Skip to main content

· 2 min read

Embarking on the Qubic journey, I often find myself struggling to encapsulate its allure in words. It's a heady mix of challenge, innovation, vision, and sheer possibility that sparks an addictive curiosity. There isn't a single "this" or "that" which paints the complete picture; instead, it's a vibrant tapestry of elements blending together, making Qubic incredibly unique in the landscape of blockchain technology.

Qubic was born out of the extraordinary vision of our lead developer — an icon who has been nurturing this dream for more than 10 years. The project's growth has been organic and unhindered, starkly contrasting with the structured development approaches of other blockchain projects. Qubic's growth is a testament to the unconstrained exploration of possibilities.

For me, the allure of Qubic lies in its reciprocity. It's as though you're contributing to a shared dream, and in return, you receive a piece of something inexplicably wonderful. My motivation for working on this project is fueled by the challenge of ushering Qubic into a "release state", akin to nurturing a child into maturity.

But don't let my philosophical musings mislead you. Qubic isn't just about high ideals. It's also about hard, innovative technology. We've delved into uncharted territories, developing open-source software designed explicitly for Unified Extensible Firmware Interface (U)EFI — an unconventional and daring approach in the blockchain world.

Yet, the boldness doesn't stop there. Qubic flaunts exceptional performance capabilities that could potentially outshine most existing networks. With our unique Useful Proof of Work (UPoW), we are leveraging the computing power expended in the mining process to contribute towards Artificial Intelligence (AI) research — a convergence of blockchain and AI that is as exciting as it is revolutionary.

Indeed, I could go on listing technical marvels that make Qubic stand out. However, if I were to distill it all into a single sentence, I'd say: We are charting a unique course in the sea of blockchain development, akin to Columbus's daring voyage — not to reach India, but to uncover a new world altogether.

So, join us on this voyage. Together, we can navigate the unexplored waters of blockchain technology and, who knows, we might just discover our 'America' along the way.

· 2 min read

In the ever-expanding crypto universe, where digital currencies flow and groundbreaking technologies emerge, an exciting event unfolded. This was the story of the inaugural Qubic Smart Contract IPO: Qx.

Qx is a decentralized exchange (DEX) with a vision to transform how digital assets are traded. With 676 sought-after shares on offer, anticipation surged amongst crypto enthusiasts who eagerly followed the live auction.

The enthralling auction took place during Epoch 65, lasting from July 12th to July 19th, 2023. Investors and enthusiasts had the opportunity to participate in this historic event and become part of the Qubic revolution.

As the auction began, participants including miners, computors, and QU-holders entered a heated bidding war. The atmosphere buzzed with electricity, and bids escalated as everyone vied for the coveted shares.

The auction took the unique form of a Dutch Auction, adding an extra layer of intrigue. The starting price per share was low but gradually increased until the time ran out at 11 UTC on Wednesday, July 19th. The Qubic community watched the entire event unfold live on, cheering on their favorites and their own bids.

As the auction reached its thrilling conclusion, the success of Qx-IPO became apparent. It marked a triumph for the Qubic ecosystem and showcased the immense potential Qubic Smart Contracts hold for the crypto industry.

The unique aspect of these Qubic SC IPOs is the concept of "burning." The designated QUs were literally burned, decreasing the total supply with each Smart Contract built on Qubic. Qx-IPO was a testament to this concept. Over 10 trillion QUs were burned during the IPO auction. As a result, the share price soared to an incredible 15 billion QUs per share, resulting in a significant reduction of over 15% in the total supply.

This spectacular auction marked the beginning of a new era for Smart Contracts and demonstrated how they could transform the crypto world through IPOs. Qx-IPO showed that groundbreaking technologies are not just visions, but tangible possibilities shaping our crypto-centric future.

With a resounding success, the Qx-IPO has made its mark in the crypto history books. The journey for Qubic and its Qubic SC IPOs has just begun. The future is brighter than ever and everyone is looking forward to the next chapter of evolution.

Video from the last 10 minutes of the Qx IPO; 10 x timespeed.