Frequently Asked Questions

If the following questions and answers about projects doesn’t address your query
then please contact us at support@ethereumpink.org

Ethereum Pink is a standard ERC20 token on the Ethereum blockchain. Ethereum Pink is fully decentralized platform based on the Ethereum structure. Ethereum Pink is a base of our two major projects which are XcentrieX and Quient, both of these projects are fully decentralized. XcentrieX is a project about crypto-trading exchange, wallet, and a wide range of plastic and virtual debit and credit cards loaded with a lot of features with no extra cost, as well as Quient is a blockchain based cloud data storage projects with small subscription fee for Business and free for Individuals.

A blockchain, originally divided into two words “block chain”, and it is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp and transaction data. By design, a blockchain is inherently resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.

Blockchain was invented by Satoshi Nakamoto in 2008 for use in the cryptocurrency bitcoin, as its public transaction ledger. The bitcoin design has been the inspiration for other applications. As well as the Ethereum Blockchain has been introduced by Vitalik Buterin which is more powerful in comparison of bitcoin. For more information about blockchain .

An ICO, also commonly referred to as an Initial Coin Offering, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company.

ICOs are easy to structure because of technologies like the ERC20 Token Standard , which abstracts a lot of the development process necessary to create a new cryptographic asset. Most ICOs work by having investors send funds (usually bitcoin or ether) to a smart contract that stores the funds and distributes an equivalent value in the new token at a later point in time. ICOs are a relatively new phenomenon but have quickly become a dominant topic of discussion within the blockchain community.

Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman.

The best way to describe smart contracts is to compare the technology to a vending machine. Ordinarily, you would go to a lawyer or a notary, pay them, and wait while you get the document. With smart contracts, you simply drop a bitcoin into the vending machine, and your escrow, driver’s license, or whatever drops into your account. More so, smart contracts not only define the rules and penalties around an agreement in the same way that a traditional contract does, but also automatically enforce those obligations.

A decentralized exchange is an exchange market that does not rely on a third party service to hold the customer’s funds Instead, trades occur directly between users (peer to peer) through an automated process. This system can be achieved by creating proxy tokens cryptographic assets that represent a certain fiat or cryptocurrency. When a user asks to withdraw his funds, these are converted back into the cryptocurrency they represent and sent to their owner.

EPINK is the symbol for the Ethereum Pink Token.

Yes, Ethereum Pink token is transferable and tradable when token sale is successfully ended.

Both of these projects are profitable in many way, XcentrieX is a decentralized trading platform where we charge the trading fee, monthly cards subscription as well as from the Quient project we get the subscription from the business organization for decentralized data storage.

All unsold tokens will be issued again in the upcoming Tier.

The following wallets are known to be compatible with Ethereum tokens (ERC-20 standard).
MyEtherWallet, MetaMask, Mist and  Ethereum Wallet.
Do not use any other wallet which is not compatible with ERC20 tokens otherwise all your tokens will lost.

3% Tokens are allocated for the bounty program. Anyone can join the bounty program and all the bounty tokens will be sent to the participant at the end of each tier. Join Bounty Program now.

Anyone can participate in Ethereum Pink project except United States of America or the Republic of China, where it’s legally prohibited to take part in a cryptocurrency token sale, are not allowed to invest in Ethereum Pink.

Ethereum Pink have generated a total supply of hundred million (100,000,000) EPINK Token. That will be the entire supply of the EPINK Tokens no more tokens will be created as per the smart contract.

Ethereum Pink Project’s initial capital i.e. soft capitals, which is 15,000 ETH, which has been completely raised and secured by our internal investors. If for some reason our hard caps are not reached for our project then there will be no obstruction in our project.

No, Contribution through any cryptocurrency exchange will not accepted. You can contribute only with your personal ERC20 compatible wallet. Like MetaMask or MyEtherWallet.

There is no limit.

Questions About XcentrieX

XcentrieX is a financial platform and with the help of this platform. We are facilitate to our customers with a decentralized crypto-currency exchange, wallet and three type of cards which are XcentrieX plastic debit card, virtual debit card, and credit card. We are trying to provide the cost-effective crypto-currecy trading facility with our XcentrieX project, we have decided to make profit with only 0.10% trading fees. We will not charge any person to list their crypto-currency on our exchange because many cryptographic tokens launch every day with their projects and they want to start trading with their assets.

XcentrieX exchange has several technical indicators which is also known as prediction bands those indicators will help us to predict the next trend also you can perform better with these bands, there are several types of charts and tools that will help you calculate some more sophisticated trends. XcentrieX wallet is the key of both exchange and cards. There are lots of other features like Portfolio, Quick Notification, Chat Support and so on and so forth.

With the help of your XcentrieX wallet app you can manage your trading order, portfolio, and control your cards transaction. Also you can switch your cards temporarily, direct deposit on XcentrieX exchange, quick buy and sell, and a lot more.

XcentrieX provides three type of cards. Spend anywhere you want with the cost-effective service fee. No reloading fee and 3 withdrawal free every month on XcentrieX debit card. You can also roll-back your virtual card funds in your wallet any time anywhere. XcentrieX cards will be provided in 40+ countries with its initial launch.

XcentrieX Virtual card works with online transactions, you can’t use your virtual card on POS or ATM. While with the help of XcentrieX plastic debit card you can withdraw your funds from almost any visa accepted ATM, also you can make transaction through POS.

There are no fees for individuals to deposit and withdraw their funds in XcentrieX exchange, but a small fees will we charged for the project holders.

One click deposit with XcentrieX wallet app and you can also deposit your funds form any other source. There are five cryptocurrency available for deposit and withdraw form exchange.

There are no connection between your cards and exchange. But you can manage both of these with the help of your XcentrieX wallet and lot of protection feature makes it more secure.

XcentrieX exchange is a web based application, and wallet app will be available for Iphone, Android, Windows, and Mac. All of these will be available with the initial launching.

Questions About Quient

Quient is a decentralized cloud data storage platform, with the help of this project, we will become a new blockchain based cloud storage provider in the world. Along with this, we have also integrated our XcentrieX payment gateway for bill payments on the Quient platform. Quient provide lots of greatest feature with very effective subscription fees.

Download large files within a minute with our unlimited bandwidth speed. One touch login is also available for Quient project, don’t need to login in again and again, With the help of public and password sharing feature you can share your files publicly or privately, Limit download feature will allow you to set limit access of a link, you can set how often a link can be used, this option is available for both password sharing and public sharing. You can also use certain date, days, and hours for link expiration. Download large torrents files directly into your Quient cloud storage within a minute

Quient provides 50GB free storage for individuals, if anyone wants to increase there storage then there are three other plans for individuals and business.

There are only three subscription options available with the initial launching of Quient. For more details see the pricing table on home page.

Quient decentralize cloud storage works with online web based application, Iphone, Android, Windows, Mac, and Ubuntu. All of these applications will be available with the initial release of Quient.

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