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StableCoins by Platinum Q DAO Engineering (Q DAO)

StableCoins by Platinum Q DAO Engineering bounty

Stablecoins give financial freedom to every user, they are not controlled by any governments or central institutions, they are scalable, effective, and transparent. Platinum Q DAO team believes that USDQ, KRWQ, and coming stablecoins attached to the Q DAO ecosystem will take a leading position in the crypto industry as a golden standard of stable coins.

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Overview

Project industryCommerce & Retail
Product typeCryptocurrency
FoundedJapan
WhitepaperStableCoins by Platinum Q DAO Engineering White Paper Open

Technical details

IEO period: Each token sale round will take place on the first of every month at 17:00 KST (08:00 UTC) time from 01.06.19 till 01.03.20. The first round has finished at the beginning of this month with over 15000 Q DAO coins sold! That is one of the best results since the last bull run of 2019! The price of the Q DAO token for each round is set as follows: this is the arithmetic average of the Q DAO token trade across all exchanges over the past two weeks. About Q DAO Ecosystem: The Q DAO Ecosystem comprises two coins: Q DAO and stablecoins family USDQ, KRWQ and others. 1. Q DAO: the creation of Q DAO was factored to govern the ecosystem and to pay fees inside the ecosystem. Q DAO is a cryptocurrency inside a smart contract ecosystem that works with USDQ, KRWQ, CNYQ, JPYQ and other coins. They all look to become a hedge ecosystem that helps traders keep stability in reference to other coins currently on the market. 2. USDQ, KRWQ, JPYQ and others are a decentralized stablecoins backed by bitcoin. They function by using algorithms and are pegged to USD or appropriate national currency, that is USDQ 1 = USD 1, KRWQ 1 = KRW 1 , etc.

What is StableCoins by Platinum Q DAO Engineering

The problem solving: The main problem to solve is reducing the volatility crypto trades face, and that's exactly what USDQ and other Q DAO family stablecoins do. Each and every single stablecoin is backed with an amount of BTC safely stored with wallets which are connected to the smart contract ecosystem. Users can set long positions on USDQ and keep those funds stable without worrying about losing their money through the swings of the crypto market.

Details

Public sales: Jul 01, 2019 - Mar 01, 2020
Token supply: 999,999 Q DAO
Total tokens for sale: 509,999 Q DAO
Soft cap: 100,000 USD
Hard cap: 509,999 USD

Legal

Blockchain Platform: Ethereum
Country limitations: United States of America
Registration country: Singapore
Office address: Singapore: 18 Sin Ming Lane, MIDVIEW city, 573960
Hong Kong: Eib Centre, 7/F Bonham Strand, Sheung Wan
South Korea: Seoul, Gangnam-gu, Yeoksam 1-dong Seolleung-ro 103 Road 21
Thailand: Asok, PS Tower, 20th floor, Bangkok
Seychelles: Global Gateway 8, Rue de la Perle, Providence, Mahe
Australia: Melbourne VIC 3000, 152 Elizabeth St

Token info

Ticker: Q DAO
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 Q DAO = 1 USD
Accepted currencies: ETH, BTC, LTC, FIAT, BCH
Bonus program:
The price of the Q DAO token for each round is set as follows: this is the arithmetic average of the Q DAO token trade across all exchanges over the past two weeks.
Token distribution:
IEO - 51%
Team - 40%
Advisers and product development and bounty - 9%

StableCoins by Platinum Q DAO Engineering Roadmap

1
April-May, 2019

The release of a standard contract with USDQ backed with bitcoin assets. Creating the simplest landing site for monitoring of collateral and released assets. Listing of the tokens on the first exchanges. The release of Q DAO token as a governance token for keeping stability of USDQ.

2
July-August, 2019

Closed beta test of the loan interface. We give the first loans secured by your bitcoins in semi-automatic mode. Expansion of the list of exchanges for listing. Release of new USDQ tokens on the secondary market. Launch of JPYQ, KRWQ, CNYQ tokens. Loans will be processed manually.

3
November-December, 2019

The release of the first public beta. Automation of the loan process. Implementation of the voting system. The limited launch of predictor robots within the team of the project. The release of the managing token.

4
January-February, 2020

The release of the first public predictor robots. Start mining process.

5
March-April, 2020

Automation of the loan process of JPYQ, KRWQ, CNYQ tokens.

6
October-December, 2020

Launch of our own decentralized exchange.

7
October-December, 2021

Creating our own blockchain and migrating the entire system to it.

Project team

i-Chan Huang
i-Chan Huang
Chief Strategy Officer|Taiwan
i-Chan Huang linkedin
JiJun Kim
JiJun Kim
Korean Community Development|Korea
JiJun Kim linkedin
Eddie Argueta
Eddie Argueta
Head of Communications|Brazil
Eddie Argueta linkedin
Jitendra Rathod
Jitendra Rathod
Marketing manager|UAE
Jitendra Rathod linkedin
Martin Saldamando
Martin Saldamando
Strategic Partnerships|United States
Martin Saldamando linkedin
Howard H.Kim
Howard H.Kim
Blockchain evangelist|Singapore
Howard H.Kim linkedin
Takeshi Ito
Takeshi Ito
Business developer|Japan
Takeshi Ito linkedin
Herry Vu
Herry Vu
Singaporean Community manager|Singapore
Herry Vu linkedin
Maria Danilova
Maria Danilova
Manager of Community Relations|Russia
Maria Danilova linkedin
Julia Della Scala
Julia Della Scala
Business Development|United States
Julia Della Scala linkedin
Artem Finko
Artem Finko
Marketing and communication manager|Finland
Artem Finko linkedin
Anton Dziatkovskii
Anton Dziatkovskii
Platinum co-founder|Poland
Anton Dziatkovskii linkedin
Daria Volkova
Daria Volkova
Project manager|Ukraine
Daria Volkova linkedin
Slava Mikhalkin
Slava Mikhalkin
Team leader|Singapore <—> Russia
Slava Mikhalkin linkedin
Eric Risthisen
Eric Risthisen
Blockchain Analyst|Thailand
Eric Risthisen linkedin
Slava Zheltov
Slava Zheltov
Senior Security Specialist|Norway <—> Russia
Slava Zheltov linkedin
Haleel Risthisen
Haleel Risthisen
Blockchain engineer|Thailand
Haleel Risthisen linkedin
Nick Krasheninnikov
Nick Krasheninnikov
Blockchain Architect|Hong Kong <—> Russia
Nick Krasheninnikov linkedin
Alex Adylshin
Alex Adylshin
Blockchain engineer|Singapore <—> Russia
Alex Adylshin linkedin
Den Udot
Den Udot
Back-end engineer|Latvia <—> Russia
Den Udot linkedin
Ivan Borisov
Ivan Borisov
Blockchain engineer|Russia
Ivan Borisov linkedin
Teethat Rinchai
Teethat Rinchai
Quality Assurance Analyst|Thailand
Teethat Rinchai linkedin
Mike Kudryashev
Mike Kudryashev
Front-end engineer|Canada <—> Russia
Mike Kudryashev linkedin
Victoria Robert
Victoria Robert
Product Designer|Singapore <—> Russia
Victoria Robert linkedin
Nick Morozov
Nick Morozov
DevOps engineer|Estonia <—> Russia
Nick Morozov linkedin
Rus Inozemtsev
Rus Inozemtsev
Research Scientist|Singapore <—> Russia
Rus Inozemtsev linkedin
Eunchae Jang
Eunchae Jang
IT Support Manager|Korea
Eunchae Jang linkedin
Rinat Rezakov
Rinat Rezakov
Front-end engineer|Singapore <—> Russia
Rinat Rezakov linkedin
Kate Ezerskaya
Kate Ezerskaya
Front-end engineer|Russia
Kate Ezerskaya linkedin
Nick Pisarskiy
Nick Pisarskiy
Front-end engineer|Russia
Nick Pisarskiy linkedin

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