QASH: The Next Ethereum or Bitcoin for Financial Services

Hello fellow Steemians! My name is Gabriel and this is my first post in Steemit! I have decided to talk about QASH, a new cryptocurrency regulated by the JFSA bringing big guns to the crypto space. I will be posting my introduction post to the community later this week!

IMPORTANT TERMS
-QASH: ERC-20 Token issued on the Ethereum network by QUOINE.
-QUOINE: Company stablished in Q1 2014 with over 250 years combined experience in Fintech.
-QRYPTOS: Crypto only exchange developed by QUOINE mid-2017.
-QUOINEX: The first crypto-fiat exchange fully regulated by the Japanese Financial Services Agency (Licence No.00002). It has been running since Q2 2014 by QUOINE and yearly transactions add up to 12 billion USD (non ICO funded).
-THE LIQUID PLATFORM: The main idea behind the QASH token, comprised of the world book and prime brokerage services.

PRONUNCIATION
QASH= Cash
QUOINE= Coin
QUOINEX= Coinex
QRYPTOS= you guessed… Cryptos!
Now that we got that out of the way, let’s continue with the key concepts.

What is QASH?
QASH is a utility token in the Ethereum network that will be used to pay for the cost of transactions in QUIONE’s LIQUID platform coming up in 2018. LIQUID platform beta launches in Q1 and the full platform launches in Q2. This platform aims to combine all current cryptocurrency exchange pools into a centralized pool where it aims to provide liquidity (turn to cash) to the non-liquid crypto economy.

WHAT IS THE MAIN CONCEPT OF LIQUID?
A global platform that allows everyone from traders to market makers to buy cryptocurrencies in their preferred fiat (USD, EUR, CAD, etc.) through a multi-market search engine from ONE PLACE that offers the liquidity needed to turn that crypto back into fiat. A financial platform to QASH in, buy and sell cryptocurrencies, and QASH out when needed.

IN DEPTH EXPLANATION
The LIQUID platform is a combination of the world book and prime brokerage services. The world book is a multi-market order book that aggregates the world’s various liquidity sources (USD, EUR, CAD, JPY, CNY, etc.) allowing users to trade in the currency of their choice. Another feature of LIQUID is Prime Brokerage, which offers Direct Market Access (enables traders to submit buy/sell orders directly into the world book). Traditionally, broker-dealers and market makers are exclusively allowed to trade directly with the order book. Traders place orders in the world book and QUOINE’s fully developed Smart Order Routing technology runs your order through all major exchanges and routes it if there is a match. Prime brokerage also provides fiat management through QUOINE’s extensive network of bank relationships across the United States, Europe, Japan, Singapore, etc. Other features to be included in the LIQUID platform include crypto/fiat credit facility, and trading tools that facilitate liquidity.

TALKING NUMBERS
Since the ICO ended on November 8th ($106m USD raised in 3 days), QASH became listed for trade in QRYPTOS on Nov 23 an days later it was listed on Gate.io for trading. Being listed in those two exchanges caused a rally from $0.30 to an all-time high of $1.48 in a matter of days before retracting to about $1 for a few days and correcting around $0.90 at the moment. Further correction is expected to be no lower than $0.80 if market trends sustain. That was a impressive rally for only being trading in two exchanges. QUOINE announced they partnered with fourteen out of fifteen major exchanges. On November 31st, it listed for trading in Bitfinex , EXX, and Huobi. I believe that QASH is a true cryptocurrency 2.0 that comes to serve one of the most challenging issues in the cryptoverse, LIQUIDITY. As more exchanges list it for trading and Western investors, hedge funds, and others financial institutions QASH into the liquid platform it will appreciate in value.
The market cap it’s not up to date at the moment but current price, trading volume, and other information can be seen here https://coinmarketcap.com/currencies/qash/#markets. but it can be calculated by multiplying the price of the token x the circulating supply (350m). Market cap is $322,000,000 ($0.92x350,000,000) and that would make it rank #34 in market cap, right in between Decreed and Vertcoin.

Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.

ADDITIONAL RESOURCES/SOURCES USED IN THIS POST:
https://www.reddit.com/r/QASH/
https://quoine.com/
https://liquid.plus/
More on exchange listings: https://liquid-qash.zendesk.com/hc/en-us/articles/115013595687-Which-exchanges-can-I-trade-QASH-