Explanation of the BQT Project
The purpose of BQT is to conduct a development of a Crypto Trader community and culture that has used the Platform. BQT will help all people who have joined BQT and will get more benefits that are very useful for all people. The BQT Exchange Platform which has provided the P2P Trading Environment which is very user-friendly, interactive, and flexible as well as an interface that is so easy to use for its community members to manage various types of transactions consisting of many crypto assets. The BQT platform has enabled traders globally to negotiate their Crypto Asset trade automatically interacting with each other and will share their experiences with the community. To carry out the increase as ownership of various Crypto Assets, BQT has introduced a revolutionary Hedge Trades system. Unlike Margin and Futures Trading, the BQT Hedge Trade system is a flexible method for Traders to acquire Crypto Assets for a short period of time by saving their existing Crypto ownership. This revolutionary approach allows Crypto Traders to use their Crypto Holdings to obtain a large number of additional Crypto Assets that they believe without the need for traditional margin trading.
CRYPTOCURRENCY MARKET
The cryptocurrency market is evolving, and its market capitalization was estimated to
US$268.23 billion on March 31st, 20181.
Since the introduction of Bitcoin in January 2009, thousands of cryptocurrencies have existed
at some point and today, there are hundreds of cryptocurrencies with a market value
that are being traded. Still, Bitcoin is the undoubtful leader representing approx. 45% of
the total market capitalization.
CRYPTOCURRENCIES MARKET CAPITALIZATION:
$268.23 BILLION – MARCH 2018
ESTIMATED NUMBER OF UNIQUE ACTIVE USERS OF CRYPTOCURRENCY WALLETS
The current number of unique active users of cryptocurrency wallets is estimated to be between 2.9 million and 5.8 million, according to the latest report by Cambridge Centre for Alternative Finance.
Although it is almost impossible to know precisely how many people use cryptocurrency, using data obtained from study participants and assuming that an individual holds on average two wallets, Cambridge Centre for Alternative Finance estimated that there were between 2.9 million and 5.8 million unique users actively using a cryptocurrency wallet in 2017.
P2P CRYPTO EXCHANGES: A GROWING MARKET
P2P Exchanges carry one unique advantage — People deal with People. It provides unmatched flexibility in decentralized trading environment.
Ability to negotiate trades with people directly, rate and share their trading experience delivers upmost trustful and competitive trading edge. That is a precise reason more traders are shifting towards P2P brokerage type exchanges.
Market of today’s traders demands even more flexibility and creativity of the P2P trades, as well as, deeper social interaction between traders and possibility of hedging various crypto assets against each other.
BQT PLATFORM: A P2P EXCHANGE WITH INNOVATIVE HEDGE TRADE CAPABILITIES
The aim of BQT is to build a community and culture of Crypto Traders utilizing the Platform, helping the community and benefiting from the community.
BQT Exchange Platform provides secure, interactive and flexible P2P Trading Environment and user-friendly interface for its community to manage various types of transactions consisting of many crypto assets.
BQT platform allows traders globally to negotiate their Crypto Asset trades directly interacting with each other and sharing their experience with the community.
To leverage holdings of various Crypto Assets, BQT introducing the revolutionary Hedge Trades system. Unlike Margins and Futures Trading, BQT Hedge Trade system is a flexible method for Traders of acquiring Crypto Assets for a short-term period by means of escrow of their existing Crypto holdings.
This revolutionary approach allows Crypto Traders leverage their Crypto Holdings to acquire significant number of additional Crypto Assets they believe in without a need of a traditional margin trade.
A multitude of projects and companies have emerged to provide products and services
that facilitate the use of cryptocurrency for mainstream users and build the infrastructure
for applications running on top of public blockchains.
While the cryptocurrency industry is composed of many important actors and groups,
there are four key cryptocurrency industry sectors today:
- Exchanges
- Wallets
- Payments Companies
- Mining
BLOCKCHAIN TECHNOLOGY: STABLE AND EXPANDING
The blockchain is a decentralized ledger of all transactions across a peer-topeer network. Using this technology, participants can confirm transactions without the need of a central certifying authority. Potential applications include fund transfers, selling trades, voting, and many other uses.
Alan Morrison and Subhankar Sinha, PWC, “A primer on blockchain”
Blockchain technology is conquering the world and it completely transforms the way
many markets operate. It is estimated that blockchain companies could experience a revenue
pool of $6 billion by 2020 and $20 billion by 2030.
These figures are based on the impact of digital ledger technology on payments:
❶Business Cross Border,
❷Remittance, as well as the impact on
❸Capital Markets and
❹Title Insurance.
BLOCKCHAIN TECHNOLOGY REVENUE POOL ($ BILLIONS)
🔘 BUSINESS CROSS BORDER
5% of lost revenue to be captured by blockchain startups
🔵 REMITTANCE
20% of all Remittance revenue in blockchain workflows
🔴 CAPITAL MARKETS
Technology companies to capture 20% of back office and 5% of risk savings
📀 TITLE INSURANCE
50% of all Insurance revenue to blockchain companies
The increasing adoption of digital currency will put downward pressure on remittance payments shifting 20% of revenue to Blockchain companies. This is projected to account for $1.5 billion (24%) of Blockchain revenue in 2020 and $3.8 billion (19%) in 2030.
BQTX TOKEN STRUCTURE AND ICO BONUSES
800,000,000
BQTX TOKENS ISSUED
800 BQTX TOKENS = 1 ETH
600,000,000 Tokens will be frozen and would only be released as needed for company expansion, Marketing and Loyalty Programs to maintain token liquidity (up to 10% per year).
BQTX TOKEN DISTRIBUTION POST ICO (EXCLUDING FROZEN TOKENS)
BUDGET ALLOCATION
For More Information About BQT implementation, please visit below:
Website : https://bqt.io/
Whitepaper : https://bqt.io/assets/pdf/whitepaper.pdf
Telegram : https://t.me/BQTCommunity
Twitter : https://twitter.com/bqt_ico
Facebook : https://www.facebook.com/BQTPROJECT/
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Bitcointalk Username: saiful
Bitcointalk Link Profil: https://bitcointalk.org/index.php?action=profile;u=858487
ETH addrees: 0x2BBEEA86F155668d78FB108da0Ff5725B06f6994