Important Notice
Deposits and withdrawals are not currently available for this coin.
QuiverX is a utility token used within the QuiverX Capital platform that focuses on the tokenization of non-crypto-related small and medium-sized businesses. It is designed to facilitate decentralized crowdfunding and operates as a bridge between the digital and physical worlds.
QuiverX operates on the Ethereum blockchain, employing blockchain technology to enable the tokenization of assets. The platform uses smart contracts to manage decentralized crowdfunding efforts. Following Ethereum's transition to Proof of Stake (PoS) with the Merge, QuiverX also utilizes Ethereum's PoS consensus mechanism to secure its operations.
QuiverX serves as a peer-to-peer decentralized crowdfunding platform with applications in various industries where tokenization offers benefits. These industries include real estate, precious metals, art, renewable energy, and data monetization. By leveraging blockchain technology, QuiverX aims to revolutionize how crowdfunding and asset tokenization are implemented, offering new funding avenues for small and medium-sized businesses.
QuiverX (QRX) is a cryptocurrency token launched to support the QuiverX Capital platform, a decentralised crowdfunding initiative aimed at helping small to medium-sized enterprises (SMEs) raise capital through tokenized equity. The platform utilised blockchain technology for transparent bookkeeping and partnered with Chainlink to integrate proof-of-reserve solutions, offering on-chain updates of off-chain earnings. Despite its innovative approach and initial success, with an all-time high of $0.1542 in March 2021, QuiverX has since become inactive, marked as 'Untracked' as of December 2024 due to insufficient market data and trading activity. Its decline suggests challenges in maintaining adoption and operations.