12th Qubic Bi-Weekly Update

Welcome to the 12th fortnightly update from Qubic Core Services (QCS). These updates keep our community informed about the latest advancements and initiatives within the Qubic ecosystem. This issue features highlights from the Community All Hands held on December 12th, project milestones, ecosystem developments, and upcoming events. 

1. Ecosystem

QEarn KPIs and Next Steps

• Epoch 138:: ~7 Trillion locked (5,6% of supply).

• Epoch 139:: so far ~285B locked.

• More than 3500 lock events in total

• Upcoming Milestones:

  • UI improvements

  • Enhanced QEarn stats for better transparency

  • Integration into iOS and Android Wallets.

Qubic Metrics

The QubicMetrics dashboard is a platform for tracking key performance indicators (KPIs) across the network.

Key Highlights:

• QubicMetrics backend query data every X minutes from trustable sources like (api.qubic.li) and stores this data in a timeseries format database.

• QubicMetrics dashboard queries the backend API, and produces data in the form of charts and stats.

Next Steps:

• Short term:

  • Fix some identifies bugs.

  • Release minor improvements.

• Mid term:

  • Collect more feedback from the community and identify where QubicMetrics can provide more value.

  • Purpose a v2 based on this feedback.

QCAP Updates

• About QCAP : Passive income, Capital appreciation, Diversification, flexibility

  • 213,039 $QCAP sold

  • 59 billions $QUBIC raised ($245,000 USD)

  • 1,000,000 $QCAP sold in 2024

  • First dividend (125 $QUBIC per $QCAP)

  • 8 Qx, 35 Random, 33 Quottery, 13 MLM, 226 QVAULT

• 2025 milestones: 

  • Release of a swap feature (asset for asset)

  • More fundraising round

  • Participation in IPO

  • Governance development

2. Ambassador Program

• 57 active ambassadors spanning Asia, Europe, Africa, and the Americas.

• Successful tasks: 70+ activities completed, including content boosts and engagement campaigns.

• Upcoming local events planned with community-driven initiatives.

Slovenian Event Recap

• A highlight of the ambassador-led local event showcasing Qubic’s community-driven philosophy.

• Organised in collaboration with community members, the event focused on expanding Qubic's local presence efficiently.

• Takeaways: Successful blueprint for cost-effective and impactful regional events.

3. Qubic Core Services

Upcoming Proposals

• Proposal to fund QCS with 76,64 bln or $306,590 to pay for exchanges listings

• Proposal to fund the incorporation of the Qubic Association with 76,64 bln or or $306,590.

• The current CCF balance is 387.77bln or or $1,597,629.42 .

Exchange Listing Proposal

• These listings will expand Qubic’s distribution to new geographies, unlocking access to a broader user base

• We're preparing the listings of three 3 exchanges;

  • One tier 1 future listing exchange

  • One tier 2 exchange in the United States

  • One tier 2 exchange in Asia

• The strategy to achieve Tier 1 spot listings involves first being listed on futures for a Tier 1 exchange. It is a great opportunity that we can take this step now, as it will allow us to increase volume and further improve this metric.

• Voting starts this epoch.

Qubic Association Proposal

• The Association will serve as a vital enabler for the Qubic ecosystem, providing a robust framework for 

  • managing grants 

  • exchange listing

  • partnerships 

  • marketing initiatives

  • talent attraction

• Currently we are not able to sign certain contracts with exchanges, market makers and other partners as they require a legal entity to sign.

• We need the Association to fuel our next step of growth

• If the Association proposal will not be approved, we will recommend Quorum to recruit new members for QCS who are willing to take the legal risk

• Voting starts next epoch

4. Upcoming Events

• Crypto XR event in France: https://cryptoxr.fr/

• Collaboration with Ambassadors for more events

• Currently planning Q1 2025 agenda

5. Social Media Growth

Key Metrics:

• Verified Followers: 7.1K (+150%)

• Total Impressions: 2.3M

• Media Views: 205.7K

Engagement Overview:

• Top Posts achieved impressions over 95K, with spikes in likes, replies, and shares.

• Audience demographics: Primarily 25-44 years old from the United States, Germany, and France.

6. Reminders

• Next AMA: TBD due to the upcoming Christmas period..

• Bi-weekly updates ensure ongoing transparency and alignment.

• Engage with Qubic across Discord, Telegram, and other social channels.

What is QCS?

QCS, formerly known as SteCo, is the governance body of Qubic, elected by the Quorum to ensure network security and streamline activities that drive Qubic’s growth. Our mission is to pioneer advancements in the blockchain and AI domains. We look forward to your participation in our upcoming AMA sessions and to sharing more exciting developments with you.