Liquid, the globally-sourced platform that bridges the worlds of fiat and crypto launched by cryptocurrency company Quoine last month has now announced new updates to the Liquid ICO platform.
CryptoNinjas also learned that on the next upgrade, the Liquid team will implement an additional discount for token buyers paying with QASH, the native token of the Liquid platform.
The Liquid ICO platform aims to provide investors and token issuers with a simple and seamless experience.
Now the company has introduced 4 new features to further enhance the service:
- Soft cap – The soft cap feature gives users an extra layer of security. If an ICO does not raise enough funds to hit the soft cap that has been set, all investors will be fully refunded.
- Private sale lockup – With the private sale lockup period, token issuers can set the duration of the token lock-up so that private sale investors cannot simply sell their tokens with an unfair advantage over retail investors after secondary listing.
- USD payment – Liquid now offers USD as a payment method for ICOs. Users can fund their Liquid account with USD and use it to invest in the Liquid hosted ICOs.
- USD settlement – Finally, and perhaps most importantly, Liquid implemented USD settlement so that token issuers can have full flexibility of the funds they receive after the completion of their token sale.
ICOs currently hosted on Liquid include:
XAYA – The TRUE Blockchain Gaming Platform
iCash – Insurance for the Blockchain
ASOBI COIN – The world’s first Distributed Secondary Content Platform
In 2017, Quoine launched Qryptos, its crypto-to-crypto exchange, later in the year, it was one of the first companies granted an official license from the Japan Financial Services Agency to operate a crypto exchange. The Liquid platform was built on the back of a successful ICO, with Quoine raising over $100 USD million in the token sale for QASH.
