Hello BQ.net Users,
We are one year old today and we wanted to give you an update on our progress in the past year as well as a look ahead to the many great things to come.
BQ.net has been growing rapidly this year. Teams in the United States, China, HK and all over the world are achieving our goal of creating a decentralized data transmission network and scalable exchange.
As 2019 comes to an end BQ.net would like to express our thanks to investors, communities and supporters who helped us achieve the following accomplishments:
- We have accumulated more than 2 million registered users in 3 months
- Once ranked third in traffic in global digital currency exchange, with 11.4 million monthly visits.
- Over 150,000 community members.
- Our App has also received over 10k positive reviews after the official launch.
5.We have been given a rare high score of 8.5/10 by the world's leading blockchain agency, CryptoPotato.
We received investments from prestigious institutions, including the NGC and Consensus Venture Group, giving us a great opportunity to be exposed to more supporters and investors.
Our team is also expanding very fast, attracting more and more people who are aligned with our vision and would like to contribute to the ecosystem. Our team member’s background includes working with Ethereum, Yahoo, Microsoft, Baidu and so on.
In this year, We have entered into many strategic partnerships worldwide including:
- Cooperation with US digital currency exchange platform Bittrex (commonly known as B network), enabling us to gain access to all the cryptocurrencies from Bittrex as well as Bittrex International.
- Joined the Bittrex Global Community Token Referral Program (TRP) as Bittrex’s official listing referral partner, helping to bring in quality projects for both platforms and accelerate the listing process.
- Deepening our partnership with Colletrix (CIPX) to create new market value for all ecosystem stakeholders.
- Launch Fantastar Program which will enable all of it's participants to benefit from the model and create a sustainable and mutually beneficial ecosystem.
- Invest into the Majorana Incubator(M Incubator), provides cooperation opportunities among the ecosystem's participants.
- Airdrop partnership with Biniuniu, which will enable them to provide users with choices of high-quality digital asset and promote the industry's healthy growth.
- Strategic partnership with Spend.com to create the first system in the world to offer a service that supports digital and fiat currencies available within the Spend App, which is directly linked to a Spend Visa Card® anywhere Apple Pay and Google Pay is accepted.
These partnerships help us build our network globally and provide enhanced customer support and increase incentives for the users of the platforms. The focus of our team to engage more people in the participation of our network, to make alliances, create more opportunities and have more members in the community who participate in the the new staking system.
Since the official launch of Launchpad in May this year, We have received applications from hundreds of projects around the world. We launched several high quality projects out of a large amount of applications. Our platform Token - BQQQ IEO achieved great success in June. Following that, we have successfully completed the IEO of Colletrix (CIPX) in August which was oversubscribed by 150%.
Through our IEO service, We strive to become the world's leading IEO service provider, and to be supportive of global blockchain start-ups. We will continue to offer a complete suite of services for digital asset projects like business model assistance, marketing and promotion, and providing encryption tokens for blockchain startup teams.
In order to build our ecosystem, we launched our native token BQQQ in June.
It was impressive that BQQQ IEO was oversubscribed within a few seconds in all three phases. In order to accelerate the growth of the market and provide users with better liquidity, we announced the first buyback and burn of 24,652,643 BQQQ in September.
The mid-term goal is to make BQQQ trading pairs available for investment and blockchain start-up projects traded on our platform. We will continue to buyback and burn BQQQ in accordance with the market development, and continue to make BQQQ the most deflationary platform token.
In order to help high-quality blockchain projects to improve awareness and develop influence in the cryptocurrency ecosystem. We announced several new listing of projects this year. Meanwhile, We also provides a full range of consulting services for projects, enabling these blockchain projects to benefit from our team's years of experience deep in the industry, and to allow good projects to focus on what really matters: developing products and increasing utility rate.
Next year we will promote quality projects in-full-force. Our aim is committed to building a world-class Asian blockchain asset trading platform by providing global investors with a safe, convenient, professional, and honest trading environment.
We believe the rapid growth of the platform requires the support of users. So, tricks do not suffice, and only sincere incentives will build a loyal group of supporters which will lead to a healthy and progressive development. To attract the true believers and supporters we held Loyalty Rewards Carnival in June. We also held semi-anniversary carnival in July to help the users to see the long-term benefits.
There are also multiple other reward programs running on our platform, including airdrops, swaps, trading competitions, giveaways and referral programs aiming to give back to loyal users.
In the past year, we held AMAs(ask me anything) with community members nearly every month on the prospects, adoption, and development model of the exchange to give the investors an in-depth understanding of the our advantages and team.
Overall, the overwhelming solidarity and support from our global community makes us deeply humbled and moved.
Vision for 2020
We intend to build a brand new public chain to tokenize network connectivity and transmission capacity. We are going to:
- Grow with the new website BQ.net to build, share, and owned by the community.
- Screen high-quality projects more efficiently, speeding up the listing process and development of blue chips in the token ecosystem with the role of Bittrex's official listing referral partner
- Meanwhile, strengthen our business and ecosystem development for our native token BQQQ, and continue to expand our community.
So in the end we decided to stick to our guns, strictly follow the rules, and really try to compete by winning the heart and support of investors, communities and supporters. We will treasure the golden age of blockchain industry and build something that we will be proud of and never regret, forever.
CEO of Bitsdaq
January 29, 2020