Dear community users:
FCoin has been commissioned by QOS project team to provide technical support for its fundraising. In addition, the QOS project plans to list on FCoin Main Board C (Tokenization Reform Experimental Zone ), the project party has officially applied to FCoin.
The placement plan for the fundraising is specifically as follows:
1. The QOS project (token name QOS) has a total fundraising scale of 50,000 ETH, of which 25,000 ETH for private placement, and the other 25,000 ETH targeted placement to FCoin community members, all raised in ratio of 1ETH : 20,000QOS.
To learn more about QOS and download the white paper, please visit the official website: https://www.qoschain.io
2. The 25,000ETH raised from FCoin community will be allocated according to the FT holding percentage ratio. Community members who hold more than 10,000 FTs (according to FCoin snapshots) are eligible to participate freely in this fundraising within the scope of the quota.
3. FCoin will take a snapshot of the FT holdings on July 24, 2018 (the FT snapshot includes available balance and frozen portion) and allocate the fundraising amount according to the FT holding percentage ratio.
Snapshot and calculation method is as follows: On July 24, 2018, every hour (full hour) snapshots (available balance and frozen portion)once, And take the minimum value of 24 snapshots (need to be more than 10000 FT) as the user's baseline data, and use this data to calculate the ratio this user holding in the total data (which is the accumulated of all user's baseline data), and allocate the fundraising amount according to this ratio.
We will issue the F code for participating in this fundraising within the 24 hours after the end of the snapshot, based on the amount assigned to each FT holder.
4. It is confirmed with the QOS project party that the official start time for this FCoin community fundraising is 16:00 on July 25, 2018.
Introduction to QOS:
QOS is an operating system based on the hybrid of public and consortium chains, a unified identity authentication system, a self-motivated double-layer token protocol, a double-layer mining mechanism for super nodes + transaction mining, a distributed file system, and an interactive community between developers and users.
The QOS eco-system has included a very mature payment company, commercial bank, internet finance, and new media company as service providers.
The business scenario of more than 400,000 local merchants and more than 1,000 parking lots in 300 cities will be built on the QOS platform in the near future. The total monthly transaction flow exceeds 6 billion yuan, the number of transactions exceeds 30 million, and the platform will reach more than 50 million end users. End users will generate more than $2 billion in lending needs each month.
In the future, we will continue to add more business scenarios on QOS platform, for example, travel, takeaway, express delivery, and social service providers.
1. As a trading platform, FCoin only provides technical services for the project distributing activities to FCoin community members. The purpose of technical support is to better serve the community, and FCoin itself does not participate in fundraising activities. The Platform does not guarantee the absolute accuracy and completeness of all information, texts, graphics, links and other items. The content is only for the judgment and reference of the community members, and the platform does not assume any commercial or legal responsibility for the consequences of the announcement.
2. Project parties who apply for fundraising technical support, please refer to Description of FCoin’s technical support for allocation on market value to project parties.
July 21, 2018