Initiative Q is an attempt to create a new payment network and digital currency. It was created by Israeli entrepreneur Saar Wilf, who previously founded Fraud Sciences, a payment security company acquired by PayPal.
The Q is not a cryptocurrency and is not decentralized, but will instead be overseen by an independent monetary committee, much like a central bank.
Initiative Q currency is also not the same as Bitcoin because it does not use the Blockchain Technology.
As a crypto enthusiast, you may have already been approached by family or friends with an invitation link that only asks for your name email address, and password to reserve you an amount of the Q points. They call it a Social financial experiment. There is only a limited amount of invites so things can get hyped up pretty easily. After all who wouldn’t want some free money that can be used in the economy of the future.
Hundreds of thousands of users have already registered. And India is the first country to pass 1 Million Initiative Q users.
Is this a pyramid or MLM scheme?
Doing a quick search online you’d find a ton of articles that have Compared Initiative Q to a pyramid scheme. To which initiative Q’s Twitter handle has responded with a big NO, claiming that the Pyramid schemes collect money from new members and distribute it to earlier members. In contrast, joining initiative Q is completely free. So, there is no money to hand up the “pyramid” to earlier members.
Personally, I like the way they describe how Any currency has come to value in our financial systems and that is because people demand it and stores accept it for payment. Their website reads, “No buyer will join a new payment network with no sellers, and no seller will offer a new payment option that no buyer uses.”
That’s why they call it a self-fulfilling prophecy as millions join advanced payment technologies deployed the payment systems become even more popular and the key currency could become valuable and of course if you get invited now you can secure some Q’s for free.
Critics say this is not really free because they can at least use your name and email address for marketing purposes in the future and supporters say that what the website do you know who doesn’t ask you for this minimal amount of information anyway.
So the question is: Is it genuine or a scam?
It's just a concept of future currency, it may work or not.
So in short without investment, if you get something out of it, you should grab the opportunity. There is nothing to lose But if this payment system becomes a world leading payment method, your Q’s Can be worth a lot. If You missed getting bitcoin eleven years ago, you wouldn’t want to miss this.
And What will be the estimated future value of 1 Q point?
Every Q network member wants to know how valuable Qs can become. If initiative Q succeeds in creating a world leading payment network, it is expected that all Qs reserved today for members will eventually be granted at a value of One US dollar per Q.
How to become a member or get invited?
Joining Initiative Q is by invite only.
Here are two simple ways to get invited:
1. Go to Initiative Q’s Facebook or Twitter page and see which of your friends already follow Initiative Q. They may already be registered.
2. Submit a post on social media asking your friends whether one of them can invite you.
Or you can dm me on DC Tidings Instagram page and I’ll provide you the invite link and please also follow the page if you're not following yet.
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