The Qoin Association Limited initiated the building of the Qoin Blockchain Project in 2019. Our vision is to become the world’s most prosperous trading community of business owners and their customers. It was envisaged that this vision would be achieved by a mission to make Qoin the most utilised and widely accepted digital currency.
At the center of the project is Qoin – a digital medium of exchange, unit of account, and store of value. The purpose of Qoin is to provide a trusted digital means for participants to trade, buy, sell, and reward each other without the use of government money.
Qoin was launched in January 2020 in Australia and can also be sent to, or received from, digital wallets in New Zealand, United Kingdom, South Africa, and Singapore. Qoin also has the capability to be bridged (wrapped) to the Ethereum blockchain where it can be sent to, or received from, multiple digital wallets across the world.
The Qoin ecosystem has more than 60,000 registrations, including over 30,000 registered businesses. From January 2020 to December 2023 the Qoin users have transacted over AU$2.5 billion of Qoin across 554,000 transactions.
The key benefit for businesses who accept Qoin is access to a modern community of buyers who have Qoin to spend towards their next purchase. Likewise, the benefit for consumers is to earn Qoin as incentives or rewards from merchants, and to use their Qoin towards their next purchase anywhere in the ecosystem.
