Initiative Q: Legit Cryptocurrency Payment Network Or Fraud?

2018-7-24 15:10

What Is Initiative Q?

Initiative Q is another cryptocurrency company coming to the industry with the promises of easy money. As you might as well know, a company promising easy money is usually hiding something. The basis of Initiative Q is earning profits through a unique social payment structure. The first thing I noticed on the page was a ticker with money going down on it – the number continually dropping.

It’s a total scarcity and urgency tactic used by marketers to encourage or scare them to take a specific action. In this case, the website is full of all sorts of little games to play or buttons to click. In the industry, these are known as micro-commitments, small actions you get a user to take to build slight amounts of trust, so that in time they will take larger more lucrative actions for your cause or company.

Now that initial observation is out of the way, let’s dig into the company.

How Initiative Q Cryptocurrency Payment Network Works

The first thing I notice is the company doesn’t put much focus on the services and benefits they provide. Instead they focus more on the setbacks of others in the industry, a great way to pull attention of themselves. By showing the downsides of an industry, they unknowingly are boosting the way website visitors perceive them without providing any real information on themselves.

They do make some good points however, it’s pretty much well known that the payment processors used today are somewhat old and outdated, incurring high fees for any transactions made on them. Putting a big need in the industry for new payment solutions to improve the way people pay for things online.

Most users are used to what they use however, making it difficult for new payment systems to get a footing or really take off. Buyers are comfortable where they’re at for the most part, but Initiative Q is attempting to break into the payment processor sphere to provide users with improved ways to pay for goods & services online.

Claims that a new payment processor could potentially end up seeing 20 trillion a year in transactions is rather unrealistic. Initiative Q really has no basis for the claims they make, being completely unable to provide any information whatsoever on how they plan on achieving these massive numbers.

It’s supposedly going to happen using their Q currency, with millions of people joining the company’s project movement. Unfortunately, there isn’t enough information on the website to back these numbers, so I can’t support the belief it’s going to work until seeing more data. They give no indication on who is running the show or on the team, plus, no location information is provided on the business’ headquarters. Both are considered signs of scam companies looking to get fast money before ducking out, taking advantage of unsuspecting investors.

Initiative Q Conclusion

They compare their company to receiving free bitcoin, something too good to be true. As far as I can say, the company is suspicious. I can’t justifiably recommend anyone to invest into Initiative Q without more information on the team, business model, coin, metrics, and company location. If you still want to invest with the company, please do so at your own discretion with caution and carefulness, so as to not be taken advantage of like the millions of other investors who already have been.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.00320342 (-100%)

initiative company easy money cryptocurrency payment profits

initiative company → Результатов: 20


Pearl Pay Launches Initiative to Solve OFW Problems

Bitcoin Press Release: Pearl Pay is working on an ecosystem of products that will help Filipinos across the globe facilitate their money transactions, faster and cheaper. July 19, 2018, Manila Philippines – Pearl Pay, a Financial Technology Company that helps Small Banks, Financial Institutions and MSMEs (Micro, Small and Medium Enterprises) through its secured mainstream […] The post Pearl Pay Launches Initiative to Solve OFW Problems appeared first on Bitcoin PR Buzz.

2018-7-19 09:52


Фото:

R2’s Corda Blockchain Platform is endorsed by insurance group B3I

The world’s largest blockchain insurance consortium will use R3’s Corda platform to build its upcoming products, the company announced Monday. The Blockchain Insurance Industry Initiative (B3i), the independent company founded by Allianz, Aegon and Swiss Re, and supported by AIG and AIA, will use the platform to advance a prototype reinsurance blockchain, as well as

2018-6-18 13:51


Viola.AI, AI Singapore and Singapore Management University Announced Strategic Partnership to Develop Robust AI Matching and Recommendations Engine for World’s First Lifelong Love AI

SINGAPORE, 8 June 2018 – Viola. AI, the blockchain-powered dating and relationships AI has announced its strategic partnership with AI Singapore, a Singapore government initiative to catalyse, synergise and boost the nation’s AI capabilities, and Singapore Management University (SMU) to provide dating and relationship solution for singles, couples and married couples with quality matches, date arrangements, helpful relationship advice and recommendation of goods and services.

2018-6-12 21:00