translators (hajime, kazu, HALO)
(http://twitter.com/3284_hajime)
(http://twitter.com/nishinokazu)
(http://twitter.com/subjayc)
Hello! This is Yusui (Twitter:@ hironoyusui).
Speaking of ADK last week, finally (?!) ADK was listed on the top 10 exchange.
These days, listing on exchanges is not so big news for me, since too many listings have happened one after another. As the proverb goes, custom takes the taste of the most savoury dishes. Hehehe.
Still, I am pleased to hear good news every week.
I also bought ADK as much as I can last week!
"Since the price of Bitcoin is stable, I bought ADK as much as I can, it is worth 500 beef bowls."
Now my average cost for 1 ADK became 0.0013btc.
How much will my profit be in the end of this year?
Well, let’s review the ADK information! As I said in Vol.39, there are many topics about ETF. (On the other hand, there is not much information about bank in EU, sorry.)
=== Contents =============
1. Listing on FatBTC
2. Listing on IDAX
3. "The one that can get along with legal currencies will win"
4. About ADK-ETF
4.1. This is the next black-painted document!
4.2. ADK-ETF will be realized around January?
4.3. What will happen when ADK-ETF is realized?
4.4. How much is the initial price of ADK-ETF?
4.5. Expansion of ADK-ETF.
4.6. Mr.Ricardo’s enthusiasm for ADK-ETF.
4.7. Notice
5. Q & A
5.1. Question 1: You really have nothing to do, don't you?
5.2. Question 2: Isn’t it shady?
5.3. Question 3: Isn't your bank too small?
5.4. Question 4: When will you go to Tanzania?
=========================
1. Listing on FatBTC
[FatBTC @FatBTC]
Aidos Kuneen (ADK) is listed on FatBTC.
And now is available for trading! #ADK # FatBTC
[Yusui]
Awesome !!!
2. Listing on IDAX
https://idax.zendesk.com/hc/en-us/articles/360017850472-IDAX-has-open-ADK-deposit-withdrawal- Although
[Yusui]
Compared with AidosMarket, IDAX has not so much trading volume.
However, it may be because IDAX is big exchange, its trading volume seems to be bigger than other exchanges.
→IDAX (official)
3. "The one that can get along with legal currencies will win"
[Ricardo]
We should not fight with legal currency or bank. The one that can cooperate and get along with them will win.
[Yusui]
I think that the number of extremists who say "Japanese yen will be worthless! The currency of the future is cryptocurrency!" is gradually decreasing. I think we should get along with existing things like legal currencies and banks.
I also love Japanese yen, though I have no way to earn Japanese yen now due to my company's bankrupt...(I worked for the company as a part time job..)
For example, the most obvious crypto currency tries to cooperate with the legal currency is stable coin. (It is doubtful whether its value is really secured.)
4. About ADK-ETF
4.1. This is the next black-painted document!
[Ricardo]
ADK ETF ( First ever Crypto based ETF ) is coming up faster than promised.
[Yusui]
As mentioned in the reply to this tweet, what this black-out document shows is "ADK team registered the necessary company for ETF".
4.2. ADK-ETF will be realized around January?
[Ricardo]
Believe it or not, the banking network is almost done, ADK-ETF will be done in 3 months, EU banks will be done in 4 months.
[Yusui]
Also, on the latest his remarks, Step 2 will be done in 2-3 months.
4.3. What will happen when ADK-ETF is realized?
Read this article while replacing the word "ADK" with "BTC".
Then you can get some image of what it is.
[Yusui]
As he said before, you can buy and sell ADK-ETF on the stock market, there is no need to have a wallet ... and so on.
[Ricardo]
As investors over 40 to 45 years old, they would like to invest without a wallet or PoW and so on. A lot of such troublesome technology is one reason why crypto currency can not become the main stream of financial products. I want to change this situation.
If ADK-ETF is realized, ADK will get more attention and liquidity. Besides, profits from crypto currency are not appreciated in some countries. In those countries, the government demands explanation in detail, or investor’s bank account may be banned. But, if it is a profit from ADK-ETF, it is easy to prove, because it is a transaction on a stock exchange. With ADK-ETF, investors will not get caught up in trouble.
Reference:
“ Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin. “
https://news.bitcoin.com/funds-frozen-account-closed-uk-banks-target-cryptocurrency-owners/
4.4. How much is the initial price of ADK-ETF?
[Ricardo]
We plan to offer ADK-ETF at 15 USD at the beginning.
4.5 Expansion of ADK-ETF.
[Ricardo]
We start ADK-ETF from offering on NSE(Nairobi Stock Exchange) and JSE(Johannesburg Stock Exchange, 17th biggest exchange in the world).
[Ricardo]
If we feel that we need to list on other than NSE and JSE, we will try to list ADK-ETF on London and Canada stock exchange.
4.6. Mr.Ricardo’s enthusiasm for ADK-ETF.
There were many doubts around me in the past, for example:
☆ADK is a scam, the founder will take away all the money in 2 months.
→ One year has passed since someone started to say so.
☆ADK will not be listed on other exchanges.
→ ADK is listed on several exchanges now.
☆Founder is a liar.
→ I actually became a major shareholder of sumac and Tanzanian bank, I will also acquire a bank in Europe.
Now, people say that ADK-ETF will not be realized. They think “Why on earth ADK-ETF can be carried out? Even BTC-ETF has not achieved yet.” However, we've been doing everything we decided to do.
4.7. Notice
Besides the price, there seems to be some matters under consideration, such as how much ADK would be released to ETF circulation.
So, I think that there may be some changes, including the initial price of 15 USD.
Don’t mind too much about it!
I just look forward to the realization of the first crypto currency ETF.
How much attention it will get, and how much money come into it!
Q & A
Question 1: You really have nothing to do, don't you?
[Questioner]
You fight with anti ADK people on Twitter. You really have nothing to do, don't you?
[Ricardo]
Immediately after I had a meeting with the deputy minister of Kenya, the next moment I fought with anti ADK people.
Question 2: Isn’t it shady?
[Questioner]
Website of ADK is shady, isn’t it?
[Ricardo]
You say so, but what's needed is the code on github and the white paper.
Does Bitcoin have a fancy website?
Question 3: Isn't your bank too small?
[Questioner]
You say that you bought a bank, but it’s a small bank in Africa.
[Ricardo]
The bank is small, but in the crypto currency world, there is no one having a bank.
I’m the only one crypto founder audited by the central bank.
Question 4: When will you go to Tanzania?
[Questioner]
When will you go to Tanzania? I am looking forward to it.
[Ricardo]
I will spend a few days in Spain with my children, and will return to Africa.
That's it!
I hope that I could announce ADK-ETF completion in the weekly ADK 1st anniversary these days.
Thank you for reading this week!
==========================================
ADK WhitePaper
https://github.com/AidosKuneen/whitepaper/releases/download/v0.03/adk_whitepaper.pdf
(English Version)
Website
http://aidoskuneen.com/
In development: http://www.aidosfoundation.com/
GitHub
https://github.com/AidosKuneen
API
https://aidos-kuneen.readme.io/reference#about-the-api
Twitter
https://twitter.com/Aidos_kuneen
Telegram( ←Join us and say hello to ADK community, please!)
https://t.me/aidos_kuneen
This is a very well-documented article.
Now you can tell what is happening to ADK.
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