DISCLAIMER OF LIABILITY
Nothing in this whitepaper is, or should be relied on as a promise or representation as to the future. Qripplex ( PPL ) or any party associated makes no representation regarding the likelihood or probability that any actual or proposed account allocation will in fact achieve a particular investment outcome or goal.
Please realize that crypto-currencies have no value except what people associate with it. Be wise in ever investing money value into any cryptocurrency. Prices fluctuate and tokens can be lost easily due to digital mishaps and hacking. We are not liable for any choices users make with Qripplex ( PPL ). Qripplex ( PPL ) is not a company or business. This is an open source community currency with no centralization or the presence of the likes of; CEO, CFO, CMO and more.
Qripplex (PPL) is a speculative investment and involves high degrees of risk. Investors must have the financial ability, experience and willingness to bear the risks of an investment. Past performance is not necessarily indicative of future results. Past performance is no guarantee of future returns and there is no guarantee that the market price of coin will fully reflect their under lying net asset value. There is also no guarantee that Qripplex (PPL) investment objective will be achieved. Potential investors are advised to seek expert financial advice before making any investment decision and should be aware that they may not fully recover the amount invested.
Qripplex is an open source crypto-currency focused on fast, secured, transparent, peer-to-peer, low transaction fees & decentralized environment. It utilizes ERC20 token standard on the ethereum platform for securing its network. The goal of Qripplex ( PPL ) is to achieve a decentralized sustainable crypto currency with near instant full-time transparent transactions, fair governance and community intelligence to be able to own and use cryptocurrency in almost every aspect of their daily activities.
The Qripplex community will support initiatives that aim to increase the use of cryptocurrency by their sources. We aim to work towards a future where crypto assets will be acceptable in every sector.
Qripplex (PPL) as a decentralized platform, promises the community a highly secured, peer-to peer, fast and transparent experience. The genius of this technology is that it runs and works without the control of any one.
To achieve a huge success, our team has decided to be anonymous and are major goal is to give results that are tangible in user interaction and adoption and not to focus on the developers behind the scenes.
• Seemingly Fast
Transactions made on the blockchain are seemingly fast or immediate upon performance and are settled at an average of seconds.
• Community Management
Qripplex requires a strong community to build its plan successfully. We focus to build a large and active community as the value of PPL lies with the community.
PPL as an ERC-20 token standard is guaranteed by the safety and security of the Ethereum blockchain. Transactions made are secured and enhanced by advanced security features
Transactions made are recorded, verified and can be traced on the blockchain.
- Low Transaction fees
Qripplex ( PPL ) as an ERC20 token standard also benefits a low transaction cost of 0.2cents as of present, which is not comparable to the high transaction cost of existing solutions. The benefit of the PPL low transaction cost will enhance the integration and utilization of Qripplex ( PPL ) in almost all sectors most especially in the e-commerce sector.
- Mass Adoption
PPL is termed to be the token of the people , and thus requires massive adoption. The largest share of PPL will be airdropped to all potential community members and the rest will be shared as bounties and a very little share for investors who would like to enhance the Qripplex community project.
OUR VISIONARY PLAN
The crypto-currency world tends to be over-technical and a confusing jargon. We believe
that blockchain technology can solve alot of issues and can be used to deliver to a larger user-base with secured, fast, low TX cost and less confusing use case. Qripplex is striving to be one of the leaders enhancing the adoption of cryptocurrency for everyday use. We intend to simplify and bring the powerful peer-to-peer ledger system into the hands of the people. Our vision to accomplish this is to put the community and the people first. We will always speak of ourselves as a community currency and welcome new users to blockchain technology. We allow our community to dictate how we should make things easier and more effective for their use. We also are community run and desire to set the framework of an open source system where this currency will perpetuate with the community in control and not a large investor or any larger centralized entity. We desire for PPL to remain and continue to exist as a decentralized cryptocurrency. We have built PPL to be the token of the people.
The Qripplex ( PPL ) token is decentralized. Hence, by design, user’s tokens are secured from theft losses. Users need not trust the Qripplex team, as the integrity of the platform is enforced/ensured by the smart contract.
Smart Contract Interaction
The PPL smart contract interacts within the Ethereum blockchain system. Smart contract interaction with mainstream Chains can be realized through messaging. It will also form an endogenous multi-level cross-chain structure based on blockchain interaction.
A fee of about 0.2 cents as at time of writing this whitepaper will be charged as gas price for the transaction. This implies that token holders will need to have a reserve to process transactions. This ensures instant and transparent transactions.
This transaction fee is infinitesimal and sincere unlike other platforms which promise an absolutely free transaction but harbor hidden charges which could be as high as 2%-10% of the transaction value.
Our goal for the Qripplex Governance system is to involve the community. We’ve got a long way to get there, but soon we expect to be making huge potential steps. This process will take a long time, and we call it Community Designed Governance.
Qripplex tends to make blockchain technology easily accessible to everyone, even to the point where our users do not know that they are using it. We will develop tools bridging the virtual with reality and also provide the unique services our community wants, understand, and are willing to make use of.
Qripplex tends to provide a highly efficient infrastructure to adopt new protocols and support all kinds of commercial scenarios in the future. Qripplex being built on the ethereum blockchain as an ERC20 token Standard benefits from what the blockchain has to offer. We also have wide blockchain experience, with particular involvement in a few commercial-focused enterprise projects. The Qripplex community platform has been designed to offer a flawless user experience with technical solution which intends to resolve the most pressing obstacles for commercial adoption of blockchain and (or) cryptocurrency such as scalability, security, customization, and interoperability. Qripplex will build a a great community.
- business plans
Qripplex ( PPL ) will become the new community platform to also support the next generation of “businesses”. We are striving to make Qripplex ( PPL ) available for use in the following aspects;
- e-commerce application
- Global community
- Mass Usability
With the aid of simple user interface and quick access tools, Qripplex will function as a community platform which will be unique from other existing ones.
Qripplex advanced resource will be powered by versatile decentralized cryptocurrency wallet which will give room for switching between crypto to crypto mode of payment.
This algorithm is advanced and structured with a blend of conventional security protocols and format.
Through our self-explanatory wallet application, users will be able to easily transfer crypto balance from one wallet to another making use of their personal wallet address. This makes us unique amongst other existing solutions.
Forth Quarter of 2018
– Continue to recruit developers to work on various projects such as native Qripplex (PPL)
– Possible partnership with Crypto acceptance platform for e-commerce applications for
– Establishing of the PPL team telegram channel for meetings and discussions in order to allow for greater community involvement and leadership in the social media realm.
– Finishing of Airdrop and bounty program and payout of all participant PPL rewards.
– listing on more medium exchanges for more liquidity for Qripplex ( PPL ) and investment potential.
First Quarter of 2019
– Addition of 1-2 medium sized exchanges for more liquidity for Qripplex and investment
potential (and also spur on price growth).
– Reaching out to other like-minded community focused blockchains for ways to work together and cross-pollination of active communities.
– Listing on CoinMarket Cap and other Coin Price listing sites.
– Addition of up to 15+ languages to our website, whitepaper, and roadmap.
– Development of native Qripplex (PPL) IOS and Android Wallet APP.
Second Quarter of 2019
– Addition of 1-2 medium sized exchanges for more liquidity for Qripplex and investment potential.
– Partnership with E-commerce integration businesses to ensure adoption of Qripplex (PPL) for small businesses and online usage.
– A Beta testing release of the native Qripplex ( PPL ) IOS and Android Wallet APP.
Third Quarter of 2019
– Addition of 1-2 larger exchanges for more liquidity for Qripplex (PPL) and investment potential.
– Addition of Qripplex ( PPL ) tokens into on-demand exchangers such as; litebit and more..
– Possible release of the native Qripplex (PPL) IOS and Android Wallet in App stores.
– On the long-term, Our goals would be to enhance and ensure larger user-adoption and on-going development of our App.
Integration of Qripplex into other sectors that deem fit, but we primarily look into e-commerce and other methods of transferring monetary value. We will continually be petitioning for larger and more
extensive open source development help and ensure a public free decentralized platform for the furtherance of the project. We intend to see increased value and great use of
Qripplex (PPL) over time.
BENEFITS OF JOINING OUR COMMUNITY
Qripplex is a creating a great opportunity for someone who wants to be part of the cryptocurrency world or wants to be a part in blockchain technology. We believe that with great and active community and also large user adoption of PPL, there will be increase in value of Qripplex ( PPL). On the obvious happenings, many projects start with crowdsales or pre-made business models that ensure that the company or entity is first in rewarded, but we intend not to do this and made reverse the case to let our community be rewarded first.
Join us! Be a part of our community and enjoy the benefits of being part of our community. Our
currency will be available at a variety of exchanges, We welcome your questions and ideas, you reach out to us here: Info@qripplex.com or reach us on instant messaging social media like telegram.
QRIPPLEX DOES NOT HAVE THE LEGAL QUALIFICATION OF A SECURITY, SINCE IT DOES NOT GIVE ANY RIGHTS TO DIVIDENDS OR INTERESTS. THE SALE OF QRIPPLEX IS FINAL AND NON-REFUNDABLE. QRIPPLEX ARE NOT SHARES AND DO NOT GIVE ANY RIGHT TO PARTICIPATE TO THE GENERAL MEETING OF QRIPPLEX BOARD OF DIRECTOR.
QRIPPLEX CANNOT HAVE A PERFORMANCE OR A PARTICULAR VALUE OUTSIDE THE QRIPPLEX PLATFORM. QRIPPLEX SHALL THEREFORE NOT BE USED OR PURCHASED
FOR SPECULATIVE OR INVESTMENT PURPOSES. THE PURCHASER OF QRIPPLEX IS AWARE THAT NATIONAL SECURITIES LAWS, WHICH ENSURE THAT INVESTORS ARE SOLD INVESTMENTS THAT INCLUDE ALL THE PROPER DISCLOSURES AND ARE SUBJECT TO REGULATORY SCRUTINY FOR THE INVESTORS’ PROTECTION, ARE NOT APPLICABLE. ANYONE PURCHASING QRIPPLEX EXPRESSLY ACKNOWLEDGES AND REPRESENTS THAT SHE/HE HAS CAREFULLY REVIEWED THIS WHITE PAPER AND FULLY UNDERSTANDS THE RISKS, COSTS AND BENEFITS ASSOCIATED WITH THE PURCHASE OF QRIPPLEX.
KNOWELDGE REQUIRED FOR THE PURCHASER OF QRIPPLEX ( PPL ) TOKEN UNDERTAKES THAT SHE/HE UNDERSTANDS AND HAS SIGNIFICANT EXPERIENCE OF CRYPTOCURRENCIES, BLOCKCHAIN SYSTEMS AND SERVICES, AND THAT SHE/HE FULLY UNDERSTANDS THE RISKS ASSOCIATED WITH BUYING QRIPPLEX AS WELL AS THE MECHANISM RELATED TO THE USE OF CRYPTOCURRENCIES (INCL. STORAGE). QRIPPLEX SHALL NOT BE RESPONSIBLE FOR ANY LOSS OF QRIPPLEX OR SITUATIONS MAKING IT IMPOSSIBLE TO ACCESS QRIPPLEX, WHICH MAY RESULT FROM ANY ACTIONS OR OMISSIONS OF THE USER OR ANY PERSON UNDERTAKING TO ACQUIRE QRIPPLEX AS WELL AS IN CASE OF HACKER ATTACKS.
ACQUIRING QRIPPLEX ( PPL ) AND STORING THEM INVOLVES VARIOUS RISKS, IN PARTICULAR THE RISK THAT QRIPPLEX MAY NOT BE ABLE TO LAUNCH ITS OPERATIONS AND DEVELOP ITS BLOCKCHAIN AND PROVIDE THE SERVICES PROMISED. THEREFORE, AND PRIOR TO ACQUIRING QRIPPLEX ( PPL ), ANY USER SHOULD CAREFULLY CONSIDER THE RISKS, COSTS AND BENEFITS OF ACQUIRING QRIPPLEX AND, IF NECESSARY, OBTAIN ANY INDEPENDENT ADVICE IN THIS REGARD. ANY INTERESTED PERSON WHO IS NOT IN THE POSITION TO ACCEPT OR TO UNDERSTAND THE RISKS ASSOCIATED WITH THE ACTIVITY (INCL. THE RISKS RELATED TO THE NON-DEVELOPMENT OF THE QRIPPLEX PLATFORM) OR ANY OTHER RISKS AS INDICATED IN THE TERMS & CONDITIONS SHOULD NOT ACQUIRE QRIPPLEX ( PPL ).
THIS WHITE PAPER SHALL NOT AND CANNOT BE CONSIDERED AS AN INVITATION TO ENTER INTO AN INVESTMENT. IT DOES NOT CONSTITUTE OR RELATE IN ANY WAY NOR SHOULD IT BE
CONSIDERED AS AN OFFERING OF SECURITIES IN ANY JURISDICTION. THIS WHITE PAPER DOES NOT INCLUDE OR CONTAIN ANY INFORMATION OR INDICATION THAT MIGHT BE
CONSIDERED AS A RECOMMENDATION OR THAT MIGHT BE USED AS A BASIS FOR ANY INVESTMENT DECISION. QRIPPLEX ARE JUST UTILITY TOKENS WHICH CAN BE USED ONLY ON THE QRIPPLEX PLATFORM AND ARE NOT INTENDED TO BE USED AS AN INVESTMENT. THE OFFERING OF QRIPPLEX ON A TRADING PLATFORM IS DONE IN ORDER TO ALLOW THE USE OF THE QRIPPLEX PLATFORM AND NOT FOR SPECULATIVE PURPOSES. THE OFFERING OF QRIPPLEX TOKENS ON A TRADING PLATFORM DOES NOT CHANGE THE LEGAL QUALIFICATION OF THE TOKENS, WHICH REMAIN A SIMPLE MEANS FOR THE USE OF THE QRIPPLEX PLATFORM AND ARE NOT A SECURITY. QRIPPLEX IS NOT TO BE CONSIDERED AS AN ADVISOR IN ANY LEGAL, TAX OR FINANCIAL MATTERS. ANY INFORMATION IN THE WHITE PAPER IS PROVIDED FOR GENERAL INFORMATION PURPOSES ONLY AND QRIPPLEX DOES NOT PROVIDE ANY WARRANTY AS TO THE ACCURACY AND COMPLETENESS OF THIS INFORMATION. QRIPPLEX IS NOT A FINANCIAL INTERMEDIARY ACCORDING TO SWISS LAW AND IS NOT REQUIRED TO OBTAIN ANY AUTHORIZATION FOR ANTI MONEY LAUNDERING PURPOSES. ACQUIRING QRIPPLEX SHALL NOT GRANT ANY RIGHT OR INFLUENCE OVER QRIPPLEX ORGANIZATION AND GOVERNANCE TO THE PURCHASERS. REGULATORY AUTHORITIES ARE CAREFULLY SCRUTINIZING BUSINESSES AND OPERATIONS ASSOCIATED TO CRYPTOCURRENCIES IN THE WORLD. IN THAT RESPECT, REGULATORY MEASURES, INVESTIGATIONS OR ACTIONS MAY IMPACT QRIPPLEX’S BUSINESS AND EVEN LIMIT OR PREVENT IT FROM DEVELOPING ITS OPERATIONS IN THE FUTURE. ANY PERSON UNDERTAKING TO ACQUIRE QRIPPLEX MUST BE AWARE OF THE QRIPPLEX BUSINESS MODEL, THE WHITEPAPER OR TERMS AND CONDITIONS MAY CHANGE OR NEED TO BE MODIFIED BECAUSE OF NEW REGULATORY AND COMPLIANCE REQUIREMENTS FROM ANY APPLICABLE LAWS IN ANY JURISDICTIONS. IN SUCH CASE, PURCHASERS AND ANYONE UNDERTAKING TO ACQUIRE QRIPPLEX ACKNOWLEDGE AND UNDERSTAND THAT NEITHER QRIPPLEX NOR ANY OF ITS AFFILIATES SHALL BE HELD LIABLE FOR ANY DIRECT OR INDIRECT LOSS OR DAMAGE CAUSED BY SUCH CHANGES. QRIPPLEX WILL DO ITS UTMOST TO LAUNCH ITS OPERATIONS AND DEVELOP THE QRIPPLEX PLATFORM. ANYONE UNDERTAKING TO ACQUIRE QRIPPLEX ACKNOWLEDGES AND UNDERSTANDS THAT QRIPPLEX DOES NOT PROVIDE ANY GUARANTEE THAT IT WILL MANAGE TO ACHIEVE IT. THEY ACKNOWLEDGE AND UNDERSTAND THEREFORE THAT QRIPPLEX (INCL. ITS BODIES) ASSUMES NO LIABILITY
OR RESPONSIBILITY FOR ANY LOSS OR DAMAGE THAT WOULD RESULT FROM OR RELATE TO THE INCAPACITY TO USE QRIPPLEX, EXCEPT IN CASE OF INTENTIONAL MISCONDUCT OR
REPRESENTATION AND WARRANTIES
BY PARTICIPATING, THE PURCHASER AGREES TO THE ABOVE AND IN PARTICULAR, THEY REPRESENT AND WARRANT THAT THEY:
● HAVE READ CAREFULLY THE TERMS AND CONDITIONS ATTACHED TO THE WHITE PAPER; AGREE TO THEIR FULL CONTENTS AND ACCEPT TO BE LEGALLY BOUND BY THEM;
● ARE AUTHORIZED AND HAVE FULL POWER TO PURCHASE QRIPPLEX ACCORDING TO THE LAWS THAT APPLY IN THEIR JURISDICTION OF DOMICILE;
● LIVE IN A JURISDICTION WHICH ALLOWS RESIDENTS TO SELL QRIPPLEX ( PPL ) THROUGH ANY MEDIUM WITHOUT REQUIRING ANY LOCAL AUTHORIZATION;
● ARE FAMILIAR WITH ALL RELATED REGULATIONS IN THE SPECIFIC JURISDICTION IN WHICH THEY ARE BASED AND THAT PURCHASING CRYPTOGRAPHIC COINS IN THAT JURISDICTION IS
NOT PROHIBITED, RESTRICTED OR SUBJECT TO ADDITIONAL CONDITIONS OF ANY KIND;
● WILL NOT USE QRIPPLEX FOR ANY ILLEGAL ACTIVITY, INCLUDING BUT NOT LIMITED TO MONEY LAUNDERING AND THE FINANCING OF TERRORISM;
● HAVE SUFFICIENT KNOWLEDGE ABOUT THE NATURE OF THE CRYPTOGRAPHIC COINS AND HAVE SIGNIFICANT EXPERIENCE WITH, AND FUNCTIONAL UNDERSTANDING OF, THE USAGE
AND INTRICACIES OF DEALING WITH CRYPTOGRAPHIC COINS AND CURRENCIES AND BLOCKCHAIN-BASED SYSTEMS AND SERVICES;
● PURCHASE QRIPPLEX BECAUSE THEY WISH TO HAVE ACCESS TO THE QRIPPLEX PLATFORM;
ALL STATEMENTS CONTAINED IN THIS WHITE PAPER, STATEMENTS MADE IN PRESS RELEASES OR IN ANY PLACE ACCESSIBLE BY THE PUBLIC AND ORAL STATEMENTS THAT MAY BE MADE
BY QRIPPLEX OR THEIR RESPECTIVE DIRECTORS, ADVISORS, EXECUTIVE OFFICERS OR EMPLOYEES ACTING ON BEHALF OF QRIPPLEX, THAT ARE NOT STATEMENTS OF HISTORICAL FACT, CONSTITUTE “FORWARD-LOOKING STATEMENTS”. SOME OF THESE STATEMENTS CAN BE IDENTIFIED BY FORWARD-LOOKING TERMS SUCH AS “AIM”, “TARGET”, “ANTICIPATE”, “BELIEVE”, “COULD”,“ESTIMATE”, “EXPECT”, “IF”, “INTEND”, “MAY”, “PLAN”, “POSSIBLE”, “PROBABLE”, “PROJECT”, “SHOULD”, “WOULD”, “WILL” OR OTHER SIMILAR TERMS. HOWEVER, THESE TERMS ARE NOT THE EXCLUSIVE MEANS OF IDENTIFYING FORWARD-LOOKING STATEMENTS. ALL STATEMENTS REGARDING QRIPPLEX FINANCIAL POSITION, BUSINESS STRATEGIES, PLANS AND PROSPECTS AND THE FUTURE PROSPECTS OF THE INDUSTRY WHICH QRIPPLEX IS IN ARE FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS, INCLUDING BUT NOT LIMITED TO STATEMENTS AS TO QRIPPLEX’S REVENUE AND PROFITABILITY, PROSPECTS, FUTURE PLANS, OTHER EXPECTED INDUSTRY TRENDS AND OTHER MATTERS DISCUSSED IN THIS WHITE PAPER REGARDING QRIPPLEX ARE MATTERS THAT ARE NOT HISTORIC FACTS, BUT ONLY PREDICTIONS. THESE FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS THAT MAY CAUSE THE ACTUAL FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS OF QRIPPLEX TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPECTED, EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, AMONGST OTHERS: (A) CHANGES IN POLITICAL, SOCIAL, ECONOMIC AND STOCK OR CRYPTOCURRENCY MARKET CONDITIONS, AND THE REGULATORY ENVIRONMENT IN THE COUNTRIES IN QRIPPLEX CONDUCTS ITS RESPECTIVE OPERATIONS; (B) THE RISK THAT QRIPPLEX MAY BE UNABLE OR EXECUTE OR IMPLEMENT THEIR RESPECTIVE STRATEGIES AND FUTURE PLANS; (C) CHANGES IN INTEREST RATES AND EXCHANGE RATES OF FIAT CURRENCIES AND CRYPTOCURRENCIES; (D) CHANGES IN THE ANTICIPATED GROWTH STRATEGIES AND EXPECTED INTERNAL GROWTH OF QRIPPLEX; (E) CHANGES IN THE AVAILABILITY AND FEES PAYABLE TO QRIPPLEX IN CONNECTION WITH THEIR RESPECTIVE BUSINESSES AND OPERATIONS; (F) CHANGES IN THE AVAILABILITY AND SALARIES OF EMPLOYEES WHO ARE REQUIRED BY QRIPPLEX TO OPERATE THEIR RESPECTIVE BUSINESSES AND OPERATIONS; (G) CHANGES IN PREFERENCES OF PARTICIPANTS OF QRIPPLEX;
(H) CHANGES IN THE FUTURE CAPITAL NEEDS OF QRIPPLEX AND THE AVAILABILITY OF FINANCING AND CAPITAL TO FUND SUCH NEEDS; (I) WAR OR ACTS OF INTERNATIONAL OR DOMESTIC TERRORISM; (J) OCCURRENCES OF CATASTROPHIC EVENTS, NATURAL DISASTERS THAT AFFECT OPERATIONS OF QRIPPLEX; (K) OTHER FACTORS BEYOND THE CONTROL OF QRIPPLEX; AND (L) ANY RISK AND UNCERTAINTIES ASSOCIATED WITH QRIPPLEX AND ITS BUSINESSES AND OPERATIONS, INCLUDING THE TOKENS.