Bitcoin Forum

Introducing iQCash - a new cryptocurrency paradigm!

iQCash introduces a new way to mine cryptocurrency - by solving iQ Puzzles.

POW systems are either costly to the environment OR are vulnerable to 51% attacks.
POS systems are fast and efficient BUT lack a work element that humans can value.

POHW - Proof of Human Work - hosted on a POS system, SOLVES BOTH OF THOSE PROBLEMS.

The POS hosting platform provides the security - and the work effort expended increases the value.

iQCash is the perfect blend of two approaches to cryptocurrency implementation that IS the future.

And then, on a higher conceptual level, iQCash brings many other benefits...

ABOUT
From the Whitepaper, http://iqcash.net/whitepaper/ (http://iqcash.net/whitepaper/), iQCash "...has four primary goals:

• Serve as a highly accessible, exciting and fun entry point for newcomers into the word of cryptos;
• Become a new pathway to guided self-education for those with few other options;
• Enable a new means for individuals who are physically and/or socio-economically disadvantaged to earn their way out of the economic traps in which they find themselves; and
• Ultimately, create and encourage a new focus on and new incentives towards solving long sought mathematical, conceptual and scientific problems."

These four goals are incentivized through a simple challenge/reward system: Solve an iQ puzzle => earn one iQCash.

Over 21 rounds, millions of iQ puzzles will be presented to users, gradually increasing in complexity as the rounds progress. At the same time, the number of puzzles available will gradually reduce.

Starting with 8 million easy puzzles, ultimately, in round 21, there will be just a single mega-puzzle (that actually may never be solved.)

TOKENS
iQCash is hosted on the Waves platform and set at a fixed total of 21021021 tokens.

When searching for the iQCash/Waves pair on the Waves DEX, you can double-check the asset ID of iQCash which is: 2fiCMUZgBZHs7DtwjyTET8gyToNNX1X5r8zUaouqoztQ.

Please visit http://iqcash.net/ (http://iqcash.net/) to see what it's all about. Everything about iQCash is designed to maximize user-friendliness, because we want to ensure it's accessible to everyone - even people who would otherwise find it difficult to negotiate the world of cryptocurrencies.

iQCash has high ideals, and checks all the boxes in terms of maximizing price returns (limited supply, increasing difficulty and declining release amounts) but above all, it's just fun.

I'm running the iQCash project, so if there's any questions, I'm happy to help.

Though it's a pretty straightforward idea.

Only when a person does some work will a token be awarded.

http://iqcash.net/wp-content/uploads/2017/10/iQCash-AngleLow3.jpg

Just over a month left on the presale. Then the puzzles go live.

In case no one noticed, the puzzles are now live! It's funner than faucets and keeps your brain flowing. I don't want to be just one of the few mining, it will take me forever to reach bigger challenges!

Your Puzzles are really nice. It makes fun to "mining" this tokens. Best new mining system for a long time. This make it possible to mine it for every single person. I support your system. :)

Over 900K Puzzles Solved!

That means 900K iQCash have been mined and distributed to incredibly diligent miners.

It's been a quiet introduction period, but things are starting to warm up!

If you're new to iQCash, it might be of interest to revisit a couple of the contests that have been run so far:

https://bitcointalk.org/index.php?topic=2346692.0 (https://bitcointalk.org/index.php?topic=2346692.0)

https://bitcointalk.org/index.php?topic=2997511.0 (https://bitcointalk.org/index.php?topic=2997511.0)

I'm glad to read this news. 900k is pretty neat and the first million is not far away. I have also seen the puzzles on twitter. Nice idea. What are the next steps of the project? Is something planned for the next weeks?  :)

One aim of the project is to bring newcomers into crypto, so we are in the process of testing marketing strategies to a non-crypto audience. Soon, we will also be marketing for some more miners as we want as wide a distribution of iQCash as possible.

Also, relatively soon (but no date set) we will be marketing to more investors with a yet to be announced new use-case for iQCash called iQ+

Worth staying tuned!

That sounds very good! I'm really looking forward to it. Will support your project in any case. :)

Rapidly approaching 1 million iQCash mined!

In the countdown to the milestone, we'll provide some lighthearted crypto entertainment in the form of tongue-in-cheek crypto puzzles. Enjoy!

#CryptoPuzzle 1:
Who is the world's foremost expert in cryptocurrencies:
a) Bill Gates
b) Jamie Dimon
c) Warren Buffett
d) Kanye West

#CryptoPuzzle:
Which of these is more frightening than a crypto market dump?
a) A Michael Moore dump
b) Donald Trump's hair on a windy day
c) Hillary Clinton's cough
d) Putin giving you the 'Vladimir not impressed' look.

#CryptoPuzzle:
A Wall Street Journal study found that 20% of ICOs are scams.
Guess the percent - which of these is also true:
a) 20% of bankers are psychopaths
b) 35% of politicians are pathological liars
c) 75% of people who ask 'When Moon?' are morons
d) 100% who ask 'When Lambo?' are retarded

#CryptoPuzzle: Which of these is more painful than a 5 month bear market?
a) Knowing you bought in at the peak of the bull market
b) Remembering the moment you considered selling at the peak
c) A paper cut
d) When you're a banker and you realize crypto is coming for your job

#CryptoPuzzle:
When you sell a coin, what's likely to happen next?
a) The coin you sold will moon
b) The coin you bought will dump
c) Both coins will dump
d) The entire market except your new coin will pump.

#CryptoPuzzle:
FUD and FOMO are commonly used trading acronyms. Which of the following should also be used:
BUMS: Bad or Uncertain Market Status
CRAP: Coins with Really Awful Prices
PIMPS: Panic IMPulse Sellers
SHYTS: Simply Horrendous Youtuber Trading Strategies

#CryptoPuzzle: Which of these is the best way to invest?
a) Ask someone on the internet for advice
b) Only buy coins that are going to the MOON
c) Invest in a basket of fiat currencies
d) Buy a Lambo

The answers are actually all correct, although I tend to d) Buy a Lambo.  :D :D :D  Still around 33k puzzle to solve to reach the first million. GoGoGo IQCash.  ;D

So, the puzzles keep getting harder as there are less and less to be mined. Interesting. Bitcoin value - scarcity and increasing difficulty. Good one.

I absolutely agree with you, it's unthinkable! I've mined a few, but when I sell for Waves on the DEX, iQCash is not worth much at the moment. I guess now is a good time for mine and hodl, but I'll probably wait till it's worth more.

You should get it on more exchanges. I know Waves DEX has improved a lot, but I prefer the Binance and Bitfinex.

I understand this perfectly, but I do not know what I should do next. I do not get why. So, it's just another currency? It needs a use case.

I notice that if I get the right picture. And it will not let me do any other puzzles until I get it right. Is that to stop bots? Kinda like a captcha puzzle validates you're a human?

I wish I could just do one or two kinds of puzzles. I do not like some. Can I select just the ones I like somehow?

Man the sequences kill me. But I like the color ones. It's like learning set theory without knowing it. This sounds very interesting and fantastic. I will think about it.

What is known about the project team? Is there a detailed article that describes the team members? Any information!

All the information that is available about the team is in white paper. https://iqcash.net/whitepaper/ The team is comprised of three developers who work on the project part-time. The team-lead is Paul Schellens.

The team only three people? It's strange, but I've always doubted the success of projects that have a very large team. I think that there should be a small but professional team in the project.

I agree with you, the success of the project does not depend on the number of team members, but on the professionalism of the people and the idea that they create.

The project deserves special attention. The human brain is used as computing power. Very innovative and fresh.I am sure that this project will be in demand and it will not lose interest.

As what is the token of the project? If i understood correctly it will perform its standard function namely payment for goods and services?

Quite right, i think the token has a good chance to prove itself on the world stage.It is at least interesting and develops your thinking.In addition, these tokens can be used as a full-fledged means of payment.

What will determine the price of the token? Do you think it will be in high demand? I think in the cryptocurrency industry, there is a little oversaturation of various tokens.

This platform has certain differences from the existing tokens intended for payment. The demand for it will increase as the difficulty level of the puzzles increases.

Do you think people will have a desire to guess such complex puzzles? I think not everyone will want to sit for a few hours to get rewarded for solving the puzzle

You are greatly mistaken, until the time when the puzzles are really challenging the price of a token can jump significantly and there are a lot of reasons. Interest in this coin is definitely there. People will want to be involved.

where can I find the quizs to try to solve them?

I think it will make sense to deal with these puzzles only when the demand for this token is really high. Developers need to add tokens to various exchanges to learn about it as many people as possible.

Until that token is available for trading on the Waves DEX, maybe later the developers will expand their sphere of influence and the token will appear on the larger platforms.

A huge plus of this token is that it is really an original and interesting idea that can catch a person. Most of the tokens that are being born today are, for the most part, simply unnecessary pacifiers to anyone without any idea and meaning.

Even the person who is not quite competent in the field of cryptocurrency is able to understand what kind of platform it is for what it is needed , what its advantages and how it should work. Clarity is one of the most important qualities of the project.

I completely agree with you. On the site the user will find the answer to any question of interest to him. The white paper is not 100 pages long, the essence of the project is outlined briefly and clearly .

It would be nice if a mobile version of this platform was available ,so that you can guess the puzzles at any time and in any place where there is access to the Internet.

On the mining page of the website
https://iQCash.net/Mining (https://iQCash.net/Mining)

The mining page works fine in browsers on mobile devices. An app is planned for sometime in the future - but no schedule is set for that yet.

975K! Amazing effort!

When I can buy a pizza with 10000 iQCash, I'll start to get worried, because this is a very exciting moment

I'm mining my ass off. These are going to worth a lot one day. There's only 21 mil and they're going to get harder.

I can see this being a valuable educational tool. I'll get my niece into it. She'll be a step ahead when she gets to math in school - and she might end up rich before she gets there!

What are the complex puzzles of the later rounds? There's already mathemetics prizes for some well known problems. You could do the same ones. Extra bonus for anyone who solves them then.

What you should do to make this big: Get partnerships with major educational institutions. Could be huge.

It is very interesting to me. The price is low. How do you make it go higher? I'm waiting for an answer as soon as possible!

I wish I could just do one or two kinds of puzzles. I do not like some. Can I select just the ones I like somehow?

You should get it on more exchanges. I know Waves DEX has improved a lot, but I prefer the Binance and Bitfinex.

I do not get why. So, it's just another currency? It needs a use case. What's iQ +? Is that the use-case?

Yes, iQ+ will be the first use-case of iQCash. More on that to come...

980K mined.

While we await the milestone, some more crypto humor...

CryptoPuzzle:
John McAfee plans run for US Presidency in 2020. What should his slogan be:
a) Make Alt-coins Great Again
b) If you have Lambo, Crypto-groupies will let you do anything, even grab their private keys
c) I came, I saw, Fiat died
d) Eat my &!ck

Cryptopuzzle:

Craig Wright recently boasted that he had more money than Rwanda. What else has he to be proud of?
a) More fans than the MtGox trustee.
b) More integrity than the Bitconnect team
c) More street cred than Bill Gates
d) Owns more Cryptokitties than Warren Buffet

CryptoPuzzle:

US authorities are investigating crypto market manipulations such as spoofing. What other manipulations should they look out for?
a) The guilt trip
b) The silent treatment
c) Playing the victim
d) Jamie Dimon opening his mouth

CryptoPuzzle:

The SEC are disappointed that we aren't more excited about them regulating cryptos. How do we make them feel better?
a) Give them a box of tissues
b) Say it's not them, it's us
c) Offer them a crypto-kitty
d) Give them a Kinder Surprise with a Ledger Nano inside

Crypto IQ puzzle really helpful we do actually use it for IQ club at high school where I teach here in Nigeria. Thanks IQ cash for the privilege.
(3PJtZjcFQmjjVdHywXRKGcKmtGpfkpBZvJH)

Wow. That's great to hear. I'd like to know more about your club and school! Great stuff.

I've been mining IQCash for a few months now... it's great!  I work on the theory that I will idle a certain portion of my life away doing puzzles of some sort, so why not do these?   :D

We're still in the easy rounds, the puzzles are easy to do but not boring.  In fact, I have found that after doing over 10,000 of them, my mental arithmetic ability has greatly improved, thanks to the sequences and magiq squares.  So that's an added bonus.  The more visual puzzles are just plain fun.

Also I guess I'm a bit of a poster child for the project's stated goal of being a gateway drug into the world of crypto... I've spent a lot of time learning what it's all about, and am now convinced that it's not going to go away... so, thanks for that, IQCash!

Love the fact that we're almost to 1 million, that's 12.5% of the way through round 1!  Things will get even more interesting with this project after the easier rounds are finished, I think. 

I'd like to hear more about the school in Nigeria using this for their IQ club, too!  That's really cool.

(3PGFLvCMyEnNEZBNmGak34w1UNE4TYL2fNy)

It gives you a way to develop you intellectual level and to earn money. Clear that we can see a win to win strategy.

Would also like to know more about it. That sounds really good. In any case, I am pleased to read that people mining IQ Cash worldwide. Still around 10k puzzles to reach the first million.  :)

IQCash is a great concept and has gradually helped me get better at math equations over the past month. If anything, it has made me process numbers faster.

On the financial and trading side of things, it's also a great way to get started in crypto and earn something extra on the side. Especially for me, as I live in Suriname (South-America) where it's not going that great economically right now (inflation, high oil prices and all those other bad words).

Hopefully IQCash will stick around and get even better with time!  :D

[3P5U3xzAPvQX6ubSb8xFpiZ3Q14JRjw7Ugx]

Why mindlessly click faucets when you can engage your brain, having fun, solving puzzles and making iQCash tokens. I have been looking for a fun way to earn tokens. This is a way to do that. Can't be earning something when having fun.

Thanks, iQcash!

[ 3P6ZZ5N8pgoBEVuvPnYUPR4wKNQo9kRrREz ]

A really interesting idea, is it still live and going? Also are the tokens on any of the exchanges? It really might be worth to take a look if the tokens are worth something.

Absolutely alive and kicking! 994K coins mined out of a total of 21 million.

If you want to try out the mining (iQ Puzzles) the first round ones are easy. You can go straight here: https//iqcash.net/mining (http://https//iqcash.net/mining)

But you only start earning iQCash when you enter a Waves account address. There's info on the site about how to create a Waves address - it's pretty easy.

The only exchange you can trade it on at the moment is Waves DEX.  I think we'll need to get a few more million mined before looking at other Exchange listings. This is a long term project and is getting off to great start.

995K

996K

997K

998K

999K. Incredible!

1 million iQCash mined! Wow. That's  a lot of puzzles solved. Great effort from all the miners. This is a great start for this new idea.

Onwards and upwards!

wow very help my brain to be fresh again.... and i can get waves from iqcash
thanks admin

3PPb39WYCrU7nbGp2v7wNAYQgKBd1Ao3zW6

the mining in the system created by iQCash has many benefits and convenience of one of the miners was his fast and efficient system

Crongratz for that mark. 1M million puzzles is a huge mark ... and we made it
Here is the account with my small contribution to this great inicial target

3P9ACnKdz2Z43ttFF8LUYSgg1ardhZgCMYj

Ty and keep developing those nice puzzles to us!

Thanks. Have you been mining?
If so, what's your Waves address?

Coming soon: iQ+

That's when this project really gets moving...

Congratz....

3PCikYrysrRNdgmsSmxgXfSQA7DeEZK5oRv

Nice! 1 million IQCash puzzles are solved. I congratulate to this success. I also say thank you for the bonus payment in waves.  :)

If you've been waiting for the use-case of iQCash, please read the proposal for the iQ+ functionality here:
https://iqcash.net/iqplus/ (https://iqcash.net/iqplus/)

Any comments/feedback/suggestions would be of interest.

Congratz....
refresh my brain...
3PKw95CkkV7diA8YPswcirBpXitHRQL6kAh

Everything sounds very interesting. Maybe it would be good if you can also do competitions that involve more than 3 winners. That would be my suggestion.  :)

iQCash has just launched a use-case called iQ+, in which anyone can launch a Contest in order to incentivize people to help solve a problem.

It can be any type of problem, puzzle, algorithm, logo, program code, life dilemma or simple request for feedback on an idea, etc.

Contestants offer solutions and Contest holders pay the winners in iQCash.

If you want some bright minds to get to work solving your problem or giving some advice, launch a contest!
And if you like solving problems, and would like to get rewarded when you do, check it out at https://iQCash.net (click on the iQ+ menu.)