Muslim Counterfeit ADAB Solutions

November 19, 2018

An interesting article title, agree? The first time I come across an ICO project that is oriented in accordance with a particular denomination. But let's look at all the advantages and features of this idea.

Now there are thousands of exchanges around the world, whether it be the Forex market or cryptocurrency exchanges. But what is the problem of many exchanges? Many exchanges "take" any tokens to trade, the main thing is to pay for access to the exchange of one or another token, regardless of moral principles. And it makes absolutely no difference from a promising Blockchain project or “shitcoin” from any financial pyramid.

The administration of the new decentralized exchanges is trying in one way or another to filter proposals for the withdrawal of one or another token to their stock exchange, guided by the principles of preserving reputation or their economic considerations or moral principles. Now a lot of national cryptobirds are launched or are being developed in the world, for example, as in China or Australia, even Zimbabwe has its own cryptobirge.

Representatives of religious denominations also decided to keep up with progress and create their own cryptobirth. We are talking about the Muslim cryptoinvestors team and their ADAB Solutions cryptobirth project. This is the first cryptobirth in the world that will act in accordance with the principles and rules of the Muslim world. It is aimed primarily at the involvement of the Muslim world in the world of cryptocurrencies and Blockchain.

Members of the ADAB Solutions team understand that the cryptocurrency market now needs to introduce moral and ethnic values. Therefore, the ADAB Solutions team sets the main goal to solve the problem of reconciling cryptocurrency assets with high moral and cultural values. First of all, projects related to the gambling business, the provision of immoral services, financial pyramids, usury and the production of tobacco and alcohol will be eliminated. To check and control the activities of various projects and platforms in the administration of the exchange, a Sharia Advisory Council will be created, which will be represented by top scientists in the field of Islamic finance.

If the crypto project is approved by the Shari'ah Consultative Council, it will go through two stages before entering the exchange:

1 - Analysis. It will allow the use of Islamic finance tools for all users, regardless of race or religion.

2 - Protection. The system protects the project's trading asset from pumping, dumping, margin trading and market manipulation.

As a result, all cryptoactive assets listed on the ADAB Solutions stock exchange will not be subject to rabid volatility, the protection system will prevent from unfair market manipulation in order to cash in on simple traders, at the same time will enable ordinary people to invest and earn on crypto assets without fear of being left without means.

As well as on any cryptobirds, there will be its own ADAB cryptocurrency here. Tokens are created on the most common protocol ERC20. The number of tokens will steadily decrease, thereby increasing the value of the asset. Also, the expected growth of the client base will contribute to an increase in the cost of ADAB cryptocurrency. Now, at the ICO stage, the sale of ADAB tokens has opened, buying which you are investing in the development of a new crypto-exchange.

Findings.

Seeing the small involvement of Muslims in cryptomeria, the ADAB Solutions project team is going to solve this problem. The work of the exchange is aimed primarily at attracting Muslims into the world of cryptocurrency and Blockchain. And this will be done primarily due to the implementation of the moral principles of the Muslim world. The reason for this is easily explained: now, unfortunately, a lot of fraudulent, or projects that are contrary to the morality of projects and blockchain platforms have divorced.

But despite the orientation towards the Muslim world, the administration of the exchange represented by the Shari'ah Consultative Council will consider business projects from the rest of the world. That is, an honest and open Blockchain project, say from Russia or Europe, will be considered on an equal footing with a project from a Muslim country.