{"id":4297,"date":"2021-01-30T08:46:40","date_gmt":"2021-01-30T08:46:40","guid":{"rendered":"https:\/\/tokpie.io\/blog\/?p=4297"},"modified":"2024-10-19T18:38:34","modified_gmt":"2024-10-19T18:38:34","slug":"defi-accelerator-quai-token","status":"publish","type":"post","link":"https:\/\/tokpie.io\/blog\/defi-accelerator-quai-token\/","title":{"rendered":"What is QUAI token? The First DeFi Accelerator"},"content":{"rendered":"\n

How many new DeFi and other blockchain projects come into the market every week? A lot! How many of them will you find alive in a year? That’s right – a few! Why? The reason is simple – lack of competence and funds. So, to solve this problem, the tech and decentralized finance experts created the QUAI DAO Accelerator Platform. Let’s learn about the issues that the platform is aiming to solve and how to obtain its QUAI token.<\/p>\n\n\n\n

Update<\/strong>: the web is not working.<\/p>\n\n\n\n

What\u2019s the QUAI DAO Platform and its QUAI Token?<\/h2>\n\n\n\n

The QUAI DAO is the community of blockchain & fintech professionals armed with the sophisticated platform to provide DeFi startups with expertise and funds. The QUAI token is the cryptocurrency aiming to drive QUAI DAO progress. <\/p>\n\n\n\n

What’re the problems QUAI DAO solves?<\/h3>\n\n\n\n

Despite\npopular belief, the launch of a blockchain startup is a complicated endeavor.\nIt requires many different capabilities, knowledge, and experience. For\nexample, a creator can be a very talented blockchain architect, but he cannot\ndrive international awareness and tune the right tokenomics. As a result, a\nteam of two-three enthusiasts doesn’t have enough competence to succeed.\nMoreover, not wise spending of scarce funds leads to a crypto project’s\nfailure. The Crypto market is so untransparent that the cost of the same\nservices can vary by ten times.<\/p>\n\n\n\n

At the same time, investors don’t want to take 99% risks. They don’t want to buy the project’s coins in the early stage of development. Therefore, promising startups die silently, and investors lose a potentially high ROI. <\/p>\n\n\n\n

How does the Accelerator provide a win-win solution for projects and investors?<\/h3>\n\n\n\n

The Accelerator helps crypto projects set up their businesses including smart contracts, native blockchains, token design, whitepaper rework, etc. Moreover, projects can get funds on the QUAI DAO platform. Thanks to the win-win\u00a0solution, investors can securely buy promising projects’ cryptocurrencies. Simultaneously, projects get money from the QUAI DAO Liquidity Pool for reaching pre-defined milestones. So, wouldn’t it be a wrong idea to suggest crypto projects and investors apply on the QUAI’s DAO Accelerator platform and solve\u00a0problems<\/a>\u00a0all at once?\u00a0<\/p>\n\n\n\n

What’s the QUAI token?<\/h3>\n\n\n\n

The QUAI is an ERC20 token. It’s an integral part of QUAI’s DAO Accelerator Platform. Token’s owners can stake it, add to the liquidity pool, wrap to vote proxy tokens, benefit from discounts on projects’ token sales, and apply on DeFi Dapps. Learn below how to trade QUAI on Tokpie exchange. <\/p>\n\n\n\n