To say that launching an Initial Coin Offering (ICO) is not a unique occurrence in the crypto world is an understatement. With hundreds upon hundreds of tokens launched this year alone; 2017 is definitely the year of the ICO.
While there are lots of tokens out there, there are always a few phenomenons that really standout. Ethereum was exceptional with 4-digit gains since its ICO. Antshares/NEO is another success story that was as recent as a few months ago. Each of these blockchains had a unique proposition to sell, but now let me tell you about QASH.
QASH is a token that was launched by QUOINE (read as “coin”) as an ICO in November 2017. The token sale has concluded, but that’s not the end of the story. Why? Because if you've picked up or remember how Antshares at USD5 skyrocketed to USD50 as the rebranded NEO… QASH may very well be set for that very trajectory.
Why?!
Unlike many “crypto companies,” QUOINE already has working products. They are not selling a pipe dream, but rather an extension to existing products and a solution that would benefit the entire crypto space in the next year or two.
What are their Products?
You know what, no words can explain the excitement I wish to express. QUOINE is a company founded in 2014, and since then, they have built and are running TWO cryptocurrency exchanges; QUOINEX and QRYPTOS! How many ICOs, tokens… or whatever do you know that actually runs their own exchanges? It’s crazy!
And if you have ever looked a Bloomberg Dashboard or used a professional stock trading dashboard; you’ll see that both QUOINEX and QRYPTOS are PRO TOOLS! And they are made available for crypto traders to use without any additional charges. Just to add… they process USD12 Billion in transactions annually.
As icing on the cake, they are the first cryptocurrency exchange and Bitcoin platform to receive an official license from the Japan FSA (financial services agency). They sure aren’t some two bit a fly-by-night company.
Are we going to talk about QASH yet?
Yes. First things first, earlier to talked about how the QASH ICO has ended. In case you want to jump in before reading the rest of this; QASH is already available on several exchanges. They can be purchased on: QUOINEX (well suited if you wish to buy using fiat currencies), QRYPTOS, GATE.IO and many more to come.
For the prudent investor, below is a full roadmap of what to expect:
They have in their plans to set up their own blockchain and finally even have their own full banking license. Talk about long term dreams! But crypto folk aren’t long term, right? We all want the moon overnight, we want to buy today and see the moon tomorrow. That is totally unrealistic… but even if you are a short-term trader; QASH still have something to offer as a short term investment.
This December, the QUOINE LIQUID World Book launches. This is just one piece of the larger story of how QUOINE and its QASH token hopes to help solve the liquidity problems of crypto markets. Think of it as an order book that connects and aggregates the world’s many liquidity sources across countries and currencies…
Liquidity, that is what QUOINE aims to tackle.
So, imagine a company that has working products a roadmap that isn’t a fluff in the air and another product that launches as soon as December. Good news for the short-term trader? No doubt! A potentially fantastic coin for long term investors? I would say so!
Keep watching QASH.
EASY REFERENCE GLOSSARY:
QUOINE: The fintech company that launched the QASH token.
QUOINEX: A cryptocurrency exchange built and managed by QUOINE
QRYPTOS: Another cryptocurrency exchange built and managed by QUOINE
QASH: The token launched by QUOINE.
(Guest post by: David B)
All views here are David’s only and any excitement expressed here should not be taken as financial advice. In full disclosure, David is invested in QASH.