"Houston, We Have a Solution:" How QUOINE Aims to Take the 'Ill' Out of Illiquid

in crypto-news •  6 years ago 

QRYPTOS_ICO_Mission_Control.jpg

This article explores how QUOINE, the group behind the QRYPTOS cryptocurrency exchange and QUOINEX crypto-trading platform, plans to spread crypto-liquidity across the globe.

And their upcoming LIQUID platform – which will merge and replace QUOINEX as well as QRYPTOS – will rapidly propel the crypto industry towards mass adoption.

LIQUID aims to become a worldwide crypto order book – aptly named World Book – directly linking liquidity from crypto exchanges all over the planet. We're talking fiat-crypto, crypto-crypto, and fiat-fiat trades in every civilized nation's local currency.

Just take a moment to let the massive scope of that settle in... KA-BOOM!

Now, before we dive deeper, I’d like to share stories about some of my first experiences with ICOs and crypto in general.

They’ll help reinforce why I feel QUOINE’s ICO Mission Control ecosystem can help make our lives easier...

-------------------
TL;DR

~ Lack of liquidity is a BIG problem in the ICO market
~ Q-ICO Mission Control overcomes this issue, and more
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My introduction to crypto came during the Great Bull Run of December 2017, I discovered a wonderland of insanely rapid gains. This was, to my untrained eyes, financial Zion.

Picking up an altcoin, any coin, seemed equivalent to buying a ticket to the moon.

Thunderstruck by FOMO and impatient about Coinbase verifying a new account, I grabbed the first coin I could actually put into a QT wallet.

Granted, I’d researched plenty of solid-looking projects. It was super-frustrating to see their prices jump upwards every day.

I hadn’t yet figured out a way into the party and could only watch from the sidelines. My on-paper portfolio was scrumptious.

My very first actual purchase? An embarrassing shitcoin that somehow tripled in value within a few days.

I immediately considered myself an investment genius.

I’d chosen a coin with no working product, no visible team, no activity on social media, an extravagantly bloated circulating supply, extremely low trade volume – you know, every telltale sign defining a shitcoin – and turned a nice profit.

But in reality, those gains were merely on-screen.

While awaiting a congratulatory phone call from Warren Buffet, I decided to cash out my initial purchase and let the house money ride.

That’s exactly when I discovered how important liquidity is.

My “winning” pick was listed only on a single exchange. And that exchange de-listed the coin several days before I bought it. With a credit card. Directly from the project’s website.

Stuck with a coin I couldn’t sell, my profits evaporated faster than they arose...

You Can’t Miss with ICOs

Or so I thought.

Of course, alts weren’t the only game in town. Finally armed with some ETH and BTC to trade, I wanted a piece of the ICO action.

First, I cooled off my moon-blasters and didn’t let FOMO get to me. I researched several interesting projects before deciding on one and sending some ETH.

Then the waiting game began. Weeks of custom wallet development followed by several months before hitting an obscure exchange that can’t bother with customers from my country.

My initial investment has doubled. But again, frustratingly, there’s no liquidity.

Without the ability to swap tokens or utilize them on a yet-to-be-built platform, they’re just numbers on a screen.

There are so, so many other promising projects that could use my ETH right about now!

The crypto markets move way too fast to wait months and months before tokens are tradeable. Who’s got time for that?

But thankfully, the game is changing. Much-needed liquidity is finally on the way…

QUOINE Provides Buoyancy to the ICO Market

The overall vision of the ICO Mission Control program is to create a win-win scenario for projects and investors.

Here’s a video with QUOINE's CEO, Mike Kayamori, covering the benefits enjoyed by the platform’s first project, VUULR:

When a new project creates a fresh supply of tokens, they’re immediately tradable on the QRYPTOS exchange.

And there, 500,000 potential buyers are lying in wait to find the next exciting tech project.

The ecosystem empowers projects to focus on what’s most important – development and marketing – while providing traders and HODLers instantaneous access to their investment.

Let’s go over a few items token buyers and sellers must deal with during a typical ICO…

Fraud

Project sites get hacked. Unsuspecting noobs send their ETH to scammy addresses, forever lost in the blockchain. Sites get spoofed and investors get phished. It’s ugly out there.

When a project initiates an ICO with QUOINE, they can leverage the security of the QRYPTOS exchange currently fueling the ICO Mission Control system.

Newly-minted ICO tokens are immediately available to exchange on QRYPTOS. Buyers and sellers can both enjoy peace of mind with their funds securely transacting within a safe environment.

I admit being nervous when I sent ETH to my first ICO. Is the address real? Will the transaction go through? Is this just an elaborate scam? Is this project all bark and no bite?

All those questions and fears evaporate when you can purchase ICO tokens directly from an exchange that keeps the majority of funds in cold storage wallets, and thoroughly researches a project before granting access to the ICO Mission Control platform.

Know Your Customer (KYC) & Anti-Money Laundering Regulations

Ugh. Regulation. Just reading (and writing) it evokes unpleasantry. Yet, deep down most of us know it’s an important part of staying protected from the bad seeds out there.

But it certainly complicates the process of buying ICO tokens!

I don’t know about you, but I’ll pass on taking selfies while trying to hold an ID and piece of paper.

Some buyers are so turned off by thick paperwork they’ll just skip complex ICOs altogether.

Through ICO Mission Control, token buyers can verify their credentials only once, then use that same verification to get into any of the ICOs on the platform.

Investors certainly endure hassles but they pale in comparison to what ICO projects have to deal with. One wrong move may result in a visit from a highly suspicious ABC agency. Nobody wants that.

But now, projects can enjoy access to pre-vetted buyers. ICO projects launched on QRYPTOS can sidestep the legal red-tape that tends to hinder progress.

QRYPTOS is the only Japanese exchange regulated by the government. Regular audits ensure everything is above board.

Workflow

Teams trying to get a project off the ground have a boatload of micro-projects to deal with. Resources can be scarce, and people trying to code should be free to code without worrying about raising capital.

ICO Mission Control is an all-in-one solution that gives teams a springboard to conduct their ICO upon.

Rather than spending money and manpower on developing an ICO website, QRYPTOS hosts one for free.

No payment portals to set up. No KYC BS. Real-time analytical data to streamline marketing efforts. All embedded within a major exchange with half a million customers and growing.

And since it’s in QUOINE’s best interest for any ICO launched via Mission Control to realize success, you can bet your last Satoshi they’re going to help with marketing.

Here’s an example of a free ICO landing page hosted by QRYPTOS.

Token buyers can feel confident knowing projects choosing Mission Control as their launchpad can focus on their goals and vision without the distractions of trying to secure funding.

Liquidity

Have I mentioned this topic yet? :-)

As I’ve experienced first-hand, projects can drag their feet when it comes to putting tokens into buyers’ hands.

Tokens borne from ICO Mission Control are available as soon as the token sale ends.

As an investor, this is huge! Not only are tokens quickly ready for trading, they act as a gateway to secondary markets.

Since tokens already reside on an exchange, there’s no waiting for projects to send them to you. And, your tokens won’t get stuck on Crazy Craig’s Cryptorium – they’ll begin their international journey on a trusted, high-liquidity, highly secure exchange.

And the icing on the cake will be the LIQUID platform. Once their World Book opens, the cryptosphere, including the entire ICO market, is bound to elevate.

Launching an ICO on the Mission Control Platform is Like Growing Organic Produce Inside a Grocery Store

All the pieces of the fragmented ICO puzzle fall into place when they’re homegrown within an open market.

As a token issuer, you’re given a safe haven for launching your project. Your team can focus on growth without getting bogged down by financial matters.

And as an investor, you’re given peace of mind. You can be confident in the safety and liquidity of your funds.

You also get offerings that have little chance running off to the sunny beaches of Costa Rica with your funds on a Ledger.

At the moment there's no better platform for ICO projects to utilize. All the stumbling blocks that beset typical launches have been removed.

And for investors, participating in projects originating on QUOINE’s ICO Mission Control platform means never having to ask yourself, “when tokens?”

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