Blockchain – probably more than any other industry – is in need of a strong and committed community of fellow creative thinkers in order to overcome existing issues and contribute to a better and highly-functional society. There’s nothing bad about some healthy competition, but practice shows that the more great minds come together, the greater their progress is.

Luckily, a lot of people from the blockchain space understand the power of community, and the QUBITICA project is a perfect example. 

Qubitica is a decentralized community of developers, companies, and organizations who work with DAOs (Decentralized Autonomous Organizations) and pursue computer science. It consists of members from independent teams and projects that are working on building profitable commercial solutions.  Qibitica’s goal is to help businesses operate more efficiently.

Cooperation is one of the most distinguishing characteristics of Qubitica. Members usually do not pay for the help they receive directly and only expect that the receiver also offers his help in return. However, the teams and project owners can negotiate other ways of contributing. 

Apart from receiving help and expanding their teams, members can take part in various projects of their choice.

Membership also gives you the opportunity to access different hard- and software tools to boost your performance.

The ultimate goal that Qubitica chases is the establishment of a democratic and distributed enterprise, from extending classic DAO (Decentralized Autonomous Organization) to gaining profit and dealing with legal issues. 

What is a QBIT Coin?

A QBIT is an ERC-20 token that you can use for membership purposes and as a currency as well. Developers get QBIT for implementing general projects and basically mine it via programming. 

You need to have QBIT if you want to participate in various tenders, projects, and teams.

In the second half of 2019, Qubitica plans to increase the value of membership and raise a membership fee, which they see as a step towards operating more like a venture capital, an incubator and funding community. 

You can buy QBIT token on many major crypto exchanges. Once you do so, it’s only wise to transfer your assets to a secure wallet.

Lumi Wallet is a multicurrency client-side HD wallet that respects your anonymity and takes care of all your basic crypto needs. You can keep your QBIT token in Lumi and rest assured it will be safe.

Once you download Lumi Wallet, go to the ‘Wallets’ section, tap on the ‘Manage wallets’ sign, start typing in the name and choose QBIT crypto from the list. Then confirm by pressing ‘Ok’ and take a look at your brand new QBIT cryptocurrency wallet!

Qbit token by Qubitica in Lumi

After you’ve bought your QBIT on the exchange, you can easily transfer your funds to Lumi. To get your QBIT address, go to the ‘Receive’ section and copy it. 

At the moment, Lumi Wallet users can store, send, and receive QBIT tokens and check Qubitica coin price in Lumi. Apart from QBIT, Lumi allows you to manage BTC, ETH, EOS, and more than 900 ERC20 tokens and many token pairs are open for exchange right inside our app. Recently we also added Ethereum dapp support so our users can interact with dozens of decentralized applications.