Quiztok
Quiztok
QTCON
Quiztok Timeline
Quiztok Token allocation
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Quiztok Info
Quiztok Intro
Quiztok is a knowledge-sharing platform that filters, refine and compresses scattered knowledge and information through a content format called Quiz so that everyone can coexist. Quiztok is also a knowledge sharing platform where people learn what they want to know and want to know about each other through various forms of quizzes. Quiz is a compact, fun way to communicate knowledge to quiz creators, and quiz takers can share the quiz creator's refined knowledge as they solve it. The Quiztok platform rewards quiz creators, quiz pools, and quiz curators with Quiztok tokens (QTCON), providing real value for sharing knowledge.
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Quiztok Token allocation
Q&A about Quiztok Tokenomics
Explore the tokenomics of Quiztok(QTCON)and review the project details below.
What is the allocation for Quiztok(QTCON)?
- 60 billion QTCON will be issued in total.
- QTCON - Centralized Issuance System.
- For the Quiz Mining Reward, we deposit a certain number of rewards on Reward Pool.
- The scale of the token sale is 10% of the total issuance, 6 billion coins. They will be sold on private sale.
- Internal Team(7%): Payments to early founding investors in the platform ecosystem
- Reward Pool(50%): Payments as rewards for participation in the platform's ecosystem and activities to maintain the ecosystem
- Reserved(15%): Reserves are used to pay for development, operations, marketing, and other expenses of the platform ecosystem.
- Community(15%): For promoting, partnering, donating, and securing social welfare dollars to expand the ecosystem
- Private Sale(10%): Used as an initial cost to develop and operate the platform ecosystem
- Advisor & Contributor(3%): Paying advisors and platform ecosystem contributors
What is the supply schedule for Quiztok(QTCON)?
QTCON will be distributed on a circulation market to stabilize the market price of QTCON after which issued a token and Mar. 2018 private sales and then, from Apr. 2018 on an average 24~39 months lockup period.
- TGE : Token Generator Event
1️⃣ Reward Pool : Unlock
* Since the APP service launching on Aug. 2020, it will be distributed according to increase QUIZTOK users and community as reward.
2️⃣ Sale : Lockup period - 16months from TGE
* It will be distributed as planned quantity every month from July 2020.
3️⃣ Advisor & Contributor : Lockup period - 28months from TGE
* It will be distributed as planned quantity every month from July 2021.
4️⃣ Community : Lockup period - 20months from TGE
* It will be distributed as planned quantity every month from November 2020.
* The amount of distribution can decrease or increase depending on the speed of QUIZTOK business expansion.
5️⃣ Reserved : Lockup period - 15months from TGE
* It will be distributed as planned quantity every month from June 2020.
* In case of need the funds in order to expand business of QUIZTOK, it can distribute the number of QTCON that correspond with necessary funds.
6️⃣ Internal Team: Lockup period - 28months from TGE
* It will be distributed as planned quantity every month from July 2021.
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Quiztok is a knowledge-sharing platform that filters, refine and compresses scattered knowledge and information through a content format called Quiz so that everyone can coexist. Quiztok is also a knowledge sharing platform where people learn what they want to know and want to know about each other through various forms of quizzes. Quiz is a compact, fun way to communicate knowledge to quiz creators, and quiz takers can share the quiz creator's refined knowledge as they solve it. The Quiztok platform rewards quiz creators, quiz pools, and quiz curators with Quiztok tokens (QTCON), providing real value for sharing knowledge.