Qoin is "a digital currency empowering buyers and sellers"
Supporting the Success of SME’s for 29 years
With over 29 years of success supporting small business’ globally through the Bartercard brand, Qoin realised the need for global commerce to adopt a widely used, reliable digital currency platform that enables consumers to spend with their favourite merchants instore or online.
How it Works
Qoin offers participating merchants like Dify Social, the opportunity to increase their customer base by accepting Qoin as payment therefore reducing their spare capacity and building more profitability. All this in a zero cost to merchant model.
Digital Community
A global community of buyers and sellers with a common goal. Growing the community together means more day to day spending options to save cash along with the increased potential for the Qoin value to increase. The more the community grows, the greater the opportunity for all.
Important note
DIFY Social accepts Bartercard and/or Qoin for our 'once off' services only, including a social media audit, proposal & consult (429.50) in the first instance.
If we progress, we accept $T/Q for the 3hr social media set up session (629.50), subject to cash being paid for the 2hr strategy planning session ($429.50) and a minimum one-month management (XXS $192.50 - XS $292.50 - S $429.50) OR 50% cash : 50% $T/Q for ongoing monthly management.
If you're interested in exploring for your business, call 1300 DO SOCIAL (1300 36 7624), email marketer@difysocial.com.au or visit » CONTACT
QOIN ANNOUNCEMENTS
FURTHER DECENTRALISATION OF QOIN BLOCKCHAIN PROJECT - 14 February 2025
Decentralisation steps and what is changing
1 New Qoin Foundation
The first step is that the Qoin Association transfers its oversight and governance functions as well as its intellectual property to an independent global foundation with the exclusive charter to further the cause of Qoin. The new foundation is registered as Qoin Foundation
2 Updated white paper, token economics, and minting
The Qoin Foundation will soon publish an updated white paper with the necessary revisions to facilitate decentralisation. This will include key updates to the token economics, algorithm, and minting model
3 Public Layer 2 Scaling Solution
4 Digital wallets and transactions
Migration to the BASE blockchain commences on or shortly after 3 March 2025 (Migration date).
When the migration commences the Qoin Foundation will announce a list of Multi Party Computational (MPC) and Smart digital wallet providers. These digital wallets are anticipated to have good user experience and are available in over a hundred countries.
The Qoin App will prompt you step by step to complete the migration process
5 Wrapped Qoin
Users who have previously wrapped Qoin to the Ethereum network will have the choice to remain on Ethereum or within 6 months unwrap their Wrapped Qoin to the Base blockchain
6 New website
The Qoin Foundation will soon launch a new website at the Qoin.com web address

Update on Qoin Legal Proceedings
Email received by order of the Federal Court of Australia (Dec, 2024) - with Notice of Proposed Settlement for Group Members in the Qoin Class Action
The ASIC versus BPS Financial Limited trial completed on 19 October.
The central part of the case involved the licensing arrangements for the digital wallet.
Read further [Newsletter, 14 November 2023]
ASIC sues BPS Financial Limited [Article, 31 Oct 2022]