QuickDraw For Dummies

QuickDraw Crypto
2 min readJul 8, 2021

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Introducing QuickDraw, the first token of its kind on the Binance Smart Chain.

Overview

QuickDraw is a one-of-a-kind token with never-before-seen tokenomics, aiming to gamify the process of trading by rewarding buyers in exciting and innovative ways.

Tokenomics

4% Reflections

4% of each transaction is instantly redistributed amongst holders relative to the amount of QDRAW they hold.

(The longer you hold the more QDRAW you will have)

2% Liquidity Generation

2% of each transaction is used to generate liquidity for QDRAW, this helps to achieve more price stability over time.

2% Marketing Fee

2% of each transaction is sent to our marketing wallet, this allows us to fund advertising campaigns and giveaways, which in turn expand our community.

2% Gold Rush

2% of each transaction is pooled into the gold rush pot.

Gold rush is a manually triggered mechanic that will evenly divide the current gold rush holdings amongst the next X number of buyers who buy above Y amount of QDRAW.

(The X and Y values will be decided for each individual gold rush event. No user can win an individual gold rush event more than once)

The winnings of a gold rush will be instantly deposited into the winner’s account in QDRAW.

5% Quick Draw On Sells

5% of each sell is taken as tax, sold into BNB, and transferred into the previous highest buyer’s account since the last sell.

(This means that if you buy a small amount after a sell and then there is a $100k sell after your buy, you will be instantly paid $5k in BNB)

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