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?
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.
Platinum is developing the technology behind a new, more efficient stablecoin – the USDQ – that is set to launch in April this year and get all the features within a few months. USDQ is a bitcoin-backed decentralized stablecoin whose value will be pegged against the US dollar at 1:1.
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.
USDQ is different. Pegged to Bitcoin as collateral (and other cryptocurrencies in the future), it improves on the mechanics of other stablecoins, eliminating the need to rely on “legacy” institutions.
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.
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.
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.
Platinum, the leader in blockchain marketing and development is creating the technology for a new and efficient stablecoin – the USDQ. The USDQ is a decentralized stablecoin that is backed by bitcoin. It has been designed in such a way so as to keep its value always pegged at 1 USDQ = 1 USD.
Many companies are using ICO as mainstream to raise funding. It is an emerging way for blockchain startups and existing businesses to sponsor their projects. While some might think that only big companies need ICOs, businesses with a small team can also start ICO to help grow their product and expand their global reach.