Initiative Q is a new airdrop that is attempting to disrupt payment services like PayPal.
What is Initiative Q?
Initiative Q is building the payment system of the future. The Q payment network will integrate the best technological improvements that have been made in the payment industry over the last few decades to create a flexible, easy-to-use and inexpensive payment network.
These technologies have been available for years, but have not been adopted due to a classic chicken and egg barrier: No buyer wants to join a new network with no sellers, and no seller will offer a payment option that no buyer uses.
Initiative Q solves the adoption problem by associating the payment network with a new global currency, and distributing this currency to early adopters for free.
If successful, this would be a huge win to removing PayPal as the defacto alternative to credit cards for smaller business and user to user transactions.
Advantages of Q Payment Network (Source)
- Low transaction costs: A streamlined, digital process with better fraud protection means fewer costs.
- A universal currency and one global system: one address for all financial needs.
- Cutting edge measures to ensure secure transactions: fingerprint, voice and face recognition; multi-factor authentication; and advanced artificial intelligence models.
- Simplicity and user-friendliness: 1-click payments; no need to carry cash or cards.
- Customer protection: Using internal regulations and buyer feedback to prevent sellers from misrepresenting their products and pricing.
- Reversibility and efficient dispute resolution: easy online claims process to ensure user confidence.
- Optimal credit allocation: Using richer information and more advanced models to correctly assign credit to lenders.
- Parental control: Sub-accounts that allow parents to control children’s expenses.
- Helping the unbanked: Connecting to the world economy the billions who don’t have access to financial services.
Limited Airdrop, first come first served
Q is limiting their airdrop roll out by time limiting how long you can receive rewards for and limited rewards for the airdrop so users who act fast will be rewarded far more than users who wait until Q is already adopted. You will be given milestones to reach to unlock additional potential rewards. The rewards are also decreasing as time goes on, so users who start early will have a huge advantage to those who wait as the signup reward is constantly decreasing.
What do you get?
You will start with around 13,000 Q which is targeted to a 1:1 to USD. I am extremely skeptical it will ever reach that, but you can read their explanation of that valuation here:
If they even come remotely close to that target, the airdrop could be one of the most lucrative airdrops to date. I'd be happy if they just display PayPal as they are a very evil enterprise that has screwed over merchants and consumers over and over again.
How to sign up?
To claim your initial 13K+ Q, use my referral link to sign up. I will check it frequently today and approve users as I see them show up.
You can see your progress on the bottom of the page once you have signed up as you bring on new users.
You have a limited time to acquire your initial five invites before you able to unlock new invite tokens or forever lose the ability to get referral bonuses.
Reminder, if you haven't done Byteball, they are giving away $10-$160 per Steem user.
Nice cheers
Referral link expired :-(
Cg
https://initiativeq.com/invite/S8VQoHYr7
If i use your link how can i contact you to aprove it?
Initiative will contact us for you. In case you have not signed up, here's my link https://initiativeq.com/invite/BDL6ozOEm
I used ur ref.. i think you need to verify me..
helllllllllllllllllllllloooooooooooo
I also used your referral link. Can you verify me?
Hi. I used your referral code. @bigbertah it seems that you need to verify me. Thanks.
Initiative Q is building a new payment network and giving away significant sums of their future currency to early adopters. It’s by invite only and I have a limited number of invites. My personal invite link: https://initiativeq.com/invite/BWzxEWpBQ
I think you can only do 5 invites per account, I have 4 left
https://initiativeq.com/invite/Bzymg33BQ
Can you verify me?
done 3 left
Can you verify me too? Thank you @viraldrome.
sure man, done
Thanks @viraldrome
Just signed up with my Gmail account. [email protected], name Jacob Sheets. Thank you sir!
Anybody here got anymore of those invites?
Here you go https://initiativeq.com/invite/SUKAaA5rm
@ cienpascal Eli needs to log into their account and verify your registration. hook me up homie
Done :)
Thanks man!
Ha, I remember that you curated my post about differing "free money" "distribution sites".
Glad you caught on to Initiative-Q. :)
Though, personally, I doubt a Q will reach 1 USD. For me, 0.1 USD/Q is much more likely - but even then: If you get 10'000 Q for 0.1 USD each, that would still equal 1'000 USD for free.
Enough money to invest in stocks, SP or any other projects, or simply to "throw out the window"! :)
You, technically, didn't invest much into it, so you, technically, have not much to loose either. ;)
They have to get their network up first, so even 0.10 USD is a long shot. But the investment is near zero.
Indeed.
I am not saying it will be in the next few weeks or in the next summer.
Though, especially for that (near zero) investment, it can be a tremendously good deal.
hello jack greetings I already registered check your record please to check hugs.
hello jack greetings I already registered check your record please to check hugs.
This will live and die if there is some kind of way to hedge the currency against fluctuations, or indeed a way to freeze the price at the point of receiving it, otherwise sellers will not be able to protect themselves.
Cg
This is the response from the site
You can use my invite if you want https://initiativeq.com/invite/SUKAaA5rm
i will confirm you , each one can invite only 5 ppl
Initiative Q is building a new payment network and giving away significant sums of their future currency to early adopters. It’s by invite only and I have a limited number of invites. My personal invite link: https://initiativeq.com/invite/BWzxEWpBQ
You can invite more once you hit 5, you get another 10 but that's it.
I've already done Byteball!!! So won't I get anything from it @themarkymark ?
Yes. It is a different airdrop.
Hey @themarkymark,Thanks for posting this on steemit however the link has been expired. Would you be kind enough to refer an invite to the steem community.
Here's mine https://initiativeq.com/invite/SUKAaA5rm
Can't join :(
Edit : can join now
Try again, got some now
In case you have not sign up yet in initiative https://initiativeq.com/invite/BDL6ozOEm
please confirm your email, I have registered it!
Approved
Done! Thank you!
themarkymark nice post
Well I'm happy you think this is a reasonable project too, do you have more invites than me or is it only 5 per person?
You get five, if you can fill them in the 1-2 days they give you, you get more. If not, you continue to be able to invite new users you just don't get any referral credits.
Thank you for explaining. I only got three in the time limit, but if it get's anywhere near their goal valuation I will be very happy for the few emails I sent out.
Initiative Q... It's quite interesting
Very exciting future!
Yeh I got in on this also, and got three referrals in the time allotted. It's a good vision, and I also hope they catch on enough to displace PayPal.
You got a 37.39% upvote from @postpromoter courtesy of @ipromote!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
i just did it, it says m-----l needs to check into his email. cheers markymark
Thanks for the invite, I appreciate it.
I doubt that this will ever reach $1, but it would be really awesome. So thanks for the $13,000 Mark. :P
I really don't think it will come remotely close. But stranger things have happened.
Hey! Teach me about this @upmyvote plan! This seems like a fun strange thing!
Edit: as with most things on the blockchain, the mystery is easily solved. ;p
hello jack greetings I already registered check your record please to check hugs.
Here we go ...
Where are we going?
Done! Thanks
It says to remind you to verify me?
You are all set.
Thank you!
I've also got a notification which says to remind you for verification :)
Well, at least they're limiting purchases of it to accredited investors. That's the sign of... something, at least.
Unable to do signup showing This invite is no longer valid. Kindly update the link.
In case you need the invitation https://initiativeq.com/invite/BDL6ozOEm
Already got the invitation. Anyways Thanks.
Dead link.. Referral is no longer valid.
Ran out of invites, trying to get more
I got you if @themarkymark can't do it..?
I don't want to rob @themarkymark of his initial referral, being an airdrop referrals increase rewards. However, if he doesn't have a problem with it that's fine, I'm extremely interested in this project.
It's fine I'm out of invites right now.
I wasn’t trying to either and that’s why I tagged him. Unfortunately, I’ve used all my referrals at this time.
Posted using Partiko iOS
You can use mine https://initiativeq.com/invite/BDL6ozOEm
You can use mine https://initiativeq.com/invite/SUKAaA5rm
Much appreciated!
You can use mine https://initiativeq.com/invite/BDL6ozOEm
Good concept....
Posted using Partiko Android
@themarkymark you have used all your inviting numbers, i tried registering but said invalid registration link.
https://initiativeq.com/invite/SUKAaA5rm
I've used your invitation link, Please approve!
Thanks
Done! :)
Received!! Thanks a lot!!! :)
I started to be involved with this, but then discovered that 1) it isn't crypto, and 2) the activity you need to complete after using 5 referrals is to get 10 referrals. At that point I decided it wasn't a fully legit project, so stopped participating. We'll see what comes of it, but I don't think that's a winning model. They need to come up with more meaningful activities to show participation than just getting more referrals for them all the time.
The referrals to grow the network via community and identify the users who can bring people on board.
I thought it was crypto at first too, but read there FAQ here: https://initiativeq.com/FAQ
Look under the last heading "Qs vs Crypto."
Granted, I also participate in SWIFT airdrops for GBI and it also isn't crypto, but it plans to be. I just don't like the idea of "surprise, the next level is your bringing in twice as many referrals as the last level." So in combo with it not being crypto, I lost interest.
Welcome to today's NEW crypto/blockchain reality.
Posted using Partiko Android
Congratulations @themarkymark!
Your post was mentioned in the Steemit Hit Parade in the following category:
Q will never unseat the PayPal monster. It's too deeply embedded in the web payment backbone.
Posted using Partiko Android
Initiative Q is building a new payment network and giving away significant sums of their future currency to early adopters. It’s by invite only and I have a limited number of invites. My personal invite link: https://initiativeq.com/invite/BS4LoI1Lm
You can use this link for signing. Good luck.. https://initiativeq.com/invite/SE-yuifUm
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