What is Qash?
Quoine Liquid is a trading platform that aims to combine every liquidity source into a single highly liquid tradable order book. Quoine Liquid is the company that developed the Qash token and is running this project. The Quoine Liquid team will empower their services with the blockchain technology and consequently allow the migration of financial institutions to a decentralized platform. The platform is built on top of QUOINE's existing technologies like, a Matching Engine, a Smart Order routing, and a currency conversion engine.
The Qash cryptocurrency has been built using the Ethereum platform but plans to launch its own blockchain in early 2019. Qash is a liquid platform and its goal is to bring liquidity to the crypto market. It by creating a ‘World Book’ which connects all major exchanges. They are already connected with DOZENS of the top exchanges, including Binance.
Exchanges will participate in the liquid platform by giving their liquid assets to Quoine (the company building Qash) and they will pull all these resources into once giant platform for exchanging cryptocurrencies. This liquidity will be stored in the ‘Global Book’. By having a large pool of liquid cryptocurrencies, crypto investors like you and me will be able to exchange one crypto to another without going through bitcoin or Ethereum.
Why Qash is About to Moon:
The Quoine Liquid beta launch is expected to happen in the coming week and the official launch should happen this June. That means that the project this coin has been build for will be in full use in just a couple of months! Additionally, Quoine has support from the Japanese government which reduces worries about regulations. Qash solves an enormous problem in the crypto world and it has been flying completely under the radar. As soon as people catch on I could see Qash surpassing the Binance coin in market cap, putting it close to $5 with a 6X return. I could see Qash going as far as hitting a $10 valuation by the end of 2018!
I am curious about what you thing and would love to discuss your questions in the comments below. Like always, this is not financial advice but just my opinion.
Tristan
