Monetary instruments Q’s main monetary instruments: Granting Qs — Members who join Initiative Q can reserve Qs for free, with the specific number varying based on how early they join. These Qs will be granted gradually as economic activity grows, enabling their use on the Q network and thus increasing the active current money supply. Activity incentives — Additional Qs can be issued to incentivize activities that promote network growth, such as a cashback reward on purchases, a bonus on conversion from other currencies, etc. This effectively creates a discount on Q-based purchases, which in turn attracts economic activity, which then requires issuing more Qs and so on. This positive feedback loop could fuel rapid growth of the network until it becomes a payment standard and can grow solely on the merit of its technological advantages. Open market operations — The committee can increase or decrease the amount of Qs in circulation by directly buying or selling Qs in return for other currencies. The committee can also sell future grants of Qs, at a discounted rate, to accredited investors. These Qs will then be granted as economic activity grows, similar to the Qs reserved for new members. In general, these monetary instruments offer much better and more direct control of the money supply than those used by today’s central banks. Central banks are bound by the historical limitations of the fractional reserve system — a system that requires them to operate through private banks. This results in long response cycles and unpredictable inflation.
Selling Q for USD — Buyers looking to benefit from the advantages of the Q payment network need to add Qs in their account, which is done by buying them from the monetary committee. Selling future grants of Q — This option is available to accredited investors who believe in the long-term success of Initiative Q. They can purchase (at a significant discount) the right to receive Qs in the future. These Qs will be granted according to the network growth — similar to the new members rewards.
Initiative Q is building a new payment network and giving away significant sums of their future currency to early adopters. It’s by invite only and I have a limited number of invites. My personal invite link: https://initiativeq.com/invite/HPaHaERzX