Complete guide from Platinum Q DAO Engineering and BTCNEXT: How to get Q DAO tokens? Platinum Follow Jul 1, 2019 · 6 min read

Haleel Risthisen is an active member of 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, KRWQ, CNYQ and JPYQ, fully decentralized stablecoins 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 stuff:

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.

As you know, our team is currently developing a Q DAO ecosystem, which is designed to provide users a wide range of new opportunities. The Q DAO ecosystem will include a range of stablecoins pegged to US dollar (USDQ), Korean Won (KRWQ), and other national currencies and backed by Bitcoin (and by other top 10 cryptocurrencies in the near future). Since Q DAO family stablecoins are pegged to solid assets, they can maintain stability and low volatility, which is a very important feature taking into account the extremely volatile cryptocurrency market.

Two first stablecoins of the ecosystem — USDQ and KRWQ — have been released recently. You can use them to pay for any goods and services in any corner of the world, or simply store them without being afraid of the market going down and you losing money. Stablecoins make your transactions fully anonymous, transparent, cheaper, and faster. Incredible, isn’t it? Stablecoins give you freedom in the blockchain world. Would you like to get power? Then Q DAO is your choice. Let’s find out what Q DAO is and which opportunities it offers!

What is Q DAO?

Q DAO is an international governance and utility token that supports the stable level of USDQ and KRWQ (as well as other stablecoins included in the ecosystem) by means of the pledge mechanism that protects coins from volatility. Q DAO can be used in several ways within the ecosystem. Firstly, Q DAO holders will use the token to pay fees when they want to exchange the stablecoins into Bitcoins (or other assets in the future) that are frozen as collateral. Q DAO will immediately burn when the fees are paid. As a result, the prices will grow because the supply will reduce.

Secondly, Q DAO allows users to participate in voting when it is required to solve some issues regarding the system changes, risk management, and business logic of the platform. The ecosystem will expand and evaluate in order to provide users more security options and benefits. That’s why holders should thoroughly assess every proposal to take the right decision to improve and promote the ecosystem. The more popular USDQ, KRWQ, and other Q DAO family stablecoins become, the higher the Q DAO price will grow.

Every Q DAO holder has a right to vote and create a new proposal. The most popular proposal will influence project’s development. Simply, Q DAO holders manage the ecosystem. However, this coin has two sides. When the holders’ decisions fail, they have to bear losses because bad decisions may reduce the Q DAO market value. Q DAO’s price also depends on the market conditions but the token helps family stablecoins remain stable. Sounds great, doesn’t it?! So, keep reading to learn how to receive Q DAO tokens.

How to get Q DAO?

There are two ways to acquire Q DAO tokens: get them via Q Box or buy them.

What is the Q Box?

Q Box is a self-trained neural network that can predict the behavior of exchange rates by analyzing news, schedules, prices, and events taking place in the cryptocurrency market. The neural network develops in the course of decision-making. The training speed depends on the volume of crypto assets pledged by users. The more digital funds are pledged, the faster Q Box develops and the more frequent and precise predictions it makes. Users can install Q Box on all their devices: a smartphone, tablet, laptop, etc. This also hastens the training process.

Other ways to get Q DAO tokens

First of all, you’ll be able to buy Q DAO tokens on the crypto exchanges. To start trading on these platforms, you should register. As a rule, the registration process is quite simple: you should enter just login or email and password. The next step is to deposit money in order to buy the required number of Q DAO tokens.

Our team is going to list Q DAO and stablecoins on a wide range of trading platforms, such as Hotbit, Alterdice, Probit, BTC-Alpha, and many others. Of course, they will be available on BTCNEXT, the exchange developed by Platinum Q DAO Engineering. Like other services, BTCNEXT has a full set of various trading instruments helping you successfully exchange your funds. What does distinguish it among the crypto exchanges represented in the market? This next generation spot and margin trading platform offers 24/7 responsive customer support, security, reliability, transparency, instant depositing & withdrawal, as well as user-friendly APIs. What else would you ask for?

We have created a detailed guide on how to buy and sell cryptos on BTCNEXT. We strongly recommend you to look into it if you have not faced the crypto exchanges before. Moreover, this guide will be extremely useful if you want to participate in the next rounds of our Q DAO IEO on the BTCNEXT. We’ve already distributed 15,000 Q DAO tokens during the first round. There will be 10 rounds in total. The next one will be conducted in July.

Can’t wait until the second IEO round? Then please note that you can buy Q DAO through OTC desk. In this case, the tokens will be locked up according to the schedule published on the platform. When Q DAO tokens are unfrozen, you will be able to freely use them.

About BTCNEXT and Q DAO family stablecoins.

BTCNEXT exchange, the next generation spot and margin-trading platform, has been developed by Platinum Q DAO Engineering, which has also brought USDQ and KRWQ stablecoins to the market, looking to edge together innovative solutions in collateralization. They plan to achieve it by using stabilizing mechanisms and neural networks for high-endurance stablecoins.

There is one aspect of USDQ and KRWQ, which makes them unique, and this fact is that these stablecoins are decentralized. They have Bitcoin as a collateralized cryptocurrency debt backing up the value, instead of a centralized authority holding dollar bills, as in the case of Tether (USDT). Soon there will be even more fully backed stable coins: JPYQ, SGDQ, HKDQ, and CNYQ under Q DAO brand. Fully anonymous, USDQ breaks limits out of this legacy world.

In the near future, users will be able to trade over a hundred types of tokens including Bitcoin, Ethereum, and Litecoin. For more information, visit their website and follow them on Twitter, Instagram, Telegram, Facebook, Medium, and LinkedIn.

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 https://usdq.platinum.fund for latest updates about USDQ (and KRWQ — soon)

Visit now Official Telegram chat to learn about the latest development hacks.

Dive in Official Kakao Talk to ask questions in Korean directly to Platinum Q Dao management team.

# Q DAO diary { dev.day: 371, round: 1, 23 days until ieo#2, Q DAO price: $1.41 }