Bitquence (BQX) In search of massive adoption: Explained in a nutshell

cultura.bitcoin (61)in #cryptocurrencies • 7 years ago

Hello, Steemians!

I am happy to greet you

and I take the opportunity as well, to share with you a blockchain project that is very promising, under the light of the following analysis.

IMPORTANT:

I must state that this is not financial advice, so it is not an invitation to make any decisions regarding your personal investments. It is for educational purposes only.

However,

obviously it is advisable to read the white paper so as not to lose any detail, but basically I can give you a quick review of what their webpage has of information to share with us.

Bitquence (BQX) and its mission seek to make the seemingly complicated world of cryptocurrencies accessible to everyone.

How do they plan to achieve it?

BQX will offer a wide range of services within the Blockchain economy, with which they hope to lay the foundations for a new paradigm in the democratization of cryptos. They will use tools that are built and based of technology, design and social intelligence in order to be a bridge for the participation of everybody in them.

These tools include:

1.) Universal Wallet.

BQX will offer a unique and revolutionary service of very attractive dyes for the average user. A universal wallet in which you can safely store all your cryptos, associated with any blockchain, from Bitcoin (BTC), to the smaller market cap Altcoins, including Ether (ETH) and all range of Tokens ERC20 out there. 100% available to use/transfer at any time, anywhere.

2.) One click diversification.

Everyone who invests consciously in cryptos and other financial assets, expecting to receive revenue with a greater possibility, diversifies their investment into a portfolio with a variety of assets.

The instant diversification service will allow users to make a diversified purchase of cryptos through a click. What is involved is to set a couple of parameters so that diversification has some type of sense/intention. Keeping the criteria in mind, then cryptos are chosen within a selection of baskets or collections of cryptos. Such collections to be chosen will represent different percentages in the portfolio. The benefit of diversification is very important, since it provides some stability by sharing risks; so while some cryptos can lose, others can gain.

3.) Social intelligence.

The concept of mastermind is not new, but BQX offers the possibility of making a community consensus regarding price and risk behavior in cryptos. Through the process of proof of stake, which implies that a user has a minimum amount of a crypto, then, BQX platform will allow a forecast to be made for a moment given in time. It is necessary to note the difference between a bet, as we all know it, and a forecast or prediction, as conceived in this model, which proposes that it can only be made according to the proof of stake, can not make more than one prediction in such space of time and the reward is designed to drive people to share valuable information to the community, particularly those who are just beginning to explore this crypto dimension. After a purchase, the feedback will be issued to make the community consensus, expressed in a color with a recommendation of the type of: "Buy a little more", "wait", "sell most", "sell everything", etc.

4.) Safe key handling.

The management of cryptoassets has risks that everyone knows, or should. With digital security management and cold storage of values, BQX presents a model to not have to worry about the risks of managing this technology without sacrificing accessibility or portability.

5.) Mobile access platform.

Speaking of portability, access to the wallet, and complete platform services will be available from the phone or any other gadget with internet access. The ability to send to any mobile phone, any email, and any BQX ID makes it even more versatile to use QBX token within the platform.

The problem is presented,

the solution is on its way. Who is trying to bring it to reality? The official working team is 12 people. Includes a variety of very interesting individuals. Among them are characters with long experience in finance and development of companies such as Stephen Corliss, but also youth like the founder and CEO, Shingo Lavine who is very young, seems to be very brilliant guy, and is the visionary behind the entire project.

Today,

the project is under development phase but it must be said that the updates are frequent and they maintain a good close contact with the community through its youtube channel, Facebook fanpage with fresh content, as well as activity in Telegram, from where you can contact directly to the project staff.

Definitely convenient,

as I said before, to visit the homepage (which will be shared at the end of the article), read the white paper, look at the price performance since its ICO release on Jul 17', etc.