QUOINE is on a mission to become the largest financial institution in the crypto/blockchain world and to make positive social impact.
As part of this mission, QUOINE has created
LIQUID, a globally-sourced trading platform that will bring together the entire global network of cryptocurrency exchanges to provide the highest level of liquidity for the illiquid crypto economy.
QUOINE is creating QASH, the soon-to-be cryptocurrency of choice for the global financial services and fintech industry.
The launch of the QASH ICO will make QUOINEX the first regulated exchange in the world to do a Token Sale.
QUOINEX is already one of the largest Crypto-Fiat exchanges in the world with over US$12B annual transactions, and fully regulated in Japan. QUOINE has a strong relationship with Japan’s Financial Services Agency (JFSA). Some 30% of QASH tokens will be allocated to Japanese residents.
We can neither confirm nor deny that QASH will be approved as a legal currency.
QUOINE’s QASH Token Sale will start on 6 November at 00:00:01 (Singapore time / UTC +8hrs). To participate, you need to create an account on
qryptos.com and fund your account with ETH. 1 ETH = 1,000 QASH. Token sale will last for at least 1 week and at most 1 month.
There will be a 20% discount for the first 4 days of the sale.
The offering at the QASH Token Sale will be 500,000,000 tokens. Why so much?
QUOINE CEO Mike Kayamori talks about this in an AMA.
So why would you want to be a holder of QASH? QUOIN CEO Mike Kayamori answers:
QASH is a utility token as well as a crypto currency. From the utility side, QASH token holders can redeem QASH for all QUOINE services (QUOINEX, QRYPTOS, LIQUID). But this is the beginning.
We are already in discussion with multiple fintech and financial services to use QASH as the token of choice for payment.
Financial services are hesitant to embrace bitcoin. This is where QASH comes in. We are the issuer. we put our name and reputation behind this. We will initially structure our token based on ERC 20 Standard token but will launch our own QASH Blockchain in the future (whitepaper 4.5). This will have node management built in.
I have no doubt that QASH will become one of the Top 3 crypto market cap in the not too distant future.
Now look at it from the fintech side. For fintech companies, the entire world is their addressable market. However, how are they going to collect fees from their global users. Not everyone has credit cards, and international wire for a service fee could be more expensive than the service fee itself. Hence, the need for a reliable and accountable crypto token is absolutely necessary.
I see QASH becoming the preferred token of choice for fintech companies.
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