Uquid Coin (UQC) issue price, total amount and white paper introduction

Uquid Coin (UQC), based on the Ethereum blockchain, aims to facilitate seamless transactions within the Uquid payment ecosystem, with a total supply capped at 1,000,000,000 tokens and governance enabled for UQC holders.

Dec 29, 2024 at 09:12 pm

Key Points of Uquid Coin (UQC)

• Uquid Coin (UQC) Overview
• UQC Issue Price and Allocation
• UQC Total Supply and Distribution
• Uquid Coin White Paper
• FAQs on Uquid Coin (UQC)

Uquid Coin (UQC) Overview

Uquid Coin (UQC) is a cryptocurrency designed as a medium of exchange for the Uquid platform, a global payment ecosystem. It is based on the Ethereum blockchain and utilizes the ERC-20 token standard. UQC aims to facilitate seamless and secure transactions within the Uquid network.

UQC Issue Price and Allocation

The initial issue price of UQC was set at $0.20 per token. A total of 1,000,000,000 UQC tokens were issued during the token sale. The tokens were allocated as follows:

• 50% for private sale participants
• 25% for the Uquid team and advisors
• 20% for marketing and development
• 5% for bounties and airdrops

UQC Total Supply and Distribution

The total supply of UQC is capped at 1,000,000,000 tokens. The distribution of tokens is managed by the Uquid Foundation, ensuring transparency and fairness in the token distribution process.

Uquid Coin White Paper

The Uquid Coin white paper provides detailed information about the project, its technology, and its roadmap. Here are some key insights:

• Technology: UQC is built on the Ethereum blockchain, leveraging its security, transparency, and global reach.
• Use Cases: UQC will be primarily used for transactions within the Uquid platform, enabling merchants to accept payments, and users to send and receive funds globally.
• Governance: UQC holders will participate in the Uquid Coin governance process, allowing them to vote on proposals related to the ecosystem's development.

FAQs on Uquid Coin (UQC)

What is the use case of UQC?

UQC is intended for use as a medium of exchange on the Uquid platform, facilitating payments and remittances within its global network.

What is the supply cap for UQC?

The total supply of UQC is capped at 1,000,000,000 tokens, ensuring a fixed and predictable token supply.

How can I purchase UQC?

UQC can be purchased on various cryptocurrency exchanges that support ERC-20 tokens.

Is UQC subject to inflation?

No, UQC does not have an inflationary design. The total supply is capped, preventing the creation of additional tokens and ensuring the scarcity of UQC.

How does governance work for UQC holders?

UQC holders can participate in governance through voting on proposals related to the Uquid ecosystem's development and roadmap. The voting power is proportional to the number of UQC tokens held by each account.

What is the future roadmap for UQC?

The Uquid team plans to expand the platform's functionality, integrate new partners, and enhance the usability and adoption of UQC as a payment solution. The roadmap includes initiatives focused on merchant adoption, global expansion, and technological innovation.