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The QabbalahBit Coin is a Store-of-Value (SoV) & Transfer-of-Value (ToV) Knowledge Network with built-in general ledger (GL) accounting functionality. We do this using a proprietary technology called Decentralized GL Classes [Copyright (R) The QabbalahBit Foundation]
The QBIT coin is the primary SoV method for a unique community cultivating a research & content production network around esoteric knowledge.
The details of the QabbalahBit Network will be discussed elsewhere, while the purpose of this document is to outline the mechanics & cryptographic incentives around the primary QabbalahBit currency QBIT.
This is what makes QBIT a deflationary coin, since with every new coin minted, the total potential supply diminishes causing the opposite effect of inflation, or deflation.
The QabbalahBit Network, currently through its custodian but eventually through a decentralized governance process like a DAO, maintains multiple markets on different blockchains in order to provide as many liquid markets for buying and selling QBIT coins.
Total Potential # of Tokens and $ Value
QBIT ETH US $ # Total US $ Value 1 0.0011111111 $3.91 600000 $2,344,666.64
QKBIT QBIT ETH US $ # 1 1000 $1.25 $4,405.13 600 $751.52
QWIZ WBTC US $ # 1 0.0011111111 $61.31 11000 $674,409.99
QMWIZ WBTC US $ # 1 1.11111111 $61,310.00 10 $613,100.00
QGMWIZ WBTC US $ # 1 11.11111111 $613,100.00 1 $613,100.00
Account Coin Quantity ETH Market US $ Market US $ Value
QBIT 450000 0.0011111111 3.91 $1,758,499.98
QBIT 60000 0.0011111111 3.91 $234,466.66 QBIT 90000 0.0011111111 3.91 $351,700.00
Fees (ETH) BTC Cost ETH Cost BNB Cost MATIC Cost
$434.00 $275.89 $218.00
$4.34 $110.36 $48.00
..... TBC ..... Open Finance for All!