Platinum Q DAO Engineering explains why whales bet high on Q DAO and BTCNEXT exchange and fixing with stablecoins family USDQ, KRWQ, and JPYQ Platinum Follow Jul 8, 2019 · 5 min read

Haleel Risthisen is an active member of the crypto community who has contributed extensively to emerging blockchain-based solutions. She currently works as a Blockchain Engineer at Platinum Q DAO Engineering, leveraging her skills in cryptography and DLT to help develop USDQ, a fully decentralized stablecoin for easy Bitcoin collateralization.

For the past 3 years, Platinum Company became the biggest Listing Broker in the world: we have listed more than 300 projects on Top Exchanges and supported Market Making for more than 70 projects.

Platinum STO/ICO fundraising dashboard and tokenization platform are now installed to 30+ projects, and it has helped them to raise more $350,000,000

In Platinum Q DAO Engineering we are creating a lot of cool products:

BTCNEXT — most secure, compliance and regulated exchange, built by traders for traders;

Decentralized stablecoins KRWQ, USDQ, JPYQ, CNYW (we are second Stablecoins DAO after Maker DAO).

Read this article and start learning about a decentralization wave, currently disrupting stablecoins.

I assume that almost everyone knows that with the development of the cryptocurrency industry, new projects and coins began to appear like mushrooms. But when the market started to sink to alarmingly low levels, investors needed so-called refugee assets, that would protect their funds from constant ups and downs. As a result, they have opted for stablecoins.

It could not but provoke a huge effect that ended up in mass adoption of stablecoins. In particular, it came to the point where tech giants such as Facebook and IBM announced working on the development of their own stablecoins. With the market saturated by a new type of digital asset, the question naturally arises — Which stable coin is legit? And how to identify it? After conducting full research, I came to the following conclusions:

From my perspective and experience, one of the options is to follow the whales or those investors/traders who have a lot of money to trade and can cause massive waves in the price of a cryptocurrency. I understand the obviousness of the fact that spotting a whale early could allow smaller traders to go along for the ride, but still find important to mention it. Mostly because some may forget that this strategy allows not only to profit alongside the whale but also to avoid being crushed by the whale and being left with losses.

If you follow whales’ wallets you will discover transactions to BTCNEXT exchange. Platinum Q DAO Engineering has developed BTCNEXT together with Q DAO ecosystem and Q DAO coins, that just in 10 days gained over 600%.

If you believe that the price is not the unique thing that must be taken into account, what about the value it creates? Good point!

How is the value created in the Q DAO system — and how much can it worth in the long run.

Let me start by saying that Q DAO is a utility token due to the function it plays in the Q DAO ecosystem. Users who hold Q DAO are granted a reward share and have the ability to vote on decisions that affect the network.

Q DAO has value because it gives access to the entire Q DAO ecosystem. Additionally, with increasing adoption of Q DAO and increasing demand for the tokens, its value will be gradually increasing. In order to guarantee a great future for Q DAO token, the token supply is expected to slowly reduce over time through burning mechanisms.

What are the benefits of holding or purchasing Q DAO tokens?

The biggest benefits that person wins from when choosing Q DAO stablecoins are the ability to use them as an investment or saving instrument. To be more precise, Q DAO offers:

A new approach to stablecoins, leveraging predictive capabilities and pro-democracy DAO-styled decision-making

A decentralized mechanism, offering lending capabilities to any person anywhere and anytime

Effective stabilization mechanisms for the system’s stablecoin, USDQ

Incentives for Q DAO holders, rewarding them for productive governance and decision-making

Ability to participate in the management of the Q DAO ecosystem.

Earn passive income. Q DAO has already doubled in price, and it doesn’t plan to stop any time soon. We have the coolest and most powerful team, which makes our product not only competitive but also highly efficient and qualitative.

Enables access to Platinum Engineering Q DAO system/platform, including BTCNEXT Exchange. By holding any of Q DAO stable coins (KRWQ, JPYQ, CNYQ), you will be able to use one of the best cryptocurrency exchanges on the market.

Support Q DAO team of developers. When you buy Q DAO stablecoins, you support people that are working hard on developing something really new and interesting. Without you, there will be no progress.

BTCNEXT exchange

Before I briefly mentioned that Q DAO token holders will gain access to BTCNEXT exchange, but what are the benefits that they can get from it?

BTCNEXT — is a next-generation spot and margin trading platform. The exchange is designed for the beginner and delivered by experts. In order to protect investors’ funds, BTCNEXT developers have implemented more than 300 security measures. In the near future, users will be able to trade over a hundred types of tokens. And, on top of that, traders can connect to an API service, automating lots of their routine operations.

What are you waiting for? Do not hesitate to jump on the “train of opportunities” and become one of the first people to get Q DAO tokens

One more deal breaker update: the first round of Q DAO IEO was held on June 1 and took just 57 minutes! The company distributed 15,000 Q DAO at the price of 1 USD per token. Platinum Q DAO Engineering intends to conduct 9 more rounds; each will start on the first day of every month (June 1, 2019, to March 1, 2020). 30% of Q DAO tokens allocated through IEO will be unlocked while the remaining 70% distributed via OTC desk will be frozen for a certain period of time.

Note that the second round will take place on July 1, 2019. If you can’t wait, there is another way of getting Q DAO tokens. Purchase Q DAO tokens through OTC desk: Platinum Q DAO Engineering will distribute 70% of tokens from 50 000 USD monthly that will be frozen for a certain period. Keep in mind that you can buy only a limited number of tokens — up to USD 1,000 per person.

About Platinum Q DAO Engineering

USDQ is brought by the Platinum Q DAO Engineering team, as a measure to develop a high-endurance stable coin that uses innovative solutions in collateralization, price stabilization mechanisms, and oracles.

Visit the site for latest updates about USDQ, KRWQ, and JPYQ. Join the official English, Japanese or Korean Telegram chat and get regular updates on events and development. You can also join the official Line or official Kakao Talk to ask questions in Japanese and Korean directly to the Platinum Q DAO management team.

# Q DAO diary { dev.day: 394, round: 2, 30 days until ieo#3, Q DAO price: $19.61 }