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Since 2018 Quahl was giving away free amounts of Q currency to people who join the network, which is by invite only, and the amount of money drops as more people join the network and will stop on the launch date. It has been said that each Q has a value around one US dollar. "The more people join the
324:
Quahl's goal was to create a new payment system rather than replace payment cards and paper money. It is "creating a new currency (Quahl) and distributing it to anyone who helps speed up adoption." Quahl is not a cryptocurrency and is not decentralized, but will instead be overseen by an independent
412:
In
November 2021, Quahl's main site and app announced the pause of new subscriptions for now as the size of the community (10 million users) and its growth was not sufficient to launch a new currency. It said it was investigating possible ways to move forward in a way that would bring value to the
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community, and if it did not find a reasonable option, it would delete all user data. As of
November 2022 the project is no longer live and all personal information has been permanently erased.
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in
November 2018 that it was "not a scam" and that the scheme wouldn't "make you fabulously wealthy. It is, nonetheless, an interesting idea."
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without the fee. Huszák enumerated potential problems with the scheme such as no clear crypto-currency security measures, unclear transaction/
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341:. The currency reserved for registrants will not be released until a critical mass of adopters identify themselves. In November 2018,
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reported that countries with large numbers of registrations included India, Brazil, United States and United
Kingdom.
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306:, who previously founded Fraud Sciences, a payment security company acquired by PayPal. Quahl is backed by
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reported that more than two million people had signed up in 180 countries. Later the same month,
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764:[Will the Internet be crazy about a new MLM pay-per-view system - but is it fake?].
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532:"This serial founder wants to challenge Visa through a 'global currency' for the future"
49:
Please help update this article to reflect recent events or newly available information.
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628:[Learn what is Initiative Q, a project that promises virtual money for free].
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316:. The initiative has indicated it will not take measures to evade state regulation.
1276:
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729:"Initiative Q: an elementary pyramid scheme with grandiose ideas [Update]"
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wrote "Is
Initiative Q real or fake? Short answer – we have absolutely no idea."
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797:[Initiative Q gathers 5 million sign ups with free money promise].
795:"Initiative Q reúne 5 milhões de cadastros com promessa de dinheiro grátis"
626:"Saiba o que é Initiative Q, projeto que promete dinheiro virtual de graça"
494:"What is Initiative Q? Payment network insists it's not a 'pyramid scheme'"
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824:"What is Initiative Q: Is it the new bitcoin, or just one big fake scam?"
693:"Initiative Q is not the new Bitcoin, but here's why the idea has value"
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762:"Megőrül az internet az új fizetéses MLM-rendszerért - Kamu lenne?"
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456:"This new would-be currency isn't crypto — but is it for real?"
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29:
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590:["Q coin" suddenly rises, is it the next Bitcoin?].
43:
Parts of this article (those related to lede) need to be
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wrote that the marketing style could be "perceived as a
594:(in Chinese (Hong Kong)). CUP Media. 12 November 2018.
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In contrast, Brendan Markey-Tower, economist at the
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530:Baumer, Lilach; Hirschauge, Orr (23 August 2018).
389:by the largest holders of currency. Owen Gough of
660:"20% of signups for new digi-currency from India"
559:"eBay Acquires Fraud Sciences For $ 169 Million"
27:Speculative payment network and digital currency
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325:monetary committee, similar to a central bank.
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793:Matsuura, Sérgio (14 November 2018).
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598:from the original on 22 November 2018
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7:
836:from the original on 1 November 2018
774:from the original on 31 October 2018
705:from the original on 6 November 2018
624:Gusmão, Gustavo (14 November 2018).
506:from the original on 30 October 2018
468:from the original on 9 November 2018
760:Huszák, Daniel (31 October 2018).
25:
727:Kelly, Jemima (26 October 2018).
454:Nittle, Nadra (8 November 2018).
329:network, the more value it has."
1370:
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492:Chung, Frank (29 October 2018).
361:In October 2018, Frank Chung of
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34:
822:Gough, Owen (2 November 2018).
288:was an attempt to create a new
47:. The reason given is: defunct.
1407:Multi-level marketing products
436:"INITIATIVE Q LTD - 515853752"
1:
1428:
1356:
923:Payment service providers
385:costs, and potential for
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691:Markey-Towler, Brendan.
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398:University of Queensland
587:Q 幣」突然冒起,是否下一個 Bitcoin?
373:" and Daniel Huszák of
1232:Sarvatra Technologies
379:multi-level marketing
339:multi-level marketing
333:Marketing and rollout
284:), formerly known as
133:; 6 years ago
942:Airtel Payments Bank
296:. It was created by
1412:2018 establishments
387:market manipulation
237:Native client(s) on
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1402:Digital currencies
665:The Times of India
351:The Times of India
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314:Lawrence H. White
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195:William J. Luther
184:Lawrence H. White
159:Initiative Q, LTD
131:May 30, 2018
93:Available in
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16:(Redirected from
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1277:Worldline SA
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863:. Retrieved
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838:. Retrieved
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805:. Retrieved
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776:. Retrieved
767:Portfolio.hu
765:
738:. Retrieved
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669:. Retrieved
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470:. Retrieved
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375:portfolio.hu
360:
336:
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323:
301:entrepreneur
285:
253:
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228:Registration
146:Headquarters
82:Type of site
52:
44:
18:Initiative Q
1180:paysafecard
1123:Paymentwall
709:22 November
698:Stuff.co.nz
602:22 November
499:news.com.au
472:22 November
402:Stuff.co.nz
391:Digital Spy
363:news.com.au
231:Invite only
205:James Caton
190:Marc Rysman
55:August 2024
1391:Categories
1048:Freecharge
947:Amazon Pay
865:2023-10-03
840:7 November
778:1 November
740:31 October
638:10 January
592:cup.com.hk
570:8 November
564:TechCrunch
543:31 October
510:1 November
417:References
400:, said on
165:Founder(s)
138:2018-05-30
114:Portuguese
1328:PayDirect
1308:Billpoint
1175:Openbucks
1138:Braintree
952:Ant Group
807:1 January
671:1 January
408:Cessation
357:Criticism
311:economist
304:Saar Wilf
281:k-oo-ah-l
170:Saar Wilf
1366:Category
1323:Wirecard
1287:YooMoney
1272:WebMoney
1262:VersaPay
1257:Verifone
1247:Tata Neu
1170:Neteller
1160:PayPoint
1128:Payoneer
1113:Passport
1083:MobiKwik
1063:Ingenico
1009:Cash App
1004:Afterpay
994:BillDesk
834:Archived
772:Archived
703:Archived
596:Archived
504:Archived
466:Archived
383:exchange
120:Japanese
1318:Clinkle
1301:Defunct
1252:Tencent
1202:PhonePe
1165:Paysafe
856:"Quahl"
800:O Globo
461:Vox.com
347:O Globo
343:Vox.com
298:Israeli
246:Android
136: (
128:Founded
117:Russian
108:Spanish
102:Chinese
99:English
45:updated
1242:Stripe
1237:Shift4
1227:Remita
1185:Skrill
1143:Zettle
1133:PayPal
1073:Mi-Pay
1068:Klarna
1043:Dwolla
1014:Square
972:Wallet
930:Active
111:French
105:Arabic
1343:Ukash
1217:Quahl
1192:Paytm
1148:Venmo
1103:Opayo
1098:Nuvei
1088:Nagad
1058:Gopay
1031:WePay
999:Block
989:bKash
957:Apple
937:Adyen
860:Quahl
631:Exame
254:Quahl
219:quahl
156:Owner
67:Quahl
1376:List
1348:Zong
1333:Qiwi
1313:C2it
1292:Zeta
1267:Veem
1212:QRIS
1197:PayU
1153:Xoom
1118:Paya
1093:Nexi
1021:BPAY
984:BHIM
979:Atom
962:Card
842:2018
809:2019
780:2018
742:2018
711:2018
673:2019
640:2019
604:2018
572:2018
545:2018
512:2018
474:2018
367:scam
292:and
221:.com
1338:Tez
1078:Mir
1038:CNG
967:Pay
369:or
242:iOS
214:URL
1393::
858:.
832:.
826:.
750:^
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444:^
425:^
269:ɑː
266:uː
244:,
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642:.
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272:l
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260:/
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.