What Is XQuake (XQK)?
XQuake (XQK) is a project that aims to become the world's charity token, using blockchain technology to help manage an innovative enterprise blockchain-as-a-service solution that assists charity organizations, government organizations, and individuals in receiving donations in times of need. XQuake is built on the XRP Ledger (XRPL) and is designed to be fast, cheap, scalable, and reliable. The project's primary focus is on helping earthquake-affected regions, and it intends to secure all necessary licenses and approvals to comply with regulations in relevant markets. XQuake's goal is to become the most widely accepted payment option in the global charity sector.
Who Are the Founders of XQuake?
The founder or founders of XQuake are unknown.
What Makes XQuake Unique?
XQuake (XQK) is unique in several ways:
Purpose: XQuake was specifically created with the goal of becoming the world's charity token, with a primary focus on helping earthquake-affected regions. The project's founders aim to leverage blockchain technology to manage an innovative enterprise blockchain-as-a-service solution that helps charity organizations, government organizations, and individuals receive donations in a time of need.
Technology: XQuake runs on the XRP Ledger (XRPL), which is known for its high speed, low cost, scalability, and long-term viability. This allows for efficient and cost-effective transactions, making it an ideal payment option for the charity sector.
Donation Wallet: XQuake has a unique feature, a Donation Wallet, which is open to anyone who wishes to make an additional donation in both XRP and XQK. A percentage of current account holdings will also be donated in times of need based on community voting.
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Community Focus:** XQuake places a strong emphasis on building a global community of users and partners within the charity sector. The community is involved in the decision-making process, and the project's success depends on community involvement and support
Bitrue Delisting
In a recent and unexpected development, the XQuake XQK / USDT trading pair has been delisted from the Bitrue exchange platform. This action was taken without any prior announcement or explanation from the XQuake team. The sudden removal of the XQK / USDT pair from Bitrue highlights the dynamic and often unpredictable nature of cryptocurrency markets and underscores the importance of staying informed about the latest developments in the space. As of now, there is no official statement from the XQuake team regarding this delisting.
XQK DEX Selling
XQuake employs a financial strategy where at least 3% of its total supply is sold monthly to fund its operations. This routine sale is primarily aimed at covering costs related to project operations, with a significant focus on marketing expenses. This approach indicates a structured liquidation tactic to ensure steady funding for essential operational activities, especially marketing efforts.
Cross-Chain
XQuake, an organization dedicated to charitable causes, has broadened its footprint in the digital currency realm by introducing several tokens, including ASH, XQK, and SQK. Notably, SQK has been released on the Stellar Network. By deploying these tokens across various blockchain platforms, such as the XRP Ledger for ASH and XQK and Stellar for SQK, XQuake demonstrates its strategic use of blockchain technology to advance its philanthropic efforts. This approach highlights the organization's innovative tactics in embracing the diverse capabilities of different blockchain systems to further its charitable mission.
What purpose does XQuake (XQK) serve?
XQuake (XQK) serves as a token that runs on the XRP Ledger (XRPL) and is designed to become the world's charity token. Its primary focus is on helping earthquake-affected regions. XQuake (XQK) aims to leverage blockchain technology to manage an innovative enterprise blockchain-as-a-service solution that helps charity organizations, government organizations, and individuals receive donations in a time of need. The donation wallet, which is an important feature of the project, allows anyone to donate XRP or XQK tokens to the cause. XQuake (XQK) intends to become the most widely accepted payment option in the global charity sector, and its ultimate vision is to become the world's ultimate charity money.
Related Pages:
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Tokenomics
Total Token Supply: 87 billion XQK tokens, defining the market availability and scarcity.
Airdrops: Initiatives include an initial airdrop for certain trustline holders, multiple airdrops, and rewards for token holders, aimed at encouraging engagement and investment in XQK.
Donations: 10% of the total token supply is allocated to a public, transparent donation account, used for charitable donations to support earthquake-affected areas. This account is refillable and makes donations when it reaches approximately $10,000 USD.
Team and Marketing: 10% of the tokens are set aside for operational costs, including marketing, staff, and listing expenses, essential for the project's sustainability and growth.
This tokenomics model balances charitable goals with practical operational needs, reflecting a unique approach in blending philanthropy with cryptocurrency incentives.
Where Can You Buy XQuake XQK?
XQuake XQK is a token trading on the XRP ledger DEX, the most straight forward way to acquire XQK tokens would be to purchase them through XRPL DEX.
How to stay tuned for further updates?
If you wish to receive more updates about the XQuake ecosystem and any upcoming events, we suggest you follow @officialXQK on Twitter.
