The quant price chart looked almost flat from its launch in 2018 until the beginning of 2021, when it started to climb, thanks in part to a growing market. While past performance should never be taken as an indicator of future results, knowing what the token has done in the past can give us some useful context when it comes to either making or interpreting a quant price prediction. Let’s now take a quick look at the QNT price history. QNT price history from launch to present - Credit: CoinMarketCap You might see references to a “quant coin price prediction” or similar, but such terms are, technically speaking, incorrect.įour months after the ICO, Quant implemented a token burn which reduced the overall QNT supply.Īccording to CoinMarketCap, 9.9 million QNT tokens were sold during the ICO, with 2.6 million were reserved for the project’s operation, 1.3 million allocated to the company’s founders and 651,000 were issued to advisors. Incidentally, because it is based on the Ethereum blockchain, it is a token, rather than a coin. It is used to pay for certain goods and services on the platform.
QNT is the native token of Quant network. By the end of the token sale on, the ICO had raised $11m.
According to , QNT had an initial maximum supply of under 45.5 million tokens, with 68.2% of supply offered for sale at 420 QNT per Ether ( ETH). Quant network launched through an initial coin offering (ICO) in May 2018. The company had two shareholders and was dissolved in 2016, data from Companies House showed. According to Marirosans’ LinkedIn profile, he was the founder and director at Bear Essential Computer Service for 23 years. The company’s chief technology officer is Peter Marirosans, who has been with Quant since November 2019. Verdian is a cybersecurity expert and has held senior technology management positions in several organisations, including HSBC, PriceWaterhouseCoopers, the Ministry of Justice, BP and HM Treasury. Quant was founded by Gilbert Verdian in 2018, who serves as the company’s CEO.
#QUANT CRYPTO FULL#
This means that, while most similar platforms are intended to be used by anyone, you will need to pay to use Quant’s services, and it does not reveal the full details of its technology. Something that makes Quant a little different from most of its competitors is that it is closed-source. Overledger addresses this issue, sitting on top of them rather than struggling to match them up.”
Different structures and working mechanisms make it harder to build a common interface.
#QUANT CRYPTO SOFTWARE#
The idea behind this particular network is that it uses a program called Overledger, which claims to provide accessible, easy-to-use plug-and-play solutions to connect up enterprise software and blockchain platforms.Īccording to the whitepaper: “One of the challenges with digital ledgers is they exist in silos. So it should not be too much of a surprise to learn that there are some platforms that aim to solve those problems – and Quant is one of them. That said, although pretty much every cryptocurrency that isn’t ripple ( XRP) relies on blockchain technology to work, there are some problems that blockchains face.įor instance, although a lot of blockchains are able to sustain a significant amount of decentralised applications ( DApps) and other platforms, most of which have their own crypto tokens, there are often problems when it comes to crossing over from one blockchain to another.įurthermore, when a blockchain becomes busy, transaction speeds can slow down which, in turn, can make things more expensive than it should be. The idea that you can have a decentralised ledger where every transaction and change is recorded, but with no overall authority controlling it, caused something of a small revolution – and one that has led to the multi-billion dollar crypto industry being a mainstay. In the world of cryptocurrency, the blockchain is the key that keeps everything going.
0 kommentar(er)
