Initiative Q – The future of cryptocurrency?
When you get 3 Whatsapp messages in one day about Initiative Q, I guess it’s definately worth looking into a bit deeper!
These messages were from friends and colleagues who have absolutely no interest in cryptocurrency. My first thought was, what makes Initiative Q so special over all these other airdrops we provide. Can it really be the coin which gives greater gains than Bitcoin?
Background
As you usually do when you wake up first thing is, check your phone. However this morning was strange, as I received messages from multiple people all asking me to sign up using their referral link. To put things into perspective, these guys have absolutely zero interest in cryptocurrency (crypto). So to me this comes a total shock on how they have come to hear about Initiative Q.
The message reads like this.
Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of credit cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it’s ready they are allocating Qs for free to people that sign up now (the amount drops as more people join – so better to join early). Signing up is free and they only ask for your name and an email address. There’s nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn’t want to miss this.
Here is my invite link: https://initiativeq.com/invite/SVVgVad2X
Initially I was very sceptical. You’ve got to remember I post crypto airdrops all day, everyday. There are 100’s of these type of statements I have come across and what usually comes to my head is SCAM (which I’m not saying it is).
So lets dig a bit deeper…
In the 21st century, payment systems are out of date and we incur unnecessary costs. There are tons of these payment systems around all waiting to place themselves in the market. But the question is how does the market embrace this?
The answer is, you need a modern payment system with one global currency. This is what Initiative Q are aiming to become. ONE GLOBAL CURRENCY.
Think about that for a second.
Haven’t we seen similar before in the ‘real’ and crypto world before?
The EURO, when it was established in 1999? How has this worked out?
https://www.investopedia.com/financial-edge/1112/will-germanys-bailout-save-europe.aspx
Let’s make it more relative. Bitcoin was created by Satoshi Nakomoto in 2007. Still in todays market BTC is 53.8% dominant according to CoinMarketCap. Then came others like Vitaliks Smart Contract Ethereum, or Fluffy Pony’s Privacy Coin Monero. Last year, we even thought the ‘flippening’ could happen where Ethereum could have took over Bitcoin for number one spot. How did that play out?
For all it’s scalibility issues and sluggish mentality, Bitcoin is still the king. Satoshis’s Bitcoin gave us the birth of blockchain, which also has the first mover advantage and quite frankly still is the dominant global cryptocurrency.
Back to the point
Creating a global currency is difficult. With so many coins available to us in the market, the race to become number one becomes even more impossible. There 10’s of coins out there offering identical solutions to Initiative Q, so there needs to be a USP (Unique selling point).
What’s unique about Initiative Q?
If you read the message which was sent by my friend it states “Initiative Q is an attempt by ex-PayPal guys”
Okay now we have some stance. One of the key aspects when looking into any project is the team.
As per the website
“Initiative Q is the brainchild of Saar Wilf, a serial entrepreneur who started his first payments start-up in 1997, and later founded Fraud Sciences, which redefined the payment security space and was acquired by PayPal in 2008.”
It’s fair to say, Paypal is one of the most reputable payment platforms out there in this modern era. Someone of Saar Wilf’s capabality can push Initiative Q into becoming a global currency. One would assume, he has a pretty good network to make things happen.
But there are other big players in this market too?
If you read my last article you’ll see there are the likes of IBM and Goldman Sachs already in the crypto space.
>>https://airdropvillage.io/cryptocurrency-adoption-the-bulls-case/
The Verdict
Personally I would like to see more information out there on Initiative Q. As of right now it seems like any other payment crypto currency, but the team is lead by someone who is very reputable. What makes me sad is that I can’t even locate the whitepaper anywhere.
Now whether it gives greater gains than Bitcoin, who knows, but it sounds more like a sales pitch.
Either way it’s worth signing up to, so you don’t regret the chance of missing out.
It’s invite only, which fortunately for you I can provide to the first 5 people.
The conversations with my friend ended with. ”It’ll be the quickest $42k we will ever NOT make. :)”
Hope it helps clear that up.
AirdropVillage.io Team
