Quoine head of operations Seth Melamed says this would entice the BCH community into their platform.
Quoine, the first global cryptocurrency firm in the world to be officially licensed by the Japan Financial Services Agency (FSA), has just added Bitcoin Cash (BCH) as a cash in option in its ICO Mission Control platform. Quoine currently has two cryptocurrency exchanges called Qryptos and Quoinex, which will reportedly be merged into one.
Quoine’s ICO Mission Control is a platform where cryptocurrency projects can easily launch token sales—where administrative processes such as AML and KYC, fiat to crypto conversion, and different token sale stages are made easy for project holders. In a press release, QUOINE Head of Operations Seth Melamed says the addition of BCH would help attract more users into the platform.
“When we add a new funding currency, we’re extending an invitation to that community because we want as many people as possible to be able to take part in not just ICOs, but also private sales, on our dedicated platform. With ICO Mission Control we have created a new utility for BCH and opportunities for BCH holders to spend their tokens,” he said.
Melamed says their ICO Mission Control is all about giving more people access to the cryptosphere by making things easier and safer—since they make sure projects are screened thoroughly before listing them.
“ICO Mission Control is about bringing ICOs back to the people. The ICO space has been broken for too long. Not only is it extremely complicated and laborious to take part in an ICO, let alone several, but it’s also incredibly risky as scammers lurk around every corner. We do extreme levels of due diligence for all the projects we list on the QUOINE ICO platform and we aim to bring our customers a steady stream of high quality projects,” he said.
“Bringing ICOs back to the people” has been a consistent pledge from Quoine. In May, CFO Katsuya Konno’ stated the same principle at the CoinGeek Conference, saying the world is moving into an age where fund raising is democratized—a message consistent with their vision on their website.
“The future of finance is distributed. Democratization of finance has begun,” they wrote. “The power is in everyone’s hands.”
Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.
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