Platinum QDAO IEO Review
Join the Q Dao Community of Miners & Decision Makers!
Join our mining community and begin mining Q DAO tokens immediately. Now is your chance to become a miner in a growing community. Make your voice heard by becoming part of our decision makers by mining a revolutionary new cryptocurrency of the future
How the system works
1.Trade on exchanges
Trade USDQ on the secondary market as any other stable coin.
2.Get a loan
Collateralize your crypto and easily get USDQ stable coins. After trading is complete, simply return the USDQ in exchange for your crypto of choice.
3.Discover the Q BOX
Mine Q DAO tokens, raise your own AI based robot, which will help you to make predictions.
The 1st element of the ecosystem is the exchanges. USDQ bargains on the secondary market at the price of 1 dollar for 1 USDQ, respectively traders interact with this coin, as well as with any other. To buy USDQ at the exchange is the first way by means of which it is possible to get stable-coin.
Some Amazing opportunity to claim in USDQ
Receiving the credit in USDQ through crypto assets collateral
The 2nd way, which includes several important elements of an ecosystem, is receiving the credit in the stablecoin USDQ through crypto assets collateral. A pledge rate to the released stablecoin is D %, where D is the last rate established by Q Box which is a self-learning neural network, and approved by holders of the governance token. Thus, it reaches over provided credit and leads to ensuring the stability of USDQ token.
Respectively, when new crypto assets enter the ecosystem, the created smart contract prints new USDQ and sends them to the borrower. When the borrower wants to take away the collateral and return the credit, it undergoes the return procedure on the website, at the same time paying a certain interest rate for use of stablecoin credit. After the return of USDQ together with payment of commission for use of proceeds of credit, crypto assets are de-frozen and return to the address of the borrower’s wallet, and USDQ tokens are burned.
The credit in USDQ tokens is issued for a limited term. If the credit lasts, then it is necessary to bring the commission in the governance tokens Q DAO. If the credit is not returned in time, then pledge in cryptocurrency goes to untouchable stabilization fund. In case of elimination process crypto assets of stabilization fund are sold first.
Self-stabilizing. Always stable. The environment doesn’t matter.
According to the nature of decentralized stable coin, it can’t fall or take off with big fluctuations. Self-stabilizing algorithms and market itself will always keep the price stable.
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Q DAO Token and Voting Process
By means of governance tokens Q DAO it is possible to vote and make decisions influencing all ecosystem.
Each users’ neural networks will be developing on their own pace and therefore the predictions they make will be different too. And if at some point most of Q Boxes, irrespective of the level of their proficiency foretold that, for example, the rate of cryptocurrency which is in pledge will fall and it is necessary to take actions to stabilize stable coin by increase in a rate of pledge, then this solution prediction will be brought up for voting where each holder of governance tokens Q DAO will be able to vote “against”. If the owner of governance tokens Q DAO does not take part in the vote, his voice automatically becomes pro this decision. Thus, if most of the users voted against, nothing occurs and if for — the system changes. Except for vote, governance token Q DAO is used for payment of the commission at repayment of the collateralized debt position, the token Q DAO is also being traded in the secondary market.
Purpose of the Scanner Service
All crypto assets will be kept in crypto asset control system, and private keys from wallets — will be stored in separate storage.
One more important element of the ecosystem is the scanner service which helps to reach transparency of the whole structure. This component will be placed on one of the website pages where each user will be able to see and monitor all transactions of the network. Thus the smart contract will allow seeing, for example, that only 1,000,000 USDQ were released, on the security of a certain quantity of crypto assets. It will be possible to see concrete transactions, concrete wallets and time of the transaction. It will be possible to trace how many crypto assets were locked for each separate transaction and how many of them are in the system.
Any movement, namely repayment or on the contrary issuance of credit will be displayed as fast as possible in the system on the website. Each person could see that these crypto assets are subject to storage and are not spent.
USDQ price stabilization process
How is the ecosystem decentralization reached? By means of one more its element. These are Q Boxes who will provide the decisions based on mathematical algorithms on the need for crypto asset sale in case its price drops lower than the designated mark. At decision-making interaction of Q Boxes adjust human factor of influence on the ecosystem.
The price in the contract is always supported at the level of 1 USD. While USDQ token cost in the secondary market can deviate $ USD 1 in the greater or lower side, the smart contract guarantees cost 1 USDQ = to $ USD 1. Therefore, if USDQ token price in the secondary market grows, traders have a chance to buy USDQ, using the smart contract, at one price and to sell them in the secondary market at the raised price. It leads to an increase in the number of USDQ in the market and, respectively, to dilution the price that returns it to a mark of $ USD 1.
In case USDQ price in the secondary market falls, everything occurs on the contrary, there is an opportunity to buy USDQ at the exchange cheaper and to sell to the smart contract more expensively that leads to burning of USDQ in the market and, respectively, to a price raising to a mark of $1.
It will be possible to sell USDQ to the smart contract only if the owner of a stable coin in pledge has crypto assets. Therefore, to get the profit based on a difference of the prices of USDQ it will be necessary to put the crypto assets.
Thus cost 1 USDQ in the secondary market is always stabilized due to actions of traders and change of the number of USDQ which are in circulation.
The second way of price stabilization of USDQ token is also connected with Q Boxes. F of % of mortgage crypto assets begin to be sold when their price in the market falls for E % until in pledge the necessary balance between crypto assets quantity and the released stable coin (D) for ensuring the price 1 USDQ = $1 is reached. Where E, F and D — the last rates, established by Q Boxes and approved by holders of the governance token Q DAO. In case the price of the crypto assets which are in collateral falls to the critical mark mathematically calculated earlier, then the crypto assets which are in the collateral begin to be used for repayment of USDQ which will be burned at once that will serve the equation of the price 1 USDQ to 1 USD.
**USDQ is one of its kind ERC-20 decentralized stable asset
1USDQ=$1
Right now issued 5,531,632.5042 USDQ collateralized
by 1,410.582 BTC (200% collateral)**
Trade it as a regular stable coin on the secondary market.
Trading in a low-volatility cryptocurrency such as USDQ may help traders to work more efficiently and stay safe no matter what happens on the secondary market.
Collateralize your crypto and get a simple stable trading asset. After the trading, just give it back and return your crypto.
Bitcoin, Ethereum, and other popular cryptocurrencies can’t guarantee its minimum value. So, protect it in our ecosystem until you will be sure in their stability. Holders of USDQ will have a trusted coin which will safeguard from market volatility until ready to begin trading again.
Join the Q Dao Community of Miners & Decision Makers!
Join our mining community and begin mining Q DAO tokens immediately. Now is your chance to become a miner in a growing community. Make your voice heard by becoming part of our decision makers by mining a revolutionary new cryptocurrency of the future.
How the system works
1.Trade on exchanges
Trade USDQ on the secondary market as any other stable coin.
2.Get a collateralize debt position
Collateralize your crypto and easily get USDQ stable coins. After trading is complete, simply return the USDQ in exchange for your crypto of choice.
3.Discover the Q BOX
Mine Q DAO tokens, raise your own AI based robot, which will help you to make predictions.
The stable coin which earns money for you
1.Mine Q DAO tokens
Using the Q Box, you can easily mine Q DAO tokens
- Your own predictor
Based on AI , our Q Box analyses tones of parameters, news, and other factors to create a cryptocurrency rate prediction.
3.Community governance
Help the system to be stronger and safer. By using Q DAO tokens, you can participate in the system control.
TEAM
LATINUM SECURITIES company LTD, branches:
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 / 서울특별시 강남구 역삼1동 선릉로103길 21 주변
Thailand: Asok, PS Tower, 20th floor, Bangkok
Seychelles: Global Gateway 8, Rue de la Perle, Providence, Mahe
Australia: Melbourne VIC 3000, 152 Elizabeth St
Community
Learn more about USDQ and Q DAO, chat with the team, and leave your mark in the blockchain history #USDQ and #StableCoin #Platinum
WEBSITE :
https://usdq.platinum.fund/
https://www.facebook.com/FundPlatinum
https://twitter.com/FundPlatinum
https://medium.com/platinum-fund
https://www.reddit.com/user/Platinum_QDAO
https://t.me/Platinumq
https://usdq.platinum.fund/onepager
https://www.linkedin.com/company/platinum-co/
https://github.com/Platinumengineering/USDQ
Author:
Bitcointalk username: gaitonde
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2344636
Telegram: @Sheelamar
Eth Address: 0x3685ff77f8e4deEc9abe29ceA15E33209863d4CD