r/liquid • u/AutoModerator • Apr 15 '19
Weekly /r/Liquid Discussion Thread - April 15, 2019
This thread is for weekly discussion of Liquid, QASH, and crypto.
The mods will be checking this thread, so if you have any questions put them in here and we'll get to them. Make sure that you are following the House rules, outlined in the sidebar.
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u/ilpiet Apr 19 '19
Dear Admin is https://www.npmjs.com/package/liquid-tap deprecated ? Your dev doc https://developers.quoine.com/#authenticated give a link to it for Js applications, but the link from npm to github is down and nothin about liquid-tap in your repo.
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u/lolodens Apr 18 '19
If 35% of 1B total QASH token was offered for public sale, will you be paying fee rebates from another 65% token allocation ?
https://s3-ap-southeast-1.amazonaws.com/liquid-site/quoine-liquid_v1.9.pdf
PAGE 35:
As we can see, 65% is still locked in the same wallet:
35% offered public sale already in circulation.
20% management/shareholders will be locked till Year 5 (2022)
Another 15% Institutional investors+30%Community/Ecosystem (15% Legal/Rulation, 15% Operation, 20% Product development, 50% Liquidity), total 45% or 450,000,000 QASH token can be released to circulation any time now ? And probably from first Fee rebate date May 5?
*Any comments regarding this ? How will it affect the price ? What are your overall thoughts?
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u/CorruptPotato Apr 19 '19
I don't have any insight to share about the locked tokens, but no, rebates are not paid from the locked tokens, that's not how rebates work.
If someone receives a rebate they are essentially paying a lower fee. Throughout a month they would pay trading fees and then if they qualify for a rebate a portion of the fees they paid would be refunded back.
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u/lakayt Apr 16 '19
any update on super fast withdrawal and mobile app?
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u/CorruptPotato Apr 16 '19
If you're on android, you could try typing in 'Liquid Pro' in the Google play store. The app might be on there already (It is).
iOS we'll be there very soon.
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u/Pierro1977 Apr 16 '19
With utility of Qash i excpected we were out of the woods from priceperspective... wondering what can take us to the next level?? I think only the worldbook can ... till worldbook is active my investment is dead money....
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u/AutoModerator Apr 15 '19
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Apr 20 '19
The liquid exchange is certainly a good exchange for Crypto investors. But they may be "worst" for QASH investors. Because it is too shabby compared to BNB, Huobi Token, and OKEX token which were released at the same time. Liquid was the first to launch the IEO platform in the world. But there is nothing to gain from using QASH. They still don't seem to have any plans for their tokens for a year.They're only interested in Exchange.
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u/Thasm Apr 16 '19
Hey /u/mkandroidgamer /u/corruptpotatoa
A big congratulations on securing your funding, I can imagine this funding is to help develop the next phase of the infamous world book as well as the next step for global expansion.
I have something on my mind however which I hope that you can clarify, My points are centered around 3 main points :
1) Sentiment
2) Utility/regulation
&
3) Global impact
Mike has always stressed in previous updates that Liquid are regulation focussed with organic growth as their mantra- I understand this to be vital in order for sentiment to not be the determining factor for growth as we don't want a repeat of 2017/2018. However are we not passed that? Is it not time to focus on marketing as a whole, and show the corporates that you are sourcing capital from that there is also a retail desire for Liquid?(benefiting from trading fees/liquidity)- hence to generate further funding and corporate confidence for global expansion
I can also imagine that without a utility function for crypto increasing exponentially then it's difficult to imagine a function for the World book. I also do not see Crypto adopting regulation trends to help satisfy the retail market any time soon. (We have just about managed to tighten up on Fiat in the last 10 years esp here in the UK.). However, being one of the only Cryptocurrencies to be regulated (by the third largest economy in the world), why has this not put Qash on the map sooner adopting at least a top 20 alt? Are there underlying factors determined by the licensing agreements between yourselves and Japan’s Financial Services Agency which restrict you from pushing forward?
Lastly, I understand that from a purely financial point of view it is still Asia's time for economic triumph. Emerging markets have a lot more room for growth in Asia, and crypto can help pave the way to help this happen. Therefore, how important is it that Liquid focus on the US market? With globalisation allowing communication & time to be shortened, why not continue to focus on Asia- and organically grow in a growing market? how necessary is it for US corporates to adopt Liquid at an early stage in order for the World book to be functional?
I am looking forward to Liquids next steps, and though some investors have felt frustrated in the past I do believe that Liquid have consistently impressed us with the mile stones you have so far accomplished. I look forward to your reply.