A message from Mike (December 1st, 2017)
Dear QUOINERs,
Happy Friday!!
I would like to take time every Friday to update our community on what happened that week (unless I am traveling)
First, it has been 10 days since our QASH token was listed on QUOINEX and QRYPTOS. QASH was also listed on Bitfinex, Houbi, EXX, and others recently.
When I step back and reflect, we did our public token sale early November, and then having it listed within the same month on all these credible exchanges. This is an amazing achievement.
The price of QASH has experienced a high of USD1.6 and is around USD1 as I write this message. As I said multiple times, I can not predict nor will I even try to predict the price of QASH token in the short term. The market is always irrational. But the long term perspective of our QASH token is as bright as ever.
We have some amazing partnerships regarding our core exchange platform and are expanding our team to work on our LIQUID and QASH blockchain.
Second, I would like to answer a few questions brought up by our community
When will QASH be listed on exchanges such as Binance, Bithumb?
We are not in a hurry to expand to other exchanges. As with the Bitfinex case, we respect our partner exchanges to list QASH when they are ready. All the groundwork is set and it is up to them.
We have been experiencing multiple issues with the QRYPTOS and QUOINEX platform…Such as orders not showing, order book empty, lagging, unable to receive confirmation email and etc..
We are looking into and fixing all issues as we were adding and pushing too many features too fast. This can take anywhere from 1–3 months but the initial performance issue has been under control. We just need to make our core platform much stronger.
QUOINE support used to be one of the best … however recently there is lagging in getting our ticket replied…
We are working diligently to increase support levels in all areas. We are also looking to extend support hours. I can not give you an exact timeline on this but this will be a gradual improvement. (You just can’t hire 20+ customer support and be available immediately)
When is Coin Market Cap updated?
We have provided all the information and they are validating. We hope this does not take too much time.
Why is there an address with over 800+ QASH and who are the holders of the other 2 huge sums.
The largest is our own wallet address. This includes the 650M QASH that is still not in circulation as well as the tokens that our customers hold in our exchange. The other 2 huge sums are our other exchange partners.
LIQUID Beta is to be confirmed this month?
LIQUID Beta will be available Q1 of 2018. We are tailoring all the core technology (matching engine, SOR, currency conversion engine, etc.). Before the LIQUID Beta, we will launch version 1 of our QRYPTOS Self Service ICO Platform. Receiving huge requests for this. also, as I explained in Q2, we are fixing all the performance issues in parallel and strengthening our foundation.
Finally, a couple of announcements
When you send your funds to the wrong deposit addresses (ex: send ETH to QASH address), it will be lost. So please please reconfirm and double check before you deposit.
I am thinking of a live AMA (FB Live) next Tuesday or Wednesday from our Japan office. Looking forward to updating you.
Once again, thank you for your support and have a wonderful weekend.
Mike Kayamori