QASH QASH Price

What is QASH (QASH)?

Cryptocurrency investments have surged in popularity, but the persistent liquidity challenges have hindered the industry's growth. Quoine, a global cryptocurrency firm, is addressing this issue with its Liquid platform and native currency, QASH. In this article, we'll delve into how Quoine Liquid works and the role of the QASH token in revolutionizing the cryptocurrency landscape.

Quoine Liquid's Mission:

Quoine Liquid is designed to simplify the process of buying and cashing out cryptocurrency to fiat, providing a solution to the liquidity problems prevalent in the crypto market. Investors often face the complexities of managing multiple exchange accounts, inter-exchange transfers, and navigating various trading pairs. Quoine Liquid aims to dissolve these individual silos by connecting them into a unified pool, ensuring optimal liquidity across the platform.

Key Offerings:

World Book: Quoine Liquid incorporates a World Book, a feature that combines the order books of different exchanges worldwide. This integration eliminates the disparity in liquidity between trading pairs on various exchanges, creating a seamless experience for investors looking to convert fiat to any cryptocurrency and vice versa.

Prime Brokerage: The Prime Brokerage service offered by Quoine Liquid further enhances liquidity by streamlining the trading process. This service enables users to access liquidity across different exchanges through a single platform, simplifying the overall trading experience.

QASH Token:

At the heart of the Quoine Liquid ecosystem is the QASH token, an ERC20 token that serves as the native currency for the platform. QASH is utilized to pay for services on the Liquid platform, and holders can enjoy benefits such as discounts, promotional products, and exclusive ICO investment opportunities facilitated by Quoine. The token's versatility extends to the possibility of other organizations using it for their own purposes, similar to how financial institutions use tokens like Ripple's XRP.

Token Distribution:

The QASH token had a total supply of 1,000,000,000, with 35% distributed to ICO participants. The remaining tokens were allocated to the community/ecosystem (30%), the team and shareholders (20%), and strategic partners and institutional buyers (15%). By Q2 2019, Quoine plans to launch its own blockchain and rebrand QASH as Liquid.

Conclusion:

Quoine's ambitious project, focused on increasing liquidity through its World Book, Prime Brokerage, and QASH token, holds significant promise for the cryptocurrency industry. The team's experience and strategic partnerships position them well for success. As the official blockchain launch and rebranding to Liquid approach, the next few years will be crucial for Quoine. If the team continues to achieve their milestones, Quoine has the potential to reshape the cryptocurrency landscape, providing increased liquidity that benefits currencies, investors, and the entire blockchain industry.

QASH token holders can use it to pay for services on the Liquid platform, enjoy discounts, receive promotional products, and gain access to ICO investment opportunities facilitated by Quoine.

What is unique about QASH (QASH)?

Quoine Liquid addresses cryptocurrency liquidity issues by connecting global exchanges into a unified pool through its World Book and Prime Brokerage offerings, enabling easy fiat-to-crypto transactions and vice versa.

Who are the founders of QASH (QASH)?

The founders of Quoine, the platform behind Quoine Liquid, are Mike Kayamori and Mario Gomez-Lozada.

Who are the backers/investors of QASH (QASH)?

Quoine Liquid received backing from ICO participants, the community/ecosystem (30% allocation), team and shareholders (20%), and strategic partners and institutional buyers (15%).