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RE: Tradeqwik Customers Buy Nearly 40,000 TQS Since First Dividend Payout
What are the advantages of VIVA CROWNS over TQS? Can you please give me brief @tradeqwik?
I'm still pretty new here and I'm confused
That is a good question, and a great topic for a future article. The short answer is that TQS is an asset that entitles the owner to their part of 20% of all the trading fees collected on Tradeqwik. Tradeqwik is a key component to the VIVAconomy, as it is where people can hold and trade their VIVA. A VIVA Crown is essentially a software license which entitles the owner to run a VIVA mint if they want to. The VIVA mints serve a similar purpose as nodes in other cryptocurrencies and they are also where new VIVAs are made and put into circulation. Crownholders have a vote in determining the supply of VIVA to be minted in a given quarter. Crownholders are often also given assets in other entities of the VIVAconomy. For example, when TQS was issued, all Crownholders were given one TQS per Crown held.
Thanks! Now I understand it better :)
Crowns allow you to print money from nothing, TQS's pay dividends on the exchange's fees, as I understand them.