[ANN] Quark OTC marketplace.

[sologub]

Quark - Dark Pool marketplace for legal cryptocurrencies, stable coins and STO coins, which verifies transactions by scoring counterparties. The transaction is carried out with the participation of partner’s eserk, which provides security for the buyer of coins.

We are the operator of the transaction, which checks the compliance of the seller’s cryptocurrency with the legislation of the buyer's jurisdiction. And, with the help of escrow partners (banks, exchanges) we carry out a transaction charging a small percentage.

Our main goal is to help:

1. startups that are looking for investments through the sale of tokens.

2. investors choose a coin that is safe from the point of view of legislation.

Problems

Liquidity fragmentation
More than 200 exchanges operating independently of each other result in fragmented liquidity
Market impact of big orders
Booked orders on exchanges are visible for all, which means that large orders (even before execution) have a market impact. It is this reason, to avoid market impact of booked orders, that large players feel the need to trade on the OTC market. Even though there is huge trading volume on the OTC market, there is no single marketplace
Centralization
An overwhelming majority of crypto exchanges are centralized. The result is high fees and an unacceptable risk to the traders’ funds from hackers. Most crypto exchanges have fees are several times higher compared to the classical market, where traders frequently get charged three times: deposit and withdrawal of funds, as well as on the trade itself
Lack of trust
Lack of guarantees in the legal purity and security of the purchased coin

Solutions

Dark Pool technology
It allows traders to submit buy/sell orders without showing the volume, price or direction of the order. The system then matches buyers and sellers with compatible trade specifications. The fact that prices and volume of orders are (placed in “dark pools”) kept silent eliminates the potential of market impact.
Cross chain swaps
It allows tokens and crypto currencies on different blockchains to be traded via smart contract. The ability to trade assets from different blockchains on a decentralized basis, makes it possible to gather the whole market on one platform!
Directly p2p transactions
Direct, secure and transparent transactions will matched on chain while the executed off chain. The result will be fast and low cost trading,
Ensuring the legal purity of the transaction
We work only with Stable Coin and Security token, who work in the legal and financial field of the market in which the transaction is made.
In addition, the platform does not receive funds (even a commission) before the transaction is completed.

Scheme of work:
- The seller registers his coin on the platform and uploads documents (description, licenses and other information)
- The buyer, after verification of the coin and a positive response, sends the funds to the partner's escrow account (organization with a financial license).
- The seller sends coins.
- Escrow partner sends money to the seller (minus interest).
- Escrow partner sends money to the Quark platform.

Required Investment Amount
We are in search of $200K investment for 10% of the European company.
Currently, $40K has been invested in the quark and the project is participating in the startup program of one of the Eurozone countries.
An investor who has invested more than $80К in addition to the company's share receives a startup visa for up to three years.

Our telegram chat

[sologub]

Topic update (The main update block is highlighted in brown.).

We are the operator of the transaction, which checks the compliance of the seller’s cryptocurrency with the legislation of the buyer's jurisdiction. And, with the help of escrow partners (banks, exchanges) we carry out a transaction charging a small percentage.

Our main goal is to help:

1. start-ups that are looking for investments through the sale of tokens.

2. investors choose a coin that is safe from the point of view of legislation.

Scheme of work:
- The seller registers his coin on the platform and uploads documents (description, licenses and other information)
- The buyer, after verification of the coin and a positive response, sends the funds to the partner's escrow account (organization with a financial license).
- The seller sends coins.
- Escrow partner sends money to the seller (minus interest).
- Escrow partner sends money to the Quark platform.

[sologub]

At the moment, our startup has been accepted to participate in the Startup Latvia program, which gives us the opportunity, after registering the company, to get access to certified EU investors, a startup visa to 5 startup participants and their families, access to pomegranate money and an estimate of $ 2M.

At the moment, we are looking for additional investment for the further growth of the project: our money is running out.

To do this, we issued one million QRK tokens, each of which costs, with the current third-party valuation of $ 2. 10% of this amount we offer a business angel. 10% will be distributed to partners and contractors.

The entire million coins will be tied to shares when registering a company. That is, the owner of 10K QRK will automatically become the owner of 1% of the company in Latvia (the legislation of the country allows such legal bindings to be made).

Thanks for your expectation and feedback. Stay in touch.

[sologub]

We attracted the first angelic investment and set off to register the company within two weeks.

We need a local partner in Latvia, who is a certified investor and invests 30K euros or more. This will give us great preferences from the startup program and the government.