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USDQ PROJECT OVERVIEW


A new era of currency began with the arrival of Bitcoin in 2009 and thus, cryptocurrencies started to build up the momentum that would allow them to dominate the financial market. Thanks to the innovative Blockchain technology, new cryptocurrencies emerged, each one with distinct characteristics that would not only set them apart from the rest, but would also provide investors with a whole different variety of benefits that have not only revolutionized the traditional financial system, but also conceded cryptocurrencies a high investment potential.
The blockchain technology created for bitcoin and other cryptocurrencies grants important advantages to invest in this asset, particularly due to the fact that its control does not depend on a central authority and most importantly, the confidentiality of its transactions, providing a sense of security in the investor. These advantages that set cryptocurrencies apart from other currencies explain their rapid growth in the financial market, their popularity reaching even the mainstream media and catching the attention of many companies and investors.
The commerce of digital assets has allowed the exchange of different cryptocurrencies among millions of users in the network, that is to say, the globalization of said market.
The public demands continue to grow, being necessary to develop trustworthy platforms where they can feel safe when making their transactions. With this in mind, the USDQ is a platform that makes assets stable and truly decentralized.
USDQ is a platform that makes assets stable and truly decentralized.
Opportunity to purchase USDQ on exchanges
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?
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/
For more information, please visit the links i have provided below;
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409

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