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STARTER INFORMATION

With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, USDQ is a platform that makes assets stable and truly decentralized.

"The number of cryptocurrencies and exchange platforms are increasing each year. Currently, there are 190 exchanges, compared to 70 exchanges three years ago, on 15 March, 2015. Demand to buy and sell is also growing as the number of cryptocurrencies and trading platforms increase.

There are currently 1,568 different cryptocurrencies available, as at 21 March, 2018. This breaks down to 654 tokens and 914 coins. It all started with bitcoin, which was first released on January 9, 2009, and various versions launched in the following years. The first experiments in altcoins started happening in 2011 with Namecoin, iXcoin, SolidCoin and others being developed and released. Litecoin followed soon after in the same year.”

With that being said, USDQ is a platform that makes assets stable and truly decentralized.

Opportunity to purchase USDQ on exchanges

The 1st element of the ecosystem is the exchanges. USDQ bargains on the secondary market at the price of 1 dollar for 1 USDQ, respectively traders interact with this coin, as well as with any other. To buy USDQ at the exchange is the first way by means of which it is possible to get stablecoin.

Receiving the credit in USDQ through crypto assets collateral

The 2nd way, which includes several important elements of an ecosystem, is receiving the credit in the stablecoin USDQ through crypto assets collateral. A pledge rate to the released stablecoin is D %, where D is the last rate established by Q Box which is a self-learning neural network, and approved by holders of the governance token. Thus, it reaches over provided credit and leads to ensuring the stability of USDQ token.

Respectively, when new crypto assets enter the ecosystem, the created smart contract prints new USDQ and sends them to the borrower. When the borrower wants to take away the collateral and return the credit, it undergoes the return procedure on the website, at the same time paying a certain interest rate for use of stablecoin credit. After the return of USDQ together with payment of commission for use of proceeds of credit, crypto assets are de-frozen and return to the address of the borrower's wallet, and USDQ tokens are burned.

The credit in USDQ tokens is issued for a limited term. If the credit lasts, then it is necessary to bring the commission in the governance tokens Q DAO. If the credit is not returned in time, then pledge in cryptocurrency goes to untouchable stabilization fund. In case of elimination process crypto assets of stabilization fund are sold first.

How it Works?

USDQ is one of its kind ERC-20 decentralized stable asset

1 USDQ = $1

Right now issued 5,531,632.5042 USDQ collateralized by 1,410.582 BTC (200% collateral).

KRWQ is one of its kind ERC-20 decentralized stable asset

1 KRWQ = ₩1

Right now issued 1,169,653,205.00 KRWQ collateralized by 249.9999 BTC (200% collateral).

JPYQ is one of its kind ERC-20 decentralized stable asset

1 JPYQ = ¥1

JPYQ is coming soon

CNYQ is one of its kind ERC-20 decentralized stable asset

1 CNYQ = ¥1

CNYQ is coming soon

HKDQ is one of its kind ERC-20 decentralized stable asset

1 HKDQ = HK$1

HKDQ is coming soon

SGDQ is one of its kind ERC-20 decentralized stable asset

1 SGDQ = S$1

SGDQ is coming soon

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How The Tokensale Works?

Tokens to sell

Distribution of 51% of tokens (509999.49 QDAO tokens).

For how long

Distribution will be made in 10 Rounds. Round stast at 1st day every month during 10 month will be distributed 50000 Tokens during each round.

Where to buy

QDAO distributes 30% tokens by IEO(all tokens are unlocked) and 70% tokens by OTC desk (tokens will be locked for a certain period of time).

ROADMAP

ONGOING

BTCNext

1 June 2019

15,000 tokens to sell through IEO

ieo.btcnext.io/qdao

35,000 tokens to sell through Dashboard

tokensale.qdao.io/

UPCOMING

SECRET EXCHANGE

1 July 2019

15,000 tokens to sell through IEO

will be defined 14 june 2019

35,000 tokens to sell through Dashboard

tokensale.qdao.io/

UPCOMING

SECRET EXCHANGE

1 August 2019

15,000 tokens to sell through IEO

will be defined soon

35,000 tokens to sell through Dashboard

tokensale.qdao.io/

UPCOMING

SECRET EXCHANGE

1 September 2019

15,000 tokens to sell through IEO

will be defined soon

35,000 tokens to sell through Dashboard

tokensale.qdao.io/

UPCOMING

SECRET EXCHANGE

1 October 2019

15,000 tokens to sell through IEO

will be defined soon

35,000 tokens to sell through Dashboard

tokensale.qdao.io/

UPCOMING

SECRET EXCHANGE

1 November 2019

15,000 tokens to sell through IEO

will be defined soon

35,000 tokens to sell through Dashboard

tokensale.qdao.io/

UPCOMING

SECRET EXCHANGE

1 December 2019

15,000 tokens to sell through IEO

will be defined soon

35,000 tokens to sell through Dashboard

tokensale.qdao.io/

UPCOMING

SECRET EXCHANGE

1 January 2020

15,000 tokens to sell through IEO

will be defined soon

35,000 tokens to sell through Dashboard

tokensale.qdao.io/

UPCOMING

SECRET EXCHANGE

1 February 2020

15,000 tokens to sell through IEO

will be defined soon

35,000 tokens to sell through Dashboard

tokensale.qdao.io/

UPCOMING

SECRET EXCHANGE

1 March 2020

17,999.847 tokens to sell through IEO

will be defined soon

41,999.643 tokens to sell through Dashboard

tokensale.qdao.io/

MEET THE AMAZING TEAM

Management Team

i-Chan Huang

JiJun Kim

Eddie Argueta

Jitendra Rathod

Martin Saldamando

Howard H. Kim

Takeshi Ito

Inna Halahuz

Herry Vu

Maria Danilova

Julia Della Scala

Artem Finko

Anton Dziatkovskii

Dan Khomenko

Daria Volkova

Engineering Team

Slava Mikh

Eric Risthisen

Slava Zhelt

Haleel Risthisen

Nick Krash

Alex Adil

Den Udot

Ivan Borisov

Jack McAvoy

Mike Keenum

Victoria Robert

Nick Moro

Rus Inoz

Eunchae Jang

Rinat Rez

Kate Ez

Nick Pisarskiy

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

For more information, please visit:

WEBSITE: https://usdq.platinum.fund/

WHITEPAPER: https://usdq.platinum.fund/whitepaper

ONE PAGER: https://usdq.platinum.fund/onepager

FACEBOOK: https://www.facebook.com/FundPlatinum

TWITTER: https://twitter.com/FundPlatinum

TELEGRAM: https://t.me/Platinumq

MEDIUM: https://medium.com/platinum-fund

REDDIT: https://www.reddit.com/user/Platinum_QDAO

LINKEDIN: https://www.linkedin.com/company/platinum-co/

GITHUB: https://github.com/Platinumengineering/USDQ

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Author: Cryptoholical

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.