QommodityPrice

(QAAA)

Qommodity (QAAA) is introduced as the first asset-backed securitized hybrid utility token. It acts as an innovative finance and technology accelerator, aiming to facilitate a significant wealth transition. This is achieved by creating a new asset class and leveraging distributed ledger technology to unlock access to untapped wealth, encompassing monetary values, happiness, health, livelihood, and opportunities through tokenization of real asset values.

The QAAA token is backed by verifiable and documented in-ground values of various commodities, including gold, silver, and coltan. These natural resources are found in diverse regions, such as Africa, Latin America, and Europe. Their value is rigorously assessed and certified according to the NI43-101 standard by independent geological experts.

QAAA offers several utilities, including arbitrage trading, allowing users to capitalize on price differences. It can also be utilized to earn yield through lending programs or other Earn products available on platforms like our exchange. Furthermore, QAAA facilitates sending and receiving payments, with the broader project goal of bridging traditional financial systems with digital currency for expanded real-world applications.

QAAA can be acquired on various cryptocurrency exchanges, including our exchange. To buy, users typically employ a Web3 Wallet to swap stablecoins for QAAA via a decentralized exchange (DEX). For selling, QAAA can usually be converted into stablecoins like USDT on the spot market, and then sold in an O2C (crypto-to-cash) market.

Initially, QAA tokens were launched as a voucher, granting buyers the ability to exchange them for QAAA tokens at market value upon QAAA's official launch. QAA was built on the Binance Smart Chain, adhering to the BEP20 standard. The QAAA token, however, is designed as a securitized asset-backed security token, complete with an ISIN, and is intended to launch on the SourceLess Blockchain.

Qommodity's vision extends beyond mere monetary value, aiming to unlock wealth that includes happiness, health, and livelihood globally. The project seeks to create a hybrid financial solution, bridging traditional finance with digital currency. Its overarching mission is to protect the planet and enhance the quality of life for all, ultimately aspiring to become a global standard for natural resource exchange.