Bitquence Token Sale is now live

in #cryptocurrency8 years ago (edited)

Hello!

Bitquence token sale is live! In the following paragraphs, I bring to you everything summed up, so that you can have an overview about hte project and the BQX token sale. If you are interested enough, then go to step two: reading the white paper. Then, there is the third step: due diligence and finally the last step: Participate! So let's start with the basics!

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What is Bitquence

Let's be honest: different crypto currencies require different knowledge on how to handle those tokens. The whole concept may sound easy, but managing different wallets is extremely difficult for ordinary people. There are so many private keys to handle, and one can easily lose funds because he or she may lose the keys to the wallet.

Bitquence is meant to be just like a general wallet. It will make it easier to purchase and transfer coins. It will allow the average individual to participate in the crypto currency world and diversificate his or her wealth into a basket of different tokens.

Mission

Bitquence’s Mission is to make the daunting cryptocurrency market accessible to everybody, accelerating adoption of blockchain technology and democratizing ownership of cryptocurrencies.

The team claims to believe in the philosophical mission established by Satoshi Nakamoto. By creating a secure layer that is accessible to the average person, the intent is to put the power in the hands of the people.

Where can I find more information about the project?

All the information is accessible at https://www.bitquence.com/.

Where can I find the white paper?

The white paper can be found at http://www.bitquence.com/wp-content/uploads/2017/05/BitquenceWhitePaper.pdf

Who is the team behind Bitquence?

The Founder - Shingo Lavine

Mr. Shingo Lavine is an experienced investor in Bitcoin and altcoins and the ins and outs of the world of crypto currency. Shingo is a computer science and finance student at Brown University. Previously, Shingo was the co-founder of Jobs University, an online school with more than 20,000 students.

Who else?

The complete list is available at: https://www.bitquence.com/team/

Token Sale

Let's start analyzing the token sale structure.

How much capital will be raised?

There will be a 40,000 ETH soft cap with 150,000 ETH Hard Cap.

The number of tokens sold will represent 30% of the total supply and all pools will be scaled accordingly.

Do I need to buy Ether to participate?

Yes. There are many alternatives. I will write the main ones: you can buy Ether on Poloniex using Bitcoin or on Kraken using fiat money or you can use ShapeShift, which is a cryptocurrency converter.

How much will it cost?

Who buys today (28th of June) is considered an early buyer. There will be discounts for early buyers. The conversion rate is going to slide from 5000 BQX:1 ETH down to 3175 BQX:1 ETH.

Is there an escrow?

Funds will be held in TokenMarket Escrow. There will be a Multi-signature wallet. Management Team tokens will be completely non-transferable upon completion - locked for 3 months through a smart contract function.

Referral

Every contributor will receive a unique referral link and 5% referral fee for all contributions that can be tracked and match with this link.

Where can I find more information about the Token Sale?

https://www.bitquence.com/tokensale/

Remember to do your own due diligence before investing in any token sale. Visit the website https://www.bitquence.com/ and learn more about the project.


jvper - https://bitcointalk.org/index.php?action=profile;u=889769

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Bitquence looks great! How'd you find out about it :D?

I really love the concept of Bitquence. It's something that is seriously needed, and as more people learn about cryptocurrency, having an easy-to-use application to analyze the different coins will make it even more people to participate in cryptocurrency.