Crypto-Investors Safe-Heaven Against Market Instability

If you can recollect, the advent of blockchain was caused by a truly unstable circumstance of the global economy, which thus led mankind to a global crisis. Cryptocurrency has become an alternative to centralized payment system, with faster speed and most extreme privacy and security. Most transactions are public and everybody can see all transfers from individuals of the blockchain network. It’s against few principle of secrecy and confidentiality of member rights.

One of the main features of blockchain is tokenization of assets, known as coins or tokens. Tragically, over a decade now since Bitcoin emerged as the first cryptocurrency, the feature hasn’t been fully utilized. Issues have emerged which have hindered broad acceptance of digital currency as a truly medium of exchange. Issues of security, scalability, volatility, and exchange for fiat currency have tormented digital currency which ought to assume control as a payment system that is universally accepted.

Fiat currency is oversees by the decision of some central authority and it often reflected their interest. This factor always resulted to price volatility and economic instability. However, a new solution to solve the problem of price instability in both fiat currency and cryptocurrency has been developed. This solution was issued by USDQ through Platinum Q DAO Engineering.

ABOUT PLATINUM ENGINEERING COMPANY
It’s a global hi-tech organization offering many services to several blockchain and crypto based start ups.

Over three years now, Platinum Company has become leading Listing Broker universally: Platinum have listed over three hundred start ups.

Platinum dashboard and platform can be found in over thirty start ups, and it has raised over $350,000,000 for those start ups.

WHAT IS USDQ?
USDQ is a token developed by Platinum Engineering. USDQ is based on unique algorithms, it’s 100% collateralized by USD on 1:1 proportion. Q DAO token is utilized as the driving force of the ecosystem which facilitates the improvement process through holders voting.

HOW TO MINT USDQ/KRWQ?
Users collateralize a portion of their Bitcoin using smart contract and, in return, they get USDQ/KRWQ.

In minting, the system receives Bitcoins from users and mints exact quantity of USDQ/KRWQ in return. The system can't mint tokens because someone needs it.

Anyone that needs USDQ/KRWQ, have to communicate with the smart contract. A portion of bitcoin will be required before it can mint USDQ. It's not possible for anyone to simply instruct smart contract mint tokens.

In the event that the value of the token used to collateralize the USDQ minted fall down below a certain level, smart contract will automatically sell a portion of the token, using debt auction technique.

Lastly, if user wants back his Bitcoin's, he/she must return back the USDQ to smart contract, it immediately destroys it and returns Bitcoin to the users account.

USES OF Q DAO
Q DAO will be use to pay for service charges during minting.

It offers holders, voting rights when the needs arise.

In the nearest future, we intent to introduce more completely collateralized stable coins: JPYQ, SGDQ, HKDQ, and CNYQ to mention a few.

WAYS TO ACQUIRE Q DAO
Firstly, by OTC. This takes little time, yet it’s easier and profitable. Tokens acquired at OTC are discount, locked for a while with bonuses.

Secondly, via Hotbit or BTC-Alpha exchanges. Buying through exchange, your token won’t be frozen, trading tokens can begin instantly.

Lastly, through IEO taking place at BTCNEXT.

COMPETITORS
Platinum Engineering has combined all the features of USDQ competitors to develop a robust, transparent, reliable and users-friendly platform for USDQ.

ROADMAP

TEAM

CONCLUSION
The idea behind USDQ project is the best in the cryptoworld, it offers opportunity to investors who need to secure their investment against market instability. Interestingly, USDQ was collateralized by Bitcoin can grow quickly as demand for bitcoin increases. It will be an extraordinary opportunity for early investors in light of the fact that the price of Bitcoin will certainly rise.

Useful links to Q DAO project
Website: https://usdq.platinum.fund
Whitepaper: https://usdq.platinum.fund/whitepaper
Telegram: https://t.me/Platinumq
Kakaotalk: https://open.kakao.com/o/gfFhY2mb
Facebook: https://www.facebook.com/FundPlatinum
Twitter: https://twitter.com/platinumqdao
LinkedIn: https://www.linkedin.com/company/platinumqdao
Reddit: https://www.reddit.com/user/Platinum_QDAO
Medium: https://medium.com/platinum-fund

Author:
Bitcointalk Username:Alaho15
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2513944
Eth Address: 0xf8c20030A71708E73D58Ab3900629F17B8875da5