under what country's law regulations does your company work?
QuickX Protocol company works under regulation of Gibraltar .
Topic: [ANN][ICO] QuickX Protocol — quickest cross blockchain transactions - page 5. (Read 1181 times)
May 20, 2018, 02:19:08 AM
QuickX Protocol company works under regulation of Gibraltar .
May 20, 2018, 01:33:16 AM
What token bonuses do you have now and then ?
Yes, we have a bonus for every quarter portion of tokens, for the first quarter we will
give 25% and 20%,10%, 5% for second, third and fourth quarter respectively. Now the pre-sale bonus is 30%
Instead of dividends you are paying some percentage in the form of your own coins to people who are holding your coins? Utlity token will have huge growth so it means you will be accepting US residents also?
May 20, 2018, 01:13:59 AM
Tell me more about off - chain transaction , what are their main features ?
May 20, 2018, 12:58:41 AM
what's the minimum investment? 
In private pre sale ( 30% bonus) min contribution is 1 ETH. In public token sale it’s 0.1 ETH
May 19, 2018, 07:07:30 PM
under what country's law regulations does your company work?
May 19, 2018, 06:08:10 PM
what's the minimum investment?
May 19, 2018, 11:46:41 AM
What is the main type of use for your tokens ?
Quickx a utility token can be used as the fuel for every transaction done using Quickx
platform whether it is transaction of same blockchain assets using off chain or cross
chain transactions using pooling facilitators who facilitate the cross chain transactions.
All transactions that take place on the Quickx platform need QCX to be paid as
transaction facilitation fees.
May 19, 2018, 11:15:23 AM
What is the main type of use for your tokens ?
May 19, 2018, 11:07:13 AM
What token bonuses do you have now and then ?
Yes, we have a bonus for every quarter portion of tokens, for the first quarter we will
give 25% and 20%,10%, 5% for second, third and fourth quarter respectively. Now the pre-sale bonus is 30%
May 19, 2018, 09:50:44 AM
What token bonuses do you have now and then ?
May 19, 2018, 09:11:14 AM
What about the token distribution ? Do you plan to vest some part of them ?
Full diagram of token distribution please see here page 18 :https://www.quickx.io/whitepaper/QuickXProtocolv1.7.pdf
Team tokens are vested for 2 years. 25% tokens will be released after every six
months.
May 19, 2018, 08:41:03 AM
What about the token distribution ? Do you plan to vest some part of them ?
May 19, 2018, 08:30:20 AM
What markets ( market segments ) are your target ?
Thanks for the answer. Quickx’s potential market segments can be the following:
• Different blockchain protocols
• Different blockchain wallets
• Enterprise solution: Businesses that need to accept payments in cryptocurrency
• Individuals who receive and make payments in cryptocurrency
• Individuals and businesses who are likely to become pooling facilitators
• Individuals who are transactions facilitators
May 19, 2018, 06:12:43 AM
What markets ( market segments ) are your target ?
May 19, 2018, 06:00:44 AM
What are the main advantages of Quickx for users ?
QuickX can be easily used for C2C, B2C, and B2B transactions. For instance, QuickX
enables a customer to use any cryptocurrency to make purchases online or offline just
as any other electronic payment method.
Quickx features :
- multicurrency wallet
- multicurrency debit card
- cryptocurrency swap option
- payment gateway using Quickx protocol
May 19, 2018, 04:25:08 AM
What are the main advantages of Quickx for users ?
May 19, 2018, 04:20:27 AM
Do you have any competitors ? Who are they ?
Our main competitors includes Kyber network and 0x protocol, which provides
propositions for decentralised exchange and on-chain services, with facilities like
reserve pool and reserve contributors, and give a provision of pre defined exchange
rate.
Speed, control over operation, Interoperability, costs, operation scalability and other features distinguish us from other competitors, needed to be analysed on strategy level, so we took other existing systems like shapeshift and centralized exchanges, and compared them on the values we proposed to stand out in the market.
May 19, 2018, 04:00:00 AM
Do you have any competitors ? Who are they ?
May 19, 2018, 03:16:43 AM
Please describe how the transaction process will look a like ?
Quickx transaction process is described with the following example involving two
users, Alice and Bob:
1. Alice and bob decides to open a pooling channel where they both put 2 BTC
each in the common pool.
2. This channel gets subscribed on blockchain containing 4 BTC and since at
this moment, every exchange between Alice and Bob is Off-chain.
3. So now Alice wants to transfer 1 BTC from common pool to Bob, so she do a
commitment transaction from the common fund which she has to sign it.
4. Then Bob wants to do the same, and wants to send 1.5 BTC from the pool to
Alice, so he proceeds with similar process.
5. Now, Alice wants to send bob 2 BTC, so she follows the same process and do
the commitment transaction.
6. So when the channel will be closed, Alice and bob will have 0.5 BTC and 3.5
BTC respectively as balance.
More about it please see in our WP : https://www.quickx.io/whitepaper/QuickXProtocolv1.7.pdf
May 19, 2018, 01:52:02 AM
Please describe how the transaction process will look a like ?
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