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Topic: [ANN][QAU] QUANTUM PROJECT - Connecting markets - page 62. (Read 78833 times)

sr. member
Activity: 546
Merit: 255
I would like to reserve Indian(tamil) translation..
full member
Activity: 128
Merit: 100
CONNECTING MARKETS
I have sent an email to you regarding the translation job and hope to get a reply from you.I like the idea behind a deflationary currency because the price never goes down if the tokens are destroyed ,but i would like to know what is the process and how does the audit takes place and what determines the value to be destroyed,i am not used to a currency with a negative inflation and so is the reason i do have these doubts.

Let me give you an example. Let's say Quantum project collects 100 BTC in the presale (and the price of bitcoin is $1000). In that case 2,000,000 QAU ($0.05 per QAU) are issued to the presale investors.

Quantum project then deploys those 100 bitcoins to the market, engaging in lending, arbitraging and market making on different crypto currencies. These activities generate 1 BTC profit after a month of activities.

This 1 BTC generated during the month is then used to buy back QAU on the exchange that has the lowest price available. Let's again assume, the price of QAU after one month is still equivalent to $0.05 on the market and that bitcoin is still sitting at $1000.

That means we buy back 20,000 QAU and send them to the black hole address. The black hole address will be stated on our website and could be audited using any blockexplorer available on the internet.

After all that we are left with 1,980,000 QAU in circulation (2,000,000 issued - 20,000 destroyed). This process is then repeated on a monthly basis and slowly destroys Quantums over time.
hero member
Activity: 594
Merit: 500
 Have read the white paper and find nothing useful...Watching out
legendary
Activity: 945
Merit: 1003
OP created the thread on 15th and the same date crowdsale has started,Can we at least have the details of the escrow I didnt find one at the first page
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
Who is the escrow for this presale I didn't find any information about them. No technical information about this mechanism how this will work and who is behind the scene as well as where I can find the introduction about team members?
And u never find info like that, as because there is no such thing in nature. Make cool site - make acc on bitcointalk, make - ann thread , think up some legend and try to collect some BTC from users for u ICO. Easy money.

99% of the ICO projects are like that but am still waiting for more details about this. It is displaying as 45 BTC are already invested in Quantum, I dont know how anyone will invest with this much information but want to know about it so have emailed them regarding this.
Hope to get some reply.
sr. member
Activity: 854
Merit: 305
Who is the escrow for this presale I didn't find any information about them. No technical information about this mechanism how this will work and who is behind the scene as well as where I can find the introduction about team members?
And u never find info like that, as because there is no such thing in nature. Make cool site - make acc on bitcointalk, make - ann thread , think up some legend and try to collect some BTC from users for u ICO. Easy money.
legendary
Activity: 1554
Merit: 1001
Who is the escrow for this presale I didn't find any information about them. No technical information about this mechanism how this will work and who is behind the scene as well as where I can find the introduction about team members?
sr. member
Activity: 252
Merit: 250
Nowadays it's so easy to start an ICO with some help from fiverr and upwork. Just saying.....
It is a common place where you can earn more money with it by coming up with a good flashy idea and make an ICO, I would like to hear more about this project as i can see almost 11 investors investing a total of 24.87 bitcoin till now which is indeed a good start for a pre sale ,but it is not clear how much discount you will get if you are investing now.
Basically there is no difference if you invest now or at the end of the presale. Our opinion is that giving a discount to early investors is unfair, since it takes money from the people who buy later in the presale and gives it to the early investors.
Our goal is not to lure in as many people as possible and collect as much money as possible. Our presale would be successful even if we only collected 1 BTC. We also haven't set any minimums or maximums for our campaign.
Ok buddy got it,i thought there is an advantage like ,you will get an additional bonus for being an early investor like we used to see in some pre sales,so basically pre sales is to test the waters before the real ICO right. But one more thing i noticed is that pre sale investment can be done only through bitcoin and are you planning to change that and add more investment options before the pre sale ends.
sr. member
Activity: 546
Merit: 250
kittiefight.io Combat MMO Lending Jackpots
I have sent an email to you regarding the translation job and hope to get a reply from you.I like the idea behind a deflationary currency because the price never goes down if the tokens are destroyed ,but i would like to know what is the process and how does the audit takes place and what determines the value to be destroyed,i am not used to a currency with a negative inflation and so is the reason i do have these doubts.
hero member
Activity: 1414
Merit: 505
Backed.Finance
Oh cool, now i am more interested...  Eh, you know this community, cynical and we write things off quickly, sometimes too quickly it seems! Smiley
I will be awaiting where this goes now!

@OP  ADD some shit! Cause ya, you dont want people like me just coming by and writing you off too quick if you have something REAL here! Smiley i look forward to updates!

Our aim is to use funds collected from the sale of Quantum tokens to increase liquidity of various crypto currency markets. This will be done by providing funds for margin trading to exchanges, connecting various markets by arbitraging price differences and making markets using price neutral algorithmic trading. All these activities generate income in the long run. This income will be used to buy back tokens on the open market which will result in the total supply of tokens to go down over time and create a real deflationary currency. This process will be completely transparent and could be audited on the public blockchain.

Our presale period is not designed to get tons of money in. We offer no early discounts as we want to play fair. We believe most people will want to own Quantums after the presale is done and they see the destruction of coins in action. This will be the best proof we are honest and doing what we promised to do.

We have already established relationships with operators of some crypto currencies and made commitments to support the liquidity of their trading pairs on different exchanges. They will respond to this post and confirm our claims as soon as they are notified by us.

Thank you for this clarifications. Though it may sounds technical to me but somehow it gives us an idea how this project going. Wishing the success of this project.
hero member
Activity: 774
Merit: 500
Look ARROUND!
The signature campaign that you guys are doing is pretty good. I hope you guys do well throughout the campaign.

is there any informations about sign campaign for this ? where is that ?
Yeah, the signature campaign is located here: https://bitcointalksearch.org/topic/quantum-project-signature-campaignfull-1874481

A bunch of people applied already though it isn't too late.
full member
Activity: 327
Merit: 100
The signature campaign that you guys are doing is pretty good. I hope you guys do well throughout the campaign.

is there any informations about sign campaign for this ? where is that ?
hero member
Activity: 774
Merit: 500
Look ARROUND!
The signature campaign that you guys are doing is pretty good. I hope you guys do well throughout the campaign.
hero member
Activity: 686
Merit: 500
i am watching this. waiting to get additional details. project looking good
full member
Activity: 506
Merit: 101
1 & 0 😏
Bounty campaign? Or translation?
full member
Activity: 327
Merit: 100
where is the others information about this quantum project ?

did you use an escrow for tghis dev ?
sr. member
Activity: 364
Merit: 250
Quantum project has no connection to qtum. We started the project last year and have been developing the system ever since under the name of Quantum project. After the qtum came online, we were thinking about changing our project name, but decided to go with the original name at the end. This decision might hurt our reputation in the short run, but we believe it will not affect our business in the long term.

Quantum project is not a regular crypto project that promises future development in exchange to investors’ funds. We have already developed the trading and arbitraging systems and are already using them. We wanted to take our operations to the next level and decided to start this project. That is why we have no roadmap listed here. We are starting an already developed system and only need funds to efficiently make markets.

We are only accepting bitcoins because it makes distribution system more transparent as there is no fluctuation between different currencies. We have no preference on what protocol to use for the issuance of our tokens. At the moment the best option that works for us is Ethereum.

That is good decision to continue with " Quantum " after few days it will help to success in ICO, and it will overwrite to qtum with QUANTUM  Wink
Good Luck for the Quantum Project

Thanks
Smiley
Regards
#minexcoin.com
member
Activity: 234
Merit: 46
Escrow please,
or at least some trace of ID
thanks
hero member
Activity: 966
Merit: 517
the point is We need your Team Personal Information and more fancy ANN  Grin
He is a newbie that is why it is not able to post images from that account if you will wait for a few weeks then you will find the images on the OP but I think the legidity of project is not because of the fancy thread but it is because of the sincerity of the developers.
That is right but the members of this forum or the investors will want that the developers provide them their identity as they have already faced a number of scam attempts from anonymous developers but if they do not want to show their identity then it is not a problem if they will ask escrow for their project for to start their ICO for the project.
sr. member
Activity: 602
Merit: 250
the point is We need your Team Personal Information and more fancy ANN  Grin
He is a newbie that is why it is not able to post images from that account if you will wait for a few weeks then you will find the images on the OP but I think the legidity of project is not because of the fancy thread but it is because of the sincerity of the developers.
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