[ANN]💵USDQ - Platinum QDAO StableCoins 💵

[waaat?]

Hey, guys. What do you hear about NOAH Blockchain? Is it blockchain for QDAO? NOAH development is closer to testnet. And after QDAO will be swaped. Sure? I'm right?

Yes, you're right. I read on the https://t.me/platinumfund their diaries of development. It's a quite interesting to follow for them. I'm glad that project has a such transparency. Will try to get more info about NOAH details

[AUruHM]

Hey, guys. What do you hear about NOAH Blockchain? Is it blockchain for QDAO? NOAH development is closer to testnet. And after QDAO will be swaped. Sure? I'm right?

Yes, you're right. I read on the https://t.me/platinumfund their diaries of development. It's a quite interesting to follow for them. I'm glad that project has a such transparency. Will try to get more info about NOAH details

Sure. NOAH blockchain is the basis for future USDQ, JPYQ, PHPQ and other. I read their diaries with interesting. 
Quote:
"We should have some LEGITIMATE  case to show to ALL_ALL_ALL blockchain society that NOAH BLOCKCHAIN is a USEFUL blockchain.
We are not like Cardano or NEM - which are "sophisticated",  blockchains BUT!!!!! There is no use for them! Which leads towards the fact that THEY ARE USELESS!!!
4) We are building a BLOCKCHAIN with GREAT USE CASE for global worldwide remittances. And this is a NOAH Blockchain"

That's why I'm in and wait for every update

[mentalox]

Platinium Q DAO is an alternative stable system that the market needs. Unlike other projects, in the Platinium Q DAO system, users can create stable systems on the systems of their own choice, except for the types of guarantees defined by the project. This system, which is very transparent, increases the usability rate with the stability of the project price and the increasing number of users over time.

[abakr]

Wow. The token costs $ 49. Pretty good price

[Mulann2]

Wow. The token costs $ 49. Pretty good price

Yeah i hope you know that is not the token to receive your bounty reward, QDAO and USDQ are two different token under the same project, bounty participants will be rewarded with USDQ, 
between the price was much higer than $49 in the past few days, one thin i know is that QDAO has the potential to grow very big if anyone can catch the ieo and buy during the ieo rounds, but buying from otc not such a good idea.

[futureofeth]

Hey, guys. What do you hear about NOAH Blockchain? Is it blockchain for QDAO? NOAH development is closer to testnet. And after QDAO will be swaped. Sure? I'm right?

Yes, you're right. I read on the https://t.me/platinumfund their diaries of development. It's a quite interesting to follow for them. I'm glad that project has a such transparency. Will try to get more info about NOAH details

From the beginning, we are seeing the right updates from the team but most of the case updates are through their social media channels but we don't see any specific updates and replies in this thread. I am not complaining about the team because they are answering the question in telegram group.

[abakr]

Wow. The token costs $ 49. Pretty good price

Yeah i hope you know that is not the token to receive your bounty reward, QDAO and USDQ are two different token under the same project, bounty participants will be rewarded with USDQ, 
between the price was much higer than $49 in the past few days, one thin i know is that QDAO has the potential to grow very big if anyone can catch the ieo and buy during the ieo rounds, but buying from otc not such a good idea.

Yes I know

[waaat?]

Wow. The token costs $ 49. Pretty good price

Yeah i hope you know that is not the token to receive your bounty reward, QDAO and USDQ are two different token under the same project, bounty participants will be rewarded with USDQ, 
between the price was much higer than $49 in the past few days, one thin i know is that QDAO has the potential to grow very big if anyone can catch the ieo and buy during the ieo rounds, but buying from otc not such a good idea.

Yes I know

It's not so important what tokens will pay for bounty. I'm sure in total we all will win if project can make due to roadmap and WP. As I told more stable coins mean more possibilities to save money at the approaching crisis

[AUruHM]

Wow. The token costs $ 49. Pretty good price

Yeah i hope you know that is not the token to receive your bounty reward, QDAO and USDQ are two different token under the same project, bounty participants will be rewarded with USDQ, 
between the price was much higer than $49 in the past few days, one thin i know is that QDAO has the potential to grow very big if anyone can catch the ieo and buy during the ieo rounds, but buying from otc not such a good idea.

Yes I know

It's not so important what tokens will pay for bounty. I'm sure in total we all will win if project can make due to roadmap and WP. As I told more stable coins mean more possibilities to save money at the approaching crisis

Sure. Last 2 years we watch on the many 'revolutionary' projects that promise good for everyone and no one will go offended. But where are those projects? I'm following for QDAO team and for the USDQ project because of their right idea: at first, prevent and raise after

[X-ray]

Wow. The token costs $ 49. Pretty good price

Yeah i hope you know that is not the token to receive your bounty reward, QDAO and USDQ are two different token under the same project, bounty participants will be rewarded with USDQ, 
between the price was much higer than $49 in the past few days, one thin i know is that QDAO has the potential to grow very big if anyone can catch the ieo and buy during the ieo rounds, but buying from otc not such a good idea.

It's clear in the bounty thread that participants will receive a USDQ token where the USDQ token price is stable.I am interested in joining this project and plan to support USDQ bounty but I see the bounty manager does not work quickly calculating stake every week.

That's been the major problem people are kept asking in telegram group, team members should update the spreadsheet on a weekly basis, otherwise, it is very difficult to manage in the end. They mentioned we are going to receive ours in the month of March 2020.

I have been asking this problem with anne as the bounty manager of qdao and it seems like the update of the spreadsheet based on the random update for signature and the rest will be updated when we will get close with march 2020.
Basically, it's not a major problem as long as everyone keeps to posted their proof of work in the google form that already available in the qdao bounty thread.
The agreement was clear about when bounty will be distributed but as far as i know that the update based on how much free time that's owned by the manager.

[AUruHM]

Wow. The token costs $ 49. Pretty good price

Yeah i hope you know that is not the token to receive your bounty reward, QDAO and USDQ are two different token under the same project, bounty participants will be rewarded with USDQ, 
between the price was much higer than $49 in the past few days, one thin i know is that QDAO has the potential to grow very big if anyone can catch the ieo and buy during the ieo rounds, but buying from otc not such a good idea.

It's clear in the bounty thread that participants will receive a USDQ token where the USDQ token price is stable.I am interested in joining this project and plan to support USDQ bounty but I see the bounty manager does not work quickly calculating stake every week.

That's been the major problem people are kept asking in telegram group, team members should update the spreadsheet on a weekly basis, otherwise, it is very difficult to manage in the end. They mentioned we are going to receive ours in the month of March 2020.

I have been asking this problem with anne as the bounty manager of qdao and it seems like the update of the spreadsheet based on the random update for signature and the rest will be updated when we will get close with march 2020.
Basically, it's not a major problem as long as everyone keeps to posted their proof of work in the google form that already available in the qdao bounty thread.
The agreement was clear about when bounty will be distributed but as far as i know that the update based on how much free time that's owned by the manager.

Sorry, guys, it's not a bounty thread. Can you speak about USDT or QDAO for example? 
I wait for a more detailed doc about collateral. How it works on the practice etc. Do you have a clear mind in this?

[waaat?]

Sorry, guys, it's not a bounty thread. Can you speak about USDT or QDAO for example? 
I wait for a more detailed doc about collateral. How it works on the practice etc. Do you have a clear mind in this?

No, man. I have the same wishes but nothing. However, DeFi projects becomes more and more interesting. I think if the team will collaborate with Fusion solution those 'collateral' task can be solved by the different ways

[sorrros]

Hi, I see that USDQ is collateralized to BTC 200%. But what would happen if price of BTC drops below 3000USD? 1USDQ will not equal 1USD?

Hi, I see that USDQ is collateralized to BTC 200%. But what would happen if price of BTC drops below 3000USD? 1USDQ will not equal 1USD?

According to them, USDQ value is always 1USD, even though the price of Bitcoin drops to below 3000$ and the price of USDQ will remain its value as 1 USD. That's why they mentioned it as stable coin and it is same as USDT, PAX etc.

I understand that 1USDQ should have value 1USD, but if Bitcoin falls below 3000USD, it will no longer be backed by enough money. So is there any other way how they will solve this problem if happens?

[AUruHM]

Hi, I see that USDQ is collateralized to BTC 200%. But what would happen if price of BTC drops below 3000USD? 1USDQ will not equal 1USD?

According to them, USDQ value is always 1USD, even though the price of Bitcoin drops to below 3000$ and the price of USDQ will remain its value as 1 USD. That's why they mentioned it as stable coin and it is same as USDT, PAX etc.

I understand that 1USDQ should have value 1USD, but if Bitcoin falls below 3000USD, it will no longer be backed by enough money. So is there any other way how they will solve this problem if happens?

As I read in WP there are some difficult mechanics to balance loan. At first, we must make a deposit near 166% in BTC to get USDQ. And at second, collateral constantly will adjust according to the BTC price. How exactly it works I didn't find.

[waaat?]

Hi, I see that USDQ is collateralized to BTC 200%. But what would happen if price of BTC drops below 3000USD? 1USDQ will not equal 1USD?

According to them, USDQ value is always 1USD, even though the price of Bitcoin drops to below 3000$ and the price of USDQ will remain its value as 1 USD. That's why they mentioned it as stable coin and it is same as USDT, PAX etc.

I understand that 1USDQ should have value 1USD, but if Bitcoin falls below 3000USD, it will no longer be backed by enough money. So is there any other way how they will solve this problem if happens?

As I read in WP there are some difficult mechanics to balance loan. At first, we must make a deposit near 166% in BTC to get USDQ. And at second, collateral constantly will adjust according to the BTC price. How exactly it works I didn't find.

Ye, it's my main concern. I wrote it a long time ago. I can't find any documentation 'how it works'. Some pictures only. I hope somebody from team will make article or post there with detailed description. It would be great!

[S3cco]

The 4th Q DAO sale is coming, together with the fall season!
https://bitcoingarden.org/the-4th-q-dao-sale-is-coming-together-with-the-fall-season/

The summer is almost over and that means that the next sale of Q DAO tokens will start very soon! It will be opened on the 1st of September, and it will feature two forms of crowdfunding: the Initial Exchange Offering on BTCNEXT exchange and the OTC sale. Both will be handled at the same time. There will be some changes comparing to the previous sales, so read further if you’re interested.

First of all, let’s define what is still the same. What doesn’t change is the allocation: no more than a $1,000 worth of tokens for one person either via OTC desk or during IEO on BTCNEXT.  The amount of tokens sold via OTC is also the same as in the previous sales – 35,000 tokens, and they also will be sold with a discount in exchange for 20 months lock-up period. The amount of IEO tokens will be at 15,000 mark.

Now let’s see what has been changed. This time they have decided not to conduct a lottery as a mandatory condition for participating in the token sale. This will allow everyone to take part in the IEO. However, don’t think it will be easy. In fact, it will be even harder to buy tokens than before, even without the lottery....

[elewton]

Hi, I see that USDQ is collateralized to BTC 200%. But what would happen if price of BTC drops below 3000USD? 1USDQ will not equal 1USD?

According to them, USDQ value is always 1USD, even though the price of Bitcoin drops to below 3000$ and the price of USDQ will remain its value as 1 USD. That's why they mentioned it as stable coin and it is same as USDT, PAX etc.

Stablecoins always have to keep the price of $1 because if this price cannot be held then this is just a normal coin and has no value in investment. I think the mortgage does not affect the actual value of USDQ because this is a Stablecoin being widely developed in Korea and it is certain that in the near future USDQ will soon be listed at leading exchanges and people will tend to hold USDQ more

[johnnywoo2015]

What is your key difference from existing stable coins? Now in this market a lot of competition and you have to try hard to win the trust of the community.

[kynaz]

What is your key difference from existing stable coins? Now in this market a lot of competition and you have to try hard to win the trust of the community.

This stablecoin gives more investors more options in liquidity and the USDQ community has been on a huge increase recently, so this can be considered a new option in investing. I personally still see this project to be a lot different than other projects but that doesn't matter because the main purpose of this Stablecoin is to help all investors. In the future, if there is a good marketing development strategy, this coin will probably be developed very well at many big exchange.

[waaat?]

What is your key difference from existing stable coins? Now in this market a lot of competition and you have to try hard to win the trust of the community.

This stablecoin gives more investors more options in liquidity and the USDQ community has been on a huge increase recently, so this can be considered a new option in investing. I personally still see this project to be a lot different than other projects but that doesn't matter because the main purpose of this Stablecoin is to help all investors. In the future, if there is a good marketing development strategy, this coin will probably be developed very well at many big exchange.

Yes, stable coin idea is very popular today. MakerDAO and his DAI get more forces and more dApps on their basis. But it bases on the Ethereum blockchain and ETH as collateral. USDQ use BTC as collateral and it's their important difference.