Quantum is recognized as the world’s original deflationary cryptocurrency. Quantum coins are destroyed every month by following cryptographic methods. These are sent to black hole address after buying back and are thus able to make their mark in the global environment that is governed by inflationary currencies due to uncontrolled money printing ventures. Price of Quantum coin is always upwardly mobile because more and more QAU are constantly being destroyed. This helps investors of QAU gain in terms of value of their digital assets. Bitcoins that are generated by selling Quantum Coins are placed in a liquidity pool. Income generated by investing these Bitcoins in a liquidity pool is used for buying back and subsequently destroying QAU.
Quantum Project was initiated in May 2016 by professionals that have proven background in the domains of blockchain, business, and trading. Since its launch Quantum Coin has been received with a remarkable enthusiasm. The initial generation of capital amounted to $4.12 million. The results have witnessed a constant positive trend that has registered an impressive gain of 484 percent. Thanks to the smart investment of liquidity pool, Quantum tokens have been able to establish their unique position in the vast domain of Cryptocurrencies by leveraging its upward pressure trend market feature.
Mining is the process by which more and more new crypto tokens are created and the coins thus created are sold by miners for covering the huge costs of the mining processes. As the new coins are pushed in the market, there is an ever-increasing downward pressure on the price of a particular token. Quantum coin and its Quantum project attempt to reverse this process by creating an upward pressure by undertaking monthly events of destruction of the coins. The entire process makes Quantum coin, a deflationary cryptocurrency. It also makes, QAU the very first deflationary token of its kind. Excess Quantum coins are destroyed after putting sufficient QAU in the liquidity pool. Since the destruction process leverages Ethereum blockchain, the whole process is designed to be auditable in real time and transparent. The funds in the liquidity pool will be deployed to boost liquidity on all available asset markets and Cryptocoins. The income will be used for buying back the QAU tokens, which will be subsequently sent to the black hole address to facilitate the upward trend.
Although, more and more releases are expected, the QAU currency has support of Livecoin and Gatehub exchanges.
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