Initiative Q: A Scam or the Next Big Digital Currency?

What if I told you there’s a new currency being introduced and you can get it for free right now? Sounds like a scam doesn’t it?

That’s exactly what I thought when I heard about Initiative Q. It’s not every day you hear about a new currency, especially if it’s something unrelated to the crypto craze of late 2017/early 2018.

That’s right, you read it correctly, Initiative Q is not a cryptocurrency. This is a major reason why Initiative Q has gained a lot of momentum around the web. It’s also the reason why credible people have fallen for the latest social media scam.

Let me explain it in detail.

What is it?

In simple terms, Initiative Q is a digital payment system that is going to be an alternative to today’s regular currency. Its payment tokens will be called “Q” with its creators aiming to maintain a value equal to $1, meaning 1Q will be equal to $1.

Currently, it doesn’t have any value and is in its initial stages.

You won’t be able to get banknotes of Q, instead, you will use Q to make payments digitally, quite like NFC payments or Apple/Samsung/Google Pay.

All you need to do is walk into a shop, buy something, then scan a QR or RFID code to pay for it.

How Does it Work?

Initiative Q will be regulated by an independent committee with members including finance professionals and people from the early adopters.

Transactions will be authenticated by agents called Q Agents which will ensure that no kind of fraud or scam is involved and Q is securely transferred.

As mentioned earlier, you’ll scan a QR code, or register yourself at an online store and Q will be automatically transferred once you make a purchase.

How to Get Q

For now, you can only get Q once you sign up using an invite from a member. If you sign up using a working invite, you get a fixed amount of Q. According to their website,

At each stage of engagement with Q (initial signup, verification, using the system once it’s ready, etc.) you can claim more Q. It’s important to complete each stage as soon as it’s available, as some tasks have a deadline.

You’ll get more Q as you complete tasks, getting more and more over time. Initial sign-ups get a higher amount of Q, gradually decreasing as more people sign up.

You get free Q if you invite your friends, install the app and engage in other actions that promote  Initiative Q.

Once the payment network goes live, you’ll be able to buy and sell Q for money.

Is it a Scam?

On its surface, it seems like a scam as you’re getting money for free for actually doing nothing. If what they say is true, imagine getting 60,000Q and once the payment network is live, you can cash it out for $60,000 (as 1Q will be equal to $1, according to what they said). Seems like a scam doesn’t it?

Also, the website was keen to point out that it doesn’t have anything to do with cryptocurrency, Initial Coin Offerings, and whatnot. But taking a closer look reveals interesting details. For example,

…some of the concepts behind cryptocurrency are valuable, and may be deployed in Initiative Q’s backend, for settlement between Q agents…

Also, Q will be initially in limited supply (2 trillion Q). A lot of cryptocurrencies, including Bitcoin, are in limited supply, which leads to a constant fluctuation in their value as people buy and sell them.

The Q rewards reserved today are from a supply of 2 trillion Q. This means that of the rewards would be available for use at a rate of one USD when all Qs reach a value of 2 trillion US dollars, a realistic estimate assuming wide scale adoption, as shown above.

Should You Buy it?

For now, we can’t say anything for sure. It seems equally likely to be a fraud and a legitimate payment system. Plus you’re not really paying anything for the initial Qs when you sign up (they don’t ask for anything more than your name and email too).

One school of thought is that giving up our names and email addresses isn’t a big deal – since they’re already out there. What’s the worst that can happen? If it’s actually legitimate, you get free money! Others think that it’s a digital pyramid scheme meant to harvest data about people who are interested in digital currency.

We’ll know for sure once Initiative Q goes online. Until then, exercise caution and keep Q at an arm’s length if you do sign up.

A techie, Overwatch and Street Fighter enthusiast, and Sub Editor at ProPakistani.


  • I have invitations if anyone want one ?

    • Umar Farooq

      Sure :P

    • send one…

      • Hassan Tanveer

        email me at hasanbts.0097 @ gmail . com to get the invite

        • Hassan Tanveer

          check your inboxes

        • Hassan Tanveer

          HURRY UP GUYS THE INVITES ARE ALMOST OVER

          https://initiativeq. com/invite/SHHEI-VhQ

    • Nouman

      Plz Send me one too…Thanks!!
      nouman8 @ hotmail . com

      • Hassan Tanveer

        check your inbox

    • Muhammad Hussain

      Thanks
      I am also earning pivots real BTc online
      akdaccount @ gmail . com

      • Hassan Tanveer

        https://initiativeq. com/invite/BxEwghQhQ

        • Ali Hasan

          Confirm to kr dain ??

        • Ali Hasan

          Confirm to kr dain ??

          • Hassan Tanveer

            Done! Now refer as many people as you can with you own referral link for more Q’s.

            • Hassan Tanveer

              Verified all the requests! Now refer as many people as you can guys!!!

              • Hassan Tanveer

                HURRY UP GUYS THE SLOTS ARE ALMOST FULL

                https://initiativeq. com/invite/SHHEI-VhQ

        • Bilal Majeed

          confirm please

        • bilal

          Please confirm

      • bilal

        Please confirm my invitation

    • bilal

      Give me one

  • Hassan Tanveer

    email me at hasanbts.0097 @ gmail . com to get the invite

  • Hassan Tanveer

    initiativeq. com/invite/BxEwghQhQ

    • Hassan Tanveer

      remove the space between . and com

      • Hassan Tanveer

        confirm your emails too

        • Hassan Tanveer

          4 invites left!!

          • Used your link to sign up, no email received tough, it says you have to confirm my invitation at your end.

          • Abrar Ahmad

            hassan confirm my email
            [email protected]

          • Abbas Nabeel

            please confirm [email protected]

            • Hassan Tanveer

              Verified you 3! Now refer as many people as you can with you own referral link for more Q’s.

              • Sayyed Tanzeem Abbas Naqvi

                Please verify [email protected]

                • Hassan Tanveer

                  Done! Now refer as many people as you can with your own referral link for more Q’s.

                  • Faisal

                    Kindly verify faisal
                    thanks.

        • MidJac

          for quick invitation email [email protected]

    • Aslan Haider

      @HassanTanveer
      Bro verify me!!

  • Tauseef Malik

    initiativeq. com/invite/SzX7HgjnQ

    • tanzim 110

      Please verify [email protected]

      • Tauseef Malik

        Done

    • Rizwan

      Dear Sohaib. Kindly accept my registration, as i used your code to create the Q account. Thanks….WAITING…..REMINDER TO LOGIN AND ACCEPT …….THANKS

  • Tauseef Malik

    initiativeq. com/invite/B-5YKKshm

    • Gem Gul

      Done. Please verify.
      Gul ahmed

    • AliMo

      Tauseef/Saif, I used your invite code. Could you please confirm it from your end?

  • Invite

    https://initiativeq .com/invite/rGIpHwshm

  • Sayyed Tanzeem Abbas Naqvi

    Here is my invite link:
    https://initiativeq .com/invite/S-a2uXh3Q

  • Hassan Tanveer

    INSTANT VERIFICATION:
    https://initiativeq. com/invite/SHHEI-VhQ

    REMEMBER, THE MORE YOU REFER FROM YOUR ACCOUNT, MORE THE CHANCES OF IT GETTING SUCCESSFUL

    • Faisal

      Kindly verify me … Faisal. Thanks

  • MidJac

    for quick invitation email [email protected]

  • bilal

    Agar kisi k pas invitation ho to
    [email protected]
    .com par send kren

  • Yasir Hashmi

    https://initiativeq. com/invite/rS0tRhOnm

    • Yasir Hashmi

      remove space from .com….Click on invite Link and Register. You will earn Qs instantly.

      • Hasan Ali

        Verify my registration please [email protected]

        • Yasir Hashmi

          verified.

        • Yasir Hashmi

          verified

  • Faisal

    https://initiativeq. com/invite/SNZ-ec327
    Immediate Join Q

    • Fahad

      Verify us

      • Faisal

        ur email ?

        Here is my invite link: https://initiativeq. com/invite/SNZ-ec327

        This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.

        • fahad afzal

          can you verify me.

          • Faisal

            done

  • Faisal

    Latest Invite Link

    https://initiativeq. com/invite/SNZ-ec327

  • ads

    Latest Invitation Code
    https://initiativeq. com /invite/SXMQWLa2X

  • ads

    Latest Invitation Link
    https://initiativeq . com/invite/SXMQWLa2X

  • ads

    Latest Invite Link
    https://initiativeq com/invite/SXMQWLa2X

  • Jew_Muslim

    Remove space before the com(.com)
    https://initiativeq. com/invite/SNVckM4nm

  • test

    https://initiativeq .com/invite/rQgfAmu43Q << remove space before .com

    only 2 spots letft

  • SCAM

    1. they promise may time increase in future value of token (“1Q will be 1USD”)
    2. they have complete control over the supply
    3. the supply is also not limited and there are indications that they will create more at will to “Balance” the market. lol
    4. its too good to be true

    i wont feel pity on invite link spammers though! greed is eternal..

  • Gem Gul

    https://initiativeq .com/invite/SflAiWaa3m
    Remove [space] and you’re good to go. ;-)

  • Yasir Hashmi

    For Invites > initiativeq. com/invite/rS0tRhOnm
    Remove Space between . & com