Announcing QUOINE’s ICO - The QASH Token Sale

On November 6th, 2017, QUOINE will launch its QASH Token Sale at 00:00:01 (Singapore time/ UTC +8 hours), an event that is expected by thousands of the company’s long term users and investors.

At QUOINE, our mission is to become the largest financial institution in the crypto / blockchain world and to make positive social impact. As part of this mission, we are creating LIQUID, a financial utility that will bring together the global network of cryptocurrency exchanges to provide liquidity for the illiquid crypto economy. Along with this is the launch of own ICO (Initial Coin Offering / Token Sale). Registration for the ICO / Token Sale begins today on our website: https://liquid.plus

The launch of the QASH ICO will make QUOINE the first regulated exchange in the world to do a Token Sale.

On October 2nd, on QUOINE’s ICO telegram group, Mike Kayamori, founder and CEO of QUOINE came out and answered a burning question from the QUOINE community: “Why raise $150million?” Mike shared a few great insights with us from our Telegram channel, which we have reproduced here:

“First, we are solving a real and serious problem that is providing liquidity to non-liquid token market. There are over 1000 crypto tokens in the world and it will double within the next year. Almost all tokens (excluding BTC/ETH) are illiquid. We are using half of the proceeds to provide liquidity to these tokens as well. So when you look at our whitepaper, it shows that half will go to providing liquidity as a market maker and liquidity provider. The remaining portion goes to product development, operations, legal, etc.”When you look at traditional finance, large financial institutions such as GS, ML, Citi, Morgan who provide liquidity: they actually provide liquidity in the tens of billions of dollars. From that perspective, we should actually raise more.”

And here is the call for community action from Mike and the QUOINE team.

“As you know, we are solving a big problem. We can’t do this ourselves, or else we have to raise billions of dollars. That is why we built the LIQUID platform. This way we welcome all investors (retail, institutions, hedge funds, family offices, etc.) so that they can provide liquidity as well. We want the crypto token economy to go mainstream. Our LIQUID platform which aggregates all major exchanges in the world to one single trading platform, combined with the prime brokerage service, will allow everyone in the crypto space to benefit and contribute to LIQUIDITY.”

Our core product technology (Matching engine, Smart Order Routing, Real time currency conversion engine) is already used in our existing trading platform QUOINEX and QRYPTOS. We have zero product development risk. Also, we are solving a fundamental problem, which is lack of liquidity. So we are at a very different stage from other ICOs that still have significant product development risk. Coming from the Venture capital world, 90% of startups fail. We have already gone past that stage.

“One direction is to go down the dark path. When I want to send crypto tokens, even if I don’t disclose my physical name, the public will know how much I am sending. In the real world, I don’t need to show anyone how much I am sending and to whom. This should be private. The other direction is to go white and bright. We at QUOINE are going this route to work with global regulation, to work with existing financial industries, and to make crypto tokens mainstream so that everyone can use them.

That is why our crypto - fiat exchange QUOINEX is the first regulated and licensed exchange in Japan. Regulation is happening everywhere and we are embracing it because our mission is to make crypto token mainstream.”

On the future of QASH:

“I believe our QASH Token will be top 3 in global crypto market cap within a couple of years at the latest. I want everyone who shares this vision to join our journey.. It is going to be amazing. You should see our management team and our directors and angel investors. The only way to assemble such a team and supporters is because we all share in the same mission.”At QUOINE, we believe the future of finance is distributed. Democratization of finance has begun. The power is in everyone’s hands. Be part of the QUOINE revolution and join our communities on Telegram and Slack today at: Telegram and Slack

ABOUT THE COMPANY

QUOINE is a leading global fintech company that provides trading, exchange, and next generation financial services powered by blockchain technology. With offices in Japan, Singapore and Vietnam, QUOINE combines a strong network of local partners with extensive team experience in banking and financial products to deliver best in class financial services for its customers. More information is available at www.quoine.com

In 2014, QUOINE launched Quoine Exchange, now known as QUOINEX, which became one of the largest bitcoin exchanges in the world by transaction volume. QUOINE offers powerful trading features, a sophisticated user dashboard, and secure regulatory compliance to individual and corporate customers. QUOINEX provides trading services for bitcoin and fiat currency pairs in Japanese yen, US dollar, Euro, HK dollar, Indonesian rupiah, Singapore dollar, Philippine peso, Indian rupee, Australian dollar, and Chinese Renminbi. QUOINEX has exceeded USD12 billion in transactions in the past two years. In September 2017, QUOINE Corporation became the first global cryptocurrency exchange to be officially licensed by the Japan FSA. More information can be found at www.quoinex.com

In June 2017, QUOINE launched a fully digital cryptocurrency exchange and trading platform called QRYPTOS, exclusively for cryptocurrency trading in desktop version at www.qryptos.com.

In October 2017, QUOINE became the first licensed global cryptocurrency exchange in Japan to launch a global Initial Coin Offering (ICO), also known as the QASH Token Sale. QUOINE Corporation was officially licensed by the Japan FSA on 29th September 2017. QUOINE launched its QASH Token Sale website at https://liquid.plus on 1 October 2017, to fund the growth of the QUOINE LIQUID platform. More information can be found at:

QASH Token Sale Website (and registration): https://liquid.plus
Whitepaper download: https://liquid.plus/quoine-liquid_v1.6.pdf
QUOINE ICO Brand Reel:

QUOINE LIQUID Reel:

Telegram: https://t.me/QUOINE