Initiative Q (free airdrop)

airdrop

#1

For those of you who do not frequent the discord chat, i wanted to share a free airdrop with you. its probably vaporware and completely worthless but hey, if its not, then you got something free.

the below text is their copy and paste invite.

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.

Here is my invite link: https://initiativeq.com/invite/r8BWGX167

This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.

take it or leave it. again, probably vaporware, but who knows.


Anybody heard of Q payments / currency?
#2

Used your link. Seems like a joke, but free ish is good ish, as college kids say. I’m supposed to remind you, @GrillingWithGuns to verify my registration.

If anyone wants to register, and @GrillingWithGuns’s link is no longer working.

Here is my invite link: https://initiativeq.com/invite/H4LbeS167

" For the next 14 days you can invite and verify up to 5 friends and secure 2,434 Q tokens for each. Your invite will allow them to also reserve Qs early, and help expand the Q network."


#3

Signed up as well bro.


#4

Signed up now its asking me to ask @GrillingWithGuns to verify my account, so if you could do that Grilling we will both benifit.
Cheers :+1:


#5

“it’s like a self-fulfilling prophecy. As millions join, advanced payment technologies are deployed, the payment system becomes even more popular, the Q currency becomes valuable, and rewards given to early users reach their potential value.”

this part. #7 is so fishy


#6

It says you need to verify me, b but if you are out of invites what do I do? @GrillingWithGuns


#7

i’ve verified all that used the link


#8

the whole thing is fishy. not solving a problem that isn’t already being solved by 800 other projects


#9

here is an…interesting snip from their website…

How is this different from Bitcoin and cryptocurrency?

Cryptocurrency is a brilliant solution to a problem that doesn’t exist.

Cryptocurrency is digital money that is hard to counterfeit. While the mathematical foundation is ingenious, an “immutable money ledger” is far from being a major need today. Our money is already digital, in the form of bank computer records, and no one is worried that these records will suddenly disappear. This is due to a robust system of trust and governance that protects individuals from such risks.

While many dislike this complex system, it works reasonably well and there is still no better alternative. In fact, the anti-counterfeiting measures that cryptocurrencies offer create an array of much worse problems:

  1. Transferring security risk to the currency owners: Removing banks from the system also removes the protection that banks provide in security, fraud prevention, and dispute resolution, leaving individuals vulnerable to theft, scams, and human errors.

To protect themselves, cryptocurrency users are expected to undertake complicated security procedures such as generating cryptographic keys using dice, entering them into an unused laptop that is later destroyed, storing the keys using special hardware from multiple manufacturers, and keeping paper backups in bank safes.

Comparing that to credit cards, which allow consumers to make payments using just a few unencrypted numbers while being fully protected from losses, underlines how far cryptocurrencies are from becoming the currency of the future.

  1. Unstable value: A basic requirement for a currency is stability and predictability in purchasing power. This requires a carefully managed monetary policy that matches the money supply to current economic activity. Cryptocurrencies have either no monetary policy or an overly simplistic one. As a result their value fluctuates rapidly, rendering them unhelpful for purchases and trade, with all activity driven instead by speculation.
  2. Legal controls: Whether we like it or not, governments still hold ultimate power and they insist on regulating currency transfers, financial transactions, investments, and their underlying mechanisms. Any currency that attempts to circumvent such regulations, including most cryptocurrencies, will face an uphill battle to wide scale adoption.
  3. Reversibility: No matter how good a system is, if humans are involved there will be mistakes and misunderstandings. Allowing transactions to be reversed benefits both buyers and sellers in the long-term, as customers can engage in the market more confidently. Of course, reversing a transaction should be allowed only for certain reasons — something that can only be determined by human beings following procedures. This goes against the decentralized nature of cryptocurrencies, making wide-scale adoption difficult.
  4. Waste: Bitcoin’s energy consumption is equivalent to that of 6,000,000 households and emits 90,000,000 kg of CO2 (200,000,000 lb) every day. Worse, all that energy is spent to support just 2 transactions per second—a far cry from the thousands of transactions per second on the credit card network.

Initiative Q’s main goal is to achieve global adoption, and Initiative Q therefore prioritizes ease of use, stability, security, efficiency, and legality, over abstract goals like decentralization. This is a real world solution for real world problems. It is based on a network of Q agents, who employ thousands of people, conform to local regulations, and ensure that members receive quality customer service and are fully protected from thefts and scams, without requiring them to become security experts.

However, some of the concepts behind cryptocurrency are valuable, and may be deployed in Initiative Q’s backend, for settlement between Q agents — where these disadvantages become negligible.

Read our full payment vision here.


#10

also, the whole “you only have 5 invites” is nonsense. just false scarcity to create urgency. once you reach 5 they send you a message saying you have 10 more, and so on…


#11

here is my link still have 5 spot
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.

Here is my invite link: https://initiativeq.com/invite/Br21sXkTX

This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.


#12

Just another network marketing model for crypto enthusiasts to swap their private data for.


#13

Used your link mate.

Here is my invite link: https://initiativeq.com/invite/BVwdGfl6m if anyone still needs one, share the love :slight_smile:


#14

Verified you @Lennytrader. Thanks for being the first to use my link :beers:


#15

this Initiative Q is all over social media now… even Facebook pages posting invite link. lol.
i am staying away…


#16

This is a scam. Imma just call it. But then again. When I hear a gamer youtuber talk about Initiative Q… then the red flags appear in my brain.


#17

My dad sent me a link to initiative Q guys. Tread very carefully


#18

lol its crazy how quickly this spread like wildfire, dctv news report comming soon on this.


#19

exactly, if your friends that are not into crypto start posting this shit, big red flag


#20

yes, they are not into crypto. one meme page started posting the link. lol