QUICKX - Make Instant Transactions For All Your Blockchain Assets

in #ico6 years ago


Greetings to the whole community, I am passionate about the crypto coins and a follower of good projects. In this new publication I would like to present the QUICKX  project. I'm sure you've heard a lot about Blockchain, Bitcoin, Ethereum, Crytocurrencies, ICO ... but QUICKX  blockchain is the coolest, and for more details we're going to the following topics:


If we observe how society has evolved, from tribal societies we have moved to a different social structure in the modern world where people work in a specialized way and can do so in a global environment, from anywhere in the world due to the advent of technology and Internet.


ABOUT QUICKX


QuickX is a novel protocol designed specifically to cure the many fatal flaws that are hindering the mass adoption of Cryptocurrencies today. It performs transactions off the chain for same Blockchain assets and utilizes pooling facilitators who supply liquidity for cross chain transfers of crypto assets. Through this, it accelerates the transaction speed greatly, dissolves the interoperability problem between different Cryptocurrencies, relieves the transaction fees and also solves the issue of scalability.


No more prolonged waiting times; with QuickX, it is now possible for you to make instant transactions for all your Blockchain assets.



How it works – On Chain vs. Off Chain Transactions


Currently, should a user want to transfer cryptocurrency, the user must wait until the transaction is confirmed by the blockchain. This wait time can be anything from minutes to hours, depending on the network load. QuickX overcomes this problem by setting up a decentralized off-chain transaction network, where cryptocurrencies can be instantaneously transferred from one person to another.


In the case of a typical on-chain payment platform, a transaction goes through following steps :


  • The first party (maker) adds an offer
  • Smart contract takes the relevant tokens to into escrow
  • The second party (taker) picks the offer
  • Maker sends requested tokens
  • Taker receives the offered tokens



Advantages for QuickX Users


QuickX can be easily used for C2C, B2C, and B2B transactions. For instance, QuickX enables a customer to use any cryptocurrency to make purchases online or offline just like other electronic payment methods.


  • Lower costs for users: The least cost option is selected by default for users by the algorithm. The transaction costs are expected to reduce over time when more and more pooling facilitators join QuickX. It is possible that in the near future, the costs become almost zero.
  • Instantaneous transactions: Transactions are made instantaneously regardless of the amount, irrespective of whether they are cross-chain.
  • Multi-cryptocurrency: Users can hold any QRP-compatible blockchain asset and can convert it to another cryptocurrency at any time.
  • Investment opportunity: Pooling facilitators can earn by investing in QuickX. In addition, large-scale investors can lend money to the analyst team and earn a profit; cryptocurrency managers can work on behalf of other pooling facilitators and earn a profit. Pooling facilitators are paid for every transaction and operational costs are next to zero. QuickX is committed to providing equal opportunities to participants in the ecosystem.
  • Negligible operating costs: Actual transaction costs are expected to become negligible since transactions are not added to the blockchain under normal circumstances.
  • A global market: QuickX can expand globally without the need of any physical presence. This can open the door to new markets that are not currently touched by traditional systems.
  • Potential for new services: Similar to the internet paving the way for many new business models, QuickX could also be used for innovations by visionary entrepreneurs that could bring unforeseen advantages to communities.
  • Trust and security: Pooling facilitators perform all transactions in a decentralized manner. However, the core infrastructure of QuickX remains blockchain, and the users themselves hold private keys of the crypto assets.
  • Total control: Users have full control over their crypto assets. QuickX features a multicurrency wallet, a multicurrency debit card, a cryptocurrency swap option, and a payment gateway using QuickX protocol, the applicability of which in the real world is discussed below.

System Components and their Applications


Multicurrency Wallet

Multicurrency Debit Card

Cryptocurrency Swap

Payment Gateway


Token Economics


QuickX will issue an Ethereum ERC-20 token in order to raise funds for the development of QuickX platform. The token is to be listed for trading on all major exchanges soon after the Token Sale.


Token supply and distribution


QuickX token (Symbol: QCX) will have a total supply of 500 million tokens distributed as follows:



If you want more information about this project and you want to obtain information about technical specifications and other interesting information, we can only encourage you to read a detailed report with which you can get an idea of the size of the project and its possible expansion and applications. We invite you to visit the WHITEPAPER and get in touch with us through the Telegram group. Do not miss this great opportunity that this great team offers you.


Bonus On Tokens


There will be a bonus for every 25% of tokens. For the first quarter, 25% will be given, and 20%,10%, 5% will be given for the second, third, and fourth quarters respectively. This is shown in the figure below.



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 Mn from Private Investors to work on QuickX Protocol
  • 2018 Q2 MVP Launch (Decentralized Multi Currency Wallet- Android Version)
  • 2018 Q3 Token Sale
  • Launch of Fully Functional Multicurrency Wallet (Android 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
  • 2019 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
  • 2019 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

*2019 Q4

Instant Cryptocurrency Swap using QuickX Protocol

Market Expansion and bringing more Blockchains to QuickX Platform


Join our team and buy your TOKENS QUICKX and enjoy the benefits offered by the most advantageous platform in the market. Do not waste any more time and join our Telegram group so that you can communicate with us and clarify any questions you may have. Do not miss this great opportunity offered by the QUICKX project.



Take advantage of the available bonuses from the early stages of pre-sale. (ICO). Visit our WEBSITE so you can find out more about the benefits of this great project.


To find more relevant details of the Quickx project please you follow some resources for the following references:


WEBSITE: http://www.quickx.io/
WHITEPAPER: https://www.quickx.io/whitepaper/QuickXProtocolv1.7.pdf
FACEBOOK : https://facebook.com/quickxprotocol
TWITTER: https://twitter.com/Quickxprotocol
TELEGRAM: https://t.me/quickxprotocol 

 Bitcointalk username: Infobtc

Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1720639

Myetherwallet: 0x5cB42C674c1971DB7701A845e9A0c6AAe156d597 


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