Initiative Q is an attempt by some ex-PayPal to develop a new payment system to replace the current method that they consider outdated. I’m not sure what that all means, but it comes from some people with credibility, so that’s a plus. They’re calling the technology Initiative Q, and it seems to be a sort of person-to-person network that would eliminate the middle man.
I have no idea if this will work out, but all they’re asking for is a name and email address and, in return, are allocating currency to early sign-ups when it launches, just to get the ball rolling. It costs nothing to sign up. I remember when PayPal launched and they gave everyone $5 to start. So why not give it a shot. I have five referrals to hand out, and there doesn’t seem to be much downside to registering. Just confirm your email once you sign up.
If you want to read more about it, somebody wrote an article here.