Cryptocurrencies Encyclopedia

Max Supply Circulating Supply Issue Date 438 vote(s)
10,000,000,000 3,112,670,515 2017-08-28 00:00:00 UTC
Issue Price Consensus Protocol Cryptographic Algorithm
- POW Ethash
Source Code White Paper Website BQ - Coin
bitqy is the official cryptocurrency of bitqyck. bitqy is the common thread that ties all of bitqyck’s business verticals together.

The plan and purpose for launching our own cryptocurrency centered on our desire to reward our company’s value creators – the people who take action and participate in specific activities that bring value to the company.

With the growth and excitement behind cryptocurrency, we envisioned the “reward” to be an exciting incentive for the value-creators in the company.

The total supply of bitqy is ten billion (10,000,000,000) tokens. The initial distribution of bitqy was approximately 1.2 billion tokens.

Of the 10 billion minted bitqy tokens, 75% is allocated for public acquisition/rewards and 25% is allocated for the founders group. At the discretion of the founders, an additional percentage might be allocated from the public acquisition portion for special projects, growth events such as mergers and acquisitions, charity, etc. NOTE: in accordance with the discretion of management, these percentages may change.

The initial distribution of bitqy’s circulating supply was done through direct transfer of bitqy from the contract owner account to the qyckwalletTM accounts of thousands of bitqyck token holders. bitqyck affiliates become token holders by earning bitqy through actions and activities taken throughout the bitqyck network of businesses.  
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