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QASH Review: Introduction To QASH

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QASH Review: Introduction To QASH

Quoine Liquid, the platform developed by Mike Kayamori and Mario Gomez in 2014, became widely known in 2017 when it became the first cryptocurrency company to be officially licensed by the FSA, Japan’s Financial Services Agency.

In this review, we will be focusing on QASH (pronounced “cash”), the native currency of the platform above.

To take on this monumentally ambitious goal, Quoine Liquid combines two smartly designed mechanisms/offerings: World Book and Prime Brokerage.

Finally, the SRO component is responsible for monitoring all major exchanges and externally competing for orders that can’t be fiddled by default by from the World Book.

With the help of Prime Brokerage, users can also extend a credit line and leverage trades.

It’s worth noting that a token sale was held in November 2017 where 33% of the maximum supply was issued in exchange for somewhere around 106,000,000.

 

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