Qcity token ICO

Past ICO

Ended 235 days ago

December 24th 2018

10 months ago Visit Website

February 28th 2019

8 months ago View Whitepaper

Qcity token (QCTN)

Qcity token Overall rating: 0.0 based on 0 reviews
5 1

Qcity is a project that was directly planned by Qnapse, a company specializing in the development of block chain services made up of fin-tech experts such as point & pay, settlement, and security engineers. Within the Q-platform operated as a private block chain, it forms a collaborative community without intermediaries. …

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Qcity is a project that was directly planned by Qnapse, a company specializing in the development of block chain services made up of fin-tech experts such as point & pay, settlement, and security engineers.

Within the Q-platform operated as a private block chain, it forms a collaborative community without intermediaries.

Using smart contracts, it is possible to fund and operate mutual loans between p2p-type merchants and share infrastructure, manpower and materials.

The Q-platform’s member-stores become each node, able to participate directly in the platform operating and making decisions for mutual benefit receiving various services such as joint purchase or contract, and generate profits.

Q-Platform will provide various services that were originally outsourced.

Members will be able to share and find such services within the platform that can be sourced and delivered to the members of Q-city.

Qcity main-net and related services were developed in November 2017. The reliability of the block and network has been reviewed by operating the main-net stably for more than one year.

The development team proposed a new algorithm called Proof of Online (PoO), which added a process of verifying that the block was created online as a precaution against BWA(Block Withholding Attack), a kind of 51% attack.

PoO was registered by the Korean Intellectual Property Office.

Qcity has applied PoS+PoW+PoO the consensus algorithm to compensate for the disadvantages of the single method PoW.

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Qcity token Review

Qcity token Overview

Symbol QCTN
Platform Ethereum
Category Business Services
Price 1 QCTN = 0.045 USD
Total Supply 66000000
Website View
Whitepaper View

Qcity token Additional Info

Elevator Pitch

Implement a business platform using the patented secure hybrid consensus algorithm main net.

Advantages of Participating in the ICO
  • The Qcity team has successfully developed a hybrid algorithm 'SOW' (PoS + PoO + PoW) that focus on powerful security system. The 'SOW algorithm' patent registration was filed on September 21, 2018, and on November 19, 2018, the registration was completed at the Korean Intellectual Property Office
  • The Qcity team has over 20 years of experience in research and development in mobile Wallet technology.
  • ‘The combination of cryptocurrency and business' will not only be a transfer of value, but also a payment method with built-in information sharing between businesses for smoother transactions and interactions
  • the Qcity team is interested in "Social benefits achieved by block-chain technology" and is developing Q-platform for this purpose.
Pre-Sale Bonus

5%

Countries of Origin

South Korea

KYC

No

Soft Cap

300000

Hard Cap

3000000

% Available for Sale

30%

Accepted Coins for Payment

BTC, BCH, ETH, OTHER

Social Media Pages
Fund Allocation
Token Distribution

Qcity token Team

Young Gun You

CEO

Ji-Han Kim

Chief Technology Officer

Young-Eun Kim

Cheif Development Officer

Jung-Yeon Park

System Manager

Seok-Ju Seol

Development Manager

Da-Hye Gil

UX development team

Sang-ho Lee

CMO

Yul-Hee Kim

Director of Operations

Jeong-Ah Lee

PR Team

Hee-Je Cho

Accounting Team

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