The UAE’s Minister of Digital Economy Abdullah bin Touq Al-Marie has said that cryptocurrency and asset tokenization are vital to the country’s plan to double its GDP. This means that in the near future new crypto projects will appear in the Arab world, which will differ in manufacturability, reliability and, most importantly, scale. One such project is DeFi cryptocurrency arabic cash.
After six months of development and several months of private trading, arabic cash The project proved its serious intentions and development prospects. It is the first independent crypto project created in support of the global “Blockchain Strategy 2021” of United Arab Emirates. The main motto of Arabic Cash is biggest billion investment strategy. In the meantime, he tried to find government connections in the project. But the builders, a joint conglomerate of Arab real estate companies, have denied any involvement with the state.
According to him, Arabic Cash should attract investment in Arab region e-commerce from all over the world in the simplest way possible. And this is not the prerogative of the state, but of the entire world crypto community. This is why Arabic Cash was created as a decentralized platform without any individuals or businesses involved.
What solutions does Arabic Cash offer?
According to insiders, it is a decentralized financial project that works on the principle of loans and deposits, which is possible on the blockchain. Binance Smart Chain Network. It is by far the most advanced tool in the crypto world. With its help, investors can send millions of dollars to the network in a second, and the commission will not exceed $0.2.
Arabic Cash has its own token called ABIC. Cryptocurrency experts predict a sharp increase in price soon after the completion of the private sale phase. And the maximum number of indicators ABIC can reach when Binance is listed on the exchange, which should happen in late autumn 2021. In addition to organic growth, investors can be guaranteed to calculate 35.6% per annum, that is, to account for holding tokens.
Final round before DeFi launch
In April this year, Arabic Cash announced the launch of a private sale for the ABIC token. In the first round, the price started at $0.05. The second round increased the price of the token by over 40% and early investors were already paying $0.07 coin. But only those who entered the project for at least $1000 were allowed to enter the project. But despite such a high threshold, the project exceeded the target of both rounds.
In early June, the third and final round of private trading began, and Arabic Cash created soft entry terms for new investors. Against the backdrop of a global market correction, the range fell to $300. In total, in the final phase, approximately 1,000,000 ABIC tokens will be sold. The purchase is made automatically on the official pre-sale website https://arabic.cash Using BUSD or USDT via the connected MetaMask or Trust Wallet.
The private sale will end on June 30, shortly after which Arabic Cash will launch its Staking 6 cryptocurrency swap and will also be listed on the DEX Pancake Swap.
According to a recent survey on the official Telegram channel ArabicaCash, 97% of early investors are going to stake ABIC tokens at least until the project is released on Binance. This incredible figure suggests that when it enters the market trades, the project will move vertically due to new investors. This is why the DeFi cryptocurrency Arabic Cash has been rated by experts as one of the best assets to wait for the overall market to stabilize.
Tokonomics Arabic Cash:
Token Type: BEP-20 Binance Smart Chain
Token Symbol: ABIC
Token Name: Arabic Cash
Total Quantity: 170,000,000
ABIC for private sale: 4,400,000
Team Tokens: 1,600,000
ABIC Staking Reward Multipliers:
BEP20 ABIC-BNB, 10 ABIC Awards
BEP20 BUSD-BNB, 3x ABIC Awards
BEP20 ETH-BNB, 1x ABIC Awards
BEP20 BTC-BNB, 1x ABIC Rewards
BEP20 DOT-BNB, 1x ABIC Rewards
BEP20 LINK – BNB, 1x ABIC Rewards
We follow ABC Token and keep up to date with the latest news and updates. For more information about the Arabic Cash Project, visit the official channel Wire or Twitter.