB token will be the only way to access the services and pay for it. 10% of the revenue generated from commission payments will be out of circulation and burned (until no more than 50% of tokens are left in circulation), which will help to support the deflationary model of token economy. The roadmap is informative: it has the information about further development, shows what milestones were already achieved and describes the results of work.
Risks and disadvantages
Blockchain developers are not introduced via the website. I also should mention that there is an intense competition.
According to the Whitepaper currently the involvement of Muslims in the crypto market is extremely low. The founder of the project encourages people to believe that cryptocurrencies are reliable, safe and honest. I think having a proper marketing strategy (which is described in the Whitepaper) the team will be able to solve the problem of Muslims' involvement in the market of cryptocurrencies as well as spread the project itself.
There is possibility of obtaining a monopoly market comprised of the moslems communities this will intensify growth as a means supporting their religion and bringing the entity to a success. The budget has a fair distribution of portions to different relevant sectors this upholds the teams adequate levels of organization.
Risks and disadvantages
Identities of some members have been kept anonymous in my opinion the investors and community have to be kept in know of the people they are dealing with. A particular market of people is to be attracted by this project and this puts a limit on the possibility to expand the market.
This is not a project like any other and it's unique in the market will grant it less compition.
When entering the website, one can see it is translated into several foreign languages. It is a positive sign, as the project pays attention to investors from the whole world. A significant advantage is the MVP. Users can already check how the exchanger operates. Besides Whitepaper, there is also a short version - One Pager. Moreover, there is lots of information about advisors. Investors have a possibility to use Bitcoin as well as Ethereum for investing.
Risks and disadvantages
Nothing mentioned about partners. There are no bonuses for early investors.
As a whole, cryptocurrency for Muslims does not sound as a breakthrough. I am not sure whether Muslims will switch to dab-solutions just because it is created for them. I have not see any other benefits. For example, why is it better than Bitcoin or any other similar digital asset ?! So, I would not recommend to take part in the following tokensale.