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That is a huge move by the company.
QUAN
It is just beginning.
QUAN
$QUAN "Quantum International Corp. (QUAN) Decreases Outstanding Shares"
$QUAN CEO Justin Waiau's LGCY Blockchain. https://lgcy.network LootUp will be running on LGCY Network.
Although blockchain has come a long way, it is still very early in its development and the blockchain is not user friendly for the non-tech savvy. Blockchain users still use long random strings of letters as send/receive addresses that are easy to mess up. Funds are often sent to the wrong address, resulting in permanent loss. On LootUp, we're creating a revolutionary middle process feature that will require users on the receiving side to confirm payment or allow the sender to cancel before their transaction is confirmed. Additionally, we are integrating an invoice option which will require the receiver to sign and confirm before receiving funds.
Some of the features promised by LootUp include:
Non-custodial: LootUp never physically controls users' funds with everything managed via smart contracts
Simplicity: Users can send crypto payments to usernames and not long random addresses that can be confusing
Confirmation: Recipients must confirm or cancel payments enabling the sender to maintain control using decentralized broker wallets.
Invoicing: Users can attach relevant invoices together with outgoing payments
Built In Messenger App: Users can securely chat & interact to discuss payments
Marketplace: Users can access a marketplace enabling them to buy and sell via their crypto wallet
Reputation: Users can grow their reputation without sacrificing privacy. Free for anonymous users and premium will allow for KYC and fully verified users.
The team at LootUp believe that the days of writing a check, or running to an ATM to pay back a friend or manage a simple transaction, will soon be a thing of the past.
"LootUp makes crypto simple; in fact, users won't even really need to think about it as crypto but rather LootUp. It will feel like a normal payment app, but better!" concluded CEO Justin Waiau.
QUAN
Company's CEO, Justin Waiau, has already been driving innovation and disruption within the blockchain sector having recently led the launch of LGCY Network, a Layer One Blockchain able to process over 10,000 transactions at a cost of just a few cents per transaction. Building on the LGCY Network enables LootUp to be constructed on a fast, secure, and stable platform.
"Cryptocurrency is the way of the future, but no one has simplified it for the average user. Most people still find it very confusing to use. LootUp is bridging the gap between traditional and modern payment apps for a safe and easy way to integrate crypto payments. The company will keep you informed on our progress. We will go into more detail on more aspects of the LootUp App in upcoming Press Releases. We are very excited about the future of the LootUp App and Quantum International Corp.," stated CEO, Justin Waiau.
Quantum International Corp. held a Board Meeting for the purpose of the election of a new Board Member. The following individual has been nominated and elected to the board.
Bill Wyland Entrepreneur and Owner of Bill Wyland Galleries LLC
"The Company is proud to announce that Bill Wyland will be joining our team as a new Board Member," said CEO Justin Waiau. "Bill has been a pioneer in the art business and we look forward to having his entrepreneurial expertise and insight on our Board of Directors."
About LootUp
Welcome to a New Era of Decentralized Payments. LootUp, a Non-Custodial P2P Payment Platform, aims to become the first globally adopted decentralized payment platform that is self-regulated and which is backed by a digital asset.
$QUAN
$QUAN Quantum International Corp. (QUAN) Provides The Origins Of The LootUp App And The Technical Reasons It Was ConceivedPress Release | 04/25/2022
Denver, Colorado--(Newsfile Corp. - April 25, 2022) - Quantum International Corp. (OTC Pink: QUAN), today is providing the origins of the LootUp App.
An explanation of the origins and the technical reasons Justin Waiau and his team from LGCY decided to build LootUp.
The LGCY Blockchain team debated for months on tokenomics, ethics, and decentralization trying to create a bulletproof blueprint without ego. Satoshi's vision was to have Bitcoin be perfect and never altered. The LGCY team felt that perfection was not possible nor should it even be a goal. As time changes the technology needs to be able to change along with it. It is impossible to create future proof tech, but tech that can grow with the future should be the goal of any good company.
LGCY Network is not about perfection, it's about being flexible and adapting. This is how they came up with the Governing Bodies.
LGCY Network utilizes a Delegated Proof of Stake system of government. Governing Bodies are a group of incentivized and educated delegates that vote on network proposals. Not everyone should be allowed to vote on what changes need to be made on a network (as in the classic Proof of Stake system). But token holders should be allowed to have their vote represented by a qualified delegate.
The biggest contribution to this new system is USDL. USDL is a stable gas coin that is backed by network fees. The biggest issue with building a decentralized application (besides speed and low fees) is volatility. By backing 1 USDL with approximately 1 USD worth of network fees, projects are able to budget properly.
As an added benefit, with a stable gas token users can exchange funds without worrying about skyrocketing gas fees. Cryptocurrency will never be useful for buying and selling goods in a system where gas fees cost more than the merchandise.
Sorting out gas fees and transaction speeds was only half of the initial problem. What about the long addresses, no room for error, and general non-intuitive nature of cryptocurrency as it stands?
The solution to this is the LootUp App.
LootUp, amongst many other features, will allow the user to send to usernames instead of long addresses, give sponsored gas options, and will have the ability to cancel and confirm transactions. Since the app is built on the LGCY Network blockchain, LootUp will be non-custodial and peer-to-peer. Allowing users to discuss payments through a messenger inside the app, creating invoices, and providing a decentralized marketplace to buy and sell products, the LootUp app will have everything needed for the general public to utilize the safety and security of blockchain technology without the headache.
The goal has always been to make blockchain technology user friendly and accessible to everyone. LootUp is the path forward.
"We are currently in the testing phase of the LootUp App. Will have more news on the release in the coming weeks. We are very excited about the forthcoming release of LootUp, it will truly change the way users will transact Decentralized Payments," said Justin Waiau CEO.
About LootUp
Welcome to a New Era of Decentralized Payments. LootUp, a Non-Custodial P2P Payment Platform, aims to become the first globally adopted decentralized payment platform that is self-regulated and which is backed by a digital asset.
Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Quantum International Corp believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Quantum International Corp is unable to give any assurance that its expectations will be attained. Factors or events that could cause our actual results to differ may emerge, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Contact Information:
Justin Waiau
quantumintlcorp@gmail.com
Nice announcement here on QUAN
LootUp will be the real deal in the near future
QUAN
That was good to see.
QUAN
I agree, there certainly is.
QUAN
"We are currently in the testing phase of the LootUp App. Will have more news on the release in the coming weeks. We are very excited about the forthcoming release of LootUp, it will truly change the way users will transact Decentralized Payments," said Justin Waiau CEO. $QUAN
$QUAN LootUp never physically controls users' funds with everything managed via smart contracts
https://investingnews.com/quantum-international-corp-provides-updates-on-the-lootup-app-and-features/
Big news this week: Denver, Colorado--(Newsfile Corp. - April 25, 2022) - Quantum International Corp. (OTC Pink: QUAN), today is providing the origins of the LootUp App.
An explanation of the origins and the technical reasons Justin Waiau and his team from LGCY decided to build LootUp.
The LGCY Blockchain team debated for months on tokenomics, ethics, and decentralization trying to create a bulletproof blueprint without ego. Satoshi's vision was to have Bitcoin be perfect and never altered. The LGCY team felt that perfection was not possible nor should it even be a goal. As time changes the technology needs to be able to change along with it. It is impossible to create future proof tech, but tech that can grow with the future should be the goal of any good company.
LGCY Network is not about perfection, it's about being flexible and adapting. This is how they came up with the Governing Bodies.
LGCY Network utilizes a Delegated Proof of Stake system of government. Governing Bodies are a group of incentivized and educated delegates that vote on network proposals. Not everyone should be allowed to vote on what changes need to be made on a network (as in the classic Proof of Stake system). But token holders should be allowed to have their vote represented by a qualified delegate.
The biggest contribution to this new system is USDL. USDL is a stable gas coin that is backed by network fees. The biggest issue with building a decentralized application (besides speed and low fees) is volatility. By backing 1 USDL with approximately 1 USD worth of network fees, projects are able to budget properly.
As an added benefit, with a stable gas token users can exchange funds without worrying about skyrocketing gas fees. Cryptocurrency will never be useful for buying and selling goods in a system where gas fees cost more than the merchandise.
Sorting out gas fees and transaction speeds was only half of the initial problem. What about the long addresses, no room for error, and general non-intuitive nature of cryptocurrency as it stands?
The solution to this is the LootUp App.
LootUp, amongst many other features, will allow the user to send to usernames instead of long addresses, give sponsored gas options, and will have the ability to cancel and confirm transactions. Since the app is built on the LGCY Network blockchain, LootUp will be non-custodial and peer-to-peer. Allowing users to discuss payments through a messenger inside the app, creating invoices, and providing a decentralized marketplace to buy and sell products, the LootUp app will have everything needed for the general public to utilize the safety and security of blockchain technology without the headache.
The goal has always been to make blockchain technology user friendly and accessible to everyone. LootUp is the path forward.
"We are currently in the testing phase of the LootUp App. Will have more news on the release in the coming weeks. We are very excited about the forthcoming release of LootUp, it will truly change the way users will transact Decentralized Payments," said Justin Waiau CEO.
The company had a huge cancelation of 22,214,109 common shares, reducing the total number of issued and outstanding common shares.
The District Court, 334th Judicial Court of Harris County Texas, has issued an order in Case # 2020-79962 canceling a number of common shares of Quantum International Corp., held by Sawyard Investment, SP.Z0.o who failed to respond to depositions, subpoenas, and did not attend the court proceedings. After a hearing on the motion held on March 18, 2022, the Court ordered the cancelation of 22,214,109 common shares. Quantum International Corp. (Quan) now has a total of 24,190,454 common shares issued and outstanding.
The information on the cancelation has been processed by the Company's transfer agent and will be reflected in the Company's records, and in the Q1 with OTC Markets.
QUAN
Holding so well bout to bust 20
Huge for shareholder value QUAN
Alot of upside to QUAN imo
That was a huge announcement.
QUAN
This company is just beginning. imho
QUAN
$QUAN Trending on share reduction news: Quantum International Corp. (QUAN) Decreases OS https://www.marketwatch.com/press-release/quantum-international-corp-quan-decreases-outstanding-shares-2022-04-11?reflink=mw_share_twitter
$QUAN Bullish news here: Denver, Colorado--(Newsfile Corp. - April 11, 2022) - Quantum International Corp. (OTC Pink: QUAN), today announced the cancelation of 22,214,109 common shares, reducing the total number of issued and outstanding common shares.
The District Court, 334th Judicial Court of Harris County Texas, has issued an order in Case # 2020-79962 canceling a number of common shares of Quantum International Corp., held by Sawyard Investment, SP.Z0.o who failed to respond to depositions, subpoenas, and did not attend the court proceedings. After a hearing on the motion held on March 18, 2022, the Court ordered the cancelation of 22,214,109 common shares. Quantum International Corp. (Quan) now has a total of 24,190,454 common shares issued and outstanding.
I agree QUAN
I think we will see more.
QUAN
Same here Jedi!
QUAN
Great leadership for the company.
$QUAN
Bullish daily chart here, ready for the next leg up!
$QUAN
LootUp has been designed to send crypto payments to usernames and not long random addresses making it significantly more user friendly. The team believes that this is a critical step in driving adoption and scale among the vast number of people who are not familiar or confident in using current crypto technology.
The Company's CEO, Justin Waiau, has already been driving innovation and disruption within the blockchain sector having recently led the launch of LGCY Network, a Layer One Blockchain able to process over 10,000 transactions at a cost of just a few cents per transaction. Building on the LGCY Network enables LootUp to be constructed on a fast, secure, and stable platform.
"Cryptocurrency is the way of the future, but no one has simplified it for the average user. Most people still find it very confusing to use. LootUp is bridging the gap between traditional and modern payment apps for a safe and easy way to integrate crypto payments. The company will keep you informed on our progress. We will go into more detail on more aspects of the LootUp App in upcoming Press Releases. We are very excited about the future of the LootUp App and Quantum International Corp.," stated CEO, Justin Waiau.
Quantum International Corp. held a Board Meeting for the purpose of the election of a new Board Member. The following individual has been nominated and elected to the board.
Bill Wyland Entrepreneur and Owner of Bill Wyland Galleries LLC
"The Company is proud to announce that Bill Wyland will be joining our team as a new Board Member," said CEO Justin Waiau. "Bill has been a pioneer in the art business and we look forward to having his entrepreneurial expertise and insight on our Board of Directors."
About LootUp
Welcome to a New Era of Decentralized Payments. LootUp, a Non-Custodial P2P Payment Platform, aims to become the first globally adopted decentralized payment platform that is self-regulated and which is backed by a digital asset.
$QUAN
Yes very nice to see QUAN
Nice announcement yesterday QUAN
A lot of good info there.
QUAN
Looks like the market liked the news.
QUAN
$QUAN On LootUp, we're creating a revolutionary middle process feature that will require users on the receiving side to confirm payment or allow the sender to cancel before their transaction is confirmed. Additionally, we are integrating an invoice option which will require the receiver to sign and confirm before receiving funds.
https://www.newsfilecorp.com/release/119030/Quantum-International-Corp.-QUAN-Provides-Updates-on-the-
Looking for another green day here!
QUAN
Big news this week: Denver, Colorado--(Newsfile Corp. - April 25, 2022) - Quantum International Corp. (OTC Pink: QUAN), today is providing the origins of the LootUp App.
An explanation of the origins and the technical reasons Justin Waiau and his team from LGCY decided to build LootUp.
The LGCY Blockchain team debated for months on tokenomics, ethics, and decentralization trying to create a bulletproof blueprint without ego. Satoshi's vision was to have Bitcoin be perfect and never altered. The LGCY team felt that perfection was not possible nor should it even be a goal. As time changes the technology needs to be able to change along with it. It is impossible to create future proof tech, but tech that can grow with the future should be the goal of any good company.
LGCY Network is not about perfection, it's about being flexible and adapting. This is how they came up with the Governing Bodies.
LGCY Network utilizes a Delegated Proof of Stake system of government. Governing Bodies are a group of incentivized and educated delegates that vote on network proposals. Not everyone should be allowed to vote on what changes need to be made on a network (as in the classic Proof of Stake system). But token holders should be allowed to have their vote represented by a qualified delegate.
The biggest contribution to this new system is USDL. USDL is a stable gas coin that is backed by network fees. The biggest issue with building a decentralized application (besides speed and low fees) is volatility. By backing 1 USDL with approximately 1 USD worth of network fees, projects are able to budget properly.
As an added benefit, with a stable gas token users can exchange funds without worrying about skyrocketing gas fees. Cryptocurrency will never be useful for buying and selling goods in a system where gas fees cost more than the merchandise.
Sorting out gas fees and transaction speeds was only half of the initial problem. What about the long addresses, no room for error, and general non-intuitive nature of cryptocurrency as it stands?
The solution to this is the LootUp App.
LootUp, amongst many other features, will allow the user to send to usernames instead of long addresses, give sponsored gas options, and will have the ability to cancel and confirm transactions. Since the app is built on the LGCY Network blockchain, LootUp will be non-custodial and peer-to-peer. Allowing users to discuss payments through a messenger inside the app, creating invoices, and providing a decentralized marketplace to buy and sell products, the LootUp app will have everything needed for the general public to utilize the safety and security of blockchain technology without the headache.
The goal has always been to make blockchain technology user friendly and accessible to everyone. LootUp is the path forward.
"We are currently in the testing phase of the LootUp App. Will have more news on the release in the coming weeks. We are very excited about the forthcoming release of LootUp, it will truly change the way users will transact Decentralized Payments," said Justin Waiau CEO.
$QUAN News Out! Quantum International Corp. (QUAN) Provides The Origins Of The LootUp App And The Technical Reasons It Was Conceived https://finance.yahoo.com/news/quantum-international-corp-quan-provides-134300157.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @Yahoo
Thank you Nice announcement for QUAN
They are due QUAN
That was an important move for the company and investors.
QUAN
On watch for another update here.
QUAN
$QUAN The information on the cancelation has been processed by the Company's transfer agent and will be reflected in the Company's records, and in the Q1 with OTC Markets.
Good morning, latest press releases on seekingalpha: https://seekingalpha.com/symbol/QUAN/press-releases $QUAN
The company had a huge cancelation of 22,214,109 common shares, reducing the total number of issued and outstanding common shares.
The District Court, 334th Judicial Court of Harris County Texas, has issued an order in Case # 2020-79962 canceling a number of common shares of Quantum International Corp., held by Sawyard Investment, SP.Z0.o who failed to respond to depositions, subpoenas, and did not attend the court proceedings. After a hearing on the motion held on March 18, 2022, the Court ordered the cancelation of 22,214,109 common shares. Quantum International Corp. (Quan) now has a total of 24,190,454 common shares issued and outstanding.
The information on the cancelation has been processed by the Company's transfer agent and will be reflected in the Company's records, and in the Q1 with OTC Markets.
QUAN
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