Question 1

Hi, Vin. I love everything about Qinta presented in this offering!!! That said, the consistent 10% yield for customers' deposits seems too good to be true. How does Qinta plan to accomplish this? And, is there a minimum deposit amount for Qinta customers? Thanks, Doug

Accepted Answer

Douglas, thank you for expressing how much you like Qinta. Regarding how the high-yield is garnered, consider how traditional financial institutions have a number of roles and processes as they take custody and manage people’s funds. This results in costs which are essentially subsidized by earnings from depositors’ funds. Qinta will mainly utilize lines of code to execute on financial transactions and to perform fund allocations that will eliminate multiple middlemen and automate processes w...

Question 2

Hey Vin, I'm curious about those 2000 sign ups which channel worked for you? Also do you have some of those sign up live now? If not are when would be the ETA for the first early access/ road map? How will the monetization will work if you guys plan on charging from the start?...

Accepted Answer

Dimitri, thank you for your interest in Qinta. Regarding how we acquired the sign ups, we did social media marketing. In Q3 2022, we will have the public release for version 1 of the product. If you're interested, a complete roadmap is attached at the bottom of the main Qinta Wefunder page. Regarding monetization, Qinta’s revenue model is to take a share from the earnings on users’ funds.

Question 3

When are you looking to file Form C

Accepted Answer

Calvin, that’s a very timely question. Last Friday, we were talking to Wefunder about final steps to filing a form c. We are targeting to file before the month ends.

Question 4

Please forgive my lack of formatting. Mobile doesn’t seem to allow line breaks. I’m considering investing, and if not investing, at least giving Qinta a try when it launches. I understand from your answer to a previous question that you plan to utilize blockchain technology an...

Accepted Answer

Hi Amanda, thank you for going through our responses in the previous questions. We appreciate your interest in Qinta. A couple of days ago, a number of organizations have also reached out to us on how Qinta can help build better financial habits and improve the finances of communities globally. We are thankful that the mission of Qinta resonates with many. There are multiple investments where funds can earn high returns. Usually, these are not easily accessible to the everyday person. Behind ...

Question 5

Hi team, I got a couple questions thanks in advance for answering and apologies for the lack of formatting. 1. How long are the funds anticipated to last? 2. when do you anticipate pursuing series funding? 3. what is your timeline to IPO? 4. When is it expected that the C-Suit...

Accepted Answer

Thank you for your questions Olufemi. We always enjoy hearing from individuals who take interest in our mission to democratize wealth-building for everyone. Here are our responses to your questions: (1) Funds will last us 18 months. (2) We are planning to do a professional investor round in 2023 for a seed-2 round. (3) Whatever the decision for the exit in the future, it will be considering what the best will be for the shareholders of Qinta. Our priority is democratizing wealth-building for ...

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