QADSAN Basic Rules

1. 1. QADSAN market game works without interruption, 24 hours a day, 365 days a year.
   2. There are token-shares of 10 virtual companies on the market.
   3. There are 3 types of companies traded:
      

      • 
        Ordinary companies (1-7)

      • Privileged company (8)

      • High-yield and high-risk companies (9,10)

      1. Ordinary companies (1-7)
         

         ELGOOG Company №1

         LAPYAP Company №2

         EKIN Company №3

         TFOSORCIM Company №4

         ISPEP Company №5

         ASIV Company №6

         MARGELET Company №7

         The prices of these companies token-shares change chaotically from the point of view of the players – almost like on a real stock exchange. The likelihood of their rise and fall is in accordance with changes in the token-shares prices.

         However, no one token-share holder can lose more than 20% of their invested capital during one round (trading session).
         One round (trading session) is the period between changes in prices for token-shares of gaming companies.

      2. Privileged company (8)
         

         KOOBECAF Company №8

         The value of this company token-shares is supported by the QADSAN, so its value is constantly growing at an average rate of 10% per month (up to approximately 215% per year).

         To ensure this monthly increase, QADSAN has established a Special Reserve Fund that is continually replenished by deducting a predetermined amount from the QADSAN’s income (spread of 1.5% is charged on every buy/sell transaction from 1-8 token-shares and of 5-8% from 9 and 10).

         A fall in the value of this company token-shares is theoretically possible in the event of the following situation: if a panic rises among the token-shares holders and demand for all token-shares on the market stops, in other words, the Special Reserve Fund dries up.

         But even in this unimaginable situation, the price of the token-shares of the Privileged Company (8), according to the rules regulating the fall in prices the Privileged Company, cannot fall by more than 10% per round.

         Also, auxiliary stabilization funds exist that ensure the normal operation of QADSAN and guarantee liquidity in any scenario.*

      3. High-yield and high-risk companies (9,10)
         
         ELPPA Company №9

         ALSET Company №10

         The description of these companies speaks for itself.

         The value of these companies token-shares is constantly growing  and growing very quickly – perhaps at a rate of up to 50% and 100% per month, respectively. However, in theory, if their economies overheat, their value could fall just as quickly.

         The decrease in the value of company No. 9 may amount to 50%, i.e. token-shares can suddenly lose half of their value.

         In the case of company No. 10, there is no such limitation, which means that the share may be completely devalued.

         By the way, we are only at the very beginning of growth. If you pay close attention to the current statistics pertaining to the transactions of these companies, you can foresee the moment when the demand will start to fall and when you should stop trading and lock in your profits.

         Moreover, this can be done at any time.

   4. Token-shares of all virtual companies (1-10) have 2 prices on QADSAN:
      
      1. Purchase price is the price at which you can buy these token-shares from QADSAN;
      2. Selling price is the price at which you can sell these QADSAN token-shares.
   5. QADSAN makes profits from the difference between the PURCHASE price and the SELL price.
   6. Prices for token-shares of Ordinary Companies N1-7 are set, inter alia, in accordance with market conditions:

      If the circulation supply of token-shares as a result of the last round has increased, then the price in the next round will increase in proportion to the difference in the circulation supply of token-shares between the two previous rounds.

      Accordingly, if the circulation supply of token-shares in circulation has decreased in comparison with the previous round, then the price of token-shares in the next round will decrease according to the same algorithm, but no more than 20% in one round.

   7. QADSAN guarantees that you can always buy any number of token-shares from it at the current PURCHASE price and sell any number of token-shares to it at the current SALE price.
   8. Prices for token-shares of Ordinary companies change 2 times a day: 08:00 and 20:00 UTC time.
      During the beta version of the game, rates can change once.
   9. The token-shares prices for the Privileged Company (8) and High Profit and High Risk Companies (9 and 10) change twice a week on Tuesdays and Fridays along with the prices of ordinary companies.
   10. You can see the prices of token-shares on any exchanges where QADSAN tokens are traded.
   11. There are no conditions that determine how long a token holder can keep his shares. Players have the right to sell their token-shares immediately after purchasing them. In addition, they keep their token-shares for as long as they want.
   12. QADSAN tokens can be paid “dividends” in the form of token-shares of virtual companies or QADSAN tokens. After paying “dividends” with token-shares of virtual companies, a corresponding number of QADSAN tokens are burned. 
   13. The minimum deposit (purchase amount) is $0.01, the maximum amount is not limited.
   14. Only the wallets specified in the QADSAN profile are considered official wallets of the game. QADSAN reserves the right not to take into account assets on other wallets when conducting promotions and any events within the framework of the project.
       IMPORTANT: in any mass exchange of tokens, priority is given to registered participants who have indicated their wallet and Telegram username in their profile.

   15. US citizens cannot participate in the QADSAN market game.
       
       If you wish to see the complete rules, click here.