[ANN][QAU] QUANTUM PROJECT - Connecting markets

[clickerz]

Oh cool, now i am more interested...  Eh, you know this community, cynical and we write things off quickly, sometimes too quickly it seems!
I will be awaiting where this goes now!

@OP  ADD some shit! Cause ya, you dont want people like me just coming by and writing you off too quick if you have something REAL here! i look forward to updates!

Our aim is to use funds collected from the sale of Quantum tokens to increase liquidity of various crypto currency markets. This will be done by providing funds for margin trading to exchanges, connecting various markets by arbitraging price differences and making markets using price neutral algorithmic trading. All these activities generate income in the long run. This income will be used to buy back tokens on the open market which will result in the total supply of tokens to go down over time and create a real deflationary currency. This process will be completely transparent and could be audited on the public blockchain.

Our presale period is not designed to get tons of money in. We offer no early discounts as we want to play fair. We believe most people will want to own Quantums after the presale is done and they see the destruction of coins in action. This will be the best proof we are honest and doing what we promised to do.

We have already established relationships with operators of some crypto currencies and made commitments to support the liquidity of their trading pairs on different exchanges. They will respond to this post and confirm our claims as soon as they are notified by us.

Thank you for this clarifications. Though it may sounds technical to me but somehow it gives us an idea how this project going. Wishing the success of this project.

[Marma Kalari]

I have sent an email to you regarding the translation job and hope to get a reply from you.I like the idea behind a deflationary currency because the price never goes down if the tokens are destroyed ,but i would like to know what is the process and how does the audit takes place and what determines the value to be destroyed,i am not used to a currency with a negative inflation and so is the reason i do have these doubts.

[Weatherby]

Nowadays it's so easy to start an ICO with some help from fiverr and upwork. Just saying.....

It is a common place where you can earn more money with it by coming up with a good flashy idea and make an ICO, I would like to hear more about this project as i can see almost 11 investors investing a total of 24.87 bitcoin till now which is indeed a good start for a pre sale ,but it is not clear how much discount you will get if you are investing now.

Basically there is no difference if you invest now or at the end of the presale. Our opinion is that giving a discount to early investors is unfair, since it takes money from the people who buy later in the presale and gives it to the early investors.
Our goal is not to lure in as many people as possible and collect as much money as possible. Our presale would be successful even if we only collected 1 BTC. We also haven't set any minimums or maximums for our campaign.

Ok buddy got it,i thought there is an advantage like ,you will get an additional bonus for being an early investor like we used to see in some pre sales,so basically pre sales is to test the waters before the real ICO right. But one more thing i noticed is that pre sale investment can be done only through bitcoin and are you planning to change that and add more investment options before the pre sale ends.

[Freaks]

Who is the escrow for this presale I didn't find any information about them. No technical information about this mechanism how this will work and who is behind the scene as well as where I can find the introduction about team members?

[dinc]

Who is the escrow for this presale I didn't find any information about them. No technical information about this mechanism how this will work and who is behind the scene as well as where I can find the introduction about team members?

And u never find info like that, as because there is no such thing in nature. Make cool site - make acc on bitcointalk, make - ann thread , think up some legend and try to collect some BTC from users for u ICO. Easy money.

[johnwest]

Who is the escrow for this presale I didn't find any information about them. No technical information about this mechanism how this will work and who is behind the scene as well as where I can find the introduction about team members?

And u never find info like that, as because there is no such thing in nature. Make cool site - make acc on bitcointalk, make - ann thread , think up some legend and try to collect some BTC from users for u ICO. Easy money.

99% of the ICO projects are like that but am still waiting for more details about this. It is displaying as 45 BTC are already invested in Quantum, I dont know how anyone will invest with this much information but want to know about it so have emailed them regarding this.
Hope to get some reply.

[minorman]

OP created the thread on 15th and the same date crowdsale has started,Can we at least have the details of the escrow I didnt find one at the first page

[frankkkkkkk]

 Have read the white paper and find nothing useful...Watching out

[QUANTUM-Project]

I have sent an email to you regarding the translation job and hope to get a reply from you.I like the idea behind a deflationary currency because the price never goes down if the tokens are destroyed ,but i would like to know what is the process and how does the audit takes place and what determines the value to be destroyed,i am not used to a currency with a negative inflation and so is the reason i do have these doubts.

Let me give you an example. Let's say Quantum project collects 100 BTC in the presale (and the price of bitcoin is $1000). In that case 2,000,000 QAU ($0.05 per QAU) are issued to the presale investors.

Quantum project then deploys those 100 bitcoins to the market, engaging in lending, arbitraging and market making on different crypto currencies. These activities generate 1 BTC profit after a month of activities.

This 1 BTC generated during the month is then used to buy back QAU on the exchange that has the lowest price available. Let's again assume, the price of QAU after one month is still equivalent to $0.05 on the market and that bitcoin is still sitting at $1000.

That means we buy back 20,000 QAU and send them to the black hole address. The black hole address will be stated on our website and could be audited using any blockexplorer available on the internet.

After all that we are left with 1,980,000 QAU in circulation (2,000,000 issued - 20,000 destroyed). This process is then repeated on a monthly basis and slowly destroys Quantums over time.

[btcrocks]

I would like to reserve Indian(tamil) translation..

[QUANTUM-Project]

Ok buddy got it,i thought there is an advantage like ,you will get an additional bonus for being an early investor like we used to see in some pre sales,so basically pre sales is to test the waters before the real ICO right. But one more thing i noticed is that pre sale investment can be done only through bitcoin and are you planning to change that and add more investment options before the pre sale ends.

Bitcoin will remain the only option available. The thing is that collecting different currencies creates problems for investors as the values of those currencies float against each other.

If there is 50% invested using bitcoin and 50% using ethereum a normal thing would be for every investor to get 50%. But if bitcoin goes up 100% during the presale period and ethereum stays the same (or the other way around), 75% of tokens would get distributed to bitcoin investors and only 25% to ethereum investors. To get an even playing field we decided to go with only one currency and chose bitcoin because it is the reserve currency of the crypto economy.

[Aurum Project]

We have already established relationships with operators of some crypto currencies and made commitments to support the liquidity of their trading pairs on different exchanges. They will respond to this post and confirm our claims as soon as they are notified by us.

We can confirm that we've been in contact with the Quantum team, and are looking forward to the development of this project.

[jaceefrost]

We have already established relationships with operators of some crypto currencies and made commitments to support the liquidity of their trading pairs on different exchanges. They will respond to this post and confirm our claims as soon as they are notified by us.

We can confirm that we've been in contact with the Quantum team, and are looking forward to the development of this project.

I was previously a XAur holder and if they say that they are keeping in touch of this new project then I think this project will be another success. I have sent a response to the PM about the translation, will you please send me the PDF files so I can start and finish it as soon as I can ? Will be following this thread for more updates. Expecting this to be a good project to put some of my spare money.

[brokens]

Who is the escrow for this presale I didn't find any information about them. No technical information about this mechanism how this will work and who is behind the scene as well as where I can find the introduction about team members?

And u never find info like that, as because there is no such thing in nature. Make cool site - make acc on bitcointalk, make - ann thread , think up some legend and try to collect some BTC from users for u ICO. Easy money.

99% of the ICO projects are like that but am still waiting for more details about this. It is displaying as 45 BTC are already invested in Quantum, I dont know how anyone will invest with this much information but want to know about it so have emailed them regarding this.
Hope to get some reply.

maybe still in process, person which will invest must wait after project of the ICO already official invest with Quantum , but mostly they will be doubt this.

[Machina_US]

will be there a social media or blog post bounty ? like other ICO has a bounty for the coin ?

[alamin99]

Need some more info about this project.

[Bagwell]

The concept about black hole is prfect! Coin with inflation is a bad way except if it is a profitable. I think, this coin has a big potencial in crypto world - ICO funds goes to liquidity pool -> liquidity pool makes profit -> then with this profit makes BuyBacks (which mean -> buy tokens back on exchanges) - and then send them to black hole address! but I believe that the way of obtaining profit correct - with some knowledge (business secret project)!

I think this will be a very good story 

[FlamingFingers]

If this project doesn't turn out to be scam, and the developers fulfill what they are promising, I think this project will have real potential benefits to the crypto currencies' markets. I really hope to see this come to fruition – it would be remarkable.

[Coin_trader]

Being different with the other crypto-currencies is what makes this project exciting, being deflationary by decreasing the amount in existence will make this a profitable coin and a worthy investment that will give very good returns after a quite period of time.

[pecson134]

Being different with the other crypto-currencies is what makes this project exciting, being deflationary by decreasing the amount in existence will make this a profitable coin and a worthy investment that will give very good returns after a quite period of time.

I also agree with you since having another one alternative, you can at least invest something on this one and wait for the turn the price inflates in time. Just what like other cryptocurrency it is a way to venture something new