Contents
- 1 Overview of Q DAO Governance token v1.0
- 2 How secure is QDAO DeFi?
- 3 Q: Are my payments secure?
- 4 Q: Can I change my vote?
- 5 Q: Can ZUZ token be used somewhere else besides Coalichain?
- 6 Q: Do I need to pay for a vote?
- 7 Q: Does Coalichain accept international debit/credit cards?
- 8 Q: How can i be a part of Coalichain network?
- 9 Q: How can I be a part of the leader network?
- 10 Q: How different is ZUZ Token compared to other cryptocurrencies?
- 11 Q: How does Coalichain verify the authenticity of leaders on its network?
- 12 Q: How secure is this network and will my information remain classified?
- 13 Q: How to vote & follow my favorite leader?
- 14 Q: I don’t want to vote but want to invest in ZUZ, can I do that?
- 15 Q: I have some Bitcoins can i use it to purchase ZUZ tokens?
- 16 Q: I want to cancel my vote as the leader did not stand up to his name, how can i do it?
- 17 Q: What are Smart Contracts?
- 18 Q: What is a cryptocurrency?
- 19 Q: What is a ZUZ Token?
- 20 Q: What is Coalichain all about?
- 21 Q: What is Ethereum Blockchain?
- 22 Q: What is it built on and why is it the safest voting platform?
- 23 Q: What is the role of Blockchain in Coalichain?
- 24 Q: What is the voting mechanism on Coalichain?
- 25 Q: Who can vote?
- 26 Want Daily QDAO Price Updates?
- 27 What are the benefits of QDAO DeFi to lenders?
- 28 What assets are available now?
- 29 What is QDAO DeFi?
- 30 Why choose QDAO DeFi?
- 31 History of Q DAO Governance token v1.0
Overview of Q DAO Governance token v1.0
How secure is QDAO DeFi?
Assets are stored on Cold Wallets with an absolute level of security.QDAO DeFi activity is legal and permitted through an EU license.
Q: Are my payments secure?
Any and every payment made on our platform is secure, because the platform itself is built on blockchain which is generally considered the gold standard for security.In addition to this we do use the EV SSL certificate along with this we have an advanced WAF in place which keeps any major attacks at bay.Our platform also goes through VAPT (Vulnerability Assessment and Penetration Testing) every few months to keep a check on our platform and to weed out any minor loopholes.
Q: Can I change my vote?
Yes, absolutely there is no compulsion on you to stick to one candidate, you can always Un-Vote or change your vote if you feel so by just a tap of a button.
Q: Can ZUZ token be used somewhere else besides Coalichain?
It can be traded just like any other cryptocurrency in the market, but Coalichain is the only platform where it can be used as of now.
Q: Do I need to pay for a vote?
No, it is completely free to be a part of the network and register as a voter.
Q: Does Coalichain accept international debit/credit cards?
Yes to purchase ZUZ token on our platform, Coalichain does accept international debit and credit cards, the money would be debited in USD and there will be some nominal currency conversion charges which will be levied, if your primary currency is not in USD.
Q: How can i be a part of Coalichain network?
Download the Coalichain Mobile Application (public release on April 2018) and join for free as a voter.
Q: How can I be a part of the leader network?
You will have to signup into our network, fill the application form and upload your personal verification ID proof which can be your passport or any national Identification card approved by the government.As soon as you do this you can create a “Leader” profile for yourself.
Q: How different is ZUZ Token compared to other cryptocurrencies?
ZUZ token’s use case is mainly to facilitate governance as it will be used on the platform to avail various types of services the platform offers, it can also be liquidated and traded just like any other digital currency.
Q: How does Coalichain verify the authenticity of leaders on its network?
Coalichain does various background checks on leaders including KYC.All this data is collected from various verified sources and only then a leader can be a part of our network.
Q: How secure is this network and will my information remain classified?
Being built on blockchain, it is the safest platform to enter your personal information, besides this, Coalichain is a social voting platform and your name and profile picture (optional) will be visible to the public, but we will never share your private details with anyone.
Q: How to vote & follow my favorite leader?
Our platform has a very simple and lucid interface, all you need to do is to download the App, select your leader and tap on Vote.For your first vote in the app you’ll be asked for some verification items just to make sure that you are eligible to vote for the specific leader.
Q: I don’t want to vote but want to invest in ZUZ, can I do that?
By second quarter of 2018, ZUZ token will become tradable and hence it can be invested upon.
Q: I have some Bitcoins can i use it to purchase ZUZ tokens?
Yes ZUZ tokens can be purchased using Bitcoins, Ethereum and any FIat currencies.
Q: I want to cancel my vote as the leader did not stand up to his name, how can i do it?
You can cancel your vote and vote someone else, or don’t vote at all, it is completely up to you to take a call.
Q: What are Smart Contracts?
Smart Contracts is an application in the ethereum blockchain which connects people to the blockchain and is ultimately a mode of communication between the users and the platform.
Q: What is a cryptocurrency?
A cryptocurrency is basically a medium of exchange stored on blockchain built on cryptography.It is a digital peer to peer currency i.e; it is a decentralized form of currency.How it differs from the regular currency is that, banks keep a record of all the transactions and manage the database, whereas in this every peer keeps a record of all the transactions and is them one the transaction between two is verified then this is added to a block in the blockchain which can then never be altered and is permanent.
Q: What is a ZUZ Token?
A ZUZ token is a cryptocurrency of Coalichain built on ethereum blockchain.It is the only way to avail the services of Coalichain.The platform uses this as the mode of payment because it is secure and has a value which can later be liquidated to any currency.
Q: What is Coalichain all about?
Coalichain is the first decentralized political platform built on blockchain, connecting citizens with their leaders and governments.
Q: What is Ethereum Blockchain?
Ethereum is a decentralized platform on which Coalichain is built on.Decentralised means that none of the data is stored at a single place and is merely a peer to peer network.The system remains transparent with almost no downtime.The system is perfect for a platform like Coalichain as creates transparency which a system like this badly needs, because of trust issues amongst voters & leaders and Opposition Parties.
Q: What is it built on and why is it the safest voting platform?
Coalichain is the bridge that empowers citizens to interact directly with their Elected Leaders, eliminating once and for all the communication gap that exists between citizens and governments.
Q: What is the role of Blockchain in Coalichain?
Blockchain is the backbone of Coalichain.It makes the system decentralized, transparent and open.No one can make any changes in the system without changing any subsequent blocks or data points in the blockchain.As a result of which Coalichain cannot change anything at their end because the system is a peer to peer network.
Q: What is the voting mechanism on Coalichain?
A voter can vote the leader he/she follows using the Coalichain platform.Coalichain is a social platform for better governance, every voter can directly interact with the leader and speak to them about their problems.Once satisfied after reviewing their performance over the due course of time, the voter can place his vote on our app.
Q: Who can vote?
Anybody can vote, all you need to do is become a part of the network by signing up and completing the formalities.Once your profile has been activated, you can catch up with the latest news circulated by the Coalichain, follow your favorite leader, support him in his/her campaigns by micro funding them and ultimately voting them.
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What are the benefits of QDAO DeFi to lenders?
Growing program popularity creates great interest and grants stable interest rates with attractive lending conditions.
What assets are available now?
Users can choose from 17 highly-demanded cryptocurrencies, including BTC, ETH, USDT, etc.Tokenized stocks will be added in the near future.
What is QDAO DeFi?
QDAO DeFi supports smart investments in liquid cryptocurrencies, instant fiat loans and deposits with the highest interest rates.
Why choose QDAO DeFi?
The program provides the most lucrative and profitable deposit and lending conditions while keeping the lowest possible rates for borrowers.