Big Blue Interactive The Corner Forum  
Back to the Corner
 

NFT: Initiative Q

cjd2404 : 11/8/2018 7:02 am
I know there was a whole bitcoin alternative discussions happening months ago. I just got invited to this system. Have no real idea on it, but they seem to be offering free currency. Figure if it hits, great, if not well no harm done..

Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of credit cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.

This link will stop working once I’m out of invites.
Invite Link - ( New Window )
I just signed up. They said that you would need to verify my  
Ira : 11/8/2018 7:26 am : link
registration. My full name is Ira Post.
Ira  
jimvinct : 11/8/2018 7:56 am : link
Are you now able to invite? The first linked invitation is expired.
Try this  
cjd2404 : 11/8/2018 8:08 am : link
Link. I think it will allow more invites
link - ( New Window )
I signed up - you need to confirm my regirstration  
pjcas18 : 11/8/2018 8:21 am : link
but just thought I'd share this review:

Quote:
A currency of the future or a pyramid scheme?

Outspoken blockchain skeptic and author of the book ‘Attack of the 50 Foot Blockchain’, David Gerard, published his research findings into the project back in June, when Initiative Q first gained traction on Crypto Twitter.

He wrote: “The Q token is a centralized private currency issued by Initiative Q. It’s presently worthless, and not exchangeable even on Initiative Q’s own servers — but they aspire to it being used in their nonexistent future payment network. At that point, they intend it to be freely exchangeable with dollars."

Gerard also points out the potential risk to user privacy should Initiative Q decide to sell its database of names and email addresses to third parties and questions the reasons for a payment network to have its own native currency.

He concludes: "Initiative Q appear to be quite sincere, and not crooks. [...] If you want to sign up for some private company magic beans, hey, why not — but tread carefully. I wouldn't invest in this company in a pink fit. Someone probably will, though — the founder has a track record of founding and selling companies."

Gerard's sentiment is echoed by the wider cryptocurrency community on social media. Not only have Subreddits, Facebook groups, and Twitter been littered with Initiative Q referral links but its pyramid scheme-like structure combined with its centralized model are touching a nerve in a community that has been dealing with scams and fraudulent projects and is on the warpath against centralized institutions.


So it sounds harmless as long as you share no personal information, but it doesn't sound promising.

I did something similar during the dot com boom. A company called Travelzoo was just starting out. They wanted to get users, so they started a viral stock program.

They'd give anyone three shares of common stock just for signing up. And then you could refer people to sign up and you and they each get three shares, so sort of like a ponzi scheme to allocate shares, but they did it to draw people to their site to use their travel booking tool.

travelzoo actually went public many years later and emailed all the shareholders how to get their shares.

I wound up with a couple grand for doing nothing.

Sounds similar to this with their viral marketing.
RE: I signed up - you need to confirm my regirstration  
cjd2404 : 11/8/2018 8:25 am : link
In comment 14168629 pjcas18 said:
Quote:
but just thought I'd share this review:



Quote:


A currency of the future or a pyramid scheme?

Outspoken blockchain skeptic and author of the book ‘Attack of the 50 Foot Blockchain’, David Gerard, published his research findings into the project back in June, when Initiative Q first gained traction on Crypto Twitter.

He wrote: “The Q token is a centralized private currency issued by Initiative Q. It’s presently worthless, and not exchangeable even on Initiative Q’s own servers — but they aspire to it being used in their nonexistent future payment network. At that point, they intend it to be freely exchangeable with dollars."

Gerard also points out the potential risk to user privacy should Initiative Q decide to sell its database of names and email addresses to third parties and questions the reasons for a payment network to have its own native currency.

He concludes: "Initiative Q appear to be quite sincere, and not crooks. [...] If you want to sign up for some private company magic beans, hey, why not — but tread carefully. I wouldn't invest in this company in a pink fit. Someone probably will, though — the founder has a track record of founding and selling companies."

Gerard's sentiment is echoed by the wider cryptocurrency community on social media. Not only have Subreddits, Facebook groups, and Twitter been littered with Initiative Q referral links but its pyramid scheme-like structure combined with its centralized model are touching a nerve in a community that has been dealing with scams and fraudulent projects and is on the warpath against centralized institutions.



So it sounds harmless as long as you share no personal information, but it doesn't sound promising.

I did something similar during the dot com boom. A company called Travelzoo was just starting out. They wanted to get users, so they started a viral stock program.

They'd give anyone three shares of common stock just for signing up. And then you could refer people to sign up and you and they each get three shares, so sort of like a ponzi scheme to allocate shares, but they did it to draw people to their site to use their travel booking tool.

travelzoo actually went public many years later and emailed all the shareholders how to get their shares.

I wound up with a couple grand for doing nothing.

Sounds similar to this with their viral marketing.


I've reviewed/accepted all the folks who accepted the invite.

The guy who invited me seemed to think it was ok, and I trust him. I appreciate you finding that review.
worst case it sounds  
pjcas18 : 11/8/2018 8:26 am : link
harmless, best case you luck into some money.
I signed up - sounds interesting  
Heisenberg : 11/8/2018 8:32 am : link
Erik Blair
Here's my link if folks want to sign up - ( New Window )
Please confirm my account  
superspynyg : 11/8/2018 8:32 am : link
Thank you.
RE: Please confirm my account  
superspynyg : 11/8/2018 8:33 am : link
In comment 14168643 superspynyg said:
Quote:
Thank you.


Adam Zenzer
RE: RE: Please confirm my account  
cjd2404 : 11/8/2018 8:35 am : link
In comment 14168645 superspynyg said:
Quote:
In comment 14168643 superspynyg said:


Quote:


Thank you.



Adam Zenzer


It says waiting for your email confirmation. Once you complete that I can approve
Chris  
tbonfig : 11/8/2018 9:02 am : link
I signed up via your link as well.

Amazing what the fear of "missing out" will do to people, huh?

Let me know if you need info (I'd prefer to email if you need info).
RE: Chris  
cjd2404 : 11/8/2018 9:15 am : link
In comment 14168665 tbonfig said:
Quote:
I signed up via your link as well.

Amazing what the fear of "missing out" will do to people, huh?

Let me know if you need info (I'd prefer to email if you need info).


Yea no one wants to "Miss out" I missed the whole bitcoin thing, and figured what the hell to this one.
It all looks good. I accepted the request.
RE: Ira  
Ira : 11/8/2018 9:37 am : link
In comment 14168617 jimvinct said:
Quote:
Are you now able to invite? The first linked invitation is expired.


Yes. I got this link by email.
Link - ( New Window )
I signed up  
Existenz : 11/8/2018 10:50 am : link
from one of your links and now I'm waiting to be approved by Gangotri108
My Link  
cjd2404 : 11/8/2018 10:52 am : link
Has 2 more invites prior to me having to re initiate it also..
link - ( New Window )
Thanks, Chris  
HoodieGelo : 11/8/2018 11:42 am : link
Here is my link if all the other are not working


Link - ( New Window )
Erik, thanks for the link. Please accept my request.  
11 to 89 : 11/8/2018 11:55 am : link
Ron
Thanks everyone.  
cjd2404 : 11/8/2018 11:55 am : link
I'll bow out so others can get invites out.

RE: Erik, thanks for the link. Please accept my request.  
Heisenberg : 11/8/2018 12:00 pm : link
In comment 14168948 11 to 89 said:
Quote:
Ron

done
still two more invites left for somebody  
Heisenberg : 11/8/2018 12:02 pm : link
.
Link - ( New Window )
Anyone know who Gangotri108 is?  
Existenz : 11/9/2018 1:05 am : link
I took the link from this thread but the user still hasn't approved me and I don't want to sign up for another account through the other links because it seems they will delete both.
Thanks for the link  
Zeke's Alibi : 11/9/2018 4:13 am : link

Says Chris needs to verify.




Another link  
BigK : 11/9/2018 7:19 am : link
If needed
Link - ( New Window )
I approved  
cjd2404 : 11/9/2018 8:00 am : link
A few more last night/ this morning.

Just going to throw  
JayBinQueens : 11/9/2018 8:26 am : link
this out there in case everyone else's referral's fill up
Link - ( New Window )
Please approve mine.  
Mike in Long Beach : 11/9/2018 1:35 pm : link
Thanks, cjd.
if anyone  
njjintfan : 11/10/2018 8:46 am : link
still needs a link
Link - ( New Window )
Interesting article on Initiative Q  
Ira : 11/10/2018 9:12 am : link
http://theconversation.com/initiative-q-is-not-the-new-bitcoin-but-heres-why-the-idea-has-value-106148?fbclid=IwAR0xkyZcwxUrPmWYc4sqmGdRKVBrsO7-Sa4VxyoBJ0Ruzp6A06PRTh4F9Bs
Link - ( New Window )
RE: Anyone know who Gangotri108 is?  
Ira : 11/10/2018 9:13 am : link
In comment 14169556 Existenz said:
Quote:
I took the link from this thread but the user still hasn't approved me and I don't want to sign up for another account through the other links because it seems they will delete both.


It's me. I approved everyone who applied a little while ago.
RE: Just going to throw  
KevinBBWC : 11/10/2018 10:09 am : link
In comment 14169624 JayBinQueens said:
Quote:
this out there in case everyone else's referral's fill up Link - ( New Window )


Can you Verify me thanks.
In case the other guys ran out  
jgambrosio : 11/10/2018 12:34 pm : link
.
Link - ( New Window )
Back to the Corner