The Qoin Tokenomics

[vc_empty_space height=”80px”][tek_sectiontitle st_title=”The Qoin Tokenomics” st_title_tag=”” st_subtitle=”New Qoins can only be minted into the Reserve when a new Registered Merchant is on-boarded into the merchant ecosystem” st_subtitle_decoration=”” st_separator_enable=”separator_off” st_text_align=”text-left” st_width=”st_fullwidth” css_animation=”kd-animated fadeIn” css_animation_delay=”200″][vc_empty_space height=”20px”]

[vc_empty_space height=”200px”]

[vc_empty_space height=”80px”]

Overview as at 20 January 2020

Ticker: QOIN

Type: Utility coin

Country of initial issue: Australia

Maximum authorized cap: 10B coins

Coins issued: 200 million

Total coins in circulation: 200 million

Month of first issue: January 2020

AUD price per QOIN: AU$0.15

USD price per QOIN: US$0.10

Accepted currencies: Fiat, BTC, ETH

Status of blockchain and wallets: Completed

Merchants in ecosystem: 500

Market capitalisation in AUD: AU$30.0 million

Market capitalisation in USD: US$20.0 million

Future issue of coins

New Qoins can only be minted into the Reserve when a new Registered Merchant is on-boarded into the merchant ecosystem
New Qoins to the value of US$7,500 will be minted at the Qoin price when the Registered Merchant joins the ecosystem and agrees with the terms & conditions
The Reserve is authorised to distribute the minted Qoins to the following recipients:
- Node validators
- Sales Agents that attract, recruit, and sign-up merchants
- Service Providers that onboard the new merchants
- Merchants that reward and incentivise their customers
- Consumers for approved rewards and incentive programs
- Tech development to continuously enhance the user experience
- Exchanges
A super-majority of Qoin Association Members must annually review and approve the prices paid to the above recipients to ensure that payments remain market related.

[vc_empty_space height=”60px”][vc_empty_space height=”100px”]

[tek_sectiontitle st_title=”Ready to get started?” st_title_tag=”” st_subtitle=”Download your wallet to get started or contact us for more information” st_subtitle_decoration=”” st_title_color=”#ffffff” st_subtitle_color=”#ffffff” st_separator_enable=”separator_off” st_text_align=”text-center” st_width=”st_fullwidth” css_animation=”kd-animated fadeIn” css_animation_delay=”200″][vc_empty_space height=”15px”]

[tek_button button_text=”Get Started” button_style=”tt_primary_button” button_color_scheme=”btn_primary_color” button_hover_state=”” button_icon_bool=”no” button_action=”button-action-link” button_link=”url:https%3A%2F%2Fqoin.world%2Fget-started%2F|title:Get%20Started||” button_position=”pull-right” css_animation=”kd-animated zoomIn” elem_animation_delay=”200″]

[tek_button button_text=”Contact Us” button_style=”tt_secondary_button” button_color_scheme=”btn_primary_color” button_hover_state=”hover_solid_primary” button_icon_bool=”no” button_action=”button-action-link” button_link=”url:https%3A%2F%2Fqoin.world%2Fcontact-us%2F|title:Contact%20Us||” button_position=”pull-left” css_animation=”kd-animated zoomIn” elem_animation_delay=”200″]