Token Potential of the First Professional Crypto Exchange Qurrex
Upcoming public QRX token sale makes us feel that it is crucial to sum up all the info about it in one place. The story is long, but definitely worth reading 
Qurrex is the first hybrid cryptocurrency exchange that combines three trading systems:
- Professional centralized cryptocurrency exchange;
- Unique decentralized cryptocurrency exchange for liquidity providers, consisting of thousands of mini-exchanges;
- New generation trading terminal.
Team of developers who have successfully created top exchange systems, declares the project mission as follows:- integration of Qurrex platform into the existing traditional market exchange trading ecosystem, in order to provide access to cryptocurrency markets for over 200 million users and 20 thousand professional players;
- creation of the World’s first in-demand decentralized exchange with turnover exceeding 10 billion USD a day;
- solving of all modern days crypto trading “teething troubles” and provision of unique social, automation, and robotic trading tools for the retail market.
Essential part of Qurrex ecosystem — own token QRX — has a series of functions which ensure high market price and high competitive demand for a long time and from a wide range of buyers. Here is the QRX token economy design considered in various examples.
QRX VALUE FOR THE PROFESSIONAL CENTRALIZED EXCHANGE
Discount or cash-back. 20% of the exchange income from trade commission fees will be distributed among the whole pool of QRX tokens as a discount/cash-back. This possibility will be useful for the active QRX exchange users who wish to cut their exchange-related expenses. This is an example of the distribution.
Say, the commission income of the exchange is $100, $20 of which will be evenly distributed among 100 tokens. That means that a holder of one token is entitled to a 20 cents discount/cash-back. But what is the full-scale direct and relative economic effect for the ecosystem players?
Let’s take a deeper look.
Exchange. 20% of the exchange commission fees is approximately 50% of net profit, which is a significant part of the company’s business. According to Bloomberg, exchange commission of the World’s top-10 cryptocurrency exchanges ranges from $400 thousand to $3 million a day. Which is approximately $150 million to $1 billion a year respectively.
Project’s hard cap is $55 million (70 million QRX). Taking into account the commission fee and the estimated assets turnover, one can assume the potential token pay-back period within 5–12 months range. But in fact this period is slightly shorter.
We must take into account here that the estimation has been done based on the current cryptomarket parameters, while Qurrex targets the professional market, which capabilities and volume are much bigger compared to those of non-professional.
More information you can find in the article
https://medium.com/qurrex/token-potential-of-the-first-professional-crypto-exchange-qurrex-2cc8ceb408e2
