QuarkChain Network is a high-throughput blockchain that aims to achieve more than hundreds of thousands on-chain transactions per second (TPS). The high-capacity system will solve the scalability problem that current main blockchains are facing.
This problem is so urgent that bitcoin community can’t wait to reach an agreement. Different solutions compel the community to split through a controversial hard fork.
According to Wikipedia: “Quark is a type of elementary particle and a fundamental constituent of matter. Quarks combine to form composite particles called hadrons, the most stable of which are protons, the components of atomic nuclei.” Similarly, we hope QuarkChain can be the foundation of the blockchain world. QuarkChain aims to enable a wide range of applications and to build a versatile blockchain world.
|Total Token Supply||10b QKC|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
Token sale And Usage
please read these terms of token sale and usage carefully. if you do not agree to these terms (as defined herein), do not purchase (whether through an intermediary or otherwise) or continue to hold or use qkc (as defined below). these terms do not constitute a prospectus or offering document, and are not an offer to sell, nor the
solicitation of an offer to buy any investment or financial instrument in any jurisdiction. by making a contribution to the seller (as defined below) or any intermediary for the purchase of qkc, or by continuing to hold or use qkc which you may have obtained by any other means, you will be bound by these terms and all terms incorporated herein by reference. by accepting these terms, you will be entering into a binding agreement with the seller, which terms contain provisions which affect your legal rights. the purchase, holding and usage of digital tokens is subject to a number of risks (including financial risk), some of which we have set out in these terms. if you are in
any doubt as to the suitability or otherwise of purchasing, holding or usage of the digital tokens referred to in these terms, you should seek appropriate professional advice. nothing in these terms constitutes legal, financial, business or tax advice and you should consult your own legal, financial, tax or other professional adviser before
engaging in any activity in connection herewith.
QKC is a cryptographic utility token. The purpose of QKC is to facilitate the participation in the “QuarkChain” network (the QuarkChain Network) which, when fully developed, is envisaged to be an infrastructure level high-throughput network incorporating novel sharding-based blockchain architecture that aims to meet the global commercial standards, to support a variety of applications such as distributed social media, high frequency trading, Internet of Things (loT), gaming, and payment. Eventually, it is the goal for the QuarkChain Network to include tools for the blockchain community and developers to design and build applications within the ecosystem thereon. The QuarkChain Network is not, and will in no case be, an enterprise, corporation, partnership or other entity or body corporate established under the laws of any jurisdiction, but a computerized consensus protocol based on which a public transaction ledger is generated.
QKC is designed to be the only mechanism by which a user may obtain access to certain products and services on the QuarkChain Network (when the same is completed and deployed). For each exchange of services or products on the QuarkChain Network, the costs are to be quantified in QKC and paid to the QuarkChain Network and/or the other party providing the service. The goal of introducing QKC is to provide a convenient and secure mode of payment and settlement between participants who interact within the QuarkChain Network.
ACKNOWLEDGMENT AND ASSUMPTION OF RISKS
You acknowledge and agree that there are numerous risks associated with purchasing QKC, holding QKC, and using QKC for participation in the QuarkChain Network. If you have any queries or require any clarification regarding these risks, please contact us at [email protected]
You are responsible for implementing reasonable measures for securing the digital wallet, vault or other storage mechanism you use to receive and hold QKC which you have purchased, including any requisite passwords, tokens, private key(s) or other credentials necessary to access such storage mechanism(s). If your passwords, tokens, private key(s) or other access credentials are lost, you may lose access to your QKC. We cannot be responsible for, and are technologically unable to recover, any such losses.
Risks associated with markets for QKC
There is no prior market for QKC and the QKC token sale may not result in an active or liquid market for QKC. QKC is intended to be used solely within the network for the QuarkChain Network, hence there may be illiquidity risk with respect to any QKC you hold.
The tax characterisation of QKC is uncertain. You must seek your own tax advice in connection with the purchase, holding and/or usage of QKC, which may result in adverse tax consequences to you, including withholding taxes, income taxes and tax reporting requirements.
To the fullest extent permitted by applicable law, you release the Seller and the other Indemnified Parties from responsibility, liability, claims, demands and/or damages (actual and consequential) of every kind and nature, known and unknown (including, but not limited to, claims of negligence), arising out of or related to disputes between users and the acts or omissions of third parties. You expressly waive any rights you may have under any statute or common law principles that would otherwise limit the coverage of this release to include only those claims which you may know or suspect to exist in your favour at the time of agreeing to this release.
Qi Zhou Founder
Zhaoguang Wang Software Engineer
Xiaoli Ma Research Scientist
Yaodong Yang Research Scientist
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