QTCON Whitepaper
  • 1. Overview
  • 2. Background
    • 2.1 The Background of QUIZTOK Departure
    • 2.2 The value of quiz contents
    • 2.3 Need to improve the productive mobile environment
    • 2.4 The current state and challenges of advertising and media markets
    • 2.5 The need for a platform that combines ‘quizzes + communication + advertising + rewards’
  • 3. QUIZTOK! Quiz Mining Platform
    • 3.1 Ecosystem
    • 3.2 Ecosystem Participants
      • 3.2.1. Quiz Creator
      • 3.2.2. Quiz Player
      • 3.2.3 Quiz Curator
      • 3.2.4. Advertiser
      • 3.2.5. Sponsors, Donators
    • 3.3 Reward
      • 3.3.1 QTCON reward system
      • 3.3.2 Quiz Rewards
      • 3.3.3 Advertising rewards
      • 3.3.4 Sponsoring & Donation rewards
      • 3.3.5 Reward algorithms
    • 3.4. Targeted Advertising
      • 3.4.1. Use for user orientation and targeted advertising
      • 3.4.2. Targeted advertising utilization
    • 3.5. Technologies
      • 3.5.1. Quiz mining
      • 3.5.2 Architecture
      • 3.5.3. System configuration
      • 3.5.4 Reward pool
    • 3.6. Use Case
      • 3.6.1. Quiz Content Platform Service Scenario Combining Advertising and Quiz
      • 3.6.2 Quiz service scenarios where users create and consume quizzes
      • 3.6.3. Donation Scenario
      • 3.6.4 Connection between users and sponsoring companies
  • 4. Marketing analysis
  • 5. Why Blockchain?
    • 5.1 The block chain ideology and QTCON
    • 5.2 Reasons for using the block chain system
    • 5.3 Value of QTCON
  • 6. Schedules for Plans
    • 6.1 Present stage
    • 6.2. Milestone
  • 7. QUIZTOK Token(QTCON)
    • 7.1 Plans for QTCON issuance
    • 7.2 Plans for fund management
    • 7.3 History of QTCON issuance
    • 7.4 QTCON Lock-up & Release Plan
  • 8. Team
  • 9. Risk announcements and protection tools for investors
  • 10. Subjects of exemption
  • App Link
    • App Store
    • Google Play
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  • 1️⃣ Research and Development
  • 2️⃣ Operating Costs
  • 3️⃣ Marketing and Accounting Costs
  • 4️⃣ Security
  • 5️⃣ Legal Expenses
  1. 7. QUIZTOK Token(QTCON)

7.2 Plans for fund management

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Last updated 8 months ago

Funds raised through token sales will be used to develop the QUIZTOK platform and build the ecosystem.

1️⃣ Research and Development

The costs allocated to the development will be spent on the QUIZTOK platform development described in the white paper. It includes the cost of building QUIZTOK platform servers, implementing platform components, developing QUIZTOK Messenger apps, linking block chain system and testing etc.

2️⃣ Operating Costs

20% of the funds are used for company operations. Server costs, infrastructure, labor costs, management costs, and rental costs are all included for maintaining the company.

3️⃣ Marketing and Accounting Costs

30% of the funds are spent on marketing expenses to build partnerships and attract customers. Marketing is an essential tool to expand the ecosystem of QUIZTOK platform.

4️⃣ Security

10% of the funds are used to enhance the security of the Quiztok platform.

5️⃣ Legal Expenses

5% of the funds are used for legal issues for running the business.