• Banking
  • Payment

Quantocoin 2.25/5 (1) - blockchain banking platform

Quantocoin has developed a next-generation model for the future of financial services and digital banking. This model uses Blockchain technology along with smartphones, as well as a new kind of bio-identification system which will be used to ensure safe and secure accounts for each user. This is a project to develop the future of the crypto-financial world. Its primary goal is to integrate and connect QTC into the traditional financial world and to create a single gateway through QTC platform for users, traders, investors and financial institutions with a whole range of add-on services. QTC has several functions such as; to buy, pay and to sell services and items online, exchange with...

Token sale ends in:

2.3
Hype3.0
Security2.0
Team2.0
Vision2.0
  • Token: QTCt
  • Price: 1 QTCt = 1.2 USD
  • PreICO start: 1 Dec 2017
  • PreICO end: 28 Feb 2018
  • ICO start: 1 Jul 2018
  • ICO end: 30 Apr 2019
  • Country: United Kingdom
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Quantocoin has developed a next-generation model for the future of financial services and digital banking. This model uses Blockchain technology along with smartphones, as well as a new kind of bio-identification system which will be used to ensure safe and secure accounts for each user. This is a project to develop the future of the crypto-financial world. Its primary goal is to integrate and connect QTC into the traditional financial world and to create a single gateway through QTC platform for users, traders, investors and financial institutions with a whole range of add-on services.

QTC has several functions such as; to buy, pay and to sell services and items online, exchange with FIAT currency, and allow investments. You can also use the option of international transfers (remittances) along with lending (microfinance), loyalty programs, etc. All these services are connected to the one point; QTC platform, making them more secure and transparent than currently existing cryptocurrency platforms. The problem with many of these blockchain offerings is that they offer individualized or complementary services, but not the entire package. We aim to provide the unique feature of free anonymous transfers, while still being able to maintain transparency of both; the company and project itself.

We plan to extend this project to every part of the world, especially to less developed and unbanked regions. We aim to provide extreme speed, reliability, and efficiency at a low-cost to let those that have no access to bank services use the QTC platform alongside a mobile application to help make their lives more comfortable and to contribute to the expansion of the digital banking. This is a very lucrative industry having more than 2.0 billion people who live in regions that provide them with limited or no access to bank services, while others cannot access these services due to lack of identification documents or high fees for the bank account and strict restrictions. We, therefore, consider this part of the population along with others, our potential clients.

QTC could potentially bring people out of poverty, as it will give them access to financial and banking tools. These tools will provide them with immediate liquidity and currency functionality better than the traditional banking system. We will bring these services to the unbanked regions which will allow the people to invest, buy, pay and sell items and services. We believe QTC will be vital to improving the economy of these regions.

Team

Alex Brex

Founder & CEO

Pablo Dana

Co-Founder & CEO

Lenka

Graphics, UI/UX

Rhutie

Business development - Philippines

Milestones

  • FEB 2016
    Lite white papers, legal structure and framework, establishment of partnership, secure technical partnership
  • 2016
    Business plan strategy direction, project plan elaboration, licensing and company chain establishment
  • Q1 2017
    Marketing plan, recruitment of talents, platform planning and development road plan
  • Q2 2017
    IP and TM registration, regulatory framework, compliance execution plan, white papers
  • Q3 2017
    Advisory board establish, partnerships with banks and liquidity providers, community development, ambassadors introduction
  • DEC 2017
    ICO
  • Q4 2017
    Security audit, UI/UX development, applying for listing on the major cryptocurrency exchanges, launch new markets
  • Q1 2018
    Submission for QTC listing on the major cryptocurrency exchanges, launch new markets (Asia, middle east, Africa), testing platform
  • Q2 2018
    First app version tests, wallet development and tests, applying for EMI, PI authorisation at FCA
  • Q3 2018
    DTO start, app launch, merchant app development, lending protocol testing
  • Q4 2018
    Remittances start, wallet full functionality, first qtcBeacon, the authorisation for activity from FCA, submission of documents to obtain a banking license
  • Q1-Q2 2019
    Merchants network expansion, hybrid application testing, lending protocol implementation, robo-advisors, DTO end
  • Q3 2019
    Obtaining banking license, integration with the swift system
  • Q4 2019
    Hybrid application implementation, full merchant functionality, own exchange facilities established

Token

  • Platform: Waves
  • Price: 1 QTCt = 1.2 USD
  • Accepting: BTC, ETH, WAVES, USD, EUR
  • Token distribution: 71.3% - Distributional Token Offering 18.5% - Initial Coin Offering 8.5% - Team 1.3% - Advisors 0.5% - Reserve
  • Hard cap: 70,000,000 QTCt

Proof Points
2/5

Legal entity

Registered Address: London, England

https://beta.companieshouse.gov.uk/company/09992090

Prehistory of project

There are no prehistory information found for the period before ICO was planned

Product or its MVP

App launch is planned for Q3 2018 but still no MVP were found

Blockchain experience

Blockchain experience was not found by team members. No advisors were found.

Escrow

No escrow information were found

Comments

Update: 30.09.2018

Media

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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