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 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.