Blockchain technology has gotten to the level in which the whole world cannot do without it. We have discovered that this technology is making the news headline everyday which symbolizes global and rapid adoption of this technology. But despite the greatness and potential of this technology, there are still some things that needed to be improved upon its use. We have several and different blockchain network such as bitcoin blockchain, ethereum blockchain, eos blockchain, tron blockchain and some other more. The level of difficulties associated with each of this blockchain network varies based on the type of blockchain.
We have some blockchain that are more cumbersome and difficult to use than some others, we also have some that easy to use but they are lacking some other qualities. Let’s take for example the speed of transaction which is solely dependent on the nature of blockchain transaction. Some transactions do take several hours before it could be confirmed on the blockchain network, some blockchain also charges high transaction and mining fees. This is the reason why a new team has gathered around to rectify this problem by launching a new blockchain project known as
USDQ
The 1st element of the ecosystem is the exchanges. USDQ bargains on the secondary market at the price of 1 dollar for 1 USDQ, respectively traders interact with this coin, as well as with any other. To buy USDQ at the exchange is the first way by means of which it is possible to get stablecoin.
Receiving the credit in USDQ through crypto assets collateral
The 2nd way, which includes several important elements of an ecosystem, is receiving the credit in the stablecoin USDQ through crypto assets collateral. A pledge rate to the released stablecoin is D %, where D is the last rate established by Q Box which is a self-learning neural network, and approved by holders of the governance token. Thus, it reaches over provided credit and leads to ensuring the stability of USDQ token.
Respectively, when new crypto assets enter the ecosystem, the created smart contract prints new USDQ and sends them to the borrower. When the borrower wants to take away the collateral and return the credit, it undergoes the return procedure on the website, at the same time paying a certain interest rate for use of stablecoin credit. After the return of USDQ together with payment of commission for use of proceeds of credit, crypto assets are de-frozen and return to the address of the borrower's wallet, and USDQ tokens are burned.
The credit in USDQ tokens is issued for a limited term. If the credit lasts, then it is necessary to bring the commission in the governance tokens Q DAO. If the credit is not returned in time, then pledge in cryptocurrency goes to untouchable stabilization fund. In case of elimination process crypto assets of stabilization fund are sold first.
How it Works?
USDQ is one of its kind ERC-20 decentralized stable asset
1 USDQ = $1
Right now issued 5,531,632.5042 USDQ collateralized by 1,410.582 BTC (200% collateral).
KRWQ is one of its kind ERC-20 decentralized stable asset
1 KRWQ = ₩1
Right now issued 1,169,653,205.00 KRWQ collateralized by 249.9999 BTC (200% collateral).
JPYQ is one of its kind ERC-20 decentralized stable asset
1 JPYQ = ¥1
JPYQ is coming soon
CNYQ is one of its kind ERC-20 decentralized stable asset
1 CNYQ = ¥1
CNYQ is coming soon
HKDQ is one of its kind ERC-20 decentralized stable asset
1 HKDQ = HK$1
HKDQ is coming soon
SGDQ is one of its kind ERC-20 decentralized stable asset
1 SGDQ = S$1
SGDQ is coming soon
How The Tokensale Works?
How The Tokensale Works?
Tokens to sell
Distribution of 51% of tokens (509999.49 QDAO tokens).
For how long
Distribution will be made in 10 Rounds. Round stast at 1st day every month during 10 month will be distributed 50000 Tokens during each round.
Where to buy
QDAO distributes 30% tokens by IEO(all tokens are unlocked) and 70% tokens by OTC desk (tokens will be locked for a certain period of time).
ROADMAP
ONGOING
BTCNext
1 June 2019
15,000 tokens to sell through IEO
ieo.btcnext.io/qdao
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 July 2019
15,000 tokens to sell through IEO
will be defined 14 june 2019
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 August 2019
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 September 2019
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 October 2019
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 November 2019
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 December 2019
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 January 2020
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 February 2020
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 March 2020
17,999.847 tokens to sell through IEO
will be defined soon
41,999.643 tokens to sell through Dashboard
tokensale.qdao.io/
MEET THE AMAZING TEAM
Management Team
i-Chan Huang
JiJun Kim
Eddie Argueta
Jitendra Rathod
Martin Saldamando
Howard H. Kim
Takeshi Ito
Inna Halahuz
Herry Vu
Maria Danilova
Julia Della Scala
Artem Finko
Anton Dziatkovskii
Dan Khomenko
Daria Volkova
Engineering Team
Slava Mikh
Eric Risthisen
Slava Zhelt
Haleel Risthisen
Nick Krash
Alex Adil
Den Udot
Ivan Borisov
Jack McAvoy
Mike Keenum
Victoria Robert
Nick Moro
Rus Inoz
Eunchae Jang
Rinat Rez
Kate Ez
Nick Pisarskiy
For more information, please visit:
WEBSITE: https://usdq.platinum.fund/
WHITEPAPER: https://usdq.platinum.fund/whitepaper
ONE PAGER: https://usdq.platinum.fund/onepager
FACEBOOK: https://www.facebook.com/FundPlatinum
TWITTER: https://twitter.com/FundPlatinum
TELEGRAM: https://t.me/Platinumq
MEDIUM: https://medium.com/platinum-fund
GITHUB: https://github.com/Platinumengineering/USDQ
Author: Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995
Author: Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995
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