🔜 Qredit (XQR)
Qredit is a simple payment platform which provides everyone to use their coins to buy from sellers. They aim to build a payment gateway where buying/selling with cryptocurrencies are safe and easy for either, buyers and sellers.
On the Qredit platform, the Qredit Card, which is an NFC Card with the users' address and the URL that communicates with the apps for Qredit, can be used to receive Qredit Coins (XQR) from other users and other tokens on the platform. Qredit originally started on the NTP1 blockchain, uses now their own Native Blockchain, which was made with the ARK Codebase. This decision was made to make the transactions easier and accessible to everyone and to use Qredit as the fee for the Qredit coins. Qredit wallet is available almost on every platform such as Desktop (Windows, MacOs, Linux), Mobile (Android, IOS soon) and Web which enables simple usage for everyone.
XQR can also be used as a reward for customers who spent a certain amount of money on goods by merchants. Their goal is to build a Qredit payment gateway for marketplace integration that will become the crypto-contender to traditional payment gateways. Transactions will be made on the platform with 51 delegates and 8 seconds of blocktime. Other than the ARK codebase they aim to increase the transactions per block from 200 to 800 once they have more transactions. In 2019 Qredit plans to launch the QAE protocol (Qredit Always Evolving Protocol) to allow people to create smart contracts on top of Qredit.
In addition to their Qredit Gateway, they will implement their platform with two existing companies which allow businesses: GoUrl and CoinPayments. The difference between the traditional coins and the Qredit is the use of NFC cards, combined with mobile apps that support the NFC card directly.
Qredit is already being traded on the altilly exchange. They are planning to support some more exchanges in the near future.
Qredit closed their fundraising on the 10th of February 2018; they successfully raised $643k, which will give them the financial backup to fully develop their ambitious and visionary goals.
🔶 Documents:
📑 Whitepaper — Qredit Whitepaper: https://qredit.io/downloads/qredit-whitepaper-v2.pdf
🔶 Additional links:
🌐 Website — https://qredit.io
✈️ Telegram — https://t.me/qredit
🕊 Twitter — https://twitter.com/Qredit_io
📘 Facebook — https://facebook.com/qredit.io/
🔶 ICO-Dates:
Symbol: XQR
ICO Price: 1 XQR = 0.01 EUR
Total supply: 700,000,000 XQR
Qredit was originally issued as "QRT" on the Neblio Blockchain before swaping to their own native blockchain in September 2018 and rebranded to "XQR".
Money raised: $643.000
🔶 Our Score:
🌕🌕🌕🌕🌘 4.25/5
Since the born of cryptocurrencies, it's a popular and growing idea to buy/sell goods with cryptocurrencies on the global market. Qredit appears as one of the solution projects of that idea. Even though they're entering in a competitive field, Qredit has already finished their ICO stage successfully and developed further since then.
They have a large and skilled enough team and with the swap to their native blockchain, Qredit have shown already that they are not scared of changes for the better good of the project. If they will keep using the money raised wisely and developing their platform even further, there is no doubt that we will see Qredit as a successful and useful platform.
