Initiative Q. The future of payments!

Initiative Q is the brainchild of Saar Wilf, a serial entrepreneur who started his first payments start-up in 1997, and later founded Fraud Sciences, which redefined the payment security space and was acquired by PayPal in 2008.

Wilf has compiled a team of experts from a variety of disciplines, including mathematics, economics, and other social sciences. The economic and monetary models were developed with Economist Lawrence White, a professor of monetary theory and policy at George Mason University, and reviewed by Initiative Q advisory board.

The idea behind Initiative Q is to first create a critical mass of users, which can then be harnessed to create the world’s best payment network. Therefore, our primary focus is to get millions of Q members registered, after which we will continue recruiting the world’s top professionals in payment systems, macroeconomics, and Internet technologies.

Q - The future of payments!
Q – The future of payments!

The Q Payment Network. A future for the money

Initiative Q is creating a modern payment network that will aggregate the best ideas, innovations, and technologies developed in recent years. The Q payment network will allow safe, fast, and low-cost transactions, using a global currency. Many of the ideas that Initiative Q will include already exist in some form, but thus far they have gained only limited acceptance, and there is no universal system that integrates them all. This is due to a classic chicken and egg barrier: No buyer wants to join a new network with no sellers, and no seller will offer a payment option that no buyer uses. Initiative Q will overcome this barrier by distributing its currency — the Q — for free to early adopters, creating an incentive for its adoption and use.

Click here to view the paper that gives a taste of the innovations and improvements that the Q payment network will offer.

The Q Economic Model. A future for the people

Every Q network member wants to know how valuable Qs can become. If Initiative Q succeeds in creating a world-leading payment network, it is expected that all Qs reserved today for members will eventually be granted at a value of roughly one US dollar per Q.

Money for nothing. M x V = P x Y

Click here to view the economic model that explains the reasoning behind this estimate and the mechanisms used to maintain the long-term value of Qs along with the growth of the Q network.

Joining Initiative Q is by invite only (see why), so, if you want to be part of the money revolution, you can use a CIALU.NET invite until they finish.

Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of payment 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 the CIALU.NET invite link:

This link will stop working once we are out of invites. Let us know in the comments after you registered because we need to verify you on our end. Cheers!

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