Qwark (QWARK): Should You Invest Or Not?

There is no warranty in the world of cryptocurrencies that says: “Oh, this coin is going up,” or “This coin is not going to be worth a dime next year.” But what we can do is to try and predict which coins are worth your time and investment and which aren’t. So, before we take this discussion to a conclusion whether or not should you invest in Qwark, let’s have a deeper insight into what exactly Qwark is and what this digital currency stands for.

What is Qwark?

Qwark is a digital coin made to resemble the original digital coin, Bitcoin, although it operates differently than Bitcoin. If we ought to compare Qwark with other popular big coins and platforms, it is best to be compared to Ethereum rather than Bitcoin. This is the case because Qwark is used as an operational tool, a cryptocurrency, powered by Ubiq, which is a decentralized ecosystem in the form of an online platform that represents a community of people who are investing in Qwark and working on Ubiq. Qwark is thus being used for supporting this platform, being the official token of value for all users registered on this decentralized platform. The platform also offers several types of wallets, among which is their personal favorite – Pyrus Wallet; a wallet for Qwark that allows user-friendly usage and easy storing, keeping and using your digital value.

The Ubiq platform is made similarly to Ethereum, as this platform uses smart contract technology to make sure that all types of transactions are safe and secure. Besides from being able to perform transactions based on blockchain technology, which means that you have the option to exchange your tokens for another value and pay for products and services available on Ubiq platform by using your digital funds, you can also trade with other values, similarly to the way Ethereum is operating. That is why Ubiq is using smart contracts.

With smart contracts, you can make sure that there are only two parties operating through a certain transaction or exchange of values. With smart contracts you can loan and lend money, you can start a business contract, and you can sell and exchange anything of value.

This is all supported by Ubiq platform, which is created with the idea of having a decentralized market where you can exchange goods and make transactions more cost-effectively and economically. As a great addition to an already excellent bargain, all operations including transactions and exchanges of value are done solely between two trading parties without having a third party involved.

Features that make QWARK stand out from the Crowd

The first thing that makes Qwark look like a pretty profitable investment is the fact that this currency is supported by its platform, which gives it an advantage of having a unique environment that sets this digital currency in charge of an entire digital ecosystem. Naturally whoever wants to join Ubiq would be obliged to use Qwark as the official token on the platform.

Another thing that makes Qwark stand out lies in the case where this monetary value is the only digital coin beside from Bitcoin that is enabled to represent support for your debit card. That gives this coin more value, adding it up as you have the feeling that your coins, although being digital, are materialized and linked to your credit card. This also makes Qwark more available for usage.

If you are a part of Ubiq community, you can gain access to endless discounts and great bargains related to all sorts of services and products, and you can pay for all those products or services directly on the platform and by using Qwark as the primary funding source.

Qwark, although still developmental and focused on further progress in the terms of having a broader community which would also indicate several and more potential increases in price, is offering smart contracts which can be made via Ubiq, which makes transactions, business ventures and starting new projects a lot easier – all done without a third party and secured so there is no risk in exchanging goods, values or making transactions.

The only risk is losing your wallet, which is the only downfall of the case where there is no third party: that is how your transactions are not monitored, although all transactions are safe and secure while being made between the two parties.

So, Should you invest?

Qwark is currently trading at 0.47$ per one coin which is the current final result after the decrease this coin experienced only a day ago on January 9^th. The total decrease was -12.05% after which total market cap was marked at 21.4$ million with 44.9 million QWARK coins in current circulation.

Given that the price is low, you can apply the basic rule of trading and buy Qwark when at a low price in case you are interested in this digital coin. But regardless of its current price, it is believed that Qwark stands among digital currencies that have a great future, given the fact that this digital token is powering an entire community presented with the Ubiq decentralized platform.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of coinmarketcap.com