Liquid Qash By Quione Review

Disclaimer: I personally speculate and own Qash tokens, and it is close to 20% of my portfolio (number #2 of my cryptocurrency portfolio). I have done my due diligence and research (and still do. Please, always do your research), communicate with the team, learn from Telegram group chat, read their reddit and follow their AMA which have consistently and increasingly given me confidence to continually increase my Qash stack.

The Liquid Qash Project, owned and managed by Quoine Pte Ltd, has a very, very ambitious and admirable goal:

  • to create liquidity in the cryptocurrency space by connecting as many (if not all) crypto-exchanges in the world

  • *in my understanding, with super traditional route to banking and compliance, to also unite the traditional financial institution-world to the world of cryptocurrency and fiat. Ie a little like what European Union that united multiple European countries

    traditional fiat/financial institutions <--> Quione <--> crypto-exchanges

  • **and this is all connected through a centralized/central currency called Qash, which similar to Euros to EU.

In a sense, it's not something new, because this IS the current traditional model in the financial industry, just brought into the cryptocurrency world.

Every part of the Liquid Qash project demonstrates how Quione actually connects traditional/fiat finance to crypto-finance - from their project idea, advisors, team etc.

big picture / zoom out

I think and feel that Quione wants to be the European Union to connect both the traditional fiat institutions to the cryto-world, and Qash will be akin to Euros.

Why this is major major major because it actually combined BOTH decentralization and centralization, merging both worlds to form something new: regulated and semi-centralized decentralized financial institutionalization.

a few different names...same meaning

Eh, it's called a few different names:

  • Liquid Qash
  • Quoine Liquid
  • Qash
  • Liquid

....but all mean the same thing.

I like the name "Qash" so I'll keep calling it Qash (cos it sounds like "cash" to me heh).

This is the same logo/ticker name as in Coinmarketcap, Blockfolio - everywhere, so this should standardize it.

The main website for Qash is: Liquid.plus

what i like about QASh

  • Very clear white paper on its goals and roadmap
  • A very needed and ambitious super-project to connect the traditional fiat institutions to fintech and crypto-world/finance
  • Very solid team of more than 90 people and still hiring; and much of the team has strong experience in traditional banking/finance and crypto-world
  • Very strong business/organization - one of the few regulated crypto-exchanges in Japan, with years of actual and practice crypto-related experience as they started in 2014 (not newbies)
  • Very large target market - targeting crypto-exchanges and entire crypto-market in general, which is > USD 750 billion (not withstanding the recent January bloodbath which dropped this value by about 40+%, but correcting)
  • They've been achieving what they set out to achieve in their roadmap as promised
  • Very successful ICO, hit their target of USD 105 million and still oversubscribed
  • Still very un-hyped and low-key (to the annoyance of many Qash hodlers, where some of them wants more marketing/PR/hype BUT I quite like it this way - unassuming until BAM! It takes everyone by good surprise).

what can be better

  • It's a very, very big idea and project - to regulate decentralization, create a centralized and unite traditional fiat world to crypto-world/fintech a la EU-style.
  • The tech behind it is proprietary, so it's not transparent in that sense for now until...(their own blockchain coming out soon I think in 2019, I believe this will improve transparency)
  • Too little marketing leads this to being low-key (I think it's good at least for now for people like me who believe in the project and team so we can keep buying more lol)
  • Much of the team has traditional banking and finance background
  • ?Too centralized/regulated?

my ratings

Investment rating: 4.0 out of 5 stars

The Quoine as a company, with its Quoinex and Qryptos exchanges and Qash token, seems to be built on solid foundations and with strong team and clear vision and seems to be achieving the goals they set in their roadmap.

(Note: most recent update is that Quoinex will be re-branded to QNEX and Qryptos will be assimilated into QNEX so will have single major platform rather than 2 - which is good, more focus and better liquidity as well as less dilution).

Investment Risks: 1.5 out of 5

Some people say that the massively oversubscribed ICO = too much marketing and hype, as well as the lack of full transparency due to their proprietory tech and relationship with banks...but frankly, oversubscribed ICO may not be marketing or hype related.

From what I observe from their communications, there is little hype and Mike himself seems very level headed and clear in his articulation.

For any speculative / investing moves I plan to do or do, I always look at the team first, and especially how they carry themselves. With more than 250 years of combined banking and crypto experience, and carrying themselves focally and consistently, I am more than comfortable increasing my Qash stack since December 2017 (it is #2 on my portfolio).

What Am I Doing With My Qash Investment?

I am hodling it.

Buy and hold. It is one of my favorite "white horse" crypto-projects, and regardless, they are very focused, experienced and have been achieving success - I think they may very well succeed.

qash: general information

qash project overview

  • What is the organization behind the project?

    Liquid Qash was created by Quoine, a financial services company that provides trading, exchange, and financial services powered by blockchain technology.

  • In which country is this organization based (country of jurisdiction)?

    Quoine is headquartered in Japan, it also has offices in Singapore and Vietnam.

  • Is the project made of several projects?

    The Liquid Qash project does not have subprojects. However, the Liquid Qash project is one of 3 projects ran by Quoine Pte. Ltd.

  • What is the goal of project?

    Build a solid, global financial utility that solves the liquidity issue for all: build a common liquidity pool for as many exchanges as possible.

    This common pool will provide extremely high liquidity in many trading pairs: fiat to crypto, crypto to crypto and crypto to fiat.

    The Qash project aims to provide liquidity between markets where historically there was none: liquidity is the lifeblood of every industry, it is the single most important element lacking in the crypto economy today.

    Qash wants to solve two issues: the developed markets isolation and the emerging markets isolation.

    A. Developed markets isolation: standalone exchanges operating in closed pools of liquidity i.e. One exchange in one currency pair (e.g. BTC/USD at exchange A serving USD customers) cannot easily access the opposite liquidity if it exists on another exchange (e.g. BTC/EUR at exchange B serving Euro customers).

    B. Emerging markets isolation: underserved with illiquid local currencies that must interact with bigger liquidity pools to utilize cryptocurrency i.e. An exchange trying to support customers living in a country with a weak national currency will have very little liquidity

What is the best way to describe the project?

  • Qash is “a single globally-sourced trading platform (World Book) with an associated suite of services (Prime Brokerage)”

  • World Book: a multi-market order book that aggregates the orders and prices from the world’s various exchanges into one platform, it will allow users to place orders in any currency.
  • The World Book, an example of usage (from white paper, page 18)

  • “For example, a German trader (A) wishing to sell BTC (Base Currency) can choose to see the World Book for BTC in EUR (their Quote Currency). When they place an order in the World Book, they see their order enter the BTC/EUR market, and the order’s price is reflected in their orderbook in EUR.”

  • “While, a Singapore trader, using the World book, will see the entire order book in their own currency of choice, likely SGD. They will see the order that was placed in BTC/EUR by the German Trader, priced in SGD – and from the Singapore trader’s perspective, the German trader’s order will fluctuate with changes in the EUR/SGD rates.

  • “If the order to sell BTC/EUR is matched with an order to buy BTC/SGD, an FX conversion happens behind the scenes. Both parties receive their execution in the respective currencies of their orders.”
  • Underpinning LIQUID (Liquid Qash) Platform’s World Book are three technologies that are already by QUOINE on a daily basis:

    • Matching Engine (ME) to match orders
    • Cross Currency Conversion Engine (CCCE) to convert orders to when they are matched in different currencies
    • Smart Order Routing (SOR) to route orders quickly to reputable exchanges
  • The Prime Brokerage service will add features such as Crypto/Fiat Credit and Real Time Reporting.
  • Further services will be available such as System Co-Location, Automated Trading Strategies and Quoine’s Trading Tools
  • crypto competitors in same space

    • B2Bx

      Qash compete against B2Bx, which holds itself out as “the first official provider of cryptocurrency liquidity”. Their target market is institutional investors and other professionals.Ticker: B2BMarket cap: 20 million USD (early Jan 2018)Coin rank: 425 (early January 2018)

    • Request Network

      Request Network and Liquid Qash have different aims.

      Request Network aims to provide easy transfer of cryptocurrencies between users p2p (i.e. business-to-individual or individual-to-individual).

      Qash on the other hand will be a highly liquid pool linking up exchanges used by anyone (individuals or entities): it is more of a centralized concept.

      Ticker: REQMarket cap: 499 million USD (early Jan 2018); Coin rank: top 100 (18th Jan 2018)

    Qash white paper includes a diagram analysis of competitors and shows how Qash is performing in the crypto-finance space.

    quoine team and their experience

    • How many people are in Quoine?

      At this point in writing, I am aware that Quoine has 100+ people on its team. They have recently spruced up their support team and they mentioned that they are hiring more.

    • Are the team member names and history known?

      Of course - all the team members are visible on the website.

    • What is the approximate proportion between tech people and business people?

      There seems to be about half-half mix of tech and business people.

    • Does the organization have a history of successful projects?

      Yes, Quoine has successfully launched two exchanges.

      Quoinex: launched in early 2014, a fully compliant digital asset exchange with over 12 billion USD in annual transactions. Quoinex is one of the only regulated exchanges in Japan, this adds to the maturity of the organization.

      Qryptos: launched in 2017, a fully digital exchange exclusively for cryptocurrencies. The platform plans to offer token issuers an easy way to list and trade their own tokens.

    • Does the team have a history of successful projects?

      Yes, the Quoine team has over 250 years of combined experience in finance and technology.

      Mostly notably, they have built Quoinex (2014)...which is one of the largest cryptocurrency exchanges in the world. And then the Qryptos exchange at end 2017.

      Qash will have an advantage on Quoine’s existing platforms by forming an exclusive partnership to utilize common infrastructure, product tool sets, and knowledge sharing of best practices.

    • Do the advisors have a history of successful projects?

      The advisors include current and former bank CEOs, consulting firm directors and a former vice president of Visa to name a few.

    • Does the project has any partnership with other organisations?

      Quoine has partnerships with 15+ exchanges. For its ICO, Quoine partnered with ULS Group, a consulting and development services company that is publicly listed company on JASDAQ.

    • What is the experience of the individual team members?

      The team is experienced in Forex, IT, Forex IT, Algos, equity trading systems, and FICC (Fixed Income, Currencies, and Commodities )—all combined with expertise in Internet and mobile technology.

      Quoine’s management team has worked at the following companies:

      Goldman Sachs, Bank of America Merrill Lynch, Credit Suisse, Citigroup, Barclays, UBS, ANZ, Union Bank, Rabobank, Wells Fargo Bank, Bloomberg, Price Waterhouse Coopers, SoftBank Group Corp., SAMSUNG, SingTel, Mitsubishi Corporation, Anderson Consulting, and AirAsia.

    quoine project status updates

    • When did this project start?

      Quoine was incorporated in Q1 2014. There isn't any clear starting date for the Qash project because it is one of several projects ran by Quoine.

      Qash reuses code and experience built up when creating Quoinex and Qryptos. Quoinex was launched in early 2014 and Qryptos in 2017.

    • Is the organization regularly reporting progress on the social media streams (facebook, Tweeter, Reddit, Medium, Telegram, Slack)?

      The organization reports on its big milestones and tries to keep everyone up to date with significant progress.

    • One must note that this is not an open source project, so smaller improvements or issues can be kept quiet.

    • What were the achieved milestones?

      Much of the foundations necessary for the Liquid Qash project have already been laid when building Quoinex and Qryptos: the tech, the legal, the marketing, the team, and the list goes on.

      Here is an overview:

      Q1 2015 (and later) - Trading tools: UI and backend for various types of trades
      Q2 2015 - Quoinex mobile app
      Q1 2017 - New High Performance Data Infrastructure
      Q2 2017 - New High Performance Multi-Market Matching Engine (5M+ transaction/sec)
      Q2 2017 - Global Smart Order Routing & Cross-Currency Matching Engine
      Q3 2017 - Quoinex Japan Registered with the Japan FSA license no. 00002
      Q4 2017 - Qash
      Q1 2018 - World Book Beta (not out yet, pending end March 2018)

    • What is the state of the project?

      There is no working product yet, the official launch is planned for Q2 2018.

    • What is the roadmap for the future?

      Highlights for 2018

      Q1 2018: World Book beta version launch
      Q1 2018: Direct Market Access beta version launch
      Q2 2018: Liquid Qash official launch
      Q3 2018: Direct Market Access 1.0 stable version launch
      Q4 2018: Prime Brokerage launch

    • Is the project on track or ahead of its roadmap?

      Yes, the project is on track of its roadmap.

    • Is there a public Trello board (or such) showing the progress?

      No, there does not seem to be any public board showing the progress of the project.

    • Is the project already profitable?

      Quoine is already a profitable company.

    • Does the project already have clients?

      Yes, Quoine already has thousands of clients on its two exchanges, Qryptos and Quoinex and processes over 12 billion USD annually.

    • See the official roadmap below

    quoine, quoinex, qryptos & qash market size

    • What is the size of the targeted market?

      Quoine aims to create “the exchange for exchanges”, so the target is the whole crypto market which worth around 700 billion USD as of now (mid Jan 2018).

    • How does the project current market cap compare to some of its competitors?

      The B2BX roadmap
      does not indicate which milestones have been achieved and which are forthcoming.

    • How much demand is there for the project, short & long term?

      There is a huge demand for this project both in the short and long-term. The market is fragmented and needs a platform to aggregate exchanges and increase liquidity.

    • Does/did the project get discussed in the relevant communities more than usual before launch?

      No, not particularly - which is why I think and feel it's very under-marketed and low-key at the moment, at least until 2Q2018 where they slate to market Qash openly.

    qash token utilization/use

    • Do token holders have any influence over the project (i.e. right to vote, built-in governance, project decision-making)?

      Of course not.

    • Do token holders have get any dividends?

      No (though I wish to...)

    • Do token holders get access to any extra functionality?

      Good news, yes.

      Crypto lending

      “Token holders may lend their Crypto Tokens for a fee at QRYPTOS. Doing so adds liquidity to the Token market, by providing the necessary inventory for liquidity providers who trade on margin."

      This increases the overall liquidity of the specific Token.

      Token liquidation service

      "Using the LIQUID Platform, World Book and sophisticated automated order types, [token] holders can liquidate large positions without disrupting the market for the Crypto Token—and without having to engage third party services.”

    • Does the token have any special utility?

      Token holders can use QASH to pay for services on the Quoine platform and receive a 5% discount for using QASH tokens.

      Legal

    • Has there been appropriate consideration of legal matters?

      Quoine is legally compliant and regulated in Japan.

      Quoinex Japan Registered with the Japan FSA license no. 00002 in September 2017.


      It is one of the first exchanges in the world to be fully regulated at the country-level -- bringing security, reliability, compliance, and governance to its products and services.

    • Special: Is the Japanese license valid for all projects running under Quoine or just for Quoinex?

      From my understanding, the Japan FSA license applies moreso to Quoinex (the fiat to cryptocurrency exchange arm that Quoine has).

    • Does the project have a identifiable legal representation?

      Quoine employs a Chief Compliance Officer.

    • Has the company provided an analysis of legal issues presented?

      Yes, they address the risks of money laundering and terrorism financing in their white paper and note the compliance and security measures they have put in place to counteract those potential threats.

      Ken Mazzio is Quoine’s Chief Compliance Officer. Ken works with an independent internal auditor, as well as a Big 4 accounting firm as an external auditor. (C.f. section “6.5 Compliance and Security” of the white paper)

      Quoine claims to have developed a “culture of compliance” indicating that they take legal and security matters seriously.

    • Is there a significant legal risk to token holders or other actors?

      No.

    qash's pre-ico funding approach

    • How was the project funded until the ICO (or token launch)?

      Project was funded by Quoine.

    • Why does the project need funding at the moment of the ICO?

      To further develop the platform.

    • How are the funds raised during the ICO distributed?

      50% liquidity
      20% product development
      15% operation
      15% legal/regulation
    • What incentive do the founders and team have to stick around after they have made a lot of money on the ICO (vesting)?

      Being an entrepreneur myself, I think there is more than likely for them to stay and build it to its full maturity and fruition. Unless something drastic happens in real life (happens).

      But if I'm one of Quoine's founders, what my take would be is that Quoine has a lot in store for it in future, and my curiousity and promise to Qash speculators and Quoine investors is to deliver all the way, and overdeliver too.

    qash ico information

    • Was/is there an ICO?

      Yes

      The ICO only ran for 3 days (6-8 Nov 2017) because it reached the hard cap.

      The sale raised the equivalent of 105 million USD and was one of the most successful blockchain fintech ICOs globally.


      ICO participants got “a haircut” to allow more investors in

    • Did this ICO have other goals than raising funds for the project?

      Not that we can tell.

    • Was there any people from specific countries not allowed to participate?

      Yes, if they are restricted from ICOs in their jurisdiction.

      According to Quoine’s white paper, “We comply with all applicable laws and regulations of the jurisdictions in which we operate. We also use world class tools...to manage our AML compliance and “Know Your Customer” obligations, perform sanctions screening (UN, OFAC, EU, etc.), and help identify Politically Exposed Persons (PEPs).”

    • Was there any KYC/AML check?

      Yes

    • When was the ICO (start & end date)?

      The ICO only ran for 2 days (6-8 Nov 2017) because it reached the hard cap.The original plan was to run this ICO for 1 month.

    • What was the min cap?

      Approx. 10.5 million USD50 million Qash tokens

    • What was the hard cap?

      Approx. 105 million USD400 million Qash token: 80% of the 500 million Qash tokens generated were distributed to the ICO participants

    • What was the hard cap of similar projects?

      The Quoine's Qash ICO had a very high hard cap, about 3 times higher than its competitors.

      B2Bx had a hard cap of approx. 30 million USD

      Request Network had a hard cap of approx 32 million USD

    • Which digital assets could be used to participate?

      BTC or ETH

    • Which fiat currencies could be used to participate?

      None

    • How many tokens got/will-get generated during this token launch?

      500 million Qash tokens got generated

      TBC: how many got distributed

    • Will there be more tokens created after the token launch?

      No

    • What is the token distribution date?

      The token got distributed straight after the ICO ended

    • When did/will the tokens get tradable (listed on exchanges)?

      TBC: a few days after the ICO ended

    • Was there a pre-ICO?

      There wasn’t any pre-ICO

      However, there was a special discount (some sort of pre-ICO) planned for the early participants.But the ICO ran for only 3 days (instead of 30) so everyone got a discount… which means no discount for anyone.

    • How much money was raised during the pre-ICO?

      No pre-ICO.

    • When was the pre-ICO (start & end dates)?

      No pre-ICO.

    • Was there a private sale?

      Yes. Quoine has a number of angel investors.[a]

    • How much money was raised during the private sale?

      Unknown

    • When was the private sale (start & end dates)?

      Unknown

    • How much money was raised in total (private sale + pre-ICO + ICO)?

      Unknown as we don't know how much the angel investors injected.

    • What was the approximate price for each token during the ICO?

      Amount raised was approx. 105 million USD

    • Total of Qash tokens created was 400 million

      1 Qash = approx. 105 / 400 = approx. 0.26 USD

    • What is the token allocation?

      400 million Qash token: 80% of the 500 million Qash tokens generated were distributed to the ICO participants
    • Was there any referral program for the ICO?

      Yes, there was a referral program for the ICO.

    • Was there any bounty campaign for the ICO?

      Yes, there was a bounty campaign for the ICO.

    quoine online activities and presence

    • How which chat platform are the team members most active?

      Quoine Telegram (I'm most active here too)

    • How many people are on their Facebook group (in total, for the english speaking ones, there can be several groups)?

      Qash Facebook group: 921 members https://www.facebook.com/groups/1871020506452050/

      Quoine Facebook page: 14024K likes https://www.facebook.com/pg/QUOINE.SG

    • How many followers do they have on Twitter?

      https://twitter.com/quoine_SG

      16500 Followers as of March 2018

    • How many subscribers do they have on Reddit?

      https://www.reddit.com/r/LiquidQASH

      2858 readers as of March 2018

    • How many followers do they have on Medium?

      https://medium.com/@QUOINE


      331 followers as of early March 2018

    • How many people are on their Telegram group?

      https://t.me/QUOINE

      13700+ members as of March 2018.

    • How many people are on their Slack channel?

      Slack channel is no longer active.

    • Is there much Youtube videos covering the project?

      There are over 121 YouTube videos discussing the Liquid Qash project

      Quoine has a YouTube channel with 1288+ subscribers.

      https://www.youtube.com/channel/UCOR2GJnFoOgTazC5v6mBTSA/

    • What is the maximum number of views these YouTube videos get?

      There are 2 very popular Youtube vids:

      QUOINE: Providing LIQUIDITY to the Non-Liquid Crypto Economy
      (387000+ views)

      Introducing LIQUID By QUOINE, A Global Liquidity
      (234000+ views)

    • Overall, is there a strong and well maintained social media presence?

      Overall, Quoine’s social media presence is well-maintained.

      Marketing Reach & Efforts

    • Much mainstream media coverage?

      There is not much mainstream coverage, but as of March 2018, there is increased efforts to communicate and market Quoine, Qash and Liquid+ with a lot more budget, funding and efforts.

    • Much niche media coverage?

      Yes, there is a decent amount of niche coverage by cryptocurrency only outlets.

    • Much buzz on social medias?

      There is not a lot of buzz; in fact, most reviewers like to mention that it “flies under the radar” even though they agree it has a bright future.

      TBC: The Liquid Qash project might have a lot more buzz in the Asian region (Japan especially)

    • Any recognizable partners such as governments, companies, institutions or influencers?

      Yes, Quoine is the only exchange to be approved by the Japan Financial Services Agency.

      Quoine advisors and investors are very successful Japanese businessmen that have relevant experience in worldwide banking, payments, forex, etc.

      Investors include billionaire Taizo Son, chairman of GungHo and brother of Masayoshi Son, Japans' richest man.


      Quoine has partnered first with Bitfinex to list Qash on its exchange.

    • Any recognisable advisors?

      Yes, the project has a number of high-level advisors.

      Masaaki Tanaka -- former board of director at Morgan Stanley and advisor to Japan Financial Services Agency

      Atsushi Taira -- former SVP at SoftBank Group Corp. and former CMO of Yahoo! Japan

      Shozo Isaka -- Investment Group Leader at JAFCO Co., Ltd.

    • Any recognisable investors?

      SBI Investments, Jafco, B Dash Ventures

    quoine general marketing

    • Is branding taken seriously?

      Yes, branding is taken seriously and works together across all platforms.

    • Is this project more marketed than usual (given the type of project, market cap & what competitors are doing)?

      No, this project seems to fly under the radar.

    • Is there a clear and well defined marketing plan?

      This is expected - considering the organisation behind the project - although not communicated since a "proprietary style" ran project.

    • Is/are the project lead(s) regularly active on social media, publishing articles, being interviewed (videos & podcasts) & giving talks?

      Overall, the leads of the project are very active: getting interviewed, attending conferences, attending AMAs on reddit, participating in the Telegram chat group and so on.

    • Is the team mostly communicating about business (partnerships, exchanges...) or technical topics?

      Mike's AMA covers business and technical and support aspects: World Book progress, Qash to move towards having their own blockchain (DLT), support, hires, more coins/tokens onboarding at Qryptos, etc.

      Right now, we're all waiting for World Book Beta updates and launch.

    • Is there much help available to get new users up to speed (wiki, articles, YouTube...)?

      There isn’t much 3rd party coverage in English regarding how to use Qryptos or Quoinex, the two existing products of Quoine. So we can expect the same for Liquid Qash.

      However, the Quoine team does publish a lot of help for their projects (FAQ, tutorials, articles…) and provide good support (email, Telegram…) so it does compensate.

    • Have marketing bounties been established to incentivise the advertising of the project?

      Yes, there was a bounty program for the ICO.

    Code quality & transparency

    • Is the code publicly available (i.e. on github)?

      No - code/tech is proprietory.

    • Was the code audited by 3rd party companies/organisations? if yes, was the audit published publicly?

      One of the Big 4 firms is auditing the code (C.f. section “6.5 Compliance and Security” of the white paper)

      TBC: But there isn't any public publication of the audit

    • Is there any history of hacking?

      Not as far as I know.

    • Is there any history of big bugs?

      N/A. Qash is in beta stage at this moment - not fully live yet

    • Is there any strategy in place to avoid hacks or similar issues?

      N/A. Qash is in beta stage at this moment - not fully live yet

    • Has a bug bounty been established to incentivise the discovery of exploits and bugs?

      N/A. Qash is in beta stage at this moment - not fully live yet

    • Is the company/organisation regularly reporting progress on the social media streams (facebook, Tweeter, Reddit, Medium, Telegram, Slack)?

      Yes, Quoine is active on social medias and making sure everyone knows their progress

    quoine crypto technology

    • Is this project a fork of another project?

      No, but Qash is using some element of Quoinex and Qryptos

    • How clear is the white paper?

      The white paper is very clear and easy to read.

    • Is the white paper surprisingly short or long (i.e. 3 pages)?

      The white paper is actually extremely meaty and long: 73 pages. Many of the pages, however, contain graphics instead of full text (which is easy on my eyes, but the content was good - see below next point)

    • In the white paper, has the concept been fully thought through and described?

      Yes

    • Is the white paper clear on the technical implementation?

      Yes, it is clear on technical implementation including diagrams.

    • What type of DLT is this (blockchain, DAG...)?

      It is an exchange, Qash token is ERC-20 compliant.

    • Is there any privacy/anonymity feature (ring signature, zk-SNARKs...)?

      No

    • What is the consensus used (PoW, PoS, else?)?

      N/A

    • What is the cryptographic algorithm (maturity & strength (quantum proof?) of hash)?

      N/A

    • What is the block time?

      N/A

    • What is the block size?

      N/A

    • Is there a prototype or proof of concept?

      Unknown

    • Is there a test network/project?

      Unknown

    • Is there a live network/project?

      No.The Liquid Qash go-live is planned in Q2 2018.

    • Is the live version in alpha or beta?

      It will be beta first (World Book Beta), but Qash is already up since Q4 2017.

    • What programming language is it written into?

      Unknown

    • What license is the code written under?

      Proprietary/internal/private.

    • How many transactions per sec can it process, in theory?

      N/A

    • How many transactions per sec can it process, in reality (right now)?

      N/A

    • How long does a transaction take to process (from the moment one sends to the moment one receives), in reality?

      N/A

    • How is the transaction fee calculated?

      N/A

    • Can the project easily scale to millions of users?

      “[Liquid Quash] Order Management System (OMS) and Matching Engine (ME) provide 24 unparalleled banking-level performance capable of processing millions of orders per second.

      Our OMS provides a professional-grade FIX API, with both common and advanced order types and execution algorithms.”

    • Is there any history of network congestion?

      N/A

    • Can the project easily run for decades (scale over decades)?

      Unknown

    • Is there any technical issue related to mining?

      N/A

    • Is there any sensitive part of the tech that is not complete?

      Unknown

    • Does the technology have any unique feature?

      Unknown

    qash token storage

    • Is this an ERC20 token?

      Yes

    • Any hardware wallet supporting this crypto (Ledger, Trezor, Keepkey)?

      ERC20 tokens are supported on Ledger, Trezor and Keepkey

    • Any regulated exchange listing this crypto?

      Yes. Quoinex, Qryptos and quite a list of them - Full list of available exchanges for the Qash token on CoinMarketCap

    • Any web wallet?

      Any web wallet supporting ERC20 token

    • Any desktop wallet?

      Any desktop wallet supporting ERC20 token

    • Any mobile wallet?

      Any mobile wallet supporting ERC20 token

    • Any paper wallet?

      Any paper wallet supporting ERC20 token

    Sources

    Where to next?

    A) Take a look at my Books and buy whichever interests you (thank you for your support, I appreciate you!) =)

    B) Tools & Resources I use to improve my life

    1. Christianity: Bible Gateway & Verse of the day (free)
    2. Website + Hosting for Small / service business: Solo Build It
    3. Health: 
      a. Men's Daily Pack Multivitamins
      b. Gut Health, Digestion & Probiotics Daily Supplement
      c. VigRX Plus (Bigger, harder & long-lasting erections
      d. Bigger Cumshots & Load (Better visual & orgasms too) 
      e. Brita Everyday Elite Water Filter Pitcher / Jug

    C) Topics & things that interest me

    1. Eternal life and salvation: Jesus Christ the Way, the Truth & the Life
    2. Fix Your Health: Get healthier, live longer, run faster, more energy, fuck more
    3. Passive Income Lifestyle: Build financial security by buying & building assets that provides you recurring passive income.
    4. Loving Relationships: Attract, build, grow & maintain relationships you love
    5. Leadership & Fatherhood: Leading by example, communication & consistency.
    6. Philanthropy: Giving to projects & people you care about.
    7. Active Philosophy: Conscious, Purposeful Faith, Hope & Love
    8. Productivity & Effectiveness: Doing what matters most with less and ease.
    9. Insure yourself and your loved ones (Health insurance is important)
    10. Add-on Adventures: Become rich and wealthy
    11. Add-on Adventures: Build businesses that adds positive value to your society and life
    12. Success Principles

    D) Visit the Blog for latest articles and updates

    E) Back to Homepage

    Take action TODAY: One year from today, you'll be one year older. What would you have done by then?


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