ICO Project QUUBE Exchange (QRP)
Tokensale Start: 24/10/2019
Tokensale Finish: 31/12/2019
QUUBE Exchange is a project that provides users with a trading ecosystem using quantum technology and Blockchain technology. Users will be able to raise funds using the platform, as well as get advice on the key risks of their enterprise. Traders will gain access to the trading tools necessary for successful trading.
Business Model Overview QUUBE Exchange (QRP)
1. The validity of income
The project will receive income from the provision of listing and the ability to conduct fundraising on the platform, as well as commission fees. The project team expects that in a few years the owners of small and medium-sized businesses will use the platform to securely attract additional investments. The size of the trade fee will be from 0,01% to 0,25% depending on the volume of the transaction, as well as on the status of the client. Also, users will be charged a commission when replenishing a trading account.
2. Number of currencies accepted
The project accepts such liquid currencies as ETH, BTC, LTC, BCH, USDT.
3. Token emission
The project has a limited number of tokens. In total, 250 million QRP tokens will be issued.
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 5%.
In the provided flow chart, the project goals are indicated until 2020 (p. 69 White Paper). After the completion of the token sale, the authors of the project will distribute the funds as follows: 40% - “Project development and research”, 5% - “Marketing”, 30% - “Software development”, 20% - “Hosting for the distribution of quantum keys”, 5% - "Trading terminals."
6. SOFT CAP / HARD CAP Ratio
The project has a poor SOFT CAP / HARD CAP ratio, which negatively affects its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 5 000 000 and $ 87 000 000 respectively.
7. MVP availability
The project has been developed by MVP.
8. Risk assessment and insurance
The form of the tokensale is Security Token Offering (STO), which means providing sequrity tokens with assets, profit and cash flow. In addition, STO complies with investor protection laws and securities regulations. This increases corporate responsibility, reduces the likelihood of unfair behavior in the market and protects the rights of investors, which favorably affects the investment attractiveness of the project.
Criteria of accordance to the international standards of business-planning of UNIDO and EBRD