Token Lock-Up: why it should become a standard. Look at Q DAO token by Platinum Q DAO Engineering, developer of BTCNEXT exchange and USDQ, KRWQ, JPYQ stablecoins

Different token offerings currently can be named as the most popular way to raise money for small startups, no matter how it’s called, ICO, IEO, or either STO. At the same time, there’s no way to restrict any fraudulent group from selling their own tokens by launching a crowdfunding campaign. So, the task of telling the good ones apart from the bad ones lies on the shoulders of investors themselves. However, it’s not impossible to distinguish fraudulent token offerings, because there are some certain signs, so-called “red flags”, that the project founders may disappear after the successful fundraising. One of these flags is the lack of a lock-up period after the fundraising. So why is it that important?

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Is Your Stablecoin Being Disrupted Too?

USDQ is a stablecoin, developed by the Platinum technical team. Similar to MakerDAO, it engages two tokens. The first one is USDQ, which is a peg to USD, and the second one is Governance Minable Token, acting as an internal management token, used to pay fees, vote on decisions and mine. Users can purchase USDQ via two methods – buying it on secondary markets from other users, just like any other token, or purchasing it directly from the issuer on its website. In the second case, a BTC collateral is used which ratio is determined based on current market conditions.

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USDQ operating token is on the way

A new stablecoin USDQ will enter the crypto arena as early as April. This operating token is developed by Platinum, the recognized leader in consulting, promotion, and fundraising. The fundamental advantages of USDQ will be its decentralization and transparency. The coin is designed to provide traders and merchants with more options in the market that is notable for its high volatility.

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USDQ Stablecoin: Brave New Coin Releases OnePager

USDQ, a new stablecoin on the market, has just release its OnePager, apparently set to take strong positions among competing projects. The underlying tech solutions will be developed by Platinum, an experienced blockchain team, boasting strong talent pool in development, UI and marketing across crypto/blockchain niches.

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New stablecoin USDQ will be presented in the first half of April

One of the largest listing service providers Platinum intends to launch a new stablecoin USDQ in the first half of April. USDQ will be decentralized, self-regulating, and backed by Bitcoin. This feature will allow the market participants to trade and make payments in popular cryptos without needing to be concerned about volatility.

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Platinum to develop a decentralized USD-equivalent Bitcoin backed stable coin

Platinum company LTD announced the developing of USDQ coin, a one of its kind decentralized stable asset. The USDQ token is fully backed and correctable by bitcoin aiming it to match 1:1 with the U.S. dollar. USDQ has been designed as an Ethereum token written according to the ERC-20 protocol, now anyone with an Ethereum wallet will be able to send and receive USDQ tokens. Though Platinum is developing the currency, there is no central authority in charge of issuing the coin.

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