Published: Jun 08, 2018

Quidli (QUID)

Website

Bounty

Status

ICO

Quidli is a decentralized network for equity transfers, a gateway for early-stage startups and people to connect through equity-as-compensation.

Whitepaper

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Interest lvl

Updated: Apr 21, 2019

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User Rating

Medium

3/5 • 1 votes

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Ticker

QUID

Type

Utility-token

What is Quidli

At Quidli, workers are compensated in tokens calculated and distributed based on contribution.

As the project evolves and require? more labor, fixed and or one-off, Quidii will introduce options for clauses: Vesting to distribute ownership over time; continuous transfers to account for future growth; sales restrictions to avoid sudden changes in structure; establishing distribution in the form of a periodic salary; etc. Such features are developed on the extensions layer.

The applications layer is the Quidli platform - its the off-chain infrastructure, comprised of the application operating environment and its API. On this layer, which hides the complexity of blockchain via UI or UX, users access the network and relevant data, and run applications. By default, the first app on the platform executes the core single transfer feature.

Quidli Roadmap

Q1 2018

Determine product description, technical architecture;
Release abbreviated white paper;
Launch Quidli product page.

Q2 2018

Release full white paper (ver. 1.0);
Commence development on internal Quidli platform (off-chain);
Secure, scalable app for companies & workers to calculate & distribute equity;
Kick-off 1st pre-ICO bounty program.

Q3 2018

Open Quidli platform (off-chain) to other startups/companies;
Commence development on core Quidli transfer protocol (on-chain);
Receive external audit on Quidli ICO smart contract;
Launch business development in first market (US);
Incorporate Quidli;
Pre-sale.

Q4 2018

Token sale;
Propose first legal framework to convert token into binding equity distribution (off-chain);
Deploy continuous calculation & distribution of equity as contribution extension;
Public release of Quidli protocol/transfer platform;
Alpha release of core API for external developers;
Push open source Quidli smart contracts on Github;
Release technical documentation on architecture & API utilization.

Q1 2019

Add core improvements (decentralized storage, blockchain electronic signatures, etc.);
Provide an onchain template for simple equity transfers;
Expand business development into other countries;
Receive external audit on Quidli smart contracts;
Enable QUID transactions by listing on exchanges.

Q2 2019

Deploy tax extension to calculate & pay income and/or capital gains taxes;
Launch an open marketplace to connect companies & labor pool (workers);
Integrate lawyer portal to enable all equity transfer types on-chain;
Commence Quidli Fund, Phase 1:
Grants to encourage external initiatives.

Q3 2019

Deploy community version of platform with decentralized governance elements;
Deploy buy-out extension to allow users to propose buying/selling any holdings gained on Quidli platform;
Deploy equity & cash settlement extension to offer mixed compensation packages;
Commence Quidli Fund, Phase 2:
Full investment fund for external initiatives;
Accelerator to increase direct support.

Q4 2019

Commence phasing out of core team;
Establish Quidli DAO (decentralized autonomous organization);
Build governance flows & permissions into QUID;
Deploy a dedicated management App for governance;
Setup tools & communication channels for users involved in platform governance;
Deploy HR extension to allow companies to manage entire compensation needs.