How would we know that the vault is safe and secure and cannot be hacked or stolen as we are then putting our coins in the hands of a 'third party' as it were.
How do you know a bank won't be hacked/robbed? The answer is you don't know for sure, but it is far less likely than you getting hacked/robbed which is why you trust your funds in a third party. We will be taking extreme precautions to ensure security and a vast majority of the funds we store will be in cold storage syncing at random intervals with hot storage.
Sorry, i would like to know, if there will be fee for the use of this universal wallet?
How much is the fee for every transaction made.
Transaction fees would be very low - comparable to mining fees and would be paid in BQX, but with the automatic gas conversion feature, it can be paid in any liquid cryptocurrency. Sending BQX using the Bitquence wallet will always be free.
It seems to an good project of Universal Wallet and Value Management Platform. How long will the team hold their tokens?
Management will hold their tokens for a minimum of 3 months and many of them have vesting schedules lasting 3 years.
I wonder how the payment will be accepted.
It is logical that once the payments to ETH - then the fee will be in ETH. But I hope Butet in another currency. It is convenient if through API in a personal office
Crowdsale payment will be entirely in ETH. Fee for usage of the Bitquence technology will be in BQX. Automatic gas conversion makes it possible to use the BQX platform with any cryptocurrency and generates additional liquidity for the BQX token.