Cryptocurrency investments are going mainstream and most people have some crypto holding in their portfolio. With the rise of these investment routes, there has also been a surge in the number of services that aid with the different needs of the users.
Managing your crypto wallet, trading, and applying for IDOs requires the use of multiple apps. On top of that, you also need third-party apps for news and community participation. The use of multiple platforms also comes with issues of your data security.
Quarashi is a platform that incorporates a suite of solutions to the range of problems crypto users might encounter. The platform also addresses social media requirements with its integrated chat and news feeds.
Project Road Map
Initially, the team imagined Quarashi as a secure chat application. Despite this, as the team went into development, they soon realized the possibilities in expanding the capabilities of the platform.
First imagined in late 2020, development on the Quarashi Network started off in early 2021. In Q2 2021, Quarashi launched its native token QUA and started the development of the mobile app. Further, they spend the rest of 2021 developing the Quarashi wallet, Q-chat, and VPN capabilities. Going forward Quarashi will expand its platform’s capabilities in different stages.
Q1 2022 will see the development of the wallet UI and TestNet of Staking Smart Contracts. This phase will also see the addition of Fantom Network and Go Chain Network to the Quarashi wallet. Following this will be the third phase of the ICO. This will also see development for chat from WebSockets to P2P. Added to this is the token transfer chat screen for users.
Q2 2022 Quarashi will start the development of the IOS platform and implementation of Visa and Mastercard payments in the wallet. This phase will also see the TestNet of the Token Transfer Chat screen between users. The exchange listing of the Quarashi Token will also be carried through. Completing the Mainnet Staking Smart Contract and the UI for the Quarashi wallet is scheduled for this phase.
Q3 2022 is set for the development of the Quarashi DEX in the Quarashi wallet. Implementing Bitcoin Chain in Quarashi wallet is also a major milestone set for Q3. The development in chat will include Mainnet Chat from WebSocket to P2P and Mainnet Chat Token Transfer chat screen between users.
Q4 2022 will see Mainnet Quarashi DEX in the Quarashi Wallet. During the same time, the project will also develop its Airdrop module.
In the next year, 2023, the project aims for the Mainnet Airdrop Module in Quarashi Wallet. This will be followed by the start of the IDO/IEO Launchpad Development.
An ambitious road ahead is thus being planned. Such a project will also require a good token distribution to ensure a liquid network for efficient transactions.
Here is a breakdown of the allocation of $QUA:
- 35%: Public Sale
- 18% Marketing
- 15% Development
- 12% Team
- 10% Liquidity
- 5% Reserves
- 2.2.% Seed
- 2.8% Pre-Sale
The Quarashi Team
Behind the scenes, Quarashi has a dedicated team working to make the app successful. Let’s go ahead and meet them.
- Alexandru Petre, Founder and Project Lead is an active investor and trader in crypto. He has been active in the crypto space since 2014 and envisages the mass adoption of crypto. His focus is to develop technology that will actively make crypto a part of everyday life.
- Madalina Antohe is the winner of the Best Email Marketing Communication in eCommerce Awards Gala (GPEC) in 2018. This makes her well placed to be the head of marketing.
- Luca Bica, who is also part of the marketing team, is an expert in Digital Marketing and management.
- Ibrahim Khalil is the backend developer of the team and he is a highly proficient programmer. He is an expert in multiple programming languages with significant experience in eCommerce-related development.
The Future for Quarashi Network
The second phase of the ICO started on December 1, 2021, and continued till the 15th with a price of $0.06/QUA. As for the upcoming airdrop, you can check out Airdrop Alert as usual to get your free tokens. The project will airdrop 165,000 $QUA to 2000 lucky users. Following a few steps can make you eligible for the airdrop. Getting in early and being part of the Quarashi community might be an investment worth looking into this winter.
Want to learn more? Check out CryptoRut’s deep-dive into Quarashi Network on Youtube.