What is Qredo (QRDO) | What is Qredo token | What is QRDO token
In this article, we’ll discuss information about the Qredo project and QRDO token
The Qredo Network enables the decentralized management of digital assets with institutional grade security. 
Qredo Network highlights
1. No single point of failure
The Qredo Network is designed and architected to enable participants to remove any single point of failure. Decentralization is key to the Qredo ethos and Qredo is on a clear roadmap to becoming a fully decentralized, autonomous organization (DAO).
2. Robust and Secure
Security is built into every step of the Qredo development process. We don’t use smart contracts and we don’t wrap tokens. Pioneering technology means that your Layer 1 private keys are never generated.
3. Layer 2 Network
Our Layer 2 network allows for greater flexibility and speed of transactions - as well as interoperability with Layer 1 networks. You can move assets at a fraction of the costs inherent to the Layer 1 network.
4. Put your assets to work
Qredo uses a single blockchain to record your ownership of digital assets on other blockchains. This means that you can send and receive any asset to or from any other Qredo member instantly and cheaply.
5. Transparency of total assets held
Designed with fail-safe solutions to liquidity meaning that you can always trade in the assets that are enabled. The integrity of the Qredo network enables you to verify at any time that your ownership of Layer 2 funds is directly equal to the Layer 1 funds backing them.
The solvency of Qredo is transparent, verifiable and always visible.
6. Extensive range of Custody rule combinations
Custody rules can be tailored to fit the widest possible range of scenarios and combinations. This means that you can have granular custody over every transaction or withdrawal. It also ensure that access to funds can be enabled in case of death or injury.
7. Ultra-fast settlement
The Qredo network utilizes Tendermint technology to enable both settlement and delivery of assets on the underlying blockchain in less than 1 second.
How it works
The Qredo Protocol
The Qredo Protocol is a sophisticated technology stack and architecture. It comprises of the Qredo Vault, Watcher and the Qredo Blockchain.
Qredo Vault / Multi-Party Computation (MPC) Cluster#
- A robust solution to the private key problem.
- Generates, secures and provisions access to layer 1 assets. Holds the secrets that enable no private key to be ever generated.
Watcher
- The Watcher provides trustless monitoring by polling for changes. It acts as a smart router between the MPC Clusters, Qredo Blockchain and Layer 1 Cryptocurrency nodes.
Qredo Blockchain
- Immutable ledger for asset ownership and transactions. purpose built system of mechanisms facilitate the swift, smooth and secure trading of digital assets cross-chain without wrapping.
The Qredo Network
- The Qredo Network is an instance of the Qredo Protocol empowering a live marketpace for members to trade in digital assets.
- Currently running on Mainnet v1.0 & Testnet.
- The Qredo Network is on a clear roadmap to full decentralization.
- CENTRALIZED -> FEDERATED -> DAO
Qredo Apps
These are the user facing applications that allow you to interact the Qredo Network. Qredo Apps are designed according to usable security principles to ensure great user experience balanced with institutional grade security.
The Qredo Web App (web)
Accessible by signing in to the Qredo Network. This is where the most significant actions take place such as initiating trades and adding members.
The Signing App (mobile)
The Signing App is used alongside the Qredo Web App to authorize access and actions on the Qredo Network. Find out more
The Partner API & Core Client
The Partner and Core Client API enables smooth integration with existing trading technology. It can also be built upon to widen the range of offerings to your customers.
TOKEN
Total Tokens: 1,000,000,000
**Ticker: **QRDO **Token type: **ERC20
ICO Token Price:** 1 QRDO = 0.50 USD**
Fundraising Goal:** 40,000,000 TOKEN**
**Available for Token Sale: **11,216%
Announcing the Qredo Token Sale on CoinList
Qredo is rearchitecting digital asset ownership and blockchain connectivity by offering decentralized custody, native cross-chain swaps and cross-platform liquidity access.
The sale begins on July 8, 17:00 UTC and has two public options:
Option 1:
- Date: July 8, 17:00 UTC
- Price: $0.50 per token
- Min/max: $100 min, $500 max
- Cliff: 2 months
- Release: 0 months
- Supply: 30M tokens
Option 2:
- Date: July 8 2021, 23:00 UTC
- Price: $0.225 per token
- Min/max: $100 min, $1,000 max
- Cliff: 6 months
- Release: 12 months at weekly intervals
- Supply: 10M tokens
The registration deadline for the Qredo sale is July 6, 00:00 UTC.
Unlocking value across the multichain universe
Qredo is rearchitecting digital asset ownership and blockchain connectivity. By bringing liquidity and capital efficiency to the blockchain economy, Qredo is able to offer decentralized custody, native cross-chain swaps, and access to cross-platform liquidity.
A few reasons that we’re excited about Qredo:
- Fast Finality Blockchain - Qredo is built on Tendermint, a fast-finality consensus engine tuned to handle thousands of transactions per second. Additionally, Qredo includes a layer 2 statechain that transfers and records asset ownership across different layer 1 blockchains and within the Qredo Network itself.
- Consensus Multi-Party Computation (MPC) Network - Next generation, consensus-driven, trustless MPC Network connects layer 1 blockchains with the goal of eliminating digital asset theft. The network includes programmable governance and workflow with built in security for institutional trading and access to DeFi smart contracts.
- Encrypted Messaging - Integrated with the Matrix network, a decentralized messaging architecture, Qredo enables encrypted private communications to be cryptographically linked to transactions on the Qredo Network. This messaging layer enables unique applications to be built on Qredo such as Trader Chat, which allows traders to buy and sell straight from their favorite chat software.
How and Where to Buy QRDO token?
QRDO has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy QRDO.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase QRDO from the exchange.
The top exchange for trading in QRDO token is currently CoinList
Find more information QRDO
☞ Website ☞ Source Code ☞ Social Channel ☞ Social Channel 3 ☞ Message Board ☞ Message Board 2 ☞ Documentation
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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