Press Releases

Platinum Q DAO Engineering: 1st round of Q DAO IEO on BTCNEXT is successfully finished!

A global hi-tech developer Platinum Q DAO Engineerings creating the Q DAO ecosystem excited to announce that the first round of Q DAO IEO on BTCNEXT is successfully finished! The first round was held on June 1 and took just 57 minutes!

The company distributed Q DAO 15,000 at the price of USD 1 per token. Platinum Q DAO Engineering intends to conduct 9 more rounds; each will start on the first day of every month (June 1, 2019 to March 1, 2020). 30% of Q DAO tokens allocated through IEO will be unlocked while the remaining 70% distributed via OTC desk will be frozen for a certain period of time.

While the first option (IEOs) allows the users to buy the tokens at the most attractive price and use them immediately, the other (OTC desk) doesn’t allow the Q DAO holders to sell their tokens at once. Nevertheless, the second option offers the customers to earn good profit (while Q DAO will be unlocked step by step). When comparing Q DAO with MAKER DAO, Q DAO token has the potential to bring more than x100 profit from the start price ($1). Of course, this is not investment advice but take into account that we will work hard to develop the Q DAO ecosystem. There are also plans to expand the list of cryptocurrency exchanges where the customers will be able to acquire Q DAO tokens. The token is now available on Hotbit. Moreover, BTC-Alpha and BTCNEXT will add Q DAO to the trading options in coming days.

The Platinum Q DAO Engineering team is developing a Q DAO ecosystem that includes a wide range of decentralized stablecoins backed by Bitcoin at first. Then the company is going to add other top 10 digital assets. Q DAO is a governance and utility token, which will be used to pay fees when exchanging stablecoins into cryptocurrencies acted as a collateral and to vote on crucial ecosystem-related decisions.

The company has already released the USD-pegged USDQ and the Korean Won-pegged KRWQ. The market participants can buy USDQ on BTCNEXT, BTC-Alpha, and Deex (and on a great number of trading platforms in the future) and apply as usual cryptocurrencies: pay for any goods and services, trade on the exchanges, store, invest, etc. KRWQ tokens are available on Deex. The Q DAO family of stablecoins will be expanded with JPYQ, SGDQ, HKDQ, and CNYQ soon.

“We’re pleased to declare our first round of Q DAO IEO on BTCNEXT successfully completed. Our team would like to thank the community for their participation and support. We’re strongly confident that stablecoins will become the savior of the whole crypto industry and increase interest to virtual money because they’re less volatile and more stable. That’s why people won’t be afraid to have them in their wallets. For this purpose, we’re creating the Q DAO ecosystem, which will expand and develop. With Q DAO, the users will be able to directly manage and improve the ecosystem,” the Platinum Q DAO Engineering team stated.

The second round of the Q DAO IEO will be held on July 1. Platinum Q DAO Engineering will name the exchange one week before the event. Make sure that you won’t miss it and take your own part in the development of the Q DAO ecosystem.

About Q DAO

Q DAO is the internal token of the Q DAO ecosystem that includes a wide range of decentralized stablecoins using algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, the Q DAO ecosystem ensures reliable protection against malicious acts and cyber-attacks. The first run in the line of fiat-pegs, stablecoins are brought by Platinum Q DAO Engineering to edge together innovative solutions in collateralization with the help of stabilizing mechanisms and oracles for high-endurance stablecoins. The company has already listed two stablecoins: USDQ pegged to US dollar and KRWQ pegged to Korean Won. The team is going to launch even more fully backed stablecoins: JPYQ, SGDQ, HKDQ, and CNYQ under the Q DAO brand. Fully anonymous, the Q DAO ecosystem stablecoins limit out of this legacy world.

About Platinum Q DAO Engineering

Platinum Q DAO Engineering is an international full-cycle company that provides IEO/STO listing, advisory, marketing, legal, and tech services. The company helped to raise more than USD 200 million for a great number of projects. Platinum Q DAO Engineering employs over 100 specialists who have extensive experience in marketing and PR, management, consulting, programming, cyber-security, education, legal advisory, and many more. The company’s mission is to make people’s lives better and facilitate economic growth by developing cutting-edge products that provide trustworthy, safe, and seamless access to any virtual assets.

For more information about Platinum Q DAO Engineering, visit their official website.

Visit now Official English Telegram chat or Korean Telegram chat and to learn about the latest development hacks.

Dive in Official Kakao Talk  to ask questions in Korean directly to Platinum Q Dao management team.

# Q DAO diary { dev.day: 375, round: 1, 20 days until ieo#2, Q DAO price: $1.99 }


# BTCNEXT diary { dev.day: 267, daily volume ~$12500k, 25 coins listed, IEO count “3”, BNX price $n/a }

This is a paid-for submitted press release. EWN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. EWN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

About author

Adrian is a cryptocurrency trader and writer since 2014. He follows closely coins such as Bitcoin, Ethereum and NEO to little known ICOs, constantly analyzing crypto markets in order to stay informed. Email Adrian directly at adrian@ethereumworldnews.com
Sign up for our Newsletter