Dear Qlinkers,

Thank you for your support all the way! It has been a hectic at the same time fruitful five months for Qlink team.

Before I joined Qlink, I never thought I can work in such a dynamic industry and be one of the the early adopters of “deconomy”. Even it has only been five months since our Token Generation Event (TGE), there are lots of changes on the overall sentiment.

Bitcoin price dropping from $20,000 to around $7,000 twice in past five months; The overall market has cooled down, and the abnormal return of participating ICO is not common any more. More and more crypto funds such as VCs and crypto asset management firms, labelled them as professional investors. The consolidation of capital becomes into a play, the opportunity window for individual investors to earn quick bucks has decreased significantly. There were two hallmarks suggesting that world-class institutions is keen to be a part of the game. Circle acquired poloenix and Goldman Sachs to add crypto to its trading desk. I have witnessed lots of my friends working in internet/financial industry quited their jobs and joined crypto-world since I concluded Qlink’s TGE.

Compliance and regulatory environment is challenging as well. Whether crypto shall be categorized as a security becomes a long debate engaging more and more people. How can we avoid crypto fraud and scam? How can we identify and exclude participation of terrorists? What’s the taxation scheme? There isn’t a conclusion from the discussion yet.

What’s Qlink’s strategy turbulent background?

What defines the real growth? What’s the source of value for Qlink and QLC? We believe it’s our community and users, Qlink needs to ensure a long-term growth of our users.

First, focusing on real use cases and technology development

We marked every footprint through medium and kept our history of thinking and growth, if we turned back pages. On January 10th, we released our MVP of WiFi sharing.

After 25 times upgrade, MVP has turned into an elegant dApp — WinQ, which was debuted in Google Store. We hope to release iOS version at this moment.

When searching “dApp” in google play, WinQ ranks as №6.

One of biggest challenges for the blockchain industry at this moment is user-adoption. Lots of projects have amazingly designed and successful use cases, the imaginary workflow and the assumed business scenario, but lack of active users. We are proud to lead the wave of decentralisation and sharing-economy.

At the same time, we re-code our wallet from scratch and plan to open the wallet to any dApp, such as games, ready to support QLC.

Secondly, Except for adopting users, what else Qlink will focus on? We will focus on long-term growth of our technology and public chain of network.

Let me introduce the concept of QLC Chain.

QLC Chain is the next-generation public chain technology designed to form the foundations of an open blockchain-enabled network. The QLC Chain public chain and supporting ecosystem will enable any individual, business or organization to leverage the infrastructure and their mobile network resources to instantly become a service provider or network operator.

In short language, QLC Chain = Blockchain + Network

Why do we think this is significant?

QLC Chain, distributed network, will be the foundational part of distributed internet ecosystem, similar to Ethereum to distributed computing, and IPFS to content storage & search.

By introducing QLC public chain, smart contract and Shannon Consensus, QLC Chain will significantly lower the bar of participating network services and empower any person willing to set up a network service. Everyone can contribute their own resources and work as a node to provide access, transmission, storage, security, collectively constructing a distributed network. QLC Chain is the bridge between providers and users. Providers will be paid directly from service offering and users can settle the payment as flexible as possible. Unused or redundant network can be utilised, unbuilt network can eliminate potential over-construction.

For example, I watched a movie through a “decentralized Youtube”, the movie was searched by the name of movie, and the name is translated into hash ID of the movie, instead of IP address, and direct to the closest nodes stored the movie, the nodes will figure out the best path to transmit the movie. The billing node will keep a record of usage of network, and at the end, the payment in QLC will be directly deducted from my wallet and transferred to the nodes’ wallet.

We are very excited for the path going forward. We strongly believe, the window of opportunity to develop and deploy this public chain remains open, we will prioritize this project over developing new dApp.

Updated Roadmap:

2018 Q1WinQ Dapp with Wifi Sharing launched.

P2P protocol has been integrated in WinQ Dapp.

Launched Wi-Fi billing smart contract within WinQ

VPN marketplace feature launched

2018 Q2

QLC Chain development, testnet internal test

2018 Q3

QLC Chain Testnet goes live

Publish QLC Chain smart contract API

Publish QLC Chain wallet and explorer

2018 Q4

Launch QLC Public Chain

Launch QLC Basestation

Integrate IFPS

Keep it up…!

Here comes the most important question. What’s the specifics of QLC Chain and how would you develop it?

The details will be unveiled soon…. stay tuned with us.