QuickX Protocol

QuickX Protocol

Created using Figma

Last Update

Aug 11, 2018

QuickX is a novel protocol designed specifically to cure the many fatal flaws that are hindering the mass adoption of Cryptocurrencies today. It performs transactions off the chain for same Blockchain assets and utilizes pooling facilitators who supply liquidity for cross chain transfers of crypto assets.
QuickX provides instant, seamless transfer of different cryptocurrencies between two parties. This transfer occurs without users having to pay a high network fee; the utilization of pooling facilitators who facilitate cross-chain transactions instantaneously, drastically reduces the costs.
QuickX features a multicurrency wallet, a multicurrency debit card, a cryptocurrency swap option, and a payment gateway. These features make cryptocurrencies viable in non-virtual global transactions suitable for the masses
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • AscendEX (BitMax)
    QCX/USDT one year ago
    $ 0.0001
    $ 25.71
    -
    -
  • BitGlobal
    QCX/USDT one year ago
    $ 0.0051
    -
    -
    -
  • Bilaxy
    QCX/USDT 2 one year ago
    $ 0.0072
    $ 13.17 K
    -
    -
  • AscendEX (BitMax)
    QCX/BTC 3 one year ago
    $ 0.0122
    $ 283.96
    -
    -
  • Hotbit
    QCX/USDT 3 one year ago
    $ 0.0209
    $ 6.642 K
    -
    -
  • LATOKEN
    QCX/BTC 3 one year ago
    -
    $ 2.25
    -
    -
  • Hotbit
    QCX/BTC 3 one year ago
    $ 0.0142
    $ 56.23 K
    1.22%
    19.76%
  • LATOKEN
    QCX/USDT 3 one year ago
    -
    $ 0.0002
    -
    -
  • LATOKEN
    QCX/ETH 4 one year ago
    $ 0.0105
    -
    -
    -
  • TokenJar
    QCX/WETH 4 one year ago
    -
    -
    -
    -
  • Idex
    QCX/ETH 5 one year ago
    $ 0.0644
    $ 3.222 K
    7.22%
    -92.31%
Token sale
Aug 20, 2018
Sep 30, 2018
100% completed
Raised funds - no Data
Cap 10 000 000.00 USD
past
  • 1 QCX
    =
    0.05 USD
Company Details
Registered Country
Malta
Additional Details
Platform
Ethereum
Whitelist
Yes , from Aug 10, 2018 till Aug 31, 2018
Categories
Platform

About QuickX Protocol

QuickX performs transactions off the chain for same Blockchain assets and utilizes pooling facilitators who supply liquidity for cross chain transfers of crypto assets. Through this, it accelerates the transaction speed greatly, dissolves the interoperability problem between different Cryptocurrencies, relieves the transaction fees and also solves the issue of scalability.

Features

QuickX features a multicurrency wallet, a multicurrency debit card, a cryptocurrency swap option, and a payment gateway. These features make cryptocurrencies viable in non-virtual global transactions suitable for the masses

QuickX Protocol Roadmap

  • November 2017

  • Launched beta Version of Multi-Currency Wallet- Android App
  • December 2017

  • Legal and Token Sale Development
  • January 2018

  • Tested QuickX Debit Cards, Users spent $100,000
  • February 2018

  • Security Testing and Auditing of Smart Contracts
  • Read More
  • Q2 2018

  • Token Sale
  • Q3 2018

  • Multi Currency Wallet (Android Version)
    Extensive Research on QuickX protocol
  • Q4 2018

  • Crypto Debit Card supporting multiple currencies
    Multi Currency Wallet (iOS version)
  • Q1 2019

  • Structuring of QuickX protocol
    Addition of more Cryptocurrencies in Wallet
  • Q2 2019

  • QuickX Protocol Alpha Version Launch
  • Q3 2019

  • Testing of Alpha version of QuickX Protocol
  • Q4 2019

  • QuickX Protocol- fully functional and Operational
  • Q1 2020

  • Currency Swap using QuickX Protocol
  • Q2 2020

  • Integration of more payment methods with QuikX Protocol
  • Q3 2020

  • Market Expansion and bringing more Blockchains to a single

QuickX Protocol Team

Verified 25%

Attention. There is a risk that unverified members are not actually members of the team

2 ICO

$601 583

Kshitij Adhlakha
Founder and COO
verified

2 ICO

$601 583

Vaibhav Adhlakha
Founder and CEO
verified
Viv Thapar
Growth Hacker
unverified
Tom Cheung
China Community Manager
unverified
Illia Horodetskyi
Community Manager
unverified
Sunny Ukeachu
Africa Community Manager
unverified
Suki Chendrawan
Bussiness Head South East Asia
unverified
Andrii Syliuk
Bounty Manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

6 ICO

$12 240 620

Adnan Javed
ADVISOR
unverified

6 ICO

$77 323 071

George Kimionis
Advisor
unverified

11 ICOs

$828 062

Jorge Sebastiao
Advisor
unverified
Oz Sultan
Advisor
unverified
Yaroslav Belkin
Advisor
unverified
Steve Tsao
Advisor
unverified

2 ICO

$3 210 000

Mourad Redjah
Advisor
unverified
Jeremy Wade
Advisor
unverified
John Dalli
ADVISOR
unverified

Former members

Sachin Rana
Digital Marketing Head
Gyanesh Maheshwar
Singapore Community Manager

QuickX Protocol Interviews

KSHITIJ ADHLAKHA
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
QuickX is solving the major problem which is hindering the mass adoption of Blockchain assets. QuickX is changing the status of your cryptocurrencies from a share like object to a spendable currency in real life.
VAIBHAV ADHLAKHA
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
This project is by very experienced Team working in technology since 2010 and having Finance minister of Malta and CEO of Coinomi on board is an added advantage.
SACHIN RANA
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Awesome project with great innovations and team members

QuickX Protocol Last News

$ 0.0002
-0.38%
Crypto Stats
Daily, %:
-0.38%
Weekly, %:
-0.60%
Monthly, %:
-5.78%
Market Info
Market Cap:
Volume 24h:
$ 4.70
Circ. Supply:
Ticker:
QCX
ICO profit
X 0.0030
ICO Price~$0.0500

QuickX Protocol Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

QUICKX PROTOCOL is an innovative and decentralized platform that provides effective solutions to blockchain technology critical problems leading to scalability and faster cross-border transfer of blockchain assets  while making cryptocurrency suitable for mass adoption in day-to-day transactions.

PROS:

  • Faster transactions: The platform enables instant  and seamless transfer of different cryptocurrency  between  two parties  regardless of the amount without the users  paying  a higher network fee
  • Lower cost: The platform eliminates the  users  from paying higher network fee with the transaction cost reducing time over time as more  and more pooling facilitators join the platform
  • Multi-cryptocurrency: The platform allows the users to hold any QRP-compatible blockchain assets  which they can convert into another cryptocurrency  at any time
  • Trust and security: The pooling facilitators performs all the transactions in a decentralized  manner  and the users hold private keys for their cryptocurrencies ensuring a secure storage of the cryptocurrencies
  • The platform has an elaborate white paper giving proper details to the users on the platform implications in the improvement of the cryptocurrency use as a means of payment
  • The platform has a credible team with the required skills and experience  led by the CEO and the Founder Vaibhav Adhlakha

CONS:

  • The platform mobile application is not highlighted with procedural illustrations on its use
  • The platform doesn’t give the  crytocurrency trends and their values  to give the users easy choice
  • The platform white paper doesn’t give the value of the QuickX token  at the pre-sale stage

SUGGESTIONS:

  • The platform technical team should develop a mobile application to enable the users to easily access the platform services
  • The platform  should  involve QuickX token in the pre-sale to raise adequate funds for the project implementation
  • The platform white paper should give a proper  trend for the commonly used crytocurrencies to enable the users choose their  favourite  cryptocurrency based on their suitability

NOTE:

The platform use streamlines the need of cryptocurrencies in the crypto market and blockchain in ensuring faster and secure transactions. This makes the project viable and I would invest in it.

Read More
primei.co
review

Strength and Opportunities:
QuickX believes that connecting different blockchains is the key to mass adoption of blockchain technology in a comparable way as it was achieved by the TCP/IP protocol for connecting different intranets in the early days of the internet. There is a vesting scheme in place for founders and advisors. This means that the team can not immediately sell the tokens after the ICO. This provides an incentive for the team to deliver the promises as specified in the roadmap.
Weaknesses and Threats:
There are other cryptocurrencies that follow a similar approach as QuickX such as TenX or Comit. However, what makes QuickX different is the objective to implement instant cross-chain transactions through pooling facilitators. QuickX claims that it will be able to exchange crypto tokens faster, more secure and with lower transaction fees compared to Kyber Network and 0x. It remains to be seen if the technology developed by QuickX indeed will be able to deliver these superior characteristics compared to already established protocols like 0x and Kyber Network with multi million USD market capitalizations. One of the main problems that prevents cryptocurrencies from adoption as a mainstream payment method is the volatility of cryptocurrencies. Even if QuickX presents technical solutions that solve current problems with blockchain technology such as transaction fees and interoperability, it remains unclear how mainstream adoption will occur as long as the price volatility of cryptocurrencies is high. As research has shown users are reluctant to pay with an asset that fluctuates in value by 10% per day or even more.
Verdict:
The biggest challenge that is preventing cryptocurrency from mainstream adoption as a payment method is price volatility. This challenge is not solved by QuickX. In terms of interoperability of cryptocurrencies there are serious competitors for QuickX such as 0X and Kyber Network. It remains to be seen if QuickX can outperform these already established platforms as planned in the white paper once the QuickX network is launched in 2019.

Read More
  • Due to potential time differences in information updates, please verify the accuracy of each ICO project through its official website or other official communication channels.
  • This information is not intended as a recommendation or suggestion for ICO investment. Please conduct thorough research on the relevant information and make your own informed decision regarding ICO participation.
  • If you identify any issues or errors in this content, or if you wish to submit your own ICO project for listing, please contact us via email at info@icoholder.com.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.