Offering a Choice in Currency
The Quintric monetary system combines the best aspects of precious metals, cryptocurrencies, and legal tender into one revolutionary, patent-pending, medium of exchange. Harnessing the stability of gold and silver, the technological prowess of cryptocurrency, and the legal standing of the U.S dollar (Quint and QuintS tokens only), Quintric addresses challenges ranging from inflation to deflation, from carrying costs to currency exchange rates, and from transparency to transaction times. The system's design and implementation represents the combined efforts of leading monetary reform experts determined to succeed in finally creating cryptos that can actually function as usable currency. Each of the five interoperable, yet independent, specie-based tokens constitutes a vital piece in completing that elusive crypto puzzle: Quint; QuintS; iQuint; iQuintS; and QuintX.
Each Quint token constitutes five U.S. gold cents (one 1/1000th of a one-ounce, U.S. legal tender, gold coin) payable on demand in minimum 1,000 token increments for an American Eagle/Buffalo gold coin, bearing a fifty dollar face value.
Each QuintS token constitutes five U.S. silver cents (one 20th of a one-ounce, U.S. legal tender, silver coin) payable on demand in minimum twenty token increments for an American Eagle/Walking Liberty silver coin, bearing a one dollar face value.
The iQuint is coming soon and will be redeemable in 1,000 token increments for any one of five, one-ounce, legal tender gold coins from around the world — the Canadian Maple Leaf, the British Britannia, the Australian Kangaroo, the Austrian Philharmonic, or the Chinese Panda. Redemptions in smaller denominations will soon be offered as well.
The iQuintS is coming soon and will be redeemable in 20 token increments for any one of five, one-ounce, legal tender silver coins from around the world — the Canadian Maple Leaf, the British Britannia, the Australian Kangaroo, the Austrian Philharmonic, or the Chinese Panda. Redemptions in smaller denominations will soon be offered as well.
Quintric System Features
Whenever the dollar has literally been as good as gold, price levels have stabilized and the economy has flourished. The Quintric monetary system empowers anyone to reap such rewards by adopting their own gold standard today.
Just like the United States Treasury's gold and silver certificates of the past, Quintric Monetary Tokens are payable on demand in precious-metal legal tender coin (at official retail exchange rates published by the United States Mint).
Unlike fairytale golden eggs, Quintric is real money you can count on in good times and bad. Fully auditable blockchain technology coupled with 21st century transparent vaulting allow each token holder to see their gold in live time.
Incur no VAULTING fees, ever
Quintric covers carrying costs that can dissipate up to half the value of gold holdings in a lifetime. Vaulted silver erodes away at triple that rate. Fortunately, Quintric vaults and insures all precious metal holdings at no cost whatsoever to the token holder.
Preserve Purchasing Power
Contrary to popular belief, your money doesn't really have to lose value over time. Historically, commodities and commodity money have retained value over long periods. Precious metal legal tender repeals the inflation tax imposed by fiat currencies.
Earn Early Adopter Awards
The QuintX token is currently only available to accredited investors as a security that pays dividends in gold and silver based off of the system transaction volume. QuintX is still in the private pre-sale pending an ICO in 2019.
Virtually all cryptocurrencies are either taxable property, regulated securities, or both; however, the Quintric Monetary Tokens are neither. Consequently, Quintric makes tax and regulatory compliance in the cryptosphere easier than ever before.