BQT1
BQT - SOCIAL P2P CRYPTO EXCHANGE AND TRADING PLATFORM
While many Blockchain experts are trying to find more
ways to marry CRYPTO with FIAT, BQT Team believes in reducing dependency on
FIAT altogether. Every Crypto Asset has its value and can be used as
negotiating tool to acquire another Crypto Asset. We believe that Demand for
desired acquisition of Crypto Assets can be fulfilled with significant Supply
of various Crypto asset holdings and negotiated directly by trader peers. In
addition, we believe market now demands for ability to hedge crypto assets for
a short period of time to acquire other Crypto holdings. While it is difficult
to implement margin trades and options in the true P2P environment, BQT Team
developed innovative and yet more powerful tool to allow traders generate short
term Hedge Trades.
The cryptocurrency market is evolving, and its market
capitalization was estimated to US$268.23 billion on March 31st, 2018. Since
the introduction of Bitcoin in January 2009, thousands of cryptocurrencies have
existed at some point and today, there are hundreds of cryptocurrencies with a
market value that are being traded. Still, Bitcoin is the undoubtful leader
representing approx. 45% of the total market capitalization. Blockchain
technology is conquering the world and it completely transforms the way many
markets operate. It is estimated that blockchain companies could experience a
revenue pool of $6 billion by 2020 and $20 billion by 2030. The aim of BQT is
to build a community and culture of Crypto Traders utilizing the Platform,
helping the community and benefiting from the community.
While global cryptocurrency trading volume is
dominated by four reserve currencies, trading in at least 40 other national
currencies is supported the exchange market is dominated by a handful of
exchanges that are responsible for the majority of global bitcoin trading
volumes, of which the lion share is denominated in a small number of
international currencies. In contrast, the majority of exchanges (mostly small)
specialize in local markets by supporting local currencies: 53% of all
exchanges support national currencies other than the five reserve currencies.
Trading volumes at most small exchanges are insignificant compared to the
market leaders, but these exchanges service local markets and make
cryptocurrencies more available in many countries. Small Exchanges are
specializing mostly in one trading activity while most Large Exchanges active
with multiple exchange features.
Just in recent weeks of March 2018, Localbitcoins and
other P2P exchanges trading volume has witnessed volume spikes across
miscellaneous markets, with global volume bouncing to $75 million USD weekly.
The Canadian and European P2P markets both produced record volumes. BTC/IDR
(Indonesian Rupiah) trades produced record volume of $580 million IDR weekly in
March on Localbitcoins, while Vietnamese P2P trading produced its second
highest volume ever with increase in trading to $3.725 billion VND.
Localbitcoins trade between bitcoin and the Mexican Peso also surged, with
record volume $10.6 million MXN being recorded for the week of the 3rd of
March. Venezuela’s P2P bitcoin markets have continued to surge during 2018
setting new volume records of over 1 trillion VEF weekly. Similar trend is
shown across the globe.
BQT Team believes in reducing dependency on FIAT
altogether. Every Crypto Asset has its value and can be used as negotiating
tool to acquire another Crypto Asset. We believe that Demand for desired
acquisition of Crypto Assets can be fulfilled with significant Supply of
various Crypto asset holdings and negotiated directly by trader peers. In
addition, we believe market now demands for ability to hedge crypto assets for
a short period of time to acquire other Crypto holdings. While it is difficult
to implement margin trades and options in the true P2P environment, BQT Team
developed innovative and yet more powerful tool to allow traders generate short
term Hedge Trades.
The aim of BQT is to build a community and culture of
Crypto Traders utilizing the Platform, helping the community and benefiting
from the community. BQT Exchange Platform provides secure, interactive and
flexible P2P Trading Environment and user-friendly interface for its community
to manage various types of transactions consisting of many crypto assets. BQT
platform allows traders globally to negotiate their Crypto Asset trades
directly interacting with each other and sharing their experience with the community.
To leverage holdings of various Crypto Assets, BQT introducing the
revolutionary Hedge Trades system. Unlike Margins and Futures Trading, BQT
Hedge Trade system is a flexible method for Traders of acquiring Crypto Assets
for a short-term period by means of escrow of their existing Crypto holdings.
Escrow is securely stored with BQT as escrow agent, so
user C can feel secure about his Trade Collateral. But at the end of the Hedge
Trade, Trader A might benefit greatly due to significant increase in value of
either one of the Crypto Currency (BTC or ETH) and choose to return one that
makes most benefits for him. For example, if ETH price doubled to $1000/ETH,
Trader A may just choose to release BTC Escrow with Premium to Trader C, while
retaining $20,000 ETH Holding and making significant upside profit. In other
words, while Hedge Provider gains secure premium Day One of the Hedge Trade –
Hedge Receiver is betting on upside increase of value leveraged from either
Crypto Asset.
It is important to note that just as Hedge Receivers
placing their Collateral offers on BQT P2P Exchange, Hedge Providers may also
place initial Trade offers inviting Hedge Receivers to participate on their
terms. For example, Hedge Provider Trader E could place an offer to provide 100
XRP to any Hedge Receiver who is willing to place a Hedge Collateral of ETH of
the same value with 20% premium and would receive various counter-offers from
many Traders (Hedge Receivers).
BQT P2P Platform utilizes secure and decentralized
benefits of the Blockchain delivering flexible functionality for Traders
world-wide. Every module and database is programmed using various methods of
encryption and ensures confidentiality and protection for Traders. 2FA
configuration is a required setting for every Trader Profile.
BQT is launching its Initial Coin Offering (ICO)
campaign in July, 2018 issuing 200,000,000 ERC20 tokens (BQTX), minted at the
end of an ICO. BQT would charge 1% transaction fee for the instant trades and
3% escrow fee for Hedge Trades. All fees are payable ONLY with BQTX tokens to
ensure the liquidity and utilization for the tokens. In addition, the BQTX
tokens can be used as escrow collateral for some trades or added as additional
collateral. 50% of the Fees would be shared quarterly during the first 3 years
of Exchange operations as 20% to ICO Initial Token Holders, 15% to Top Traders,
15% to Referral Affiliate Partners. 200,000,000 BQTX TOKENS WILL BE ISSUED
DURING ICO * 800 BQTX TOKENS = 1 ETH. Total 800,000,000 Tokens Authorized,
200,000,000 Tokens Issued during ICO, 600,000,000 tokens will be frozen and
would only be released as needed for company expansion, marketing and loyalty
programs to maintain token liquidity (up to 10% per year).
ICO/Token
Details
Token:
BQATX
Platform:
Ethereum
Type:
Price
in ERC20 ICO : 1
BQT = 0.00125 ETH
Bonus
Pre-ICO Wanted 40%
Token (ICO)
Less than 10
MM Token 30%
10mm 20mm
tokens 25%
20mm-30mm
tokens 20%
30mm-40mm
tokens 15%
40mm-
50mm tokens
10% 50mm + tokens 5%
croixesel
bonus time of time (ICO)
5 days
5%
6- 10 days
4%
11-20 days
3%
21-30 days
2%
30+ days
1%
volume bonus
(pre-ICO and ICO)
1,000-5000
tokens 5%
5,001-10,000
tokens 7,5%
10,001-15,000
tokens 10%
15,001-20,000
tokens 12,5%
20,001+
tokens 15%
tokens for
sale: 115,000,000
https://vimeo.com/280874044
BQT P2P
platform Trader globally traders worldwide blockchain uses secure and
decentralized benefits of distributed flexible functionality.
For more information :
Website : https://bqt.io/
Whitepaper : https://bqt.io/assets/pdf/whitepaper.pdf
Twitter : https://twitter.com/bqt_ico
Telegram : https://t.me/BQTCommunity
Author
:
Cut3nggan
0x920B18b9596A996788f8E805B51FC21769543C43
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