Initiative Q will be a Centralized Paypal for your cellphone. https://initiativeq.comSince there are currently 2 trillion Qs,
80% are expected to be distributed as incentives — to encourage user activity and promote network growth.
Around half of the incentives are reserved for buyers, and the rest for sellers, agents, contributors, and to incentivize growth-supporting activities within the Q network.
10% are assigned to the Initiative Q payment company, for the purpose of funding development of the world’s most advanced payment network.
10% are assigned to the Q monetary committee monetary reserves. These will be gradually converted to other currencies and financial assets, allowing any Q member to easily convert to other currencies if needed. Monetary committee members will be compensated according to industry standards.
Once the initial 2 trillion Q are fully distributed, the monetary committee may create and distribute new Qs in order to keep the money supply in line with economic activity and to maintain stability, as outlined in the economic model.
Qs vs Crypto
The part where they will scam you is highlighted in red.
Also their math is bad.
80% are expected to be distributed as incentives =>80%
That only leaves 20% for anything else.
But Yet they pulled another 70% out of their ass. Around half of the incentives are reserved for buyers =>50%
10% are assigned to the Initiative Q payment company =>10%
10% are assigned to the Q monetary committee =>10%
Total Amount They Keep or Sell => 70%Which leaves only 30% for incentives. FYI:
It is a bullshit ICO for a
Centralized Payment Service,
Expect the SEC to rip these idiots a new one before everything is said and done.