NTQ NETWORK
New era of electronic sports industry apply blockchain technology.
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TOKEN DETAILS
Max supply : 100.000.000 NTQ
Token Sale ICO : Aug 1, 2018 – Sep 1, 2018
Tokens to sell: 30.000.000 NTQ
Contract : 0xc8c74ce1ad980e91354f49748e41edcce6432df7
Initial Price : 8000 NTQ = 1 ETH
Currencies Accepted : ETH
Hidden CAP : Revealed if 70% of the cap is reached
Token Delivery Date : After you buy the token
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Problems
- Our responsibility is to solve all the problems that have been
causing difficulties for the games, streamer, merchants, etc.:
+ Payment Fraud: It is estimated that for every legitimate virtual
purchase made, there are 7.5 virtual items lost to fraud. Assets
stored and managed online can be open to manipulation or
chargebacks. 5 6 Merchants have to deal with extra burdens, and
scammers damage the game's reputation.
+ High Fees and Slow Transactions: Game publishers and communities
rely on third-party platforms to process virtual goods
transactions. Gamers encounter slowness, opaque fund flow, and
high transaction fees.
+ Lack of True Ownership & Rarity: Virtual items are, in-essence,
licensed to the gamer and are often only available for use on their
proprietary platforms. At times they can be manipulated, lost, or
taken back with little recourse for the user. Genuine transparency
is missing.
+ Locked in and Centralized: Digital items and currencies are
usually locked to a single game and not transferable. Trading items
outside of the game environment are cumbersome and difficult. If
a player gets banned, they can lose all of their items and currency.
+ No open standards: There are currently no widely-accepted
standards for decentralized currencies and assets in games. The
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user experience is often an afterthought, so users don't know what
to expect.
+ Expensive & time-consuming: Developing a platform for managing
virtual goods is time-consuming and costly. The complexity of
managing a virtual economy on proprietary infrastructure delays
time to market. Security concerns introduce a further set of
difficulties.
+ Lack of value gamification: Value-based gamification features
are lacking in content management systems and forum software. Users
do not get rewarded with real-world value for participation or
contribution.
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Solutions
NTQ Network will develop tools that enable game
publishers, game servers, and communities to manage virtual goods
and in-game items across multiple platforms. Monetization using
NTQ Coin will be a crucial focus with robust features and toolsets
provided. Great benefits will be gained by utilizing a
decentralized platform and the supporting frameworks.
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Benefits
- NTQ coin is created to replace the USD when you pay for online
games. When using NTQ, you can pay easier, no visa card, no fear
of hacking when being secured with two layers blockchain technology.
You can pay quickly and optimize the transaction between users.
Moreover, especially, when you use the NTQ for item trading or
betting, all are discounted 30% compared to the US dollar.
- On the first significant milestone, NTQ has been steam approved
for use to purchase all types of games, as well as in-game items
(especially PUBG, DOTA2, CS: GO). In particular, you can also wait
to use Dota2's Book The International 8 to support the teams ahead
of the final round of the tournament with a half the price listed
on the steam store.
- Besides, NTQ is also allowed to use in the betting system of
VPgame.com to help you bypass the process of deposit, withdraw
item which usually takes time and nuisance to the user.
- Vpgame will open the NTQ wallet for you to deposit NTQ coin
quickly without intermediaries to bet as well as shopping at vpgame
(and also on steam with 30% discount on all items).
- All players can earn NTQ coins using the games listed on the NTQ
network.
- Every streamer on the registration will have their code. The
longer Livestream, the streamer will receive the more ntq coin,
besides we have created more features that viewers can donate
easier for gamers by only simple operation via our mobile app: NTQ
network.
- Buy & sell items with no risk of fraud.
- Take your currency with you across any community or game and
retain value.
- Own valuable currency and rare items that can never be taken
away.
- Use the NTQ marketplace and social network to find and trade
game items.
- Convert custom virtual goods directly back to NTQ coin and retain
value.
- Earn coins by participating in communities and posting on forums.
- Buy in-game items on thousands of game servers and games that
support NTQ
- Prove ownership of items by showing them off in website widgets.
- Virtual Goods on the Blockchain: A decentralized platform to
manage, distribute, and trade virtual goods. Giving gamers and
content creators a new model of virtual ownership.
- The first easy to use gaming cryptocurrency: NTQ Coin is the
first cryptocurrency with an authentic purpose for online gamers.
Earn and trade virtual goods in the most popular gaming community
creation platform online.
- A new gaming experience with real ownership & value: Online
gamers can bring or trade their assets from game to game, community
to community, growing their digital wallet with real value as they
play.
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NTQNETWORK App & Wallet
* Wallet: A key component in making everything easy to use is the
NTQ App. Building on existing light wallet design, the NTQ Wallet
streamlines the user experience further by integrating with games
and websites that the user trusts. User accounts on each trusted
platform will be synced to the user's Ethereum address. We can
call this an "intelligent" wallet because of multiple pieces of
functionality that work together to simplify the user experience:
● The Platform API is used to correlate verified gaming and website
accounts.
● Transaction Requests are sent from trusted platforms directly
to the wallet.
● Subscriptions are confirmed and managed by each local wallet.
● Transaction limits and thresholds enforced by the wallet's smart
contract
● Smart Contracts are used in the background for data & displayed
in a clean UI.
● Local rules can be set up for accepting and automating
Transaction Requests.
UI Concept: User transaction management.
- Trusted Platforms: The user can define a list of trusted APIs in
the wallet settings, ranging from the NTQ API itself to trusted
game publishers, to any third party running the Platform API. The
wallet can receive push notifications, receive transaction
requests and sync user accounts from each trusted platform. A user
can send NTQ coins to another user on a trusted platform by looking
up their username, and the wallet will find matching contacts and
their associated account address.
- Transaction Requests: Instead of forcing users to copy and paste
account addresses or receive risky web-injected transaction
commands, each trusted platform will send a Transaction Request to
the wallet. The user will be prompted with some useful information
about the transaction and can Accept or Deny it with a single
click. This creates a clean and seamless user experience and
prevents the confusion and uncertainty typically associated with
blockchain wallets.
- Rules & Thresholds: Rules and thresholds can be defined to
prevent undesired transactions. If a piece of game logic creates
transactions that exceed the thresholds, the wallet will display
the pending queue of transaction requests, and prompt the owner
for confirmation. Rules can be defined very narrowly, such as
"Allow sending a single 20 NTQ Coin reward once daily". Changing
any of these settings will require a 24-hour safety delay and alert
the user of a pending setting update.
*NTQ Application:
- Mobile Wallet: The NTQ Wallet will also exist as a Mobile
(iOS/Android) application and implement the same features
mentioned above. Many users will prefer to accept transactions on
their phone while playing a game on their PC. The mobile wallet
can be set-up quickly by scanning a QR code that contains settings.
The mobile app will receive Push notifications from the NTQ network
and any trusted platforms. If a transaction request is pushed, the
mobile wallet will verify funds exist and ask the user to Accept
or Deny the coin transaction. This will allow players in-game to
easily send coin transactions by using their phone as the
authentication device.
- Earns:
+ When using the NTQ network app (android/ios) the user will be
provided with a secret code, the application will connect directly
to all games (through steam and vpgame.com) to be able to Use NTQ
shopping, betting and donate for the streamer.
+ For streamers, when registering Livestream via NTQ app, the
streamer will get NTQ corresponding to stream time and view count
when you are on Livestream.
- Convenience: Easy to receive and transfer NTQ. You can shop
directly on apps in the fastest way.
- High security: To chat directly with our staffs through the chat
box.
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ROADMAP
This timeline details our funding and
development goals.
Jan 2018 :
Creation of the idea of
NTQ Network project
Mar 2018 :
The prototype of
NTQ Network finished
Aug 2018 :
- Start of ICO
- List on the system of Steam and VPGame.com
Sep.2018 :
- List on CMC
- List on Idex.market
Q4.2018
- Launch of the education and
information «NTQ Network» resource
- Launches NTQ market
Q4.2018
- Launch of
cryptocurrencies converter
- Mainnet
Q2.2019
Launch of NTQ
mobile version (IOS/Android)
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NTQ TEAM
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PUBLIC SALE & FUNDING ALLOCATION
10m NTQ will be sold at the pre-ICO and 20m NTQ will be sold at
the ICO. The aim is to raise USD 14m, which equals 48,000 ETH
at current rates, with the crowdsale at a token price of USD 0.05.
Exchange rate: 1 ETH = 8,000 NTQ - this may change with ETH exchange
rates.
The crowdsale will start on August 1st 2018. Some of the numbers
may change with
ETH/USD exchange rates and volatility, but numbers are best effort
estimates as of August 1st 2018. The final numbers and fixed ETH
amount will be announced before the
start of the crowdsale.
Details on the exchange process will be published in the Token
Offer Document.
- FUNGDING ALLOCATION
All funds contributed in the Crowdsale will be used solely for
the development, promotion, and growth of NTQ Coin Platform. Below
are the preliminary allocation and the distribution and may be
subject to change.
+ 50% Development: This refers to the development and operational
costs of all technology described in this whitepaper, including
smart contracts, wallets, SDKs, APIs, game plugins, third-party
plugins, and any other NTQ Coin-related updates. This will also
cover hiring additional full-time developers and consultants to
accelerate development so that we meet or exceed the roadmap goals
and expansion goals.
+ 30% Marketing & Growth The marketing budget allows for a constant
and relentless promotion of NTQ Coin to gamers in multiple target
countries and gaming segments. This will be used for video and ingame
advertising, promotional events & tournaments, sponsorships,
mobile & social media ads, and liasoning with studios.
+ 5% Security We are taking the necessary steps to ensure that
optimal security standards are followed in every release. This
includes professional code audits and penetration testing on all
APIs, smart contracts, Mobile and PC wallets, plugins.
+ 5% Legal NTQ will obtain the appropriate legal advice always to
ensure that we operate under the laws and regulations of each
jurisdiction that we do business. Funds will be held in reserve
for any future issues or challenges that may arise in any region.
+ 5% Hosting & Infrastructure: This will cover a minimum of 5 years
of increased costs required for expansion of the web servers,
firewalls, load balancers, DDOS protection and network for
anticipated increases in Traffic to the web platform and public
JSON-RPC API.
+5% Contingency: This amount will be set aside for unforeseen costs.
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AIRDROP
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NTQ NETWORK
New era of electronic sports industry apply blockchain technology.
