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Author Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake  (Read 523438 times)
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March 19, 2017, 02:18:03 AM
Last edit: March 19, 2017, 02:28:41 AM by Qtum
 #2861

Press Update:


NewsBTC.com reports on our opening 2 days, and how the Qtum project raised 12 million dollars.


The month-long Qtum crowdsale, which went underway on March 16, 2017 has received tremendous response from the cryptocurrency community. The platform has managed to raise almost 90 percent of the required funds in less than 2 days. The very first day saw investors pumping in about $12 million worth of bitcoin and ether to meet 75% of the goal. The Qtum platform has raised over 10000 BTCs and 68200 ETHs by selling close to 46 million QTUM tokens.





Blockchain technology has gained a lot of traction in the recent days as companies across industries are looking into adopting it. The increased demand, followed by innovation in the blockchain sector has given rise to platforms like Qtum. Qtum’s innovative smart contracts technology has received validation of consumer demand through its ongoing crowdsale.

The month-long Qtum crowdsale, which went underway on March 16, 2017 has received tremendous response from the cryptocurrency community. The platform has managed to raise almost 90 percent of the required funds in less than 2 days. The very first day saw investors pumping in about $12 million worth of bitcoin and ether to meet 75% of the goal. The Qtum platform has raised over 10000 BTCs and 68200 ETHs by selling close to 46 million QTUM tokens.

Qtum is a decentralized applications platform that combines a modified Bitcoin Core infrastructure with an intercompatible Ethereum Virtual Machine (EVM). By doing so, Qtum combines the best of both platforms — Bitcoin’s unfailing blockchain and endless possibilities offered by Ethereum smart contracts.

The developers of Qtum platform aim to provide an end-to-end multi-platform blockchain solution to cater to a range of applications across devices. These breakthrough capabilities are made possible by eliminating the need for specialized heavy software to create, deploy and operate the smart contracts.

The specialty of Qtum combined with its potential applications in low storage environments like mobile, phones, IoT applications etc., has turned it into an attractive investment for the cryptocurrency community.

The increased demand for QTUM tokens among the community has forced the platform to reallocate crowdsale tokens between exchanges. The three participating exchanges, Yunbi, BTC9 and Allcoin have been allocated additional QTUM tokens to meet the demand. According to the latest blog post, Yunbi has been allocated an additional 3 million tokens, 1.2 million to BTC9 and 500,000 to Allcoin. The extra allocation doesn’t affect the total number of tokens created by the platform has it is kept constant.








We are now past the Early Bird discount phase, moving onto the 1st week discounts.  We are less than 8% away from reaching our target of 51 million sold tokens.

If you are interested in participating, please see:


qtum.bizhongchou.com
ico365.com


















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March 19, 2017, 02:24:02 AM
 #2862

I think qtum is a scam and users should participate in other ICO's instead

Gleb Gamow
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March 19, 2017, 03:30:23 AM
 #2863

So some things I do not get

[6] Why are they relying on exchanges rather than btc and eth address, that the send coin out as eth and many others did.....why why why if you really believe in crypto tech use exchanges to ICO?

First, if they are scamming, you wouldn't know if purchases are real. It's a known con tactic to appear flashy and big to fool investors into thinking "it's big, so it must be legit." It's the same way that happened with Gaw miners and Paycoin. So many gullible investors burned for millions of dollars. At that time, everything appeared above board, except there's no evidence of actual mining from the company. Paycoin even had a large cult of followers/forum. Eventually, it fell apart. I believe the same thing will happen to QTUM. Maybe it will happen around August, 2017. First, there will be lots of excuses and no substantial proof of development, etc etc. And then the final blow will be a pump by the whales to lure in more dumb investors. Learn from history, dudes.

Second, since the Chinese market is their main victim, these people don't hold btc and eth as much as Westerners do. Their exchanges basically pair crypto with fiat (CNY), unlike the Western exchanges which pair altcoins with either eth or btc.

I spoke with Joe (not Josh; Joseph Mordica) of GAW during its nascent stage, and he share with me over the phone the exact location of one of GAW's warehouse which he owned in Hattiesburg, Mississippi (nobody knew this at the time). I was/am very, very familiar with Hattiesburg, so I asked him how close was the tornado to his warehouse a few years earlier, where he replied with having no knowledge of a tornado that passed literally within blocks of his place destroying that part of town. I presented the facts back then and people still put in millions. Crazy fucks!
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March 19, 2017, 05:12:52 AM
 #2864

Congratulations to the project team for this outstanding success!


Keep up the good work!
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March 19, 2017, 05:57:25 AM
 #2865

Congratulations to the project team for this outstanding success!


Keep up the good work!
yes ,what ever the comments are , congratulations , hope  Qtum team can do a  good job on this coin ,Like  Dash and eth

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March 19, 2017, 10:42:34 AM
 #2866

https://qtum.bizhongchou.com/qtum_dashboard

still have some coin left.. it's almost finished.


Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
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March 19, 2017, 10:49:09 AM
 #2867

There's not much hype of this project. Still it has managed to collect millions.
I mean, hype like other famous projects.

How can we ensure that all investments are real and not made by the team?

Also, it is strange that some people are investing in Ethereum. If they exchange Ethereum to Bitcoin and then invest they would get greater number of Qtums.

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March 19, 2017, 10:50:11 AM
 #2868


running farm worldwide
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March 19, 2017, 10:51:51 AM
 #2869

There's not much hype of this project. Still it has managed to collect millions.
I mean, hype like other famous projects.

How can we ensure that all investments are real and not made by the team?

Also, it is strange that some people are investing in Ethereum. If they exchange Ethereum to Bitcoin and then invest they would get greater number of Qtums.

famous project like elastic or some other project?

 Smiley

yes people can get more Qtum if they invest in BTC, since Ethereum is pump now.

running farm worldwide
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March 19, 2017, 10:52:59 AM
 #2870



do not post this again.. thank you.. waste too much space in thread.
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March 19, 2017, 11:03:56 AM
 #2871

https://www.forbes.com/sites/rogeraitken/2017/03/17/qtums-blockchain-crowdfund-scores-over-12m-from-bitcoin-ethereum-investors/#44088f8134ef





https://www.forbes.com/sites/rogeraitken/2017/03/17/qtums-blockchain-crowdfund-scores-over-12m-from-bitcoin-ethereum-investors/#44088f8134ef

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March 19, 2017, 11:18:28 AM
 #2872

QTUM is looking very successful crowdsale of the year so fast and quick. I think this will be another hype project from China and early investor will make full of bags profit as like this going to finish with huge amount. Congratulation for this amazing ICO.
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March 19, 2017, 11:29:10 AM
 #2873

so this is my first post here, its going to be a long one.
Ive been watching this board for months now and im a huge fan and supporter of the cryptocurrency scene but there are a few "new" tendencies that really scare me.

the beauty about cryptocurrency was that its a new and decentralized and some time even open source kind of movement. its not about politics and connection, its the techies, the programmers and the comunity shaping the future.

then the big bitcoin rise started people aparently got rich with investing small sums, and now i get a different vibe. this should be anti system or atleast a parallel world where people make new choices and bring in technologies that change the world. but its going in an old and strange direction where people like ver and buterin are treated like some kind of messias, people jump onto something because these guys are involved?

forbes news are beeing used as a proof of how good a ico is? icos are luring the comunity intelligence with bounties and all i read are either hateful anti comments or just plain advertisment?!

there are some serious information in this thread that this ico is a scam and the posts just get ignored? i really hope people start to calm down and really use their head again instead of getting greedy for fast and big money!

just my 2 cents!
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March 19, 2017, 12:13:47 PM
 #2874

This project is really one of a kind. One of a kind in terms of deceiving people.  Roll Eyes Ok they almost got already what they wanted. But I'll just wait for the time when those people who invested will cry because of this big time deceit.

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March 19, 2017, 02:56:28 PM
 #2875

so this is my first post here, its going to be a long one.
Ive been watching this board for months now and im a huge fan and supporter of the cryptocurrency scene but there are a few "new" tendencies that really scare me.

the beauty about cryptocurrency was that its a new and decentralized and some time even open source kind of movement. its not about politics and connection, its the techies, the programmers and the comunity shaping the future.

then the big bitcoin rise started people aparently got rich with investing small sums, and now i get a different vibe. this should be anti system or atleast a parallel world where people make new choices and bring in technologies that change the world. but its going in an old and strange direction where people like ver and buterin are treated like some kind of messias, people jump onto something because these guys are involved?

forbes news are beeing used as a proof of how good a ico is? icos are luring the comunity intelligence with bounties and all i read are either hateful anti comments or just plain advertisment?!

there are some serious information in this thread that this ico is a scam and the posts just get ignored? i really hope people start to calm down and really use their head again instead of getting greedy for fast and big money!

just my 2 cents!

I have the same sentiments as you. thats e whole main point about this new technology.
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March 19, 2017, 05:14:42 PM
 #2876

I think this project is one of the best in crypto this year! now with a successful crowdsale just sit and watch it happen, all the naysayers will cry later this year  Grin

You can still blame glebby for making you miss this one  Tongue
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March 19, 2017, 05:21:17 PM
 #2877

I think this project is one of the best in crypto this year! now with a successful crowdsale just sit and watch it happen, all the naysayers will cry later this year  Grin

You can still blame glebby for making you miss this one  Tongue

Best? No there will be more successfult ICOs which will be on

I bet people who invested expect a rapid rise in price on launch. All new alts on releases do go below ICO price for some time.

We will see in 3 months how this project is going. Till then I am out. Better pay double the price on exchange than investing and knowing that you were warned about it and you lose all your money!
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March 19, 2017, 05:25:52 PM
 #2878

I think this project is one of the best in crypto this year! now with a successful crowdsale just sit and watch it happen, all the naysayers will cry later this year  Grin

You can still blame glebby for making you miss this one  Tongue

Best? No there will be more successfult ICOs which will be on

I bet people who invested expect a rapid rise in price on launch. All new alts on releases do go below ICO price for some time.

We will see in 3 months how this project is going. Till then I am out. Better pay double the price on exchange than investing and knowing that you were warned about it and you lose all your money!

This one does not look like the kind that drops below ICO price, we will see  Smiley
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March 19, 2017, 05:35:03 PM
 #2879

I think this project is one of the best in crypto this year! now with a successful crowdsale just sit and watch it happen, all the naysayers will cry later this year  Grin

By the amount of money collected, it is probably the best, but it is more correct to evaluate the project by the amount of money earned on it.

Freedom to Ross Ulbricht!
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March 19, 2017, 07:02:09 PM
 #2880

In case you missed it, Qtum was featured on The Huffington Post






By Daniyal Sheikh


Bitcoin, the owner-less currency system introduced by a mysterious programmer going under the pseudonym of Satoshi Nakamoto, recently celebrated its 8th birthday. This year, the anniversary was especially festive, with the cryptocurrency trading at about $1000 per piece - stabilizing around a market cap. approaching 15 Billion USD. Not bad for an open-source project which began its career as a cyber-libertarian rebellion against a corrupt financial sector.

Since its humble first steps, Bitcoin soon managed to shed its counter-establishment flair and attracted the attention of entrepreneurs and regulators alike. But above all, the groundbreaking technology underlying the project, the blockchain, rapidly begun to spark hopes and dreams of techno-Utopian visionaries everywhere.

One gang of such visionaries, led by a 19 year-old prodigy named Vitalik Buterin, teamed up some four years ago to extend Nakamoto’s decentralized exchange model, so it could execute far more complicated transactions, enabling a wide array of new possibilities - ranging from “smart” contracts which execute themselves, to web applications that can’t be taken down, censored or attacked.

The real-world application of Butterin’s new blockchain gospel would probably revolutionize commerce and change it forever, enabling degrees of transparency and corporate accountability unseen since the dawn of the industrial revolution. However, the new and exciting abilities provided by the project came at a price: in order to sustain the complexity of the new platform, called Ethereum, Bitcoin’s elegant and rock solid transaction model had to be modified to the degree that interacting with its blockchain became a complicated and heavy-duty operation - thus far preventing it from exhausting its capabilities.

Combining Forces in Asia

The next step in blockchain’s evolution might come from a surprising angle. The Chinese government has recently listed blockchain technologies among the main development directions under the PRC’s 17th five year plan, and hopes to use the technology to fight corruption.

Following institutional backing, and building upon the under-utilized potential of smart contracts and decentralized applications, Qtum (pronounced Quantum), a Chinese startup, is detriment to push blockchain technologies towards mainstream adoption, promising to make the game-changing technology accessible to legacy organizations and governments around the globe for the first time.

Up until now mostly undiscovered by the western market, the Qtum Foundation has recently published an intriguing Whitepaper which has created ripples, reaching both sides of the Atlantic. The international team, led by a predominantly Chinese management, introduced a blockchain platform, combining Bitcoin’s proven-to-deliver architecture with Ethereum’s extended smart contracting abilities - a combination believed to be impossible until now. The implications of the proposed technology, if found to be functioning as advertised, are far reaching indeed, and bear the potential to disrupt the very way the internet works, while heralding a new age of decentralized commerce.

The blockchain space is notorious for harboring buzzword pumping startups, which very often fail to deliver on their hair-raising promises. The major investors in this industry have long become immune to empty rhetoric and are seldom impressed by teams, promising to reinvent the blockchain. However, judging by the amount of traction Qtum receives, this project seems to play in a different league.

Anthony Di Iorio, Ethereum Co-Founder, and CEO of JaxxWallet; Chen Weixing, Billionaire founder of Kuaidi, the Chinese version of Uber; Jeremy Gardner, co-founder of Augur and EIR at Blockchain Capital; David Lee Cuo Chuen, founder of Left Coast & Libai, as well as Bo Shen, General Partner at Fenbushi Capital; are only a few excerpts from a long and very impressive list of investors and advisers, gathered around Qtum.

Following legacy interest, but still taking the industry by surprise, the company recently announced that its business white paper has been co-developed by one of the ‘big four’ consultant agencies, being the first blockchain startup of its kind to do so.

This unusual involvement of legacy investors and regulators makes it very likely that we’re about to witness the third major breakthrough of decentralized technologies; Bitcoin, of course, being the first, Ethereum, with its smart contract concept the second, leading to the third in terms of finally implementing these principles in the real-world.

If Qtum, backed by its heavy-weight partners, succeeds in its endeavours, we could soon live in a world of decentralized international trade - applying to contracts, supply-chain management and corporate governance the same logic Bitcoin applied to money itself: rendering them cryptographically secured, transparent and immune to corruption and fraud.











Only 5.5% of the available Qtum tokens remain for sale, if you would like to participate, please visit:



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