Topic: None knows about Qash here? (Read 268 times)
I am agree with you
I'm actually very surprised that seem none noticed this ICO. Qash is the token made by Quonie.
It is managed by a bunch of people worked in Morgan Stanley, Goldman Sach and Softbank. They have two exchanges (Quoinex and Qryptos) already been running for couple years. A team of 80 people. The background is very solid and I don't think they will just grab the money and run away.
The project also trying to solve a fundamental problem, which is to address the liquidity issue in the cryptocurrency world. It might not be as flashy as OMG or IOTA, but I believe this project is achievable, hence worth to hold long term. Many ICOs I have studied before put me off because their vision seems to be great, but it is very hard to be implemented or have no useful and unique feature. I don't want to call names, but generally in the new energy field and e-commerce field, I find many ICOs will fail in the year coming.
I strongly believe the cryptocurrency world will grow, thus more people will be interested in trade, just like the stock market. Qash will thrive if the cryptocurrency thrive. As more people involved in trade, the liquidity issue will only amplify, exchanges A might have more people sell BTC than buying and exchange B might have more people buy BTC than selling. They can use Qash under the liquidity platform that Quonie built to achieve win-win situation. exchange A might sell BTC to exchange B, where the currency to settle is Qash. With qash, both exchanges will have 5% off as settlement fee. It might not be much, but if we are talking about doing business between exchanges, trading volume could be billions, 5% saving could mean a lot.
The whole picture looks very promising, the idea is simple and achievable. There are two question remain, one is how can Quoine convenience all the exchanges adapt its liquidity platform? ICOs that targets to the end user might be easily achieved through marketing and providing early incentive, but to exchanges? How can they find the gatekeeper and decision maker? The answer is the CEO of Quoine, Mike. I have been following all of their AMA sessions and participate in the telegram. Mike seems to be very competent in several areas: the charisma, the logic and the connection. He is the only few people I don't get turn away when interviewed, we all have these kind friends that can always talk them out of trouble or get laid. Mike is this kind of person, if you don't believe me, just watch a few of his interview on Youtube. The second point is logic, it works with the charisma collectively, if a person can hardly make sense, it will bore me in 30 seconds. His thought and vision is very clear and he is able to express it and enhance it. The third aspect is connection, which I cannot prove, he said he is well connected to the owner of exchanges, if he can talk to the decision maker directly and use his traits to affect their decision, they he is the key success factor of this project, with him, there will be customers. What general public think will not matter, because we are not the target audience.
There are also lots of industrial big figures invested in this project, you can do your own research on it. The Qash will be listed in Binance, bitfinex and cex on 1st Dec. Currently it is traded under Quionex and Qryptos. It has experienced a dump at the moment, it might experienced another dump when hit Binance.
The second question will be, how much it can grow. Qash has 1 billion token, many says the marketcap is too big, no way this will grow like OMG or IOTA. But it only have 350m circulation, management has 200m I don't think they are allowed to trade now, 300m assigned to community, which will be distributed to public in 5 years time, 150m to institutional investor, which I assume it will also be a long hold. All the privileged has 30% off, and public ICO has 20% off. So even there will be a dump, it won't halve the price at least. The lowest it goes is 0.00095 eth, which ICO price is 0.0008 eth. Highes price is about doubled in the first 30 mins of trading. Currently price is at 0.0012 eth.
As Mike visioned, he wants Qash to be the top 3 coin in the future (once they have their own block chain, the token will become coin, estimated time is 2019 Q2-3). I asked the question of what benefit for Qash have its own block chain, the answer is that they can add more features to Qash and the platform, meaning more flexibility, more versatility and underlined value. if Qash takes out BCH and become the 3rd under Eth, then the price should be $200/Qash, which is 800 times the price of ICO. Looking at Eth, this is not unreachable, Eth increased about 963 times the ICO price and it is yet a POS token and still under the impact of inflation.
The big date for Qash will be this December, the beta world book will be released and it will be officially trading in exchanges. 2018 Q2, liquidity platform will be released. 2019 Q2, has it own block chain and 2020, which it will have a banking licence and Japanese Olympic will be the same time, I would expect the price moon in these three phases.
To summary, Qash project is one of the regulated ICO, I have followed through the whole thing, prorata like IPO, 45% of my initial investment was returned. Staff seem to be handling things very professionally, except the incident the website crushed a bit when it was firstly trading on Qryptos 21st Nov. For a B2B platform, the team and industrial connections are very important and this project has both. And the best thing is, this project is flying under the radar for most people, 2 weeks before ICO, it only had about 2000 people in their telegram, now, a mere 4000 people. Power Ledger, Quantstamp and Electroneum have 15k people. So definitely now is still a good entering point. To be honest, they might not even care how many people speculating their token, they raised the fund, exceeding 45% of the target. Pump and dump will do no good to the project in long term, so they did a little public marketing. I found this project in my junk email box LOL. IMHO, this token will grow, but slowly, which would be health to both the investor and the company.
It is managed by a bunch of people worked in Morgan Stanley, Goldman Sach and Softbank. They have two exchanges (Quoinex and Qryptos) already been running for couple years. A team of 80 people. The background is very solid and I don't think they will just grab the money and run away.
The project also trying to solve a fundamental problem, which is to address the liquidity issue in the cryptocurrency world. It might not be as flashy as OMG or IOTA, but I believe this project is achievable, hence worth to hold long term. Many ICOs I have studied before put me off because their vision seems to be great, but it is very hard to be implemented or have no useful and unique feature. I don't want to call names, but generally in the new energy field and e-commerce field, I find many ICOs will fail in the year coming.
I strongly believe the cryptocurrency world will grow, thus more people will be interested in trade, just like the stock market. Qash will thrive if the cryptocurrency thrive. As more people involved in trade, the liquidity issue will only amplify, exchanges A might have more people sell BTC than buying and exchange B might have more people buy BTC than selling. They can use Qash under the liquidity platform that Quonie built to achieve win-win situation. exchange A might sell BTC to exchange B, where the currency to settle is Qash. With qash, both exchanges will have 5% off as settlement fee. It might not be much, but if we are talking about doing business between exchanges, trading volume could be billions, 5% saving could mean a lot.
The whole picture looks very promising, the idea is simple and achievable. There are two question remain, one is how can Quoine convenience all the exchanges adapt its liquidity platform? ICOs that targets to the end user might be easily achieved through marketing and providing early incentive, but to exchanges? How can they find the gatekeeper and decision maker? The answer is the CEO of Quoine, Mike. I have been following all of their AMA sessions and participate in the telegram. Mike seems to be very competent in several areas: the charisma, the logic and the connection. He is the only few people I don't get turn away when interviewed, we all have these kind friends that can always talk them out of trouble or get laid. Mike is this kind of person, if you don't believe me, just watch a few of his interview on Youtube. The second point is logic, it works with the charisma collectively, if a person can hardly make sense, it will bore me in 30 seconds. His thought and vision is very clear and he is able to express it and enhance it. The third aspect is connection, which I cannot prove, he said he is well connected to the owner of exchanges, if he can talk to the decision maker directly and use his traits to affect their decision, they he is the key success factor of this project, with him, there will be customers. What general public think will not matter, because we are not the target audience.
There are also lots of industrial big figures invested in this project, you can do your own research on it. The Qash will be listed in Binance, bitfinex and cex on 1st Dec. Currently it is traded under Quionex and Qryptos. It has experienced a dump at the moment, it might experienced another dump when hit Binance.
The second question will be, how much it can grow. Qash has 1 billion token, many says the marketcap is too big, no way this will grow like OMG or IOTA. But it only have 350m circulation, management has 200m I don't think they are allowed to trade now, 300m assigned to community, which will be distributed to public in 5 years time, 150m to institutional investor, which I assume it will also be a long hold. All the privileged has 30% off, and public ICO has 20% off. So even there will be a dump, it won't halve the price at least. The lowest it goes is 0.00095 eth, which ICO price is 0.0008 eth. Highes price is about doubled in the first 30 mins of trading. Currently price is at 0.0012 eth.
As Mike visioned, he wants Qash to be the top 3 coin in the future (once they have their own block chain, the token will become coin, estimated time is 2019 Q2-3). I asked the question of what benefit for Qash have its own block chain, the answer is that they can add more features to Qash and the platform, meaning more flexibility, more versatility and underlined value. if Qash takes out BCH and become the 3rd under Eth, then the price should be $200/Qash, which is 800 times the price of ICO. Looking at Eth, this is not unreachable, Eth increased about 963 times the ICO price and it is yet a POS token and still under the impact of inflation.
The big date for Qash will be this December, the beta world book will be released and it will be officially trading in exchanges. 2018 Q2, liquidity platform will be released. 2019 Q2, has it own block chain and 2020, which it will have a banking licence and Japanese Olympic will be the same time, I would expect the price moon in these three phases.
To summary, Qash project is one of the regulated ICO, I have followed through the whole thing, prorata like IPO, 45% of my initial investment was returned. Staff seem to be handling things very professionally, except the incident the website crushed a bit when it was firstly trading on Qryptos 21st Nov. For a B2B platform, the team and industrial connections are very important and this project has both. And the best thing is, this project is flying under the radar for most people, 2 weeks before ICO, it only had about 2000 people in their telegram, now, a mere 4000 people. Power Ledger, Quantstamp and Electroneum have 15k people. So definitely now is still a good entering point. To be honest, they might not even care how many people speculating their token, they raised the fund, exceeding 45% of the target. Pump and dump will do no good to the project in long term, so they did a little public marketing. I found this project in my junk email box LOL. IMHO, this token will grow, but slowly, which would be health to both the investor and the company.
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