QuickX Protocol
About
QuickX is an innovative decentralized platform that is intended to provide effective solutions to some of the critical problems with blockchain technology such as time, cost, scalability and cross transfer of blockchain assets while making cryptocurrencies suitable for mass adoption in day-to-day transactions and provide solutions to enterprises.
QuickX features a multicurrency wallet, a multicurrency debit card, a cryptocurrency swap option, and a payment gateway using QuickX Protocol, which make cryptocurrencies suitable for the masses for non-virtual world transactions.
Solutions
QuickX is an innovative decentralized platform designed to deliver effective solutions to several important issues with blockchain technology, such as:
#. Time and speed,
#. Transaction costs (Commission),
#. Scalability
The platform also includes a multi-currency wallet, debit card, and payment gateway. Thanks to the various elements available through the QuickX Protocol, users will be able to perform transactions that replace their traditional banking system. In addition, the platform is a new and stronger approach to transactions that are hard to find users elsewhere.
There are many benefits associated with QuickX. This is the main advantage of this platform:
Time and speed
One of the key advantages of this platform is its primary goal - to provide users at higher speeds and significantly reduce transaction time. As the brand explains, a transaction here can take a few seconds for users to complete their task and continue their day without worrying about the process.
Transaction fees
This platform allows users to conduct their transactions for a very low price. There is no middleman here, which, as a rule, raises costs. Here users can make their transactions without having to damage the Bank. In addition, because the transaction is fast, users certainly also benefit from it (time is money).
Scalability
This platform also provides high-level scalability. This quality allows users to perform the transactions they need without limiting the limits that can affect their success. When the project team explains, scalability is a common problem and the platform aims to solve it quite well.
Advantages
QuickX can be easily used for C2C, B2C, and B2B transactions. For example, QuickX allows customers to use cryptocurrency to make online or offline purchases as well as other electronic payment methods.
#. Decrease user cost: The lowest cost option is selected by default for users by algorithm. Transaction costs are expected to decrease over time as more facilitators incorporate QuickX. It is possible that in the near future, the cost is almost zero.
#. Instant transactions: Transactions are made instantaneously regardless of amount, regardless of whether they are cross-chains
#. Multi-cryptocurrency: Users can hold a compatible blockchain QRP asset and can convert it to another cryptocurrency at any time.
#. Investment opportunities: Distributing facilitators can be obtained by investing in QuickX. In addition, large-scale investors can lend money to the analyst team and make a lot of money; cryptocurrency managers can work on behalf of other unification facilitators and benefit. The pooling facilitator is paid for each transaction and the operational cost is close to zero. QuickX is committed to providing equal opportunities to the participants.
QCX TOKEN
QCX tokens collected in liquidity reserves will be burned and withdrawn from circulation. Thus, the total QCX token delivery will be reduced, which will increase the remaining QCX token fees. The exact number of dividends will be determined later.
Token Name: QCX;
Soft-cap: 4,000 ETH;
Hard cap: 29.123 ETH;
Price for token: 1 ETH = 7500 QCX, bonus system is provided
The date from the main stage of the sale will be announced later. There is currently a personal pre-sale, which will continue until June 15th.
ROADMAP
2016 Q3 Started research in blockchain
2017 Q1 Planning of Business Module and Resource Team Allocation
2017 Q3 Patent Filed for the Technology (QuickX)
2017 Q4 Raised $1.2 Million from Investors to work on QuickX Protoco
2018 Q2 MVP Launch (Decentralized Multi Currency Wallet- Android Version)
2018 Q3 Token Sale (Launch of Fully Functional Multi Currency WalletAndroid Version)
2018 Q4
QuickX Platform Testnet Launch (Internal)
Launch of Multicurrency Wallet (iOS version)
Launch of Multi currency Crypto Debit Card
2019
Q1
Security Testing and Auditing of QuickX Platform Testnet Public Launch on Testnet
Q2
Launch of V.1.0 on Mainnet with Public Liquidity reserve and Platform will be open for Pooling Facilitators to infuse Liquidity
Addition of More Cryptocurrencies in Wallet and enhance User Experience
Q3
QuickX SDK and tools available for different wallets to implement and use features of QuickX protocol
Partnership with more card providers in different countries to increase user base
Q4
Instant Cryptocurrency Swap using QuickX Protocol
Market Expansion and bringing more Blockchains to QuickX
Platform
Multicurrency wallet (Android version); extensive study of the QuickX protocol; Crypto Debit Card that supports multiple currencies; multicurrency wallet (iOS version).
2019
Compile the QuickX protocol; adding more crypto currency in the wallet; launched Alpha Version of the QuickX Protocol; Test the alpha version of the QuickX protocol; QuickX protocol - fully functional and operational;
2020
Exchange currency using QuickX protocol; More integration of payment methods using QuikX Protocol; 2021: market expansion and more of the appeal of Blockchain into one.
Conclusion
QuickX connects the isolated blockchains with a means for cross-chain communication,providing a solution to a long-felt need for the crypto world. Additionally, QuickX makes cryptocurrencies suitable for the masses when it comes to day-to-day transactions. Along with features such as multicurrency wallet, debit card, swap, and payment gateway, QuickX is expected to go viral by vastly changing the financial markets and payment platforms – not unlike how communication was forever changed after the introduction of the internet
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