Knowledge Base
Its first line of business is a centralized trading platform (i.e. the BlockQuake Exchange). The BlockQuake Exchange is open and features the top cryptocurrencies when considering market capitalization and plans on having over 250 trading pairings and at least six fiat currencies/wallets available for deposits and withdrawals before the end of 2022.
BlockQuake partnered with Polymath, one of the leaders in blockchain technology to create QuakeCoin tokens. Utilizing the ERC-1400 protocol and partnering with Polymath, we will be launching Generation One of our exchange token. Utilizing aspects of the ERC-1400 protocol as a company, we are able to lock up company insiders and advisors from selling tokens; thereby controlling the annual circulating supply to allow for price appreciation.
QuakeCoin will be listed on the BlockQuake Exchange for trading purposes and can also be traded peer-to-peer. The initial circulating supply of QuakeCoin tokens depending on purchases, bonuses, referral tokens, and Advisor tokens distributed; may be up to 1,500,000,000 by December 2022. These tokens will be issued by BlockQuake Funding, Ltd. Third party wallet support for QuakeCoin tokens has been secured with both FireBlocks and Ledger; for hot and cold wallets respectively.
QuakeCoin
Additional benefits available to all QuakeCoin holders include trading fee discounts for higher frequency/higher volume traders exceeding $100,000 USD in annual trading. Plus exclusive access to a future NFT Marketplace (i.e. planned subsidiary of BlockQuake Enterprises) where customers can discover digital masterpieces by established artists, animators & storytellers and access NFT airdrops. Other benefits may include; airdrops of future projects, participation in future staking or yield opportunities, use for purchases in various retail and online outlets as well as being a payment option for tuition at Colleges/Universities, community members participating in voting on charitable initiatives to assist areas in crisis needing immediate assistance, and QuakeCoin tokens may be used to sponsor Esports events, awarded to Esports players (i.e. competition winners) and allow fans of certain streams to donate money to their favorite Esports players.
Crypto Wallets & Wallet Addresses
Crypto wallets utilize a Public Key and a Private Key to secure the wallet. A Public Key functions like an account name or number to publicly identify a particular wallet. It is used to ensure you are the owner of the associated wallet address.
A Private Key is the password needed to access the holdings in your crypto wallet. A Private Key can also be referred to as a “seed phrase” as it is made up of a set of words. It is crucial to keep your private key secure. If you lose your private key, it is likely you will lose access to your wallet and the assets stored in the wallet.
The public key, private key and wallet address are linked together: the private key generates the public key which is then compressed and shortened to form the wallet address.
Once a transaction is sent to a wallet address, it is encrypted with a public key and the corresponding private key is needed to decrypt it.
Upon opening MetaMask for the first time, you will be prompted to create a password. This password will be used to quickly log into your MetaMask, in case you’ve been inactive for a while on the browser or in the app. DO NOT confuse this password with your private key, you can eventually change your password, but not your private key.
After clicking through the terms and services, you will be prompted for your 12 word private key. Record all the words presented to you, in order. We suggest writing them down vs storing them digitally where they could be discovered if you get hacked. No matter how you store it, keep your private key in a safe place. In a worst case scenario you will be able to retrieve your account back if you happen to lock yourself out, using your private key. Keep in mind, your private key is the only way to access your wallet address and any assets stored in your wallet.
Completing the signup process, you will receive your own personal ethereum wallet address; presented near the middle of the screen. This address is what you provide to us when you purchase QuakeCoin.
You then open your Metamask wallet (where you have the tokens stored) and initiate a transfer to your QUAKE wallet on BlockQuake Exchange.
Open your MetaMask app or Chrome Extension and login. Reaching the home screen, you will then click on send; one of the three blue buttons. In the small box presented you will paste the receiving address from the BlockQuake Exchange. Double check to make sure the addresses are the same, and when YOU feel comfortable, confirm the transaction. Reminder, there are NO reversals once the transaction is made.
After the QuakeCoin tokens are minted and distributed, we will send an email notification to the email address you provided at time of purchase. We’ll also include the step-by-step instructions on how to transfer your QuakeCoin over to your QUAKE wallet on the BlockQuake Exchange. And if you have any questions, our Customer Support Team is available to help.
Token Sale
The BlockQuake Exchange is a digital asset trading platform that features many of the most highly liquid cryptocurrencies paired against one another and fiat currencies. BTC, ETH, LTC, USDT are already listed and these other popular cryptocurrencies will be added during Q2 2022, ADA, BCH, DAI, DOGE, DOT, EOS, ETC, FTM, LINK, MANA, MATIC, OMG, PAX, PAXG, SHIB, SOL, TUSD, USDC, XLM, and XRP. Before the end of 2022, it is expected that over 250 trading pairs will be available.
Once you complete your $100 USD minimum purchase of QuakeCoin tokens, you will be notified to register for a BlockQuake Exchange account by visiting: https://exchange.blockquake.com/signup.
All you need to do is create an account on BlockQuake Exchange after completing your QuakeCoin token purchase. After creating your account, you will be asked to check your email to confirm your account by entering a Verification Code.
DO NOT do anything further relating to KYC/AML verification. If you have successfully purchased QuakeCoin tokens, you do not need to perform a second KYC/AML verification.
Within forty eight to seventy two hours you will be granted full access to the BlockQuake Exchange and incur no trading fees on the first $100,000 USD in annual trading activities; after we have loaded your successful KYC/AML verification into BlockQuake Exchange.
Family Office, Institutional and Retail traders are all eligible.
After September 1st, 2022 it is encouraged you hold your QuakeCoin tokens in QUAKE wallet on the BlockQuake Exchange to qualify for future benefits mentioned earlier; including possible NFT airdrops.
If one billion tokens are purchased by less than one million people, the sale will end and Lifetime Memberships will no longer be available. To ensure you obtain Lifetime Membership, purchase your QuakeCoin tokens once the sale begins.
- February 14th, 2022 to April 15th, 2022:
- Token price $0.50 USD (i.e. fifty cents)
- Bonus of twenty five percent (i.e. 25%) or fifty (i.e. 50) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Referral of five percent (i.e. 5%) or ten (i.e. 10) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Bonus of twenty five percent (i.e. 25%) or fifty (i.e. 50) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Token price $0.50 USD (i.e. fifty cents)
- April 16th, 2022 to May 31st, 2022:
- Token price $0.50 USD (i.e. fifty cents)
- Bonus of twenty percent (i.e. 20%) or forty (i.e. 40) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Referral of five percent (i.e. 5%) or ten (i.e. 10) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Bonus of twenty percent (i.e. 20%) or forty (i.e. 40) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Token price $0.50 USD (i.e. fifty cents)
- June 1st, 2022 to June 30th, 2022:
- Token price $0.50 USD (i.e. fifty cents)
- Bonus of fifteen percent (i.e. 15%) or thirty (i.e. 30) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Referral of five percent (i.e. 5%) or ten (i.e. 10) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Bonus of fifteen percent (i.e. 15%) or thirty (i.e. 30) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Token price $0.50 USD (i.e. fifty cents)
- July 1st, 2022 to July 31st, 2022:
- Token price $0.50 USD (i.e. fifty cents)
- Bonus of ten percent (i.e. 10%) or twenty (i.e. 20) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Referral of five percent (i.e. 5%) or ten (i.e. 10) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Bonus of ten percent (i.e. 10%) or twenty (i.e. 20) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Token price $0.50 USD (i.e. fifty cents)
- August 1st, 2022 to August 15th, 2022:
- Token price $0.50 USD (i.e. fifty cents)
- Bonus of five percent (i.e. 5%) or ten (i.e. 10) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Referral of five percent (i.e. 5%) or ten (i.e. 10) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Bonus of five percent (i.e. 5%) or ten (i.e. 10) QuakeCoin tokens per $100 USD (i.e. one hundred dollars) spent
- Token price $0.50 USD (i.e. fifty cents)
All QuakeCoin token holders will be notified to register for a BlockQuake Exchange account by visiting: https://exchange.blockquake.com/signup. Access to the BlockQuake Exchange will occur within forty eight to seventy two hours (i.e. 48-72) of purchase completion (i.e. allowing time to load KYC/AML verification so QuakeCoin token holders do not have to go through the process again).
The BlockQuake Exchange access allows immediate trading of crypto to crypto pairings as well as fiat to crypto pairings. Once QuakeCoin tokens are available to be distributed to purchasers, BlockQuake will send these tokens to the wallet address provided when the purchase was completed. Payment options available for buying QuakeCoin tokens include BTC, ETH and PayPal.
To trade on the BlockQuake Exchange, you must move your QuakeCoin tokens from the wallet address you provided when purchasing occurred; into your QUAKE wallet on the BlockQuake Exchange. We will provide you with detailed instructions to assist you with this process.
QuakeCoin tokens earned via referral bonuses will be locked up and unavailable to be traded until December 1st, 2022 in order to protect all investors from a selloff event by excellent marketeers who could have earned substantial referrals during the sale period.
- Technology and product enhancements – an estimated 40% of the QuakeCoin sale proceeds will be directed towards technology and product enhancements including, but not limited to:
- Platform Development – to support the ongoing development of BlockQuake Exchange, including hiring an inhouse team and contracting with an experienced development team capable of building similar software and one dedicated to advancing the uses of blockchain into FinTech.
- Banking Infrastructure – to support the acquisition of a United States (US) FDIC insured bank and building the technology stack upon this traditional foundation to expand fiat on and off ramps for our customers globally
- Establish international banking infrastructure/relationships in order to have a direct link back into the US based banking ecosystem
- NFT marketplace – to build a proprietary platform to discover digital masterpieces by established and new artists, animators & storytellers where people can buy, sell, and showcase NFTs from leading creators and brands
- Human capital – an estimated 25% of the QuakeCoin sale proceeds will be directed towards onboarding current and future BlockQuake teams throughout the organization including, but not limited to:
- Administration
- Banking
- Business development
- C-Suite executives
- Compliance and regulatory
- Customer Service
- Engineering and development
- Risk management
- Security including cyber
- Marketing – an estimated 20% of the QuakeCoin sale proceeds will be directed towards marketing including, but not limited to:
- Community building and management
- Digital
- Email campaigns
- Static billboards
- Television and Radio
- Legal and regulatory – an estimated 15% of the QuakeCoin sale proceeds will be directed towards legal and regulatory including, but not limited to:
- New York State Bitlicense
- US Broker Dealer/ATS license
- US Money transmitter licenses
- US National Futures Association (NFA) and the Commodities Futures Trading Commission (CFTC) licenses
- International licenses for jurisdictions including, but not limited to:
- Australia, Brazil, Canada, India, Japan, Mexico, Nigeria, South Korea, United Arab Emirates, United Kingdom