Bitquence - ICO overview
People-powered cryptocurrency services for the blockchain. Bitquence’s Mission is to make the daunting cryptocurrency market accessible to everybody, accelerating adoption of blockchain technology and democratizing ownership of cryptocurrencies.
They make cryptocurrencies easier to purchase and transfer allowing the average individual to participate in the New Economy. They believe in the philosophical mission established by Satoshi Nakamoto. By creating a secure layer that is accessible to the average person, they put the power in the hands of the people – where it belongs.
Bitquence is Shingo’s brainchild. Shingo is an experienced investor in Bitcoin and alt-coins and the ins and outs of the world of crypto currency. Shingo is a computer science and finance student at Brown University, and an upright bass player with the Brown jazz combo. Previously, Shingo was the co-founder of Jobs University, an online school with over 20,000 students.
Dennis “SQL-god” Chen is a data guru with 5 granted patents to his name. Before joining the Bitquence team, Dennis was CTO at Funmobility, responsible for the technical direction and infrastructure of complex data-driven applications that managed over $1B in mobile micro transactions. Prior to founding FunMobility, he was the founder and Chief Scientist of Specular International. At Specular, he assembled and led an elite engineering team that designed and developed many award winning 2D and 3D professional graphics software such as Infini-D, Collage, Logomotion and Backburner.
Maurice Herlihy is a professor at Brown University and holds an A.B. in Mathematics from Harvard University, and a Ph.D. in Computer Science from M.I.T. Maurice has received numerous awards including the Godel Prize in Distributed Computing, the Gödel Prize in theoretical computer science and the Edsger W. Dijkstra Prize. Maurice is a widely recognized expert on Ethereum Smart Contracts and Distributed Autonomous Organizations.
Lincoln is an award-winning engineer and mobile visual experience designer. With over 27 Years of experience, Lincoln is a veteran of the space. Before working at Bitquence, Lincoln was VP Engineering at Funmobility specializing in creating enterprise applications designed to scale. Lincoln is the lead architect and designer of FunMobility DXP, which received the prestigious IBM Leader Award and has been used for campaigns by brands including Pepsi, Chiquita, Ace Hardware and more.
Adam has deep experience in multi-channel mobile branding, demand generation, content and advertising. Adam’s work has reached over 60 million consumers spanning 15 billion unique consumer interactions. Adam was the founding Chair of the Mobile Marketing Association’s Mobile Standards Committee, defining industry standards for the multi billion dollar segment of mobile offer compliance.
Aiko is a legal and financial whiz who knows how to keep i’s dotted and t’s crossed. Aiko is a member of the American Association of Individual Investors and is highly experienced in managing investment services as part of her responsibility as an HR Director and Corporate Legal Administrator.
Security is a top concern here at Bitquence, and you can rest assured your assets are safe with Pete and our secure managed and privately hosted data center. Pete has years of experience maintaining scalable carrier-grade global application IT infrastructure for partners including Verizon Wireless, Sprint, Metro PCS, AT&T, Globe and U.S. Cellular, with 99.99% update and 100% security.
Andy is a professional web designer with global experience building, hosting and maintaining high-quality digital branded experiences. Andy built the Bitquence site from scratch using Twitter’s Bootstrap framework.
Bitquence will launch an ICO to initially distribute up to 30% of these tokens in order to fund development of the platform and expand service offerings.
To encourage liquidity and demand, service transaction discounts will be given to bulk holders of Bitquence tokens.
In other words, users who hold Bitquence tokens will enjoy cheaper cold storage and service transaction fees.
45% of tokens will be reserved to establish liquidity for the Bitquence Liquidity Network.
The Bitquence Token (BQX) is what runs the Bitquence platform. In order to use Bitquence allocations and cold storage, users pay a token fee, which will represent a nominal portion of funds, similar to “dust”. The Bitquence token can also be used to rebalance individual portfolios. In other words, liquidity generated by the Bitquence token will be used to enable users to shift allocations between various currencies quickly and easily.
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