



Over the past week I have been with my colleagues in Vietnam at our new office in Ho Chi Minh City. I have been there along with other members of QUOINE’s senior leadership to take part in a number of important meetings about the business, including, of course, the Liquid platform.

There is a huge amount of work going on at the moment to get the platform and all that comes with it ready for launch. This requires a coordinated effort by all departments. We have many more late nights ahead of us, but we are confident that the effort will be worth it in the end. Our Liquid platform is really taking shape now and I am truly excited to be so close to sharing it with the world.

An integral part of the Liquid platform is the QASH token, or the Liquid token, as it will soon be known. There is no doubt in my mind or the minds of my colleagues that the Liquid is central to the Liquid platform. We know that we have yet to truly reveal the full extent of the utility of the Liquid token, but there’s are a few good reasons for that, one being because much of the utility of the token is directly linked to the build of the platform. We could tell you half a story now about the utility of the Liquid token, but as our engineers build the backend of the platform, we sometimes see different or better ways to implement the utility and make adjustments accordingly.

I’ve been working closely with various stakeholders on Liquid token utility. As one example, we have agreed on the details about Liquid token utility for lending and borrowing, but the functionality just needs to be built into the Liquid platform for when it’s launched. For the purposes of something like trading fees, we have a mechanism for this and it features a central role for the Liquid token, but we don’t want to reveal the full details until the platform and this feature are ready to be rolled out. We can say, however, that this and other utility features will be a hugely positive step for the Liquid token. There is an element of keeping our cards close to our chest at this point, which I know will frustrate our community, but it will be worth that little bit of extra patience.

Aside from token utility, there is a large piece of work going on at the moment to implement exposure controls so we can go full on with the multi-market orders (MMOs). This is essentially an under-the-hood risk control mechanism. I am really excited about the MMOs and how they will bring much tighter spreads and liquidity to our platform. The World Book is a game-changing piece of tech and just one of a suite of products that will draw people to our platform.

Of course there are a lot of challenges along the way. We never said this was going to be easy. But every hurdle in our path is just another obstacle to clear on our way to achieving our target of making Liquid the groundbreaking platform we believe it will be.

One of the challenges we face is the need to improve our entire onboarding experience as well as the post-onboarding experience for our products. When people want to get into crypto, they want easy onboarding and easy access. The process should be simple. You should be able to do it on your phone if you want to. That’s what we’re aiming for. Liquid will be mobile friendly and our forthcoming app is going to be a “must have”.

Ease of use is so important. You shouldn’t have to go through a manual just to buy and sell crypto. It should be intuitive for people to use our exchange. We know the pain points our customers go through and we want you to know that features like quicker withdrawals are coming.

Our commitment to security will always be at the forefront of our products, but this shouldn’t get in the way of the customer experience. The key is to find balance.

We are working hard to ensure Liquid exceeds the expectations of all of our customers.



