Trade it as a regular stable coin on the secondary market.
Trading in a low-volatility cryptocurrency such as USDQ may help traders to work more efficiently and stay safe no matter what happens on the secondary market.
Collateralize your crypto and get a simple stable trading asset. After the trading, just give it back and return your crypto.
Bitcoin, Ethereum, and other popular cryptocurrencies can’t guarantee its minimum value. So, protect it in our ecosystem until you will be sure in their stability. Holders of USDQ will have a trusted coin which will safeguard from market volatility until ready to begin trading again.
Join the Q Dao Community of Miners & Decision Makers!
Join our mining community and begin mining Q DAO tokens immediately. Now is your chance to become a miner in a growing community. Make your voice heard by becoming part of our decision makers by mining a revolutionary new cryptocurrency of the future.
How It’s Works?
1.Trade on exchanges
Trade USDQ on the secondary market as any other stable coin.
2.Get a collateralized debt position
Collateralize your crypto and easily get USDQ stable coins. After trading is complete, simply return the USDQ in exchange for your crypto of choice.
3.Discover the Q BOX
Mine Q DAO tokens, raise your own AI based robot, which will help you to make predictions.
The philosophy of USDQ is to create a truly decentralized stable asset.
Decentralized. All decisions are made by the DAO community.
The Q DAO community provides full democracy with NO centralized control. You can change anything you see fit if the community supports your initiative. You have the right to vote. Everything and anything is decided solely by the community for autonomous decentralized decision making.
Collateralized by crypto. No more mythical deposits on private bank accounts.
Transparency in its plain meaning. You can track all the transactions in real time and know for sure that a particular stable is backed by a particular crypto asset.
Self-stabilizing. Always stable. The environment doesn’t matter.
According to the nature of decentralized stable coin, it can’t fall or take off with big fluctuations. Self-stabilizing algorithms and market itself will always keep the price stable.
The stable coin which earns money for you
1.Mine Q DAO tokens
Using the Q Box, you can easily mine Q DAO tokens
2.Your own predictor
Based on AI, our Q Box analyses tones of parameters, news, and other factors to create a cryptocurrency rate prediction.
3.Community governance
Help the system to be stronger and safer. By using Q DAO tokens, you can participate in the system control
INTRODUCING THE FUTURE OF ELECTRONIC SETTLEMENT SYSTEM
ABOUT
We have created a decentralized platform that will solve all your electronic settlement woes. Existing systems on operational blockchains are crippled with huge network load, and hence they are vulnerable to security threats apart from being obnoxiously slow.
Our uniquely designed blockchain makes best use of Artificial Intelligence and other such advanced authentication methods. Thereby, it dares to promote secure and safe transactions of any volume all across the globe.
WHY FESS?
FESS is Mainstream Technology where Speed combines with Security not only theoretically but in practical means. Most of the projects running at present either claim to deliver speed or safety. None of them has sincerely found a solution for scalability where people can easily transact with supersonic speed or can run a DApp with the full potential. FESS dares to not only Work on this issue but also solve it.
The Present Technology
Most of them who are claiming speed are using sharding with Proof of Stake (PoS) to deliver a lightning fast transaction network. The PoS mechanism gives digital coin owners the ability to hog the entire network. If they purchase large amounts of coins at once and hold onto the majority of the coins in existence, they increase their likelihood of dominating the network, forging most of the future blocks, and earning the coins made from these blocks. Such happenings create an oligarchy like a situation whereby it is in the best interest of these coin holders to make changes that benefit them the most. And since sharding in a whole can’t be exercised on Proof of Work (PoW) so talking about creating shards is not a possibility.
What’s New with FESS?
FESS is combining Proof of Proof (PoP) methodology with AI and basic features of sharding into a new blockchain. FESS chain verifies every block with Bitcoin blockchain mined blocks, which makes FESS practically unhackable. Even if someone hacks into our blockchain, the very next block verifies back and returns where the original verified block was mined.
FESS Chain and Sharding
Let’s understand the concept of sharding first; it is a data partitioning into several small databases called Shards. In blockchain it states not every node needs to save all the problems, it can be saved in parts, whereas in FESS we believe
– Every node doesn’t need to save all the meta data.
When a Person X pays PP amount to Person Y, then no one cares as the transaction is complete and settles. But in a real sense, it is a point which holds value because of the transaction existence matters. So, the need for a Proof of Transaction (PoT) is simply inevitable.
– All the processing shouldn’t be done by each node every time.
Whenever the data is processed depending upon its size and difficulty the AI dynamic code used in FESS breaks it into the parts and simultaneously generates multiple numbers of sub-nodes under a single node to process fragmented data (to be processed).
When the whole processing is complete, only proof of the existence of the transaction gets recorded on our blockchain and verifies itself from the bitcoin blockchain. Since we dynamically break the core’s power to make a hybrid sub-node to process the whole transaction, we can simultaneously process original data into fragments
Sharding
Generally, blockchains have a definite number of shards where data is recorded and/or Stored.
Shards are theoretically distributed data saved at different nodes. With the passing time, it only gets more cumbersome and will end up having slow transaction speed, resulting in scalability issues (that was the central idea initially).
The Speed which is recorded in terms of Transaction per Second (TPS) is a severe problem with most of the prominent blockchains. The TPS gradually falls.
FESS
Do not have any ‘fixed number of slots’ to be saved. FESS has only one main chain where only relevant data is recorded by verifying itself from the bitcoin blockchain and/or the timestamp
The main chain of FESS only saves Proof of Transaction (PoT), and since it distributes the core’s power into fragments thus it directly proportionates the size and difficulty of the data to be processed
The algorithm used in FESS solves this problem as it merely works in the Opposite Manner. With ever increasing data and nodes to be implemented the TPS of FESS Blockchain will go upwards instead of falling down
ECOSYSTEMS
TRUST AND TRANSPARENCY
The complete decentralized architecture on FESS instills the much needed trust and transparency within all transactional networks.
SECURITY
A double layered authentication method of transactions, based on blockchain technology makes it virtually impossible to hack into our system.
SPEED
Our unique parallel processing algorithm ensures 450-900 transactions per second(TPS), way ahead of existing solutions.
DIVERSITY
Fesschain platform through its token powers individuals and business for their various needs.
Securing the Blockchain Ecosystem: Wallets, Exchanges and Private Blockchains
About BlockSafe
With any industry experiencing growth, there will always be those that look to get rich on the backs of others. The cryptocurrency industry has seen a recurring theme throughout the past two years – Theft. In 2018 alone we have seen literally hundreds of millions of dollars stolen. This doesn’t even include unreported losses.
While we strive for interoperability, it no doubt causes a large problem. Attaining this, and the convenience that is brought with it, we continually introduce new gateways for breaches and unwanted system entries. Between mobile, cloud services, and desktop, our information if fragmented in a dangerous way.
Secure solutions are needed to keep up with this burgeoning industry. While this may be a difficult task, as the technology is expanding by the day, it needs to be done.
BlockSafe Technologies plans on fixing the issue of theft within the industry. Although theft will always occur, services such as the one being proposed by BlockSafe can minimize the amount of damage done.
To achieve their goal, the company has plans for 3 main products. Crypto Defender, Exchange Defender, Blockchain Defender.
These are only brief examples of a few of the features offered by each product. As the company develops, these product will become more expansive, and continue to adapt with the industry.
This combination of products offers a comprehensive means of safety for everyday users. It is significantly easier to be proactive, and prevent hackers from stealing funds/data, than it is to be reactive. More often than not, reactive measures prove to be fruitless. By offering platforms such as those on display by BlockSafe, users can rest easier, knowing that they are being proactive in their approach to security.
CryptoDefender™
KEYSTROKE ENCRYPTION
Prevents malware from spying on what you type. The keystrokes are secured between the kernel and the wallet application using military grade encryption. Now, the password you enter to logon or decrypt your secret key is safe.
CLIPBOARD COPY PROTECTION
Prevents malware from monitoring the clipboard to spy on, copy and paste the contents of the clipboard. So the destination address to which a crypto transaction is sent to is not modified.
ANTI-SCREEN CAPTURE
Prevents screen-scraping malware from taking screenshots of information surreptitiously.
ANTI-CLICKJACKING
Displays hidden frames or frames originating from a potentially malicious domain. This neutralizes one of the favorite tricks of the hackers to download malware onto your computer.
SECURE KEYBOARD
Prevents the OS and malware from logging your keystrokes. All keystrokes entered in the custom keyboard are encrypted. Now, the password you enter to logon or decrypt your secret key is safe.
SECURE BROWSER
Is a custom, secure locked-down browser that prevents the storage of cookies and other malware artifacts. The secure browser is recreated for every session. Now, you can safely access your online wallet or exchange.
PASSWORD/DATA VAULT
Enables the AES-256 encrypted storage of passwords, keys and data. Access to the vault can be secured via fingerprint. The Secure Browser can be launched from within the vault.
STRONG PASSWORD GENERATOR
This creates strong passwords based on user-defined preferences, and then stores them in the Password Vault for future usage.
ExchangeDefender™
Crypto exchanges have hot wallets and cold wallets. The wallets store user secret keys as well as the exchange’s secret keys. Most of the keys are stored offline in vaults (cold wallet). A portion of the keys are stored on servers connected to the internet (hot wallet) to facilitate transactions. These servers are susceptible to a data breach just like any other hacker attack.
Exchange Defender comprises two products to protect the internal systems of the crypto exchange. These are – CryptoDefender™ and ProtectID®™ protects the exchange’s computers and mobile devices from keylogging, screen capture and clickjack attacks. ProtectID® secures access to the internal systems via two factor out-of-band authentication.
Authentication methods include:
OUT-OF-BAND – #, PIN, OTP, VOICE
OTP DELIVERY TO PHONE VIA SMS, VOICE, EMAIL, AND/OR PUSH
HARD TOKENS – KEY FOB, USB KEY, AND/OR WALLET CARDS
MOBILE TOKENS – IOS, ANDROID, DESKTOP TOKENS – PC/MAC/LINUX
BlockchainDefender™
Blockchain Defender acts as a gateway between the application and a private blockchain. It examines every message, checks if it is allowed as per enterprise rules & policy, scans the contents of data fields for malware and authenticates transactions via the ProtectID® system. It can also pass the blockchain messages to enterprise systems or other blockchains via appropriate gateways.
Features include:
AUTHENTICATION OF BLOCKCHAIN TRANSACTIONS
CONTENT SCANNER TO STOP MALWARE BEFORE IT ENTERS THE BLOCKCHAIN
RULES & POLICY ENGINE TO DEFINE HOW MESSAGES ARE PROCESSED
LOAD BALANCER & DDOS MITIGATOR BALANCES TRAFFIC AND SHIELDS THE BLOCKCHAIN
Features
To fund development of their suite of products, BlockSafe will be hosting an upcoming STO. During this STO, they will be selling their ERC-20 token known as ‘BSAFE’. This token will be sold as a security, and offer investors a chance to buy a stake within BlockSafe themselves.
The company has a goal of raising $27 million throughout the course of their STO. Full details of how investors will be reimbursed has yet to be released. This information should be made public shortly, alongside the company’s whitepaper.
Our history tells about an industrial educated family business with many years of experience in the field of heavy machinery plants – Ceramic production – and our knowledge will now be put into the design and production of a new eco-friendly way of extracting the precious metal from the ground. The gold which will be mined, purchasable only via our GNTO Token on Goldenugget’s platform, will be mined in our properties in Western Africa where we are present since over 10 years. That is the big difference between us and 99% of those “Gold guaranteed” projects on the Blockchain.
Afro Splendid Minerals Co. Ltd., is Ghanian registered company 100% owned by GoldeNugget’s founder, and was founded in 2011 as a mining and heavy earth moving machines rental company.
Africa is one of the fastest growing emerging markets in the world. We are passionate about the growth and development of this great continent which has so much to offer. Our goal is to help fuel this growth and drive Africa forward by cooperating at our best in sustainable mining projects.
GoldeNugget is an existing reality, with over 3,000,000.00 Euro’s already invested in West Africa for earth moving machines for the gold industry. Where you can really feel the dust, the noise, and the smell of business. Where people really have an objective, where people really see actual results in their hands at the end of the day. Call it “Old Economy”, however this business was once the actual value of money, the same money that still today allows you to purchase bread. So why not unite an old dirty but real business with new innovative industry such as Crypto in Switzerland where purchaser can rely on a predictable legal framework.
Be part of the Crypto revolution and purchase Goldenugget Token right now!
Below you will find two very helpful step-by-step guides on how to register for the KYC procedure and how to open your personal trading wallet and purchase GNTO.
Our mission is to create a Gold purchasing platform. The Goldenugget platform allows the GNTO Token purchasers the possibility to purchase Gold directly or to participate at Dutch Auctions which will give them the interesting chance to acquire Gold at a favorable price.
Vision
To become the most influential innovator in the field of ground mining on the planet, that’s what we aim to be. As you know, ground mining is not an ecological industry, we, at GOLDENUGGET want to revolutionize the industry. From the use of new eco-friendly non-toxic chemicals, and become the most environmentally-friendly miners on the earth, respecting our neighbors and working with them to create and build infrastructure and services so that once the project is finished they will have something to prosper on.
How does it work?
THE GNTO ON THE ETHEREUM BLOCKCHAIN
GNTO is GoldeNugget’s ERC20 compatible token registered on the Ethereum main net, minted in 30.000.000 units with 18 decimals, and will be used by purchasers to purchase Gold at “outlet” prices, or on our Reverse Auction website or Dutch Auction.
The Goldenugget Blockchain is a EVM (Ethereum Virtual Machine) compatible public licensed blockchain with Proof of Authority Consensus Algorithm.
The blocks are verified every 30 seconds.
The Goldenugget Blockchain stores and tracks all the operations from Gold manufacturing to delivery of the purchases and of the Reverse Auctions website, the tracking papers of the items for sale, making them redeemable at any time.
IEO (Initial Exchange Offer):
In today’s market, considering the unbelievable proportion and percentage of failed Crypto projects and where purchasers find it hard if not impossible to participate in projects that have actual future, we have decided to approach our “Crowdfunding strategy” completely different from others. While most of the Crypto projects in high majority fail or not even begin. GOLDENUGGET will revolutionize the market by redesigning the concept of ICO’s, STO’s or crowdfunding.
IEO stands for Initial Exchange Offer. We are not a Cryptocurrency Exchange, however we exchange our issued Tokens with our manufactured Gold through different mechanisms of simple exchange or Dutch auctions. In order to participate in our Crowdfunding we have opted to implement the KYC and AML procedure and to sell our Tokens on the Swiss based Eidoo Exchange platform so that purcahsers understand the difference between a real and sustainable project versus a possible scam. This allows us to transmit all the possible safe and safeguarding measures in terms of trustworthiness and clarity on the project.
In connection with carrying out the activity of gold broker, and before making gold transactions, GoldeNugget will be affiliated to a SRO organization.
GoldeNugget IEO (Initial Exchange Offering) will begin in May 2019 and will run for 4 months or until the hard cap is reached.
The major problems
Mining enviromental Responsability
Mining is the extraction of minerals and other geological materials of economic value from deposits on the earth. Mining has the potential to have severely adverse effects on the environment including loss of biodiversity, erosion, contamination of surface water, ground water, and soil. Other than environmental damage, mining may also affect the surrounding population’s health as a result of contamination caused by the leakage of chemicals.
In Ghana, where the government is seriously controlling and implementing safety and pollution laws, mining companies are expected to adhere to rehabilitation and environmental codes, making sure that the area mined is eventually transformed back into its original form, or at least as much as it is possible. Different types of mining methods can have significant public health and environmental effect. The erosion of exposed tailing dams, mine dumps, hillsides, and the resultant siltation of creeks, drainages, and rivers can affect the neighboring areas.
Mining operations have environmental responsibility include the protection of land, water, and air.
The blockchain has been created 10 years ago with the Bitcoin. Today, 10 years after, we are in a real Crypto Jungle situation: ICOs Vs STOs or ITOs, Utility Vs. Security token,TOKEN Vs COIN, FIAT, CRYPTO, STABLE COIN etc….. All this looks like a dangerous jungle for most people, and mainly for all those who are curious and might even be ready to invest some money, scared of the possible fluctuations, uncertainties, failures or even scams.
Today’s crypto market is quite different from just a few months ago. It evolved, Goldenugget will actually allow purchasers to purchase Gold from its platform.
KYC information collection, User GDPR Privacy Policy, Protection of user sensitive data, length and restrictions on FIAT currencies receipts (bank compliance) are the new frontiers for the protection of the blockchain and every project rotating around it. Many jurisdictions, including Switzerland, have taken steps to regulate this phenomenon through legislative, regulatory, or judicial action.
Realization times are another issue: it’s customary to issue TOKENS and the related services with medium-long timescales, causing very often speculative bubbles, forcing them to sell below cost and disinvest.
Utility, security or Stable Tokens?
Let us try to clean up some confusion for all those who are interested in purchasing our tokens::
Utility Token
Utility tokens: Utility tokens are tokens which are intended to provide access digitally to an application or service by means of a blockchain-based infrastructure. (Source: FINMA)
Security Token
Securities are tradable financial assets such as bonds, options, shares (stocks), or warrants. Taking the example of stocks, you might understand that it is a way to own a part in a company without taking actual possession of it. When these conditions are met through a cryptographic token, we can definitely speak about a Security Token.
Stable Token
Stable Token refers to a new type of cryptocurrencies. Offering price stability they are backed by assets. In recent times, stable Token have gained enough interest, their attempt is to offer the best of both worlds, an instant processing, the security of payments of cryptocurrencies, and to avoid the volatility valuations of Cryptocurrencies.
We, at Goldenugget made a choice which could become a new standard in order to guarantee the investor, the life of the project, the growth of the company and the future of the value of all assets and its cryptocurrency.
Technical overview
Token Name: GoldeNugget Token
Token Symbol: GNTO
Total GNTO amount: 30,000,000 GNTO
Available for IEO (Hard Cap): 19,500,000 GNTO
Emission Rate: New Tokens will not be emitted
Exchanged Tokens: Will not be released on the market for a period of 12 months
Released Quantity: Tokens that have been exchanged to Gold on Goldenugget’s platform will be released in the market through exchanges at market price.
Conversion Rate: 1 GNTO = 1 USD$ or ETH equivalent
The roadmap
To build a great project it is necessary a lot of dedication, hard work and an extraordinary amount of organization. Goldenugget has been on our mind since long time and still, we have amazing plans for the future. Every milestone has been deeply thought for the best execution possible and every step we will take will bring us a little closer to the final success.
This is our journey. Be part of it!
2011
April: West African Afro Splendid Minerals Co. Ltd starts with over 3,000,000.00 € Investments
2018
January: Decision to invest into a Blockchain project is approved
May: Project Start – Workshop for strategic decision
June: Project launch – Blockchain development starts
June: Definition of name and logo
July: Project Website development start
September: Smart Contract prototypes development + Crash Tests
