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Author Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake  (Read 430274 times)
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March 13, 2017, 08:07:00 AM
 #2541

We can't stop them pause or cancel ICO, but we can prevent them from raising more money, therefore keep telling people the truth is the priority.

I have this theory, they are going to buy into their won ICO and the sheep will see this and follow the herds. I read some where that if they failed to raised enough fund they will sell the tokens to institution , I was now asking myself why can't they do this first instead of coming to the public for funding



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March 13, 2017, 08:19:56 AM
 #2542

So they are not hsoting the crowdsale on their website as an option?
Bull crap!

Our Crowd Sale website did not have KYC and AML functionality, so we are now using only exchanges.

Translated: Angel Backers gave us a million dollars so that we can raise $30M so that we can preform the complicated task of marrying Bitcoin to Ethereum, but we can't embed a ten-dollar script on our website in implementing KYC and AML functionalities like other sites do because they're such simpletons, always taking the path of least resistance, where in this space our obtuse course of action is what Vitalik Buterin referred to as "signalling", setting off what we've witness in this thread of late a not-so quiet riot while we maestro Come On Feel The Noize.

This better not be an ICO...
If you need ICO, please visit https://www.allcoin.com/

Funny how Mark was with the old AllCoin and now the new AllCoin, eh? Hey, Mark, how's James Feng been doin' since he sold AllCoin for $85,040 USD (RMB400,000)?

Sure. And some people just want to make it clear to others that there are some additional not so obvious risks here.

Whitepapers are cool but are they still going to release some code before the ICO?

We will provide a snapshot of the code 2 days before the Crowd Sale.

Translated: Normal people would say, "We will provide a snapshot of the code tomorrow." since the Crowdsale (one word is the general consensus) is in three days, but like everything else Team Qtum has relaid in this thread and abroad, the noisy way is the bestest way to relay abstracts.

We can't stop them pause or cancel ICO, but we can prevent them from raising more money, therefore keep telling people the truth is the priority.

I have this theory, they are going to buy into their won ICO and the sheep will see this and follow the herds. I read some where that if they failed to raised enough fund they will sell the tokens to institution , I was now asking myself why can't they do this first instead of coming to the public for funding

Could it be because ...


"We want gum! We want gum! We want gum!

... that, and they're US citizens? FWIW, it is Qtum's back-up plan.  Roll Eyes
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March 13, 2017, 09:44:40 AM
Last edit: March 13, 2017, 10:15:16 AM by Qtum
 #2543

Qtum Crowdsale Details:



From https://qtum.org/en/crowdsale




Qtum Crowdsale Details

1. What is the Qtum Token (QTUM)?
2. What is the total QTUM supply and initial distribution?
3. When does the Crowdsale take place?
4. What crypto-currencies are accepted in the crowdsale?
5. What is the price of Qtum tokens? What bonuses can I receive?
6. How can I participate?
7. How are the funds secured?



What is Qtum?


1. What is the Qtum Token (QTUM)?

QTUMs are cryptographic software tokens used to engage with distributed applications (“dApps”) and smart contracts on the Qtum platform. QTUMs will serve as the staking currency of the Qtum blockchain and fuel computational operations performed by the Qtum network.


2. What is the total QTUM supply and initial distribution?


With the setting of Qtum’s Genesis Block, one hundred million (100,000,000) QTUMs will be created as Qtum’s total token supply, on top of which ~1% annual Proof of Stake (PoS) inflation will be added.
The QTUM token supply will be allocated as follows:


51% of Qtum tokens (51,000,000) will be distributed through the crowdsale

51 million QTUMs will be available for acquisition during the crowdsale. The funds raised this way will be used to bankroll the operations of the Qtum Foundation for the next four years. This includes development, administration, marketing, financial and legal consultancy, etc. Remaining, unsold tokens from the crowdsale budget will be sold privately to institutional investors.
    

20% of Qtum tokens (20,000,000 QTUM) will be distributed among founders, early backers and the development team

Founders, early backers and the development team are rewarded with Qtum tokens for their efforts, resources, and technologies contributed to the development of the Qtum blockchain.
        

7% - 8% of (Deducted from the 20% above)  Qtum tokens will be allocated to early backers and investors.

Qtum received over 1 million US dollars from 32 early investors, including a host of notable blockchain entrepreneurs (see below). Additional early investors will be disclosed at a later stage.



            Anthony Di Iorio,   Co-founder of Ethereum and CEO at JAXX Wallet
            Roger Ver,   World’s first major investor in bitcoin startups
            Weixing Chen,   Founder of Kuaidi
            Jeremy Gardner,   Co-founder of Augur EIR at Blockchain Capital
            David Lee Kuo Chuen,   Founder of Left Coast, Libai and Dlee Capital Management
            Bo Shen,   Fenbushi Capital managing partner
            Jehan Chu,   Jen Advisors Ethereum Hong Kong Meetup
            Qingzhong Gao,   Director of HuaWei Strategic Cooperation
            Star Xu,   CEO of OKCoin
            Lihua Yi,   Partner at ZhongWo Investment
            Xiaolai Li,   Chinese Angel Investor



12% - 13% of Qtum tokens will be allocated to founders and the development team.

29% of Qtum tokens (29,000,000 QTUM) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion

During the next four years, the Qtum foundation will allocate 29% of the initial QTUM supply to third parties promoting the application and growth of the Qtum ecosystem. This budget will be held in publically viewable wallets and subjected to community scrutiny. Potential surpluses arising from this activity will be redistributed among Qtum token and stakeholders.


     

Business development (20%)

In order to incentivize the adoption of Qtum technology and to promote the development of early decentralized applications, 20% of the total initial QTUM supply will be dedicated to selected industries and projects. This includes funding of strategic planning, project support and coin swaps as detailed below.


  • 10% - half of the business development fund (10,000,000 Qtum tokens) will be used to facilitate the adoption of the Qtum blockchain in ten selected industries such as financial services, supply chain management, social media, online gaming, Internet of Things (IoT) and so forth. Qtum will reward selected DApps developed on the Qtum blockchain in proportion to their actual user base.
  • 10% - (10,000,000 Qtum tokens) will be used for the coin swaps. The Foundation will exchange Qtum tokens with crypto-tokens of other blockchain open source ecosystems, as well as app coins from dApps developed on the Qtum blockchain. The crypto-tokens and app coins acquired this way will be distributed among Qtum token and stakeholders.



Academic research, education, and market expansion (9%)

        
9% of Qtum’s initial token supply will be used to sponsor academic research, educational materials for developers, as well as promotion of Qtum technologies and contributions to open source communities. Some of the planned activities include:


  • Establishing research labs in cooperation with high profile universities
  • Creating tutorials and educational materials for Qtum developers
  • Cooperation with other open source communities such as Linux, JavaScript, Docker, Php
  • Events and conferences to raise the awareness of the Qtum technology and facilitate market adoption


3. When does the Crowdsale take place?

The Qtum Crowdsale will start at 12PM GMT (8pm Beijing), March 16th, 2017 and end at 12PM GMT, April 15th, 2017 (after 30 days) or when all 51 million Qtum tokens are sold.


4. What crypto-currencies are accepted in the crowdsale?

During the crowdsale QTUMs are sold against Bitcoin (BTC) and Ether (ETH).
            
            
5. What is the price of Qtum tokens? What bonuses can I receive?

The Qtum crowdsale includes four price tiers, lasting one week each, as well as an early bird bonus phase as detailed below (all times in GMT). QTUM price against ETH will be determined at sale start according to ETH/BTC market price.  





6. How can I participate?

The Qtum Crowdsale will be facilitated on selected online crypto-currency exchanges and crowdfunding portals. You can participate via any of the following venues:






7. How are the funds secured?

All funds collected during this sale will be deposited in secured multi-sig wallets. Keys to said wallets will be held by several officers and executives of the Qtum Foundation, making it so that all outgoing transaction have to be verified by multiple parties.






For more information, please see these resources:

Qtum Whitepaper and Economy Paper:

https://qtum.org/en/white-papers

Qtum Videos:

Technical Overview Video: https://qtum.org/en/videos/qtum-technical-introduction-and-demonstration

Qtum GoMobile Video: https://qtum.org/en/videos/qtum-go-mobile-demo

Qtum "Defining The Blockchain Economy" video: https://qtum.org/en/videos/defining-the-blockchain-economy

Qtum @ Ethereum Development Conference, Paris:  https://qtum.org/en/videos/qtum-presentation-at-edcon


Qtum More Information:

https://qtum.org/en/learn-more-about-qtum








▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ Qtum █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
●▬●▬●▬● First UTXO Based PoS Smart Contract and DAPP Platform ●▬●▬●▬●
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March 13, 2017, 10:55:21 AM
 #2544

Qtum Crowdsale Details:



From https://qtum.org/en/crowdsale




Qtum Crowdsale Details

1. What is the Qtum Token (QTUM)?
2. What is the total QTUM supply and initial distribution?
3. When does the Crowdsale take place?
4. What crypto-currencies are accepted in the crowdsale?
5. What is the price of Qtum tokens? What bonuses can I receive?
6. How can I participate?
7. How are the funds secured?



What is Qtum?


1. What is the Qtum Token (QTUM)?

QTUMs are cryptographic software tokens used to engage with distributed applications (“dApps”) and smart contracts on the Qtum platform. QTUMs will serve as the staking currency of the Qtum blockchain and fuel computational operations performed by the Qtum network.


2. What is the total QTUM supply and initial distribution?


With the setting of Qtum’s Genesis Block, one hundred million (100,000,000) QTUMs will be created as Qtum’s total token supply, on top of which ~1% annual Proof of Stake (PoS) inflation will be added.
The QTUM token supply will be allocated as follows:


51% of Qtum tokens (51,000,000) will be distributed through the crowdsale

51 million QTUMs will be available for acquisition during the crowdsale. The funds raised this way will be used to bankroll the operations of the Qtum Foundation for the next four years. This includes development, administration, marketing, financial and legal consultancy, etc. Remaining, unsold tokens from the crowdsale budget will be sold privately to institutional investors.
    

20% of Qtum tokens (20,000,000 QTUM) will be distributed among founders, early backers and the development team

Founders, early backers and the development team are rewarded with Qtum tokens for their efforts, resources, and technologies contributed to the development of the Qtum blockchain.
        

7% - 8% of (Deducted from the 20% above)  Qtum tokens will be allocated to early backers and investors.

Qtum received over 1 million US dollars from 32 early investors, including a host of notable blockchain entrepreneurs (see below). Additional early investors will be disclosed at a later stage.



            Anthony Di Iorio,   Co-founder of Ethereum and CEO at JAXX Wallet
            Roger Ver,   World’s first major investor in bitcoin startups
            Weixing Chen,   Founder of Kuaidi
            Jeremy Gardner,   Co-founder of Augur EIR at Blockchain Capital
            David Lee Kuo Chuen,   Founder of Left Coast, Libai and Dlee Capital Management
            Bo Shen,   Fenbushi Capital managing partner
            Jehan Chu,   Jen Advisors Ethereum Hong Kong Meetup
            Qingzhong Gao,   Director of HuaWei Strategic Cooperation
            Star Xu,   CEO of OKCoin
            Lihua Yi,   Partner at ZhongWo Investment
            Xiaolai Li,   Chinese Angel Investor



12% - 13% of Qtum tokens will be allocated to founders and the development team.

29% of Qtum tokens (29,000,000 QTUM) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion

During the next four years, the Qtum foundation will allocate 29% of the initial QTUM supply to third parties promoting the application and growth of the Qtum ecosystem. This budget will be held in publically viewable wallets and subjected to community scrutiny. Potential surpluses arising from this activity will be redistributed among Qtum token and stakeholders.


     

Business development (20%)

In order to incentivize the adoption of Qtum technology and to promote the development of early decentralized applications, 20% of the total initial QTUM supply will be dedicated to selected industries and projects. This includes funding of strategic planning, project support and coin swaps as detailed below.


  • 10% - half of the business development fund (10,000,000 Qtum tokens) will be used to facilitate the adoption of the Qtum blockchain in ten selected industries such as financial services, supply chain management, social media, online gaming, Internet of Things (IoT) and so forth. Qtum will reward selected DApps developed on the Qtum blockchain in proportion to their actual user base.
  • 10% - (10,000,000 Qtum tokens) will be used for the coin swaps. The Foundation will exchange Qtum tokens with crypto-tokens of other blockchain open source ecosystems, as well as app coins from dApps developed on the Qtum blockchain. The crypto-tokens and app coins acquired this way will be distributed among Qtum token and stakeholders.



Academic research, education, and market expansion (9%)

        
9% of Qtum’s initial token supply will be used to sponsor academic research, educational materials for developers, as well as promotion of Qtum technologies and contributions to open source communities. Some of the planned activities include:


  • Establishing research labs in cooperation with high profile universities
  • Creating tutorials and educational materials for Qtum developers
  • Cooperation with other open source communities such as Linux, JavaScript, Docker, Php
  • Events and conferences to raise the awareness of the Qtum technology and facilitate market adoption


3. When does the Crowdsale take place?

The Qtum Crowdsale will start at 12PM GMT (8pm Beijing), March 16th, 2017 and end at 12PM GMT, April 15th, 2017 (after 30 days) or when all 51 million Qtum tokens are sold.


4. What crypto-currencies are accepted in the crowdsale?

During the crowdsale QTUMs are sold against Bitcoin (BTC) and Ether (ETH).
            
            
5. What is the price of Qtum tokens? What bonuses can I receive?

The Qtum crowdsale includes four price tiers, lasting one week each, as well as an early bird bonus phase as detailed below (all times in GMT). QTUM price against ETH will be determined at sale start according to ETH/BTC market price.  





6. How can I participate?

The Qtum Crowdsale will be facilitated on selected online crypto-currency exchanges and crowdfunding portals. You can participate via any of the following venues:






7. How are the funds secured?

All funds collected during this sale will be deposited in secured multi-sig wallets. Keys to said wallets will be held by several officers and executives of the Qtum Foundation, making it so that all outgoing transaction have to be verified by multiple parties.






For more information, please see these resources:

Qtum Whitepaper and Economy Paper:

https://qtum.org/en/white-papers

Qtum Videos:

Technical Overview Video: https://qtum.org/en/videos/qtum-technical-introduction-and-demonstration

Qtum GoMobile Video: https://qtum.org/en/videos/qtum-go-mobile-demo

Qtum "Defining The Blockchain Economy" video: https://qtum.org/en/videos/defining-the-blockchain-economy

Qtum @ Ethereum Development Conference, Paris:  https://qtum.org/en/videos/qtum-presentation-at-edcon


Qtum More Information:

https://qtum.org/en/learn-more-about-qtum









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March 13, 2017, 10:55:46 AM
 #2545

Was eager to participate in qtum ICO but have now changed my mind because of all the accussations put against Qtum devs and their failure to satisfactorily counter them.

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March 13, 2017, 10:55:57 AM
 #2546

where is the source code ?




???

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March 13, 2017, 10:57:38 AM
 #2547

Was eager to participate in qtum ICO but have now changed my mind because of all the accussations put against Qtum devs and their failure to satisfactorily counter them.

same feeling with you.

but i will buy some incase they pump it hard.

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March 13, 2017, 11:01:54 AM
 #2548

Qtum Crowdsale Details:



From https://qtum.org/en/crowdsale




Qtum Crowdsale Details

1. What is the Qtum Token (QTUM)?
2. What is the total QTUM supply and initial distribution?
3. When does the Crowdsale take place?
4. What crypto-currencies are accepted in the crowdsale?
5. What is the price of Qtum tokens? What bonuses can I receive?
6. How can I participate?
7. How are the funds secured?



What is Qtum?


1. What is the Qtum Token (QTUM)?

QTUMs are cryptographic software tokens used to engage with distributed applications (“dApps”) and smart contracts on the Qtum platform. QTUMs will serve as the staking currency of the Qtum blockchain and fuel computational operations performed by the Qtum network.


2. What is the total QTUM supply and initial distribution?


With the setting of Qtum’s Genesis Block, one hundred million (100,000,000) QTUMs will be created as Qtum’s total token supply, on top of which ~1% annual Proof of Stake (PoS) inflation will be added.
The QTUM token supply will be allocated as follows:


51% of Qtum tokens (51,000,000) will be distributed through the crowdsale

51 million QTUMs will be available for acquisition during the crowdsale. The funds raised this way will be used to bankroll the operations of the Qtum Foundation for the next four years. This includes development, administration, marketing, financial and legal consultancy, etc. Remaining, unsold tokens from the crowdsale budget will be sold privately to institutional investors.
    

20% of Qtum tokens (20,000,000 QTUM) will be distributed among founders, early backers and the development team

Founders, early backers and the development team are rewarded with Qtum tokens for their efforts, resources, and technologies contributed to the development of the Qtum blockchain.
        

7% - 8% of (Deducted from the 20% above)  Qtum tokens will be allocated to early backers and investors.

Qtum received over 1 million US dollars from 32 early investors, including a host of notable blockchain entrepreneurs (see below). Additional early investors will be disclosed at a later stage.



            Anthony Di Iorio,   Co-founder of Ethereum and CEO at JAXX Wallet
            Roger Ver,   World’s first major investor in bitcoin startups
            Weixing Chen,   Founder of Kuaidi
            Jeremy Gardner,   Co-founder of Augur EIR at Blockchain Capital
            David Lee Kuo Chuen,   Founder of Left Coast, Libai and Dlee Capital Management
            Bo Shen,   Fenbushi Capital managing partner
            Jehan Chu,   Jen Advisors Ethereum Hong Kong Meetup
            Qingzhong Gao,   Director of HuaWei Strategic Cooperation
            Star Xu,   CEO of OKCoin
            Lihua Yi,   Partner at ZhongWo Investment
            Xiaolai Li,   Chinese Angel Investor



12% - 13% of Qtum tokens will be allocated to founders and the development team.

29% of Qtum tokens (29,000,000 QTUM) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion

During the next four years, the Qtum foundation will allocate 29% of the initial QTUM supply to third parties promoting the application and growth of the Qtum ecosystem. This budget will be held in publically viewable wallets and subjected to community scrutiny. Potential surpluses arising from this activity will be redistributed among Qtum token and stakeholders.


     

Business development (20%)

In order to incentivize the adoption of Qtum technology and to promote the development of early decentralized applications, 20% of the total initial QTUM supply will be dedicated to selected industries and projects. This includes funding of strategic planning, project support and coin swaps as detailed below.


  • 10% - half of the business development fund (10,000,000 Qtum tokens) will be used to facilitate the adoption of the Qtum blockchain in ten selected industries such as financial services, supply chain management, social media, online gaming, Internet of Things (IoT) and so forth. Qtum will reward selected DApps developed on the Qtum blockchain in proportion to their actual user base.
  • 10% - (10,000,000 Qtum tokens) will be used for the coin swaps. The Foundation will exchange Qtum tokens with crypto-tokens of other blockchain open source ecosystems, as well as app coins from dApps developed on the Qtum blockchain. The crypto-tokens and app coins acquired this way will be distributed among Qtum token and stakeholders.



Academic research, education, and market expansion (9%)

        
9% of Qtum’s initial token supply will be used to sponsor academic research, educational materials for developers, as well as promotion of Qtum technologies and contributions to open source communities. Some of the planned activities include:


  • Establishing research labs in cooperation with high profile universities
  • Creating tutorials and educational materials for Qtum developers
  • Cooperation with other open source communities such as Linux, JavaScript, Docker, Php
  • Events and conferences to raise the awareness of the Qtum technology and facilitate market adoption


3. When does the Crowdsale take place?

The Qtum Crowdsale will start at 12PM GMT (8pm Beijing), March 16th, 2017 and end at 12PM GMT, April 15th, 2017 (after 30 days) or when all 51 million Qtum tokens are sold.


4. What crypto-currencies are accepted in the crowdsale?

During the crowdsale QTUMs are sold against Bitcoin (BTC) and Ether (ETH).
            
            
5. What is the price of Qtum tokens? What bonuses can I receive?

The Qtum crowdsale includes four price tiers, lasting one week each, as well as an early bird bonus phase as detailed below (all times in GMT). QTUM price against ETH will be determined at sale start according to ETH/BTC market price.  





6. How can I participate?

The Qtum Crowdsale will be facilitated on selected online crypto-currency exchanges and crowdfunding portals. You can participate via any of the following venues:






7. How are the funds secured?

All funds collected during this sale will be deposited in secured multi-sig wallets. Keys to said wallets will be held by several officers and executives of the Qtum Foundation, making it so that all outgoing transaction have to be verified by multiple parties.






For more information, please see these resources:

Qtum Whitepaper and Economy Paper:

https://qtum.org/en/white-papers

Qtum Videos:

Technical Overview Video: https://qtum.org/en/videos/qtum-technical-introduction-and-demonstration

Qtum GoMobile Video: https://qtum.org/en/videos/qtum-go-mobile-demo

Qtum "Defining The Blockchain Economy" video: https://qtum.org/en/videos/defining-the-blockchain-economy

Qtum @ Ethereum Development Conference, Paris:  https://qtum.org/en/videos/qtum-presentation-at-edcon


Qtum More Information:

https://qtum.org/en/learn-more-about-qtum




So Qtum team only hold 12% Qtum Token rather than 49% ?

why people say 49% ?





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March 13, 2017, 11:32:00 AM
 #2549

Anyone familiar with any of the exchanges other than Yunbi?
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March 13, 2017, 11:33:04 AM
 #2550

where is the source code ?




???

We will release a snapshot of the code 2 days before the Crowd Sale.  This will not be a finished product, or a working test network, it will show our progress.  There will be a Roadmap shortly that will go over the time frame.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ Qtum █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
●▬●▬●▬● First UTXO Based PoS Smart Contract and DAPP Platform ●▬●▬●▬●
▃▃▃▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▃▃▃
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March 13, 2017, 11:35:37 AM
 #2551


51% of Qtum tokens (51,000,000) will be distributed through the crowdsale

20% of Qtum tokens (20,000,000 QTUM) will be distributed among founders, early backers and the development team

Founders, early backers and the development team are rewarded with Qtum tokens for their efforts, resources, and technologies contributed to the development of the Qtum blockchain.
        
7% - 8% of (Deducted from the 20% above)  Qtum tokens will be allocated to early backers and investors.

12% - 13% of Qtum tokens will be allocated to founders and the development team.

29% of Qtum tokens (29,000,000 QTUM) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion


So Qtum team only hold 12% Qtum Token rather than 49% ?

why people say 49% ?


Qtum team gets 12-13%. 7-8% is for early backers and investors. That adds up to 20%.

29% is for community initiatives.

20 + 29 = 49%

Crowdsale participants get the remaining 51%
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March 13, 2017, 03:34:59 PM
 #2552

Quote
The Qtum platform was never presented as a “get rich quick” scheme.

Was eager to participate in qtum ICO but have now changed my mind because of all the accussations put against Qtum devs and their failure to satisfactorily counter them.

same feeling with you.

but i will buy some incase they pump it hard.

A non-profit does not simply pump it hard when it's not a get rich scheme for you, them, their investors OR their Angel Backers.

Case in point ...

            Anthony Di Iorio,   Co-founder of Ethereum and CEO at JAXX Wallet
            Roger Ver,   World’s first major investor in bitcoin startups
            Weixing Chen,   Founder of Kuaidi
            Jeremy Gardner,   Co-founder of Augur EIR at Blockchain Capital
            David Lee Kuo Chuen,   Founder of Left Coast, Libai and Dlee Capital Management
            Bo Shen,   Fenbushi Capital managing partner
            Jehan Chu,   Jen Advisors Ethereum Hong Kong Meetup
            Qingzhong Gao,   Director of HuaWei Strategic Cooperation
            Star Xu,   CEO of OKCoin
            Lihua Yi,   Partner at ZhongWo Investment
            Xiaolai Li,   Chinese Angel Investor

... not a single person on the list above gives a shit about profit or ROI when it comes to Qtum because they're astute investors seeing the full value that the non-profit Qtum will bring to the cryptocurrency space after $30M is pumped into the endeavor sourced from the mainly Western crowd of the crowdsale during the next 30 days at $1M/day, all thanks to the dudes above who seeded Qtum with their combined $1M.

Bruno's paid-to-not-post-researched-irregularities handlers to Bruno: You're an opinionated little bitch, aren't you?
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March 13, 2017, 03:41:34 PM
 #2553

when the mainnet will be released ?

thank you

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March 13, 2017, 03:43:36 PM
 #2554

Qtum Crowdsale Details:



From https://qtum.org/en/crowdsale




Qtum Crowdsale Details

1. What is the Qtum Token (QTUM)?
2. What is the total QTUM supply and initial distribution?
3. When does the Crowdsale take place?
4. What crypto-currencies are accepted in the crowdsale?
5. What is the price of Qtum tokens? What bonuses can I receive?
6. How can I participate?
7. How are the funds secured?



What is Qtum?


1. What is the Qtum Token (QTUM)?

QTUMs are cryptographic software tokens used to engage with distributed applications (“dApps”) and smart contracts on the Qtum platform. QTUMs will serve as the staking currency of the Qtum blockchain and fuel computational operations performed by the Qtum network.


2. What is the total QTUM supply and initial distribution?


With the setting of Qtum’s Genesis Block, one hundred million (100,000,000) QTUMs will be created as Qtum’s total token supply, on top of which ~1% annual Proof of Stake (PoS) inflation will be added.
The QTUM token supply will be allocated as follows:


51% of Qtum tokens (51,000,000) will be distributed through the crowdsale

51 million QTUMs will be available for acquisition during the crowdsale. The funds raised this way will be used to bankroll the operations of the Qtum Foundation for the next four years. This includes development, administration, marketing, financial and legal consultancy, etc. Remaining, unsold tokens from the crowdsale budget will be sold privately to institutional investors.
    

20% of Qtum tokens (20,000,000 QTUM) will be distributed among founders, early backers and the development team

Founders, early backers and the development team are rewarded with Qtum tokens for their efforts, resources, and technologies contributed to the development of the Qtum blockchain.
        

7% - 8% of (Deducted from the 20% above)  Qtum tokens will be allocated to early backers and investors.

Qtum received over 1 million US dollars from 32 early investors, including a host of notable blockchain entrepreneurs (see below). Additional early investors will be disclosed at a later stage.



            Anthony Di Iorio,   Co-founder of Ethereum and CEO at JAXX Wallet
            Roger Ver,   World’s first major investor in bitcoin startups
            Weixing Chen,   Founder of Kuaidi
            Jeremy Gardner,   Co-founder of Augur EIR at Blockchain Capital
            David Lee Kuo Chuen,   Founder of Left Coast, Libai and Dlee Capital Management
            Bo Shen,   Fenbushi Capital managing partner
            Jehan Chu,   Jen Advisors Ethereum Hong Kong Meetup
            Qingzhong Gao,   Director of HuaWei Strategic Cooperation
            Star Xu,   CEO of OKCoin
            Lihua Yi,   Partner at ZhongWo Investment
            Xiaolai Li,   Chinese Angel Investor



12% - 13% of Qtum tokens will be allocated to founders and the development team.

29% of Qtum tokens (29,000,000 QTUM) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion

During the next four years, the Qtum foundation will allocate 29% of the initial QTUM supply to third parties promoting the application and growth of the Qtum ecosystem. This budget will be held in publically viewable wallets and subjected to community scrutiny. Potential surpluses arising from this activity will be redistributed among Qtum token and stakeholders.


     

Business development (20%)

In order to incentivize the adoption of Qtum technology and to promote the development of early decentralized applications, 20% of the total initial QTUM supply will be dedicated to selected industries and projects. This includes funding of strategic planning, project support and coin swaps as detailed below.


  • 10% - half of the business development fund (10,000,000 Qtum tokens) will be used to facilitate the adoption of the Qtum blockchain in ten selected industries such as financial services, supply chain management, social media, online gaming, Internet of Things (IoT) and so forth. Qtum will reward selected DApps developed on the Qtum blockchain in proportion to their actual user base.
  • 10% - (10,000,000 Qtum tokens) will be used for the coin swaps. The Foundation will exchange Qtum tokens with crypto-tokens of other blockchain open source ecosystems, as well as app coins from dApps developed on the Qtum blockchain. The crypto-tokens and app coins acquired this way will be distributed among Qtum token and stakeholders.



Academic research, education, and market expansion (9%)

        
9% of Qtum’s initial token supply will be used to sponsor academic research, educational materials for developers, as well as promotion of Qtum technologies and contributions to open source communities. Some of the planned activities include:


  • Establishing research labs in cooperation with high profile universities
  • Creating tutorials and educational materials for Qtum developers
  • Cooperation with other open source communities such as Linux, JavaScript, Docker, Php
  • Events and conferences to raise the awareness of the Qtum technology and facilitate market adoption


3. When does the Crowdsale take place?

The Qtum Crowdsale will start at 12PM GMT (8pm Beijing), March 16th, 2017 and end at 12PM GMT, April 15th, 2017 (after 30 days) or when all 51 million Qtum tokens are sold.


4. What crypto-currencies are accepted in the crowdsale?

During the crowdsale QTUMs are sold against Bitcoin (BTC) and Ether (ETH).
            
            
5. What is the price of Qtum tokens? What bonuses can I receive?

The Qtum crowdsale includes four price tiers, lasting one week each, as well as an early bird bonus phase as detailed below (all times in GMT). QTUM price against ETH will be determined at sale start according to ETH/BTC market price.  





6. How can I participate?

The Qtum Crowdsale will be facilitated on selected online crypto-currency exchanges and crowdfunding portals. You can participate via any of the following venues:






7. How are the funds secured?

All funds collected during this sale will be deposited in secured multi-sig wallets. Keys to said wallets will be held by several officers and executives of the Qtum Foundation, making it so that all outgoing transaction have to be verified by multiple parties.






For more information, please see these resources:

Qtum Whitepaper and Economy Paper:

https://qtum.org/en/white-papers

Qtum Videos:

Technical Overview Video: https://qtum.org/en/videos/qtum-technical-introduction-and-demonstration

Qtum GoMobile Video: https://qtum.org/en/videos/qtum-go-mobile-demo

Qtum "Defining The Blockchain Economy" video: https://qtum.org/en/videos/defining-the-blockchain-economy

Qtum @ Ethereum Development Conference, Paris:  https://qtum.org/en/videos/qtum-presentation-at-edcon


Qtum More Information:

https://qtum.org/en/learn-more-about-qtum










what will happen to the unsold tokens?
what you mean by sell to institutions ? will they get a cheaper price?

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March 13, 2017, 03:44:48 PM
 #2555

where is the source code ?




???

We will release a snapshot of the code 2 days before the Crowd Sale.  This will not be a finished product, or a working test network, it will show our progress.  There will be a Roadmap shortly that will go over the time frame.

About two months ago it was all the rage that Qtum had a working Testnet, just working the bugs out with promises of an immanent release, but now Qtum promising JUST a snapshot of the code 2 days before the Crowd Sale (one word!; this is like talking to Leroy Fodor), where for those playing at home, it's currently three days till Qtum's crowdsale, ergo the complicated math looks like this -> (Xtoday + 3days) - 2days = t0m0rr0w.
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March 13, 2017, 03:45:27 PM
 #2556

 Anthony Di Iorio,   Co-founder of Ethereum and CEO at JAXX Wallet
            Roger Ver,   World’s first major investor in bitcoin startups
            Weixing Chen,   Founder of Kuaidi
            Jeremy Gardner,   Co-founder of Augur EIR at Blockchain Capital
            David Lee Kuo Chuen,   Founder of Left Coast, Libai and Dlee Capital Management
            Bo Shen,   Fenbushi Capital managing partner
            Jehan Chu,   Jen Advisors Ethereum Hong Kong Meetup
            Qingzhong Gao,   Director of HuaWei Strategic Cooperation
            Star Xu,   CEO of OKCoin
            Lihua Yi,   Partner at ZhongWo Investment
            Xiaolai Li,   Chinese Angel Investor






when will these investors get the Qtum token and will they sell it?

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March 13, 2017, 03:46:59 PM
 #2557

where is the source code ?




???

We will release a snapshot of the code 2 days before the Crowd Sale.  This will not be a finished product, or a working test network, it will show our progress.  There will be a Roadmap shortly that will go over the time frame.

About two months ago it was all the rage that Qtum had a working Testnet, just working the bugs out with promises of an immanent release, but now Qtum promising JUST a snapshot of the code 2 days before the Crowd Sale (one word!; this is like talking to Leroy Fodor), where for those playing at home, it's currently three days till Qtum's crowdsale, ergo the complicated math looks like this -> (Xtoday + 3days) - 2days = t0m0rr0w.

no need to participate qtum crowdsale man..
glad to have you here.  Smiley

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March 13, 2017, 03:48:54 PM
 #2558

From the Chinese wechat community, people already start to deposit BTC and ETH to the exchanges now.

more than 5000 people will participate the crowdsale in china.  Smiley
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March 13, 2017, 03:50:45 PM
 #2559

looks good project..
i want to join ICO, i hope this not scam  Smiley
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March 13, 2017, 03:55:06 PM
 #2560

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