The 3rd round of the Q DAO token sale is about to happen on August 1st from 8 pm (GMT+9). There will be two sales, one will be held in the form of an IEO on the BTCNEXT exchange, and the second one via the OTC desk on the website of Platinum Q DAO Engineering. These two sales will start simultaneously.
Purchasing IEO tokens will be available only to the winners of the previously conducted lottery. The lottery rules can be found here. It's already too late to participate, but there's a chance that the similar rules will be applied to future sales. Those who followed the rules by holding BNX tokens for 6 days, and fill the form for participation, will be able to claim their lottery tickets very soon.
“We see a growing interest, more and more people are buying Q DAO to hold it for the long terms. Even small investors buy a few tokens to get involved, and we proudly welcome them at any part of the sale”. - Anton Dzyatkovskii, the blockchain architect lead and ?o-founder of Platinum Q DAO Engineering.
There will be 15,000 Q DAO tokens available for sale at the IEO and 35,000 tokens available via the OTC desk. Those who win the lottery, get the allocation, $200 worth of Q DAO for each winning ticket. The winners have the right to purchase tokens within 48 hours starting from 8 pm (GMT+9) on the 1st of August. The tokens can be bought using USDQ, ETH or BTC.
Every lottery participant will get a letter containing the index number of his tickets. The lottery will take place at 8 p.m. Seoul/Tokyo time zone.
After the lottery, every participant will get a letter with an outcome notification. If you win the lottery, you’ll get instruction on IEO participation: you have to deposit an amount of USDQ/BTC/ETH, equal to your allocation, message John Forbes (Telegram @John_Forbes ) with your email, that’s registered on BTCNEXT, and send him the address of your wallets to send tokens. You can purchase tokens only in the first 48 hours after the IEO beginning.
For the OTC sale, it will be held until the last token of the number of 35,000 is sold. The maximum amount is 1,000 tokens for one person. All tokens bought via the OTC desk, have a lock-up period which is stretched to 20 months. The gradual release of the frozen Q DAO tokens begins on the 4th month after the purchase. Initially, there’s a 3% stack released each month, but the percentage of unlocked tokens gets larger each month until the whole amount is unfrozen on the 20th month after the purchase. You can find the details here.
As a summary: the sale starts on August 1st, and you have only two days for buying tokens during the IEO if you win the lottery. The OTC sale lasts a bit longer, but all Q DAO tokens usually get sold out very quickly. The first round with the token price of 1$ was over in 2 days, and the second within 12$ price per token in 3 days, thus the opportunity window is pretty small too.
About Platinum Q DAO Engineering
Platinum Q DAO Engineering is an international full-cycle company that provides IEO/STO listings, advisory, marketing, legal, and tech services. The company helped to raise more than 200 million USD for a great number of projects. Platinum Q DAO Engineering employs over 100 specialists who have extensive experience in marketing and PR, management, consulting, programming, cyber-security, education, legal advisory, and much more! The company's mission is to make people's lives better and facilitate economic growth by developing cutting-edge products that provide trustworthy, safe, and seamless access to any virtual assets.
The company has already issued two stablecoins: USDQ pegged to US dollar and KRWQ pegged to Korean Won. The team is going to launch even more fully backed stablecoins: JPYQ, SGDQ, HKDQ, and CNYQ under the Q DAO brand. Fully anonymous, the Q DAO ecosystem stablecoins limit out of this legacy world.
Visit the website for the latest updates on USDQ, KRWQ, and JPYQ. Join the official English, Japanese or Korean Telegram chat and get regular updates on events and development. You can also join the official Line and officialKakao Talkto ask questions in Japanese and Korean directly to the Platinum Q DAO management team.
About Anton Dziatkovskii
Anton Dzyatkovskii is the blockchain architect lead of Platinum Q DAO Engineering, a passionate entrepreneur and a skilled negotiator. He is a hardworking business leader with more than 13 years of experience in different positions in FinTech, Retail, and E-Commerce. Experienced in expanding financial businesses to new markets. Moreover, Anton is also a co-founder of Platinum Q DAO Engineering, where he has helped to develop USDQ, JPYQ, and KRWQ, the fully decentralized stable coins that simplify Bitcoin collateralization.