Website

QYKBAR (QYK)

ICO

Last updated: May 04, 2018

QYKTrade is a world’s decentralized network to buy, stock, consume and trade alcohol

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Overview

Project industry	Commerce & Retail
Product type	Platform
Founded	Singapore, 2018
Whitepaper	Open
Onepager	Open

Bounty program

What is QYKBAR

Selecting, Stocking & Consuming favorite alcohol drinks on the cloud
Creating personal collection of Beers, Wines and Liquors on the cloud
Consuming at any Bar or Restaurants affiliated with QYK BAR. Prices always remain same for location types that user choose
Powered by virtual credit card providing micro credit at point of sale at Bars & Pubs
Return unused alcohol back to QYK pool to get refunds

Details

Pre-sales: Mar 31, 2018 - Apr 22, 2018
Public sales: May 15, 2018 - Jun 16, 2018
Soft cap: 3,000,000USD (fiat)
Hard cap: 40,000,000 USD(fiat)

Legal

Country limitations: China, Sudan, Syria, United States,
Registration country: Singapore
Registration year: 2018

Token info

Ticker: QYK
Type: Utility-token
Token price in USD: 1 QYK = 0.01 USD
Accepted currencies: USD ETH BTC
Bonus program:
Pre-sale: 20% Discount
Crowd Sale:
15.05 -24.05 -16% Discount
24.05 - 03.06 - 8% Discount
03.06 - 16.06 - 0% Discount
Additional:
100,000 USD and above transactions: 15% discount
50,000 TO 100,000 USD: 10% discount
25,000 TO 50,000 USD: 7% discount
10,000 TO 25,000 USD: 5% discount
5,000 TO 10,000 USD: 2% discount
Token distribution:
75% - QYK Token Sale (Closed Sale/Pre Sale/Crowd Sale)
2% - Bounty & Promotions
12% - QYK Tokens Rewards & Loyalty Reserve Fund
11% - Management & Advisory Board
Funds allocation:
10% Merchant Onboarding
20% Sales & Marketing
20% QYK Card Credits
10% Buffer
45% Payroll& Product Development
5% Legal & Admin
5% Offices

QYKBAR Roadmap

Q2 2016

Concept Stage. Work started on BIXTrade system concept. Technical concept development and filing of Patent Applications for BIXTrade system. Concept of QYK Bar discussed and validated with bars.

Q2 2017

BIX Patent.
Received.
Patent No: US 9,635,000 B1 received on Apr 25, 2017.
3 more Patents filed.
Development on BIX Trade ledgers Beta version and QYK Bar application started.

Q4 2017

MVP Launched!
Patented BIX Trade technology live
in Beta.
Pilot completed with Bars.
Live Apps for QYK Bar for Users &
Bar merchants launched.
Merchant Acquirer License applied
for Malaysia & Singapore entities.
PCI Certifications completed.
Backend Bank integrations for Cards
and Net banking completed.
Integrations completed with Credit.
Check agencies.

Q2 2018

Marketing & Partnerships.
Partner with top 500 Bars and Pubs in Malaysia & Singapore.
Reach out to 100,000 users.
Online & Offline marketing in full
swing.
Field Sales team to be hired.
Settle operations for 2 countries and
plan for expansions into Australia, Thailand, Indonesia, Japan & Philippines.

Q4 2018

Growth Strategy.
Expand operations into Thailand,
Australia, Indonesia, Philippines,
Japan.
Fully commercialize QYK Trade
Blockchain.
Create loyal user base of
authenticated users.
Get more of commissions
revenues by partnering exclusive
deals with Bar merchants.
Start work for expansion into
Phase 2 i.e. global domination.

Q2 2019

Results.
Get 1,000,000 loyal customers on
app across APAC & plan expansions
to other regions in Europe & US.
Settle operations in all main
regions, i.e. US, Europe, APAC.
Target next big jump to become
the UBER for Alcohol.