QIQ

QIQ (“Quick”) is about reimagining transportation — making shared transportation greener and more accessible to the masses. Coupled with clear trends of increasing population growth and urban migration, QIQ aims to relieve the overburdened public transport systems of cities worldwide by creating its own ecosystem of green and shared vehicles.

Metropolitan public transport systems have been stretched by population growth and rapid urban migration, placing tremendous stress on such infrastructure worldwide. By solving this transportation problems and enabling more shared transport options in dense urban areas, ride-hailing platforms such as Uber, Grab, Lyft, DiDi rank among the biggest recent success stories in the tech industry. These companies succeeded partly due to their early access to large private investment capital.

QIQ differs in both its source of funding and market strategies. QIQ is launching an initial token sale (“Token Sale”) of a utility token called QIQ Token (“QTC”) that anyone can participate in. In addition, many local communities do not have a chance to voice their opinions about how their transportation system should be developed and built. QIQ believes that the current situation can be improved via blockchain technology. QIQ will be building a unique two-tiered blockchain ecosystem to benefit users in two ways: Firstly, users will be able to pay for transport services using QIQ utility tokens and will be incentivised to do so. Secondly, through a decentralised ledger, QIQ's users will be able to contribute their QIQ utility token and thus have an irrefutable record of their support in expanding QIQ’s transport ecosystem into any local community, Token contributors will be rewarded as utilisation on QIQ’s ecosystem increases.

This will enable people most affected by shared transport to participate and vote on how it should be run and managed. We believe that QIQ will be a game-changer in urban shared transport. Our ecosystem and state-of-the-art last mile fleet solutions (self-use, driver and driverless) will distinguish us from other ride-hailing platforms to gain a foothold in the lower-income segment, namely public, shared transportation.