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Homepage / News November 16, 2017 147 views

PR: Quoine Crypto Exchange Raises 350 Million Qash in Considerably Oversubscribed ICO

PR: Quoine Crypto Exchange Raises 350 Million Qash in Substantially Oversubscribed ICO

Quoine Crypto Exchange Succesful ICO

This is a paid press release, which includes forward hunting statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this item/service. Bitcoin.com is not accountable for or liable for any content, accuracy or top quality within the press release.

TOKYO — QUOINE’s ICO, is also identified as the QASH Token Sale. The QASH Token Sale had four,988 participants from 98 countries about the globe. At the end of the sale, the allocation of 350 million QASH (the equivalent of 350,000 ETH or USD105 million) was oversubscribed, making it one particular of the most profitable blockchain fintech ICOs globally.

Offered the ICO hype, it seems as if any person with a white paper, a good idea and a group of advisors can launch an ICO. Many ICOs are funded at the quite first stage of their life cycles which represents important solution development danger for token holders. As a result, studies show that most ICOs fail. This leads to all round fatigue from hyped-up ICOs that have noticed the value of their tokens depressed post-listing.

The outstanding accomplishment of the QASH Token Sale poses the query of what it would take for a business to win the trust of public investors and hold a successful ICO.

QUOINE’s success in raising 350 million QASH with an oversubscribed placing over 3 days can be attributed to the following variables:

1) The team at QUOINE is comprised of banking and finance veterans from global prime tier investment banks.

CEO and Co-founder Mike Kayamori has far more than 20 years’ encounter in investments, company management, IT and venture capital. Both CEO Mike Kayamori and Chief Economic Officer Katsuya Konno have been from Softbank. Chief Technology Officer and Co-founder Mario Lozada came from Credit Suisse and Merrill Lynch. Chief Compliance Officer Ken Mazzio came from Merrill Lynch and Barclays. Chief Approach Officer Ray Hennessey is a Goldman Sachs and Merrill Lynch veteran. Head of Operations Seth Melamed was also at Goldman Sachs for far more than ten years. Chief Trading Officer Andre Pemmelaar has expertise in automated trading systems for more than 15 years.

The combined monetary and technical expertise of QUOINE group members stand behind the top quality and safety of QUOINE’s trading platforms and exchanges, which include QUOINEX, QRYPTOS and now QUOINE LIQUID. QUOINE LIQUID will be a revolutionary platform to solve one particular of the most critical troubles in the worldwide utilization of cryptocurrencies, which is the lack of marketplace liquidity in the crypto economy.

2) QUOINE is the First International Cryptocurrency FinTech Business to Receive A License from Japan Financial Services Agency

As a leading international fintech company, QUOINE offers trading, exchange, and subsequent generation economic services powered by blockchain technology. The company has been in existence for three and a half years with offices in 3 locations: Tokyo, Singapore and Vietnam. QUOINE adopts a pro-regulation stance, as the group believes that regulatory compliance will support foster a safe, secure atmosphere for cryptocurrencies to aid shape the future of the financial services.

3) The QUOINE LIQUID platform is the driving force behind the QASH Token Sale and leverages QUOINE’s international network of trusted fintech partners.

The funds raised from the QASH Token Sale will strengthen the improvement of QUOINE LIQUID platform. The QUOINE LIQUID platform is a solution that will transform the crypto economy by providing liquidity, a a lot necessary element across crypto markets. QUOINE’s mission to unite all main exchanges to a single single QUOINE LIQUID platform attracted wonderful interest from the crypto and classic finance communities, that acknowledge the value and urgency of liquidity in the crypto space. Much more effective than any existing platform in the marketplace, QUOINE LIQUID features the Globe Book, a globally sourced trading platform and Prime Brokerage, a suite offering direct market place access, fiat management, crypto/fiat credit facilities and true-time reporting.

QUOINE has sturdy relationships with numerous of the world’s prime monetary institutions, Asia regulators, cryptocurrencies, exchanges, and fintech startups. Among these major partners incorporate: Bitfinex, Dash, Binance, Blockwave, ZB.com, BW.com, EXX.com, and CEX.IO.

With a confirmed group, proven platforms, and a pro-regulatory practice, QUOINE is partnering with cryptocurrency exchanges about the globe to construct a Worldwide Liquidity Alliance, as element of the QUOINE LIQUID platform. By proactively creating extended term partnerships with all major cryptocurrency exchanges and industry players, QUOINE is completely poised to bring about worldwide liquidity for the crypto economy.

So what is the subsequent step for QUOINE after the QASH Token Sale?

The QASH Token Sale is only the beginning. Right after sufficient funds are raised, the QUOINE group will be working tough to develop the QUOINE LIQUID platform to meet the huge demand for liquidity in the crypto markets.

Tentatively, QASH will be listed on QUOINEX, QRYPTOS and partnered exchanges by December 1st.

With regards to the enormous good results of the QASH Token Sale, CEO and Co-founder Mike Kayamori commented: “I would like to thank every person who participated in our QASH Token Sale. Our responsibilities are larger now. We have a clear fiduciary duty now to our token holders. Initial, from the item development point of view, we have to deliver our solution as promised. QUOINE LIQUID already has the core development, and now we are moving into refining the user encounter. Second, we have to give liquidity by making confident that in addition to QUOINEX, QRYPTOS and QUOINE LIQUID platforms, other exchanges will be listing our QASH tokens, that there will be price stability, and there is an upward appreciation to all token holders. I would like to thank every person, such as our group members for your commitment and continued assistance. And I would like to invite everyone to be a portion of this exciting journey.”

ABOUT QUOINE

QUOINE is a major international fintech firm that supplies trading, exchange, and subsequent generation monetary solutions powered by blockchain technology. With offices in Japan, Singapore and Vietnam, QUOINE combines a powerful network of local partners with comprehensive team experience in banking and financial merchandise to deliver very best in class monetary solutions for its buyers. More info is obtainable at www.quoine.com

In 2014, QUOINE launched Quoine Exchange, now recognized as QUOINEX, which became one particular of the largest bitcoin exchanges in the planet by transaction volume. QUOINE provides powerful trading features, a sophisticated user dashboard, and safe regulatory compliance to person and corporate customers. QUOINEX provides trading solutions for bitcoin and fiat currency pairs in Japanese yen, US dollar, Euro, HK dollar, Indonesian rupiah, Singapore dollar, Philippine peso, Indian rupee, Australian dollar, and Chinese Renminbi. QUOINEX has exceeded USD12 billion in transactions in the past two years. In September 2017, QUOINE Corporation became the very first global cryptocurrency exchange to be officially licensed by the Japan FSA. Far more information can be located at www.quoinex.com

In June 2017, QUOINE launched a fully digital cryptocurrency exchange and trading platform known as QRYPTOS, exclusively for cryptocurrency trading in desktop version at www.qryptos.com.

In October 2017, QUOINE became the very first licensed worldwide cryptocurrency exchange in Japan to launch a global Initial Coin Supplying (ICO), also recognized as the QASH Token Sale. QUOINE Corporation was officially licensed by the Japan FSA on 29th September 2017.

In November 2017, QUOINE effectively raised 350M QASH (the equivalent of 350K ETH or ~USD105M) in a considerably oversubscribed ICO at https://liquid.plus, to fund the growth of the QUOINE LIQUID platform. More info can be discovered at:

QASH Token and QUOINE LIQUID site: https://liquid.plus
Whitepaper download: https://liquid.plus/quoine-liquid
QUOINE ICO Brand Reel:https://www.youtube.com/watch?v=Q5mvYnammC0&ampt=51s
QUOINE LIQUID Reel:https://www.youtube.com/watch?v=O5gs2sX7W-g&ampt=2s
Telegram:https://t.me/QUOINE

Speak to Information
Make contact with Individual: Katherine Ng
E mail: katherine.ng@quoine.com
Site: www.quoine.com
Telegram Neighborhood: https://t.me/QUOINE
Twitter: @QUOINE_SG
Facebook: www.fb.com/quoine.sg
LinkedIn:https://www.linkedin.com/organization/quoine
Reddit:https://www.reddit.com/r/QASH/
Steemit:=”https://steemit.com/@quoineliquid” rel=”nofollow” target=”_blank”&gthttps://steemit.com/@quoineliquid
Youtube:https://www.youtube.com/channel/UCOR2GJnFoOgTazC5v6mBTSA/featured?disable_polymer=1

Associated Links
http://www.quoine.com

This is a paid press release. Readers need to do their personal due diligence just before taking any actions associated to the promoted company or any of its affiliates or solutions. Bitcoin.com is not responsible, straight or indirectly, for any harm or loss caused or alleged to be brought on by or in connection with the use of or reliance on any content, goods or solutions pointed out in the press release.

Published at Thu, 16 Nov 2017 ten:30:51 +0000

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