Qache

Qache

Protecting crypto traders with exciting, safe savings.

30 followers

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Qache revolutionizes crypto investing with a prize-linked savings scheme. Users' deposits in Ethereum are safe, and interest is pooled for substantial prizes, up to double their balance. This minimizes risk while providing exciting potential high returns.
Qache gallery image
Qache gallery image
Qache gallery image
Qache gallery image
Qache gallery image
Free
Launch tags:Fintech•Investing•Cryptocurrency
Launch Team / Built With
Wispr Flow: Dictation That Works Everywhere
Wispr Flow: Dictation That Works Everywhere
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Xinlan Li
Maker
📌
🚀 We're thrilled to introduce Qache to the world! As co-founders, we embarked on this journey to create an innovative fintech product designed to protect and empower the financially underserved. Qache combines the excitement of high returns with the security of traditional savings. Our prize-linked savings scheme pools interest generated from users' deposits and awards it as substantial prizes, up to double their balance, minimizing risk while maximizing potential gains. Ivan Caffrey, our CEO, growing up in Ireland and have been seeing the massive success of Prize Bonds. He aims to create a financial product like Prize Bonds with low friction. We saw the need for a transparent, safe, and rewarding financial product in the crypto space. Our mission is to offer everyone, regardless of their financial background, an opportunity to grow their wealth without the fear of loss. Join us on this exciting journey and help us make a difference in the world of finance. We can't wait to hear your thoughts and feedback! 💬 Let's get the discussion started! What excites you most about Qache? #Fintech #Crypto #PrizeLinkedSavings #FinancialInclusion
dashuai
This is such an intriguing concept! I'm curious, how does the prize allocation work in practice? Do users have a say in how the interest is pooled? Also, how do you ensure the security of users' deposits? Looking forward to learning more about Qache! 🤑
Xinlan Li
Maker
@ezshine Thanks for reaching out to learn more about Qache! Let me take your questions one by one. Prize Allocation: We use a random selection process for prize distribution. Each week we create a prize pool and select users at random to double their balance. Prizes are automatically credited to winners’ accounts. Interest Pooling: The interest generated is pooled into various prize tiers. Users don’t directly influence this process - we’ve designed it to ensure fair and exciting prizes. Security Measures: We take the security of user deposits very seriously. User assets remain with Qache at all times; we never lend them out. All balances are backed 1:1. We’ve implemented several measures to protect assets against potential slashing events. Let me know if I’ve answered your questions fully, or even if you have any more!
Domas Bitvinskas
Congrats on the launch @xinlan_qache and the product looks very polished!
Xinlan Li
Maker
@nedomas Thanks Domas, we appreciate that!!