Re: [ANN][ICO] Cazaar - Crypto Exchange Tailored With And For You!

Well, I wouldn't use the word "merely". We are offering at least industry standards when it comes to speed, security, usability, and transparency (note that we can't do instant miracles while we have to keep the soft cap low). Above all that our exchange approaches the industry, its' users and investors in a way that is currently nonexistent.

Since you are focusing on the platform and not the project as a whole, I will try to leave the advantages that are associated with the ICO.

-snip

Regarding the very last paragraph, you actually just described what you tried to solve from the paragraphs above, or in other words, what your competitive advantage is, compared to other stronger exchanges. Emphasizing and highlighing these points as well as opening broad discussions about these features will hopefully helps raising awareness and attracting investors. Of course, the discussion, or rather interrogation, is not ended this way, there are lots of scamming projects these days that I, as well as many other investors, will have to do their due diligence regarding investmens as well as helps informing others about how legit certain projects are. One of the way to provide the information is through thorough QnA session, because if the project is legit, then they won't find any difficulties attending the inquiries, otherwise they will.

Apropos, id I may ask further about the buyback, which mostly is the major point to appeal investors, will it be pegged at ICO rate or will it follows the future trends?

Also, I might have missed regarding the legality of this project, is your exchange already registered and where?
Since you are from Hungary, are you approved by the Central Bank of Hungary to hold your operations?
Or you got your license from Estonia or whichever is convenient for you?
Legal docs are one of the basic requirements to fulfil in order to hold legit operations.

The exchange is not yet registered since its' fate depends on the results of the ICO, it wouldn't make sense for us to already have it. Especially since we (at least in the first quarter) are operating entirely in crypto, and since there are currently no regulations regarding crypto assets in Hungary, that could be done legally without a license as long as we comply with AML (which is still not necessary in crypto, but it will be in a couple months, since we are EU members) and pay the necessary taxes when we are converting our profits to fiat.
Also, banks in Hungary are usually not that hard on crypto related companies, there were statements by the MNB (Hungarian National Bank) that warned people about crypto scams and high volatility, but bans haven't really happened.
After the first few months of the operation we are planning to acquire the necessary licenses to operate as a legal security exchange (since most tokens, especially nowadays are more or less security tokens, even the ones that state that they are utilities), way before it's a legal requirement.