QOMMODITY QAAA WHITEPAPER
On this page you will find the full and integral text of the white paper of the Qommodity QAAA Asset Backed Securitized Hybrid Utility Token.
Even though the whitepaper has been created with great care we appreciate any feedback and suggestions to further improve the whitepaper, and therefore further improve the QAAA Asset Backed Securitized Hybrid Utility Token. It will benefit the project and the whole community.
KEY TERMS AND DEFINITIONS
This section aims to introduce to you some key terms and definitions that will help you navigate easily through this Whitepaper. Due to the rather novelty of blockchain and
cryptocurrencies as well as the specifics of the mining industry that only specialists might know, we find it relevant to explain some technical vocabulary associated with crypto technology and the Qommodity activities. The terms are arranged in alphabetical order to facilitate the search.
AMC - An asset management company (AMC) is a firm that invests pooled funds from clients, putting the capital to work through different investments including stocks, bonds, real estate, master limited partnerships, and more. Along with high-net-worth individual (HNWI) portfolios, AMCs manage hedge funds and pension plans, and—to better serve smaller investors—create pooled structures such as mutual funds, index funds, or exchange-traded funds (ETFs), which they can manage in a single centralized portfolio.
Area - In the mining industry with an area, we understand the land that has been assigned through the licensing process to the license holder.
Asset Backed - An Asset Backed Token is collateralized by a specific asset or a pool of assets, which in case of default of the token, give the holder the collateral in the underlying asset.
Blockchain - Blockchain is a decentralized database maintained by numerous users across a network of computers. It cryptographically connects blocks that store immutable information on all transactions conducted within the system. Think of it as a simple ledger or book where every transaction is recorded and once the data set has been recorded it cannot be changed.
Cryptocurrency - A unit of currency that only exists digitally and uses the blockchain technology.
CEX - Centralized Exchange providing an exchange of unit on a blockchain as a custodial administrator.
Coin - A coin is a unit of currency that only exists digitally andhas its own blockchain.
Commodity - In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who producedthem. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory. Popular commodities include crude oil, corn, and gold.
DEX - Decentralized Exchange that is providing an exchange of unit on a blockchain without the custodial characteristics.
ESG - Environment Social Governance. A set of standards for corporate behavior as defined by the United Nations.
Hard Fork - A hard fork is when nodes of the newest version of a blockchain no longer accept the older version(s) of the blockchain; which creates a permanent divergence from the previous version of the blockchain. Either the older version stops to exists or both continue to exist. As an example Bitcoin Cash, Bitcoin SV etc. are hard forks from the original Bitcoin Blockchain.
Inground Value - Inground value is the value of a natural resource before it is mined but where its concentration and characteristics are clearly known and documented through the NI 43-101 and- or JORC certification.
ISIN - An International Securities Identification Number (ISIN) uniquely identifies a security. Its structure is defined in ISO 6166. The ISIN code is a 12-character alphanumeric code that serves for uniform identification of a security through normalization of the assigned National Number, where one exists, at trading and settlement.
JORC - Joint Ore Reserve Committee code 2012. The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. It is a professional code of practice that sets minimum standards for Public Reporting of minerals Exploration Results, Mineral Resources and Ore Reserves.The JORC Code provides a mandatory system for the classification of minerals Exploration Results, Mineral Resources and Ore Reserves according to the levels of confidence in geological knowledge and technical and economic considerations in Public Reports. (more details to be found on: https://www.jorc.org/)
NI 43-101 - It is a national instrument for the Standards of Disclosure for Mineral Projects of Canada. The Instrument is a codified set of rules and guidelines for reporting and displaying information related to mineral properties owned by, or explored by, companies which report these results. The code is widely accepted as a leading world standard for the qualification and undisputed validation of (in ground) natural resources. It is broadly comparable to the Joint Ore Reserves Committee Code (JORC Code). (further details to be found on: https://mrmr.cim.org/en/standards/canadian-securities-regulatory-standards-for-mineral-projects/)
Security Token - As an investment asset, a security token is a digital asset that represents ownership or other rights and transfers value from an asset or bundle of assets to a token. In plain language, security tokens are the digital form of traditional investments like stocks, bonds, or other securitized assets.
Securitized Token - A Securitized Token is a token that has been securitized and has been issued an ISIN that allows professional investors to invest in the Token through their regular banking relationship.
Token - Token - or crypto-token - consists of units of value developed on top of an existing blockchain network. In other words, a token represents an asset residing on a specific blockchain. In the context of this white paper, the terms Token and Coin(s) may be used interchangeably to refer to the QAAA Token.
Utility Token - A utility token is a crypto asset, typically issued during an initial coin offering (ICO), that allows token holders to perform a specific function on the network It can also be used as a voucher.
Securitization - Asset securitization is the structured process whereby interests in assets are packaged, underwritten and sold in the form of "asset-backed" securities. To be able to buy the assets from the originator, the issuing company issues tradable securities to fund the purchase.
Hybrid Token - A Token which is tradable both on the Crypto Exchanges and on traditional exchanges.
Our objective is to facilitate the largest transition of wealth in the history of mankind. We aim to unlock access to wealth on a large scale using an approach that has never been used before. We are here to give people access to the most precious resources, without negative impact. Commodities that are traded on a market are clearly defined and fungible but the underlying values thereof are not. But the underlying values are in reality much greater but access to that value is limited to very few who can afford it and have the necessary expertise.
We are simply taking a wealth of knowledge and experience to clearly define the underlying value, its market value and therefore making it tradeable and bankable. This means the whole value chain from the opportunity to the finished product becomes tradeable. To trade the underlying values, it requires its definition and an appropriate market place where even the smallest investor is able to participate. We therefore are implementing highly secure blockchain technology, to create a marketplace for the underlying values and also to clearly document all the processes involved. Not only are we using the Blockchain and the crypto markets but we are aligning the whole process with the established and regulated security markets and will be publishing the relevant ISIN. We can offer everybody the opportunity to be part of an initiative that aims for both to promote environmental protection and guarantee sustainability as defined by the SDG’s of the United Nations.
This venture is creating new asset classes in commodities within the traditional- and institutional monetary- and Crypto domain.
Each step in this process will be explained clearly in the following Whitepaper. It is important to understand that each component that is used, is well known and has been proven over decades. It is only the approach that is different and novel, and that technology plays an important role because it provides the checks and balances which were not available previously.
Each step of the process will be explained and supported on the basis of GOLD as a commodity
Steps in the process are:
Defining the commodity and its underlying values.
Mining rights greenfield unexplored Area
Mining rights brownfield explored Area
Active Mining activity
Defining the required standards of documentation and certification to establish the value.
JORC report and or
NI 43-101 report
Define the required steps to obtain the required documentation and certification.
Licensed and certified Geological surveying Company
Create the required legal structures to execute the documentation and certification
Legal entity to obtain licenses and
issue contract to Geological surveying Company.
Commence Mining operation as required by the licenses.
Create the required legal and technical infrastructure for tokenization “QAAA” and the issuing of the security with its ISIN.
Create underlying Blockchain
Create Smart contract for Token for the Commodity and its underlying asset
Securitize the Commodity Token
Execute all processes.
Over the last 14 years, members of the team, foremost the founder Edward Meijers have worked not only on developing the concept but have proven and executed all the processes in the field so that a complete value chain is now available and is integrated in the value proposition.
We set our goal to create the first real securitized Token of its kind in the world. By using SourceLess, one of the best blockchains on the market and our expertise in the mining industry together with external geologists and the NI43-101 standard, we made the impossible possible. Securitized token means a token which is backed by a verifiable and documented resource and the investment in the Token is possible through a security (ISIN).
Our approach of focusing on in-ground values is suitable for any country in the world. We already have contracts in place for natural resource Areas in Africa, Latin America as well as in Europe. Through our approach of only exploiting what is necessary and leaving the other resources untouched we are attracting assets in other countries which will create an even bigger diversification of the risk by adding their resources behind the QAAA.
So far, we have our proof of concept in the resource-rich country of Sierra Leone, where we have received exploration- and mining licenses in several different Areas with a total surface of 354,5 km2. We hold the second largest type of mining license available in Sierra Leone. These mining- and exploration licenses are now being evaluated by a team of accredited geologists who are providing JORC and NI 43-101 certifications. Which are also confirmed and acknowledged by the EFG (European Foundation of Geologists) and MinPol.They have so far issued 3 Reports out of the first Area. In total 52 mineral and precious metal resources have been found within this Area, of which 14 are commercially viable for mining, out of which Gold, Columbite, Tantalite, Niobium and Iron Ore are the prime resources of our operations and internal valuations. The minerals Columbite, Tantalite and Niobium are derived from an ore known as Coltan.
The total inground value according to the NI 43-101 report of December 2021 is 4.503 Billion USD and is reflecting only a small part of the Area 1 license. Based on this report 50 billion Tokens have been issued to represent the inground value of these resources, including the company’s share emission.
The funds collected through the sale of the Tokens will be used to expand the holdings of in-ground resources through the securitisation of exploration- and prospecting licenses. Thereby also increasing the value of the Token. Presently the QAAA will act as umbrella for all recourses but as soon as possible there will be for each commodity and for each project supported new tokens so that it will become possible to invest in exactly the activity that the investor believes in.
Present day, Commodities such as Gold are clearly defined by their form and purity. This is important because any bar of Gold having a purity of 24-carats, which is equal to 99.9% purity, is exchangeable for any other Bar of Gold with the same purity making it fungible and tradeable. Any other form of Gold is not traded on the international markets. Let us assume that 24 Carat Gold is 100% of value as defined by the London Metal Exchange (LME). Any underlying value of Gold will be some amount less than LME. Now we need to define what this difference will be. The difference is the cost of exploration and production of the Gold itself (in ground value). If the cost is higher than the LME then the resource is of low value but still can be seen as a future opportunity. If the Cost is substantially lower than the LME value then the resource has a high value. This value calculation has been used for decades by the professional mining industry and its methods are well recognized and established. It can be said it is the toolbox so far limited to a professional industry. For this there is a clearly defined market, the professional mining industry. The evaluation of each resource (AREA) is very specific and can differ widely, but the reference value used to determine its profitability is always the same. Therefore, once a resource has been explored, its value only depends on the LME value. There are a few other influencing factors that must be accounted for, but interestingly enough, these factors also have the same effect on the LME value and have the tendency to auto balance themselves. The main factors are energy, labor costs, inflation and the credit rating of the country. Because the influencing factors are all measurable and independent of the actual resource it is actually a simple accounting process to establish its value on a daily base. If this information can be accounted for in an automated process which is clearly documented we have a fungible and tradable product.
Our objective is to facilitate the largest transition of wealth in the history of mankind. We aim to unlock access to wealth on a large scale using a method that has never been used before. We believe wealth is not only a matter of monetary values, but also happiness, health, livelihood, and creating opportunities. To do so, we chose to add real asset values to the monetary market. The huge amount of capital that should become available can be used to create opportunities for those in difficult circumstances through sustainable social projects within the scope of ESG.
We are here to give people access to the most precious resources of all time, without the negative impact of extracting them from the ground. By leaving the resources untapped, using blockchain technology, we can offer everybody the chance to be part of an initiative that aims for both environmental protection and sustainable revenues. In the areas that have been developed many activities can be launched to create jobs, produce food and products that will substantially improve the standard of living of the people in these areas.
The Big Picture
The world we live in today comes with serious challenges for equality. Though human rights have played a significant role in the past decades, there are still people who die of hunger across the globe, people who risk their lives and health to provide basic needs for their families, and children who go to bed hungry every night. At the same time, tons of food are thrown away every year because of poor management caused by the fact that we don’t fully understand the impact of our day-to-day actions. Furthermore, resource rich countries, especially poorer countries, till today do not really profit from the inground resources. This is where Qommodity can facilitate the biggest transition of wealth in the history of mankind and contribute to balancing the scales with its unique approach.
The solution of monetizing inground values of resources, putting that on the blockchain combined with a token that is then given an ISIN, is the link between the old and the new financial systems as we know them, opening new opportunities for all those taking part in the project. This revolutionary approach has never been used before, as there isn't a single entity in the world to facilitate access to financial products in the same manner. This new financial tool will allow transfers of commodities between peers with no boundaries or intermediaries, meaning that there will be fewer costs, no centralization and long-term benefits.
FEW OPPORTUNITIES IN THE MARKET
We are building the bridge between the traditional and innovative financial systems to offer everybody the chance to participate in previously inaccessible projects because of financial reasons or lack of experience. Anybody can easily buy- and sell tokens. With our QAAA it is either done through the Bank or simply through the crypto exchanges the QAAA is listed on. It is nothing else than alternative financing where the investor gets a higher reward for his contribution in the project.
DIRECT DEMOCRACY THROUGH BLOCKCHAIN
We give the power for free self-determination to common people by allowing them to become part of a project that facilitates a low entry level through an easy and transparent infrastructure based on blockchain technology. What others call direct democracy we want to redefine into a self-determination that is operated seamlessly through blockchain technology. The full transparency of blockchain doesn’t allow any form of corruption or manipulation of people sitting in key positions.
IRRESPONSIBLE RESOURCES EXPLORATION
We monetize the in-ground value of natural resources and precious metals without requiring to be extracted, leaving the Earth virtually untouched, unexploited and the communities unaffected.
Due to blockchain technology supply chain issues become easy to solve and fewer new resources will be needed. More companies will make the next step from digitization to tokenization which will then allow them to seamlessly depict, where resources out of waste or old products are available. Qommodity will support any kind of such developments to make sure that only resources that are really needed are extracted.
A NEVER BEFORE SEEN OPPORTUNITY
We all use money, but few of us understand where it comes from. And that is because nobody teaches us how the monetary system works, not even in schools. In most of the cases, this leads to bad financial decisions and money loss. On the other hand, for those of us who want to benefit from the new opportunities in the market, this is almost impossible as you need previous experience to make good decisions.
We offer you the chance to get the best of both worlds! Our project combines the benefits of a traditional monetary system, the one you are familiar with, with disruptive technology and the advantages of the blockchain.
So for those people who do not understand the magnitude- and the power of the blockchain, or are even afraid of it, but would like to be part of our transition, they can simply buy the QAAA through their bank, as the QAAA can be subscribed to through an ISIN.
We believe that in the future even the traditional financial system will be replaced by the blockchain driven system so that all the money will start flowing from the FIAT system into the blockchain system. Especially tokens with a real value behind, like our QAAA will profit the most from this money inflow. And considering that the total money being invested in crypto is only amounting to 3 % of the total amount of money from the old world, you can expect a tremendous growth of crypto assets.
Through our QAAA token, everyone can build a legacy based on the monetization of the new asset class of in-ground resources for long-term profits and, at the same time, benefit from fairness, transparency and professionalism.
We use advanced blockchain technology to monetize the in-ground value of the resources from Sierra Leone and the other countries in which we have been active since 2009. The SourceLess Blockchain, which also is the technology behind the future Qommodity Blockchain, is extraordinary in its advanced technological development. In comparison to Bitcoin, Ethereum and other blockchains, it does not use the Proof of Work algorithm but a new algorithm with “Proof of Existence” and therefore does not need any energy to run its blockchain. The Nodes only need the size of 1 MB which allows it to be installed on any device. There are no transaction fees unlike BTC and ETH where fees at its peak already went as high as USD 60 per transaction. Also the transactions per second are able to compete with the transaction speed of Visa and Master Card.
The Asset Backed Securtised Hybrid Utility Token will be based on two fundamental elements:
An audited smart contract, generating the token (QAAA), on the technology of Qommodity Blockchain being a hard fork of SourceLess Blockchain.
The usage of the traditional financial systems such as certificates and securities administered through the traditional facilitators and custodial entities.
This unique and unconventional approach will lead to the combination of the most advanced technological innovations with traditional values and monetary security.
QAAA - THE TOKEN
The QAAA is currently operated on the Binance Blockchain but shall soon be built on the Qommodity Blockchain which will be created through a hard fork of the Sourceless Blockchain providing the best services necessary for our goal. The total supply is 50 billion QAAA Token of which only a maximum of 10 billion QAAA Token will be in circulation and the remaining QAAA Token will be held by the company.
The Qommodity QAAA Token is a voucher that can be exchanged for a variety of NFT’s, whereby the NFT’s represent services like for instance a meet and greet with one of the founders and goods like a hardware wallet in the form of a physical QAAA coin, whereby the QAAA represents a value for payment for these services and goods.
The QAAA token can also be exchanged for a B-Class NFT, and in turn the B-Class NFT can be exchanged for a b-class share in Tandem Liber Holdings Ltd. The b-class share is what creates the value backing the QAAA.
All are related one-to-one, so one QAAA can be exchanged for one B-Class NFT which in turn can be exchanged into one b-class share in Tandem Liber Holdings Ltd. Should a token holder go for the B-Class NFT/b-calls share, the QAAA and the B-Class NFT will be burned and as a result of that the total supply of 50 billion QAAA also reduced accordingly.
For the QAAA as a value of payment the relation might not be one-to-one, it depends on the market rate of the QAAA and the value of the services and goods.
Both the Qommodity QAAA Token as well as the Qommodity B-Class NFT are issued by Qommodity QAAA B.V.
TOKEN DISTRIBUTION AND USE OF FUNDS
15% Mineral exploration
2,5% Development (Blockchain and other logistic aspects)
40% Future development of 3 branches: agriculture, industry and renewable energy
The 15% mineral exploration allocation is used for new exploration licenses. This is a first step towards the expansion of concession, which qualifies within the vision of QAAA. A 5% team allocation is being used as an incentive for team members as a reward for completing the mission and vision of Qommodity. 2,5% of the total allocation will be used for development (Blockchain and other logistic aspects) and improvement of the ecosystem behind Qommodity, in order to offer the users the best experience when accessing the project. 5% of the total allocation represents reserves, a strategic deposit serving the purpose of being accessed in case of need, to offer the participants an extra safety measure. 10% are to be offered to all those who join the project in its early phases by showing support and making it known worldwide. The marketing allocation (8%) includes the advertising services and incentives for the brand ambassadors, in order to reward their efforts of sharing Qommodity’s vision within their communities. Liquidity allocation (14,5%) is meant to offer everybody the chance to adopt the revolutionary token through any exchange we are being listed on. 40% will be allocated for the development of 3 branches: agriculture, industry, and renewable energy. As our main goal is to facilitate the largest wealth transition in the history of mankind without destroying the planet, we allocate a significant percentage to development processes in agriculture, industry, and renewable energy, improving the living conditions of local communities and protecting the environment at the same time.
TOKEN DISTRIBUTION CHANNELS
The token distribution is done through the following channels:
Swap of QAA Utility Token, which was sold in the months before the launch of the QAAA to fund the whole creation and ecosystem of the Token
DEX: Pancake Swap, Burger Swap, Sushi Swap, Ape Swap
OTC: Through the Back Office of QAAA
Stock Market: Our stock exchange will trade on regular stock markets via the AMC (ISIN) for institutional and professional investors eg Vienna Stock Exchange
Banks: Institutional and professional investors can buy the AMC via their house bank
The QAAA Token Smart Contract on the Qommodity main network is deployed to the following address:
The QAAA token was written and developed in Solidity v 0.4.24, on Binance Smart Chain Blockchain on January 27 2021. Inside 2023 will be intended to migrate to Qommodity Blockchain, with a code written in A.R.E.S (both Qommodity and A.R.E.S software are hard forked from Sourceless Blockchain)
As the project is already operational and we are continuously working on new at least double verified NI-43 101 reports, to increase the values of our audited resources, we do not have a funding level.
more information on polygon and fantom are available on GitHub:
Contract permalink BSC:
Our QAA token was the first step towards our QAAA Asset Backed Securitized Token. The QAA utility/registration token will not be burned now but remain in existence and continue as the representation of social development projects. In this ecosystem we create responsible contingency by funding social projects through donations following the value creation of QAAA.
Some of these projects are cattle breeding, plantations, agriculture, green energy, micro credit schemes and carbon credits, all giving value to the token and generating perpetual cash flow through an endowment system.
The QAAA (ABST22), “the crown of assets”, is an ABS Token, where AB stands for (Asset Backed) S for (Securitized) that will be listed on the Vienna Stock Exchange on the third market (sometimes referred to as a security Token in the Crypto market but which can be misleading in the FIAT financial markets) and is therefore also a Hybrid token that complies with the highest ESG standards. It is a methodology of investing in life, to protect people, nature and to create a better livable planet for the benefit of all.
The Q in QAAA stands for Qommodity, and the triple A for the highest financial standard, which places the QAAA ABS Token at the top of financial instruments in the market. It is a hybrid financial solution using advanced technology and natural resources that are indicated, measured and validated in accordance with the NI43-101 standard, at least double verified and audited at an in-ground valuation.
Q1 – 2022
Investment Opportunities and pre-contracting for additional natural resources in other countries.
Finalization of first technical NI43-101 Report in Area1, MINERAL RESOURCE ESTIMATE (#ASS211215CR01MABONTO01AU79 JORC) AND PRELIMINARY ECONOMIC ASSESSMENT ON THE MABONTO GOLD PROJECT / Tonkolili District, Sierra Leone.
Finalization of Reconfirmation of the European Federation of Geologists (EFG), NI43-101 Technical Report, UPDATED MINERAL RESOURCE ESTIMATE (#ASS211215CR01MABONTO01AU79) AND PRELIMINARY ECONOMIC ASSESSMENT ON THE MABONTO GOLD PROJECT / Tonkolili District, Sierra Leone.
Further Exploration and Preparation for small scale production in Area 1
Preparation and start of further NI43-101 Reports in Area 1 and 9
Preparation of the Quarterly Reports
Expansion of the Geologist Team
Presentation of the QAAA concept and launch of QAA in Dubai
Q2 – 2022
Generate Cash Flow for extension of the NI43-101 Reports
NI43-101 Technical Report April 2022, UPDATED MINERAL RESOURCE ESTIMATE (#ASS211215CR01MABONTO01AU79) AND PRELIMINARY ECONOMIC ASSESSMENT ON THE MABONTO GOLD PROJECT / Tonkolili District, Sierra Leone.
Preparation of further NI43-101 Reports in Area1 and Area 9
Preparation of Reconfirmation Reports of the European Federation of Geologists (EFG)
Preparation of the Quarterly Reports
Expansion of the Geologist Team
Finalization of second technical NI43-101 Report in Kenema Region, MINERAL RESOURCE ESTIMATION AND PRELIMINARY ECONOMIC ASSESSMENT ON THE MABONTO GOLD PROJECT / Sierra Leone
Finalization of Reconfirmation of the European Federation of Geologists (EFG), NI43-101 Technical Report, UPDATED MINERAL RESOURCE ESTIMATE AND PRELIMINARY ECONOMIC ASSESSMENT ON THE KENEMA PROJECT / Tonkolili District, Sierra Leone
Preparing the financial structure for the authority approval process for the ISIN in Switzerland
Q3 – 2022
Distribute / Reinvestments in target assets
Preparation of further NI43-101 reports in different areas
Preparation of Reconfirmation Reports of the European Federation of Geologists (EFG) and MinPol Austria
Preparation of the Quarterly Reports
Depending on the market environment, different strategic paths can be taken+
Apply for the QAAA ISIN
Q4 – 2022
Presentation of the QAAA and it's ISIN concept on the Vienna Stock Exchange
Q1 – 2023
Receive the ISIN
Preparation of our own Qommodity Banking Label including Payment card with exchange between Crypto and Fiat
Start of getting our own Banking platform in place
Development of custom made Investment products for large Insurance companies
Q2 – 2023
Start selling and trading of the ISIN
Hard fork implementation of the Sourceless Blockchain to the Qommodity Blockchain
Start preparations Road show of the QAAA (Frankfurt, London, Dubai, Singapore, etc.)
Expansion of Geology Teams
Launch Quorium Stable Coin
Strategic Partnership reconnaissance
Q3 – 2023
Expansion on exploration resources in Sierra Leone
Visit Bolivia for take over of domestic entity and infrastructure
Operational banking platform
Moving to Dubai for Headquarters of Qommodity
Q4 – 2023
Offline event in Dubai Qommodity
First NI 43-101 validation outside of Africa
Preparation new season in Sierra Leone after raining season
Execution with continuous NI 43-101 validations
If you are familiar with the evolution of cryptocurrency, most probably you already know how Bitcoin price evolved over the years: 6 cents in 2010, 100 USD in 2013, 60,000 in 2020. Now imagine, what if our QAAA will have the same evolution? Considering Bitcoin has no tangible asset value, no representation in the real economy, and nevertheless made a tremendous value development in a time when most people never heard of it, imagine what will happen with the QAAA the moment that institutional and professional investors will become aware that the QAAA became an Asset Backed Securitized Hybrid Utility Token with an ISIN, registered on Euro Clear, Clear Stream, Reuters and Bloomberg. It is now an investable asset for banks, funds etc. that due to their legal restrictions, are not allowed to invest in any kind of crypto project. With the AMC and its ISIN, they now have this access, which will unlock the funds from this source.
version 6 - 2023.05.01