Quoine Completes Qash ICO, Announces Partnerships

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Too many announcements lately from Quoine, the company behind Quoinex, whose platform is one of the ways we can buy ethereum in the Philippines.

Oversubscribed ICO

Quoine’s QASH ICO recently concluded with almost 5,000 participants from 98 countries around the world. An equivalent to around $105 million was raised and oversubscribed.

What is Oversubscription iCO?

Oversubscription happens when the demand for the ICO exceeds the number of coins that the company is issuing.

Liquid Platform

Funds raised in this ICO will be used to build Liquid, a cryptocurrency exchange that aims to solve the market’s lack of liquidity at the moment. (Note: If Liquidity is a word foreign to you, please read this).

VEN

Also, Quoine recently announced that VeChain Token (VEN) is now listed on Qryptos, another one of Quoine’s cryptocurrency exchange platform in addition to Quoinex and the upcoming Liquid platform. (Read: QASH ICO Launched to Create a Liquid Cryptocurrency Exchange)

Bounty Program still in effect

Even with the ICO successfully concluded, the QASH bounty program is still available. Details of which can be found here. The bounty program, available until December 1, 2017, contains a list of things you can do to receive free Qash tokens.

Partnerships

Finally, in the last couple of weeks, Quoine is able to secure partnerships with other cryptocurrency exchanges. Among them Binance, Cex.IO, Anxpro, etc. It also announces its cryptocurrency exchange expansion to Canada.

What’s Next?

Up next in Quoine’s plans for Liquid include token listings on Qryptos, the launch of the Liquid World Book (See our article about it here), an official launch of the Qash blockchain, and full banking license. For the company’s full roadmap, check it out here: https://liquid.plus/

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[…] The Security and Exchange Commision (SEC) wants to consider Initial Coin Offerings as possible securities. Many companies around the world do Initial Coin Offerings as a way to earn capital. Most of the time, they issue a coin or token in exchange for money or another more popular coin. For example, cryptocurrency firm Quoine issued QASH tokens in exchange for bitcoin and ethereum. The value of the Qash token you have depends on the amount of Bitcoin you used to acquire it. (Read: Quoine Completes Qash ICO) […]

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A business ad graduate from the Pamantasan ng Lungsod ng Maynila, Mike is the website manager of Bitpinas.com. He is responsible for almost every content you see on the site, from topic/news selection to editing of articles. Mike believes correct information about blockchain and cryptocurrency can empower people to make accurate decisions about the industry, which, in turn, should deter bad actors from taking advantage of crypto & blockchain. [Telegram @mikemislos]