Project Overview
QASH is based on LIQUID - a global trading platform (the LIQUID platform is a financial utility that can benefit the entire crypto-economy. Token issuers, token holders , a platform where both innovators and the next generation of financial services users can benefit from liquidity). QASH can be circulated in all transactions in the world, and it can also pay for transactions generated in QUOINE, giving full play to its role in other circulation.
QASH is a digital encrypted token issued by the Japanese company QUOINE, one of the first licensed Japanese "virtual currency exchanges" and a global financial technology company. QASH is an ERC-20 token based on Ethereum, and its purpose is to pay transaction service fees on the QUOINE LIQUID platform.
Project Highlights
The team has strong strength, and the platform has been operating steadily in the past. In the past two years, QUOINEX's annual transaction volume has exceeded 12 billion US dollars; both technical and financial aspects are There is a strong guarantee and a strong team of consultants. The QUOINEX trading platform is composed of a group of information technology and risk professionals from investment banks. They attach great importance to compliance and supervision, which is an important guarantee for platform compliance.
The business logic is clear and reasonable, the technology has certain innovation, the development team is mature, and the development route is clear. Judging from the team's historical performance, it has the ability to achieve the goals of product planning.
The issuance of Qash makes the service charges for currency transactions more standard and unified. With the help of its own large-scale trading platform, it provides a guarantee for the issuance and promotion of Qash. The value logic of the token is compared with BNB
Qash's advantage lies in the QUOINE platform. Its QUOINEX trading platform currently ranks in the top 5 in terms of global trading volume; BNB (Binance Coin) is a good benchmark for Qash.
Application scenarios
Qash is used to pay the service fee of the QUOINE LIQUID platform. At the same time, Qash can also pay service fees for other platforms.
Opportunity
Initiated by the world's top exchanges and legally authorized by Japan.
The investment team behind it is strong, and SoftBank's investment has always been very safe.
Establish a cooperative relationship with B network and Dash.
Although the hard cap reaches 150 million US dollars, as the CEO introduced, the project itself is for circulation, increasing the liquidity of various exchanges. If you follow the flow of Citi and JP Morgan in the traditional financial field In terms of nature, 150 million US dollars is actually far from enough. With the appreciation of the token, sufficient liquidity will be guaranteed.
Risk
Facing fierce competition from many large exchanges.
Whether it is Twitter or Telegram, the attention of community media is low and the popularity is not high.
Summary
Cryptocurrency exchanges around the world face a similar problem: lack of liquidity. These exchanges all offer similar services and trading, but their sources of liquidity exist in siloed environments. That's an opportunity that Quione sees. The company envisions a global liquidity pool that can work with multiple exchanges. There is also a very strong investment team, and I believe these investors also have unique insights.
