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#Blockchain, #Finance All projects

QuickX: Quickest Cross Blockchain Transactions

Protocol designed specifically to cure the many fatal flaws that plague blockchain and cryptocurrencies today

stage Ended crowdsale

4.2 Rating

by 1 users


    KPLs

    • Employees10

    Team

    10

    KSHITIJ ADHLAKHA

    Founder and COO

    VAIBHAV ADHLAKHA

    Founder and CEO

    NIKITA RUZHEVSKY

    Blockchain Developer

    VIV THAPAR

    Growth Hacker

    SACHIN RANA

    Digital Marketing Head

    TOM CHEUNG

    China Community Manager

    ILLIA HORODETSKYI

    Community Manager

    SUNNY UKEACHU

    Africa Community Manager

    SUKI CHENDRAWAN

    Business Head South East Asia

    ANDRII SYLIUK

    Bounty Manager


    Advisors

    10

    JOHN DALLI

    Former Finance Minister (Malta)

    GEORGE KIMIONIS

    CEO of Coinomi

    JORGE SEBASTIAO CTO

    Ecosystem at Huawei Technologies

    OZ SULTAN

    Head of Crypto Products at CG Blockchain, Board Member of Homeland Security Foundation of America

    YAROSLAV BELKIN

    CMO NEWSBTC , Former Head of Marketing at CoinTelegraph

    STEVE TSAO

    Angel Investor , CEO - WGG.com, President Gigamedia (listed in NASDAQ)

    MOURAD REDJAH

    CEO Smart Chain Technology

    JEREMY WADE

    Founding Director of Jindal centre for Social Innovation

    ADNAN JAVED

    Mentor at RMIT University for Developing Blockchain Strategy

    JOEL EMERY CFA

    Founding Partner Tareo Capital Management LP



    Crowdsale details

    Distribution of tokens
    • Crowdsale (50%)
    • Liquidity Reserve (15%)
    • Founders & Team (13%)
    • Strategic Partnerships (10%)
    • Advisors (5%)
    • Private Investor Sales (5%)
    • Bounty (2%)
    Budget allocation
    • Protocol research and product development ($45)
    • Market expansion and customers acquisition ($25)
    • Operational Expenses ($18)
    • Miscellaneous Expenses ($7)
    • Legal Compliance ($5)
    Details Indicators
    Token Symbol QCX
    Full Token Name QCX Token
    Crowdsale Start July 1st, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or July 31st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, 29 ETH
    Crowdsale Soft Cap Yes, 4 ETH
    Token type utility token
    Domain owner Individual

    Cost of the token

    7500 tokens for 1 eth

    Price without discounts

    Accepted currency

    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    1
    Elish Jah June 15, 2018
    Rating of project
    4.2

    Advantages

    Diversified Team with local managers. Established Partnerships. Easy-to-read, comprehensive White Paper. There is also a Technical White Paper as well as a Summary One Pager. There is a Balance in Token allocation. Reasonable Bonuses for early supporters.

    Risks and disadvantages

    Team members do not have descriptions, what is their background? No Press Coverage. No MVP. High Competition.

    Comments

    Well, according to project's BTT the card is already in the testing phase and so far which is a big plus! But it requires some time for the Team to prove their ICO will enter the market.


    FAQ

    Frequently Asked Questions

    What is QuickX about?

    QuickX is a novel protocol designed specifically to cure the many fatal flaws that plague Blockchain and Cryptocurrencies today. It performs transactions off the chain for same Blockchain assets and utilizes pooling facilitators who supply liquidity for cross chain transfers of crypto assets. Through this, it accelerates the transaction speed greatly, dissolves the interoperability problem between different Cryptocurrencies, relieves the transaction fees and also solves the issue of scalability.

    Who is behind QuickX team?

    QuickX is a product of the parent company Secugenius, which is a renowned cyber-security company. that provides effective and reliable information security services. They have received numerous honourable mentions across various media channels and have been bestowed with many prestigious awards, which includes award for innovation by Vice President of India, also secugenious was listed in top five cyber security and top five cyber forensic companies, in 2015 and 2016 respectively.

    Do you have a white paper?

    Yes,
    we do have a whitepaper and you can find it at
    Whitepaper :- https://www.quickx.io/whitepaper/QuickXProtocolv1.7.pdf
    Technical whitepaper :- https://www.quickx.io/whitepaper/quickx-technical-paper.pdf

    How QuickX is enabling instant and cross-platform transactions?

    QuickX overcomes this problem by setting up a decentralized off-chain transaction network where cryptocurrencies can be instantly transmitted from one person to another. Transaction facilitators maintain the off chain order book and charge a next to zero fees for maintaining the records. Pooling facilitators infuse the necessary liquidity into the ecosystem while facilitating the crosschain instant fund transfers, which makes the backbone of the Quick X’s interoperability

    Do you have any partnerships?

    Yes, currently we have partnerships with PayX & CoinBridge from South Korea, Smart chain , Goldiam , Showhand and Centareum from Singapore. Also, our Outreach Partner is Global Blockchain Foundation.

    Where is your company registered?

    Our company is registered in MALTA.

    What is QCX?

    QCX is the ticker of QuickX Protocol token

    How many QCX tokens will be available during the token sale?

    In token sale, 250 Million tokens will be made available for sale out of a total supply of 500 MIllion i.e 50%

    Is there any minimum or maximum limit for crowdfunding in token sale?

    Yes, the minimum limit for crowdfunding is 0.1 ETH and the maximum limit is 200 ETH.

    How can we buy QCX?

    You can buy QCX token in token sale which will be announced soon on the website www.QuickX.io

    What will be the price of QCX?

    The price of QCX token will be set at 0.0001333 ETH i.e 7500 QCX tokens in exchange of 1 ETH.

    What all cryptocurrencies can I use to buy QCX?

    We will be accepting Ethereum only for token sale.

    What will happen with QCX token that will be unsold?

    The unsold tokens will be burned after the token sale.

    Can I buy QCX tokens from an exchange?

    Yes, after the Token sale, you can certainly buy QCX tokens from the exchanges where it will be listed soon after.

    Is there any bounty program?

    Yes, There is a bounty program for which 2 % tokens of total tokens will be dedicated.

    How the tokens will be distributed?

    Tokens are distributed in the following way :-
    Token Sale: 50%

    Liquidity Reserve: 15%

    Founders & Team: 13%

    Strategic Partnerships: 10%

    Advisors: 5%

    Private Sale: 5%

    Bounty: 2%

    When will the tokens be distributed?

    Tokens will be distributed in the wallets of the investors as soon as they send the ethereum.

    How will the QuickX use the funds which will be raised in token sale?

    The fund which will be raised by QuickX will be used in following manner:
    Protocol Research & Product Development: 45 % of the funds
    Market Expansion & Customers Acquisition: 25 % of the funds
    Operational Expenses: 18 % of the total funds.
    Miscellaneous Expenses: 7% of the funds
    Legal Compliance: around 5% of the total funds raised.

    Is there any vesting period for tokens? If so, then how will the tokens be released? Yes, the vesting period for tokens is 1.5 years,

    Founders' tokens will be under vesting in the smart contract for 18 months (20% will be released after 3 months of Token sale completion, 20% after 6 months ,another 20% will be released after 9 months, another 20% will be released after 12 months and finally another 20% will be released after 18 months).

    - Advisors tokens will be vested for 1 year (20% will be released after a token sale, 20% will be released after 3 months of Token sale completion, 20% after 6 months, 20% will be released after 9 months, 20% after 12 months).

    Which countries are not authorized to participate in token sale?

    We will not accept any kind of investment from USA to participate in token sale.

    How QuickX differs from its competitors?

    We have done a competitive analysis along the parameters of transaction speed, security, control over operation, interpropability, operational scalability and transaction costs with our major competitors which are 0x, Kyber network, Shapeshift and other centralized exchanges.

    What is your soft cap and hard Cap?

    The soft cap is 4,000 ETH and Public sale hardcap is 29,123 ETH .

    What are the possible utilities of QCX tokens?

    QCX is a utility token can be used as the fuel for every transaction done using QuickX platform whether it is transaction of same blockchain assets using off chain or cross chain transactions using pooling facilitators who facilitate the cross chain transactions. All transactions that take place on the QuickX platform need QCX to be paid as transaction facilitation fees.


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