QUASA: ICO REVIEW
QUASA - is a decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the block chain and its own crypto currency. Such an approach takes the development of logistic technologies to a completely new level and ensures total security and privacy in the whole supply chain.
There are many problems facing the logistic industries as a whole personally, I had numerous bad experiences with international shipping, with losing my parcels, slow-service and it being extremely expensive. As we have more and more individuals in the world, we are shipping more things, and with the increase of mass migration and the ever expanding e-commerce market in the past decade, there is a growing demand of international shipping. Also, the organization of freight traffic can prove to be very demanding and pose a lot of heartache in delivering smooth and effective traffic flow. Changes in logistics are not just ripe - they have become like a rotten apple.Therefore, it was decided to create a universal blockchain platform for cargo transportation. Mission is to help cargo owners, carriers, cargo receivers and other suitable platforms to receive and move cargoes as advantageously as possible..... The platform is prepared to offer innovative solutions and also help participants to obtain considerable advantages of decentralized service and a unique and transparent economic system.
How does it work?
The basic economy of QUASA meets two main criteria:
- minimum volatility;
- Competitive cost of services
To ensure minimum volatility, tariffs are introduced for transactions and services of the QUASA blockchain-environment using the XDR (SDR) index.Tokens(QUA) become a prerequisite for using the service. Each connected company will need to use a set of services provided by the platform.
Payment methods are variable, the commission for services can be collected in percentage, be fixed, and can consist of any combination. There may be a zero commission, or there may be a commission payment at the expense of the seller, as in modern credit cards. Monetization of QUASA services occurs at the last step of each successful delivery in the form of a payment, instantly increasing the demand for QUA tokens.
Benefits for Investors
1.- The selling price of the token is 1ETH = $1200 and with the demand it is expected that the price of the token will increase. Then, as an investor, you can certainly benefit from it.
2.- Quasa have different ways to influence the growth in the value of QUA: each connected company is an information guide, every successful one is an even larger, louder information guide. Every time a company starts taking is good news and with lots of companies at there disposal ,there will be many positive news, Quasa will be constantly on hearing and will be able to influence the course.
Quasa is here to help guaranteed payment for services and efficient paperwork. The carrier terminates the transportation of the goods and transfers them to the cargo owner or the next carrier. The cargo receiver makes an electronic mark about the assumption of the responsibility for the goods. Upon receiving this mark, the smart-contract performs a money settlement with the carrier. The smart-contract registers and provides the cargo owner’s documents signed in the digital form.
Solution for the problem of lacking standards and, consequently for the problem of cumbersome paperwork,Increased shipping speed due to process optimization and competitive environment of the service and Improved availability of insurance and broker services.
Safe transportation,as soon as the client selects and confirms his transport contract, QUASA initiates a smart-contract with all the participants of the transportation and with the insurance company. The client’s digital money is credited directly to the smart-contract which manages the means of transportation. The smart-contract informs all the participants and starts controlling the fulfillment of the transportation.
About Token and ICO
QUASA issues 62,445,870 QUA tokens.
After the termination of ICO, additional tokens will be automatically given to Founders, Team, and Bounty members.
The volume of the raised funds (ETH, USD) is ETH 15,623 = (USD 18,747,500 at the rate of USD 1200 / ETH).
For convenience and due to constant ETH fluctuation, the rate has been chosen at the level of 1 ETH = $1200.
The total number of QuasaCoin (QUA) tokens is 50,769,000
From the total amount of 62,445,870 QuasaCoin (QUA) tokens intended for the general emission QUASA will submit
50,769,000 tokens for the sale through ICO at various price levels.
In order to avoid the collapse of QUA prices due to mass sales of the currency after the termination of ICO, all pools are frozen till the end of the campaign and will be subject to gradual defrost. Hence, QUA will be released to exchanges and markets gradually and their price will not collapse, unlike what has happened with many even big companies. The founders’ pool is frozen for the longest period of time – till July 7, 2018. This is how we show that we are making long-term plans and are not going to dispose of QUA as soon as possible. The freezing would have been even more massive but we presume that we may need QUA for making settlements and paying bonuses which cannot currently be foreseen. Below is the schedule of the defrost:
Official website: http://www.quasa.io/
By Bitcointalk user: belushiiwuzeree
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2191289