Quoine's Secret Weapon : Its Team & Regulation

in #quoine5 years ago (edited)

I came across this post which spoke of the top ten coins in 2020 and was pretty pleased to see that I have some of the coins on the list. Of all the coins on the list, I find the QASH (Quoine) token to have one of the best potential for some great returns during 2020 or even in the next cryptocurrency bull run. The author of the post gave a few reasons to this. One was the presence of institutional money and the team at Quoine who will make it happen.I find the reasons given to be rather compelling and thus would like to add a few more points to explain why QASH is going to do well.

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Follow The Big Money

If I had my own business empire and was looking to hoard cryptocurrency, I could take the risk and buy cryptocurrencies over the counter at exchanges or I could wait for an exchange to be regulated before purchasing from them. This is where I think QASH has an advantage over most exchanges. Sure, Binance may be the biggest cryptocurrency exchange in terms of volume but it is not regulated like QASH's (Quoine) Liquid exchange. Now, before any of you start about the future of a decentralized economy and the problems with evil centralized exchanges, I do ask you to see it from the perspective of a large company.

Most companies are audited and are required to do so by an external auditor. The same goes for most government bodies. Now, imagine how that would look if an auditor finds out that a company has been buying cryptocurrencies from an unlicensed exchange. This would look rather dodgy and may get the company into some bureaucratic conundrum. This is where QASH's (Quoine) liquid exchange has a leg up as compared to most exchanges. For one, it is officially licensed by the Japan Financial Services Agency. Having a license issued by one of the world's economic superpower is no easy feat. This would allow many large companies to invest in crypto assets without the fear of auditors finding any fault with it.

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To my knowledge, QASH's (Quoine) liquid exchange is by far the only crypto exchange that is licensed by a government body. This is thanks to the team at Quoine.

The Team

Many of the team at Quoine are experienced in the Fintech industry. It is no surprise then that they are able to get the licensing needed for the exchange. That being said, getting a license is only part of the story, sustaining the entire project requires a team that is not only experienced but possess a great track record to attract institutional money. The CEO and co-founder, Mike Kayamori has just that.

Mike Kayamori has over 22 experience in areas such as investments, business management, IT and venture capital in different countries including the United States and South east Asia. He was also a senior director at Globespan Capital partners, a venture capital fund with over 1.2 billion dollars in its management portfolio. While his resume can be easily found on Google, I like how he has been invited to speak at different events. What's interesting is that his speaking engagement encompasses both Fintech and Blockchain related events. This is a testament to his qualification especially since events like Money 20/20 Asia 2019 and The Blockchain Connect Conference are rather reputable events.

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Before I move on to the next member on the team, a statement that Mike Kayamori pointed out in one of his interviews was this, "we built Quione because we were people that built exchanges for banks and other exchanges. We believe that we can and are able to build the most advanced cryptocurrency exchange in the world." I love how that statement encompasses both qualification and vision.

Another member on the team is Mario Gomez-Lozada. He was the chief information officer and head of fixed income IT Asia at Credit Suisse. Credit Suisse is a leading global financial services company that is dubbed as an integrated global bank. Mario Gomez Lozada was also the CTO of Merrill Lynch, Japan and was involved in developing software for sales and trading systems. It is no surprise then that with his expertise, the dream of building the most advanced cryptocurrency exchange in the world does not seem all that impossible.

One of the things that I like while reading one of his interview sessions, was his thoughts on holding QASH for the long term and his belief that QASH will succeed. One of the reasons is attributed to the different partnerships with banks and other institutions. This shows that aside from their Liquid exchange, much revenue will potentially pour into the project from banks around the world.

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Another note about their team is the presence of some very qualified individuals. This includes the former deputy president for Mitsubishi UFJ financial group and the former chief marketing officer of Yahoo! Japan. I always believe that it is a team that makes and breaks a project and looking at Quoine's team, I am confident that the project could potentially do well.

Conclusion

Overall, all signs point to QASH to being a rather solid project. Its just a shame that it has not have enough hype nor enough people covering it on Youtube to get more people interested in it. Nevertheless, I am excited for it because of its focus on getting institutional money on board. My hope is that it gets the same hype and coverage as Ripple in terms of how Liquid exchange will potentially disrupt Crypto exchanges.

If you are keen to find out more or if you would like to check out their project, do head on to the links provided below. In case you would like other opinions, there are a few articles which I have attached in the sources section below.

Links & Social Media Sites

· Project Website: https://quoine.com/#products

· Products & Services: https://www.liquid.com and https://coinmarketcap.com/currencies/qash/

· Quoine Team: https://quoine.com/#mission

· Quoine Story: https://www.youtube.com/watch?v=reYjxnjLLZA

· Facebook: https://www.facebook.com/QuoineGlobal/

· Medium: https://medium.com/quoineglobal

· Twitter: https://twitter.com/quoineglobal

· Instagram: https://www.instagram.com/quoineglobal/

Sources

https://www.investinblockchain.com/top-10-coins-in-2020/

https://medium.com/quoineglobal/ama-with-mario-gomez-lozada-quoine-founder-ceo-summary-377db2ea3aee

https://www.crunchbase.com/organization/quoine#section-competitors-revenue-by-owler

https://www.investinblockchain.com/what-is-qash/

Disclaimer:

Many of the findings here are researched but are based on my own opinion. I welcome any debate and discussion but I am no financial adviser. As such, always do your own due diligence before selling your kidney to invest in anything.

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