Cazaar is a cryptocurrency exchange project. Cazaar’s main goal is to provide a fast, safe, transparent and mutually profitable service.
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What is Cazaar
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:
After the BETA phase we will implement:
Options for improvement in an already well-established system:
As the main platform, Cazaar’s web-based trading clients will be the first and most important surface you can trade on.
It will have Basic and Advanced options so we can attract and keep the newcomers and the experienced traders as well.
We will list at least 30 assets on the platform, 15-20 of which will be decided by the investors prior to the launch, so their needs are met and they can trade through our service straight from the beginning. The rest of the roster will consist of current ICOs that have remarkable investor bases.
Behind the platform there will be a matching engine that can handle more than a 1,000,000 orders/second.
Considering that Binance, one of the biggest crypto exchanges out there have a trading engine capable of processing around 1,400,000 orders/second, and it was able to perform well, even under the pressure of 8-10 million registered users, it will be able to keep our service stable as well for the foreseeable future.
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:
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.
Fees will be the main income of Cazaar. Most notably:
We will use 30% of the profits that were generated by the fees to improve the site and to fulfill our promises:
DetailsPublic sales: Nov 30, 2018 - Jan 15, 2019
Token supply: 12,000,000 CZAR
Soft cap: 750,000 USD
Hard cap: 3,000,000 USD
LegalBlockchain Platform: Ethereum
Country limitations: Cayman Islands, South Africa, United States
Token infoTicker: CZAR
Token price in USD: 1 CZAR = 0.25 USD
Accepted currencies: ETH, BTC
100% - token sale
70% - equipment and development
15% - human resources and operational costs
10% - reserve funds
5% - marketing and advertising expenses
Development of the Exchange
The tokens are already tradable at this point
Fully operational service and constant improvements