Quibitica is a Mauritius based decentralized IT community built for Fintech, DLT, AI, capital funding and local market access and it is said to be backed by educational institutions, university and the authority. It is worthy of note that it is consituted of IT developers, companies and investors.
QBIT is the token of the community it is ERC20 based, it is used as a membership token and ensures access to the community and it's services. It is also used to honour achievements as in form of shares, a developer receives a QBIT for implementing a project which is a share for him or her in the platform and indirectly it means developers as miners of shares in QBIT and it can be exchanged for Ethereum, USD or EURO.
Investors can buy QBIT from holders, developers or exchanges as holders also have shares upon purchase.
It is a great project to explore.