The token represents exclusively the will and effort of Quantia to repair the damage caused by what happened with FTX. In this case, what is being tokenized is the part of Quantia's affected assets, that is, the exposure of assets in FTX (36.51%).
The QIA token is not a security and is not subject to the rules governing securities.
At the time of conversion, the QIA/USDT (Tether) secondary market was created.
All users are able to buy or sell QIA/USDT at market price and at limit price against USDT (Tether). The fees for exchanging QIA remain at 0%.
The price of the QIA token in the secondary market may be different from the repurchase price offered by Quantia. This price in the secondary market is not determined by Quantia, but by all participants who buy and sell freely in this market.
If you're interested in buying or selling QIA Token, please send an email to otc@quantia.io, specifying the QIAs to buy/sell and the offered price, and we will reach out to you once we have a match with your request.
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