1// A 🧵on $QNT
Tried to explain this thread in the simplest language so that beginners can understand it easily
Tried to explain this thread in the simplest language so that beginners can understand it easily
2// In this thread, I'll cover
- Meaning
- Utility
- Team
- Tokenomics
- Partnerships
- & Everything you need to know about.
- Meaning
- Utility
- Team
- Tokenomics
- Partnerships
- & Everything you need to know about.
3// - MEANING
@quant_network solves a major issue which is "Interoperability"
Simply means - the ability of computer systems or software to exchange and make use of Information.
It's like using $ETH, $BTC, $SOL all together interoperably for different purposes.
@quant_network solves a major issue which is "Interoperability"
Simply means - the ability of computer systems or software to exchange and make use of Information.
It's like using $ETH, $BTC, $SOL all together interoperably for different purposes.
4// Meaning that one chain cannot win the market, the future is multi-chain.
But other projects like $DOT & $LINK are doing the same thing.
What does make $QNT different ??
But other projects like $DOT & $LINK are doing the same thing.
What does make $QNT different ??
5// While every other project can solve blockchain:blockchain "Interperobility" issue
$QNT can solve any:any issues.
Meaning that whether it's a Special purpose chain, smart contract chain, or a privacy chain - They all can integrate with each other.
$QNT can solve any:any issues.
Meaning that whether it's a Special purpose chain, smart contract chain, or a privacy chain - They all can integrate with each other.
6// - UTILITY
@quant_network has a product called "Overledger" through which it operates.
It's like macOS or Windows but for the blockchain meaning that it is an operating system of blockchain.
So like every other system you need licensing fee, you need $QNT to buy overledger.
@quant_network has a product called "Overledger" through which it operates.
It's like macOS or Windows but for the blockchain meaning that it is an operating system of blockchain.
So like every other system you need licensing fee, you need $QNT to buy overledger.
7// #QNT provides the most up-to-date data at all times and allows banking systems to interconnect with each other.
Just like Google play store and Apple store, Quant’s ecosystem allows developers to build multi-chain applications (mApps) for users.
Just like Google play store and Apple store, Quant’s ecosystem allows developers to build multi-chain applications (mApps) for users.
8// Each mApp allows multiple smart contracts to work together on different blockchains.
Projects creating their "mApp" has to obtain an annual license to develop their application on Overledger.
Users also have to hold some $QNT in order to use the applications.
Projects creating their "mApp" has to obtain an annual license to develop their application on Overledger.
Users also have to hold some $QNT in order to use the applications.
9// The mApps can have paid subscriptions or in-app purchases which have to be paid with $QNT.
Other potential use-cases of Overledger -:
- Finance
- Healthcare
- Smart Vehicles
- Supply Chain
- Power Grid
- Virtual Reality Wearables
- IoT
- Insurance & many more
Other potential use-cases of Overledger -:
- Finance
- Healthcare
- Smart Vehicles
- Supply Chain
- Power Grid
- Virtual Reality Wearables
- IoT
- Insurance & many more
10// - TEAM
CEO - @gilbertverdian
Having worked for 3+ governments & top private sector FinTech security/services
Superb connection in central banks. Would be helpful in helping CBDC (Central bank digital currency) scale.
CEO - @gilbertverdian
Having worked for 3+ governments & top private sector FinTech security/services
Superb connection in central banks. Would be helpful in helping CBDC (Central bank digital currency) scale.
11// COO - Lara Verdian - Healthcare background and he also held a Director of Economics role
@Deloitte prior to $QNT
CMO - @AndrewCarrier - spent 8 years @ SWIFT climbing to Head of global PR & 3 years as a Director of marketing for @DeutscheBank (HUGEE)
@Deloitte prior to $QNT
CMO - @AndrewCarrier - spent 8 years @ SWIFT climbing to Head of global PR & 3 years as a Director of marketing for @DeutscheBank (HUGEE)
12// - TOKENOMICS
Total and circulating supply - 14 million.
BTC - 21 mil with nearly no use case
NO INFLATION -
- $QNT locked up in order to use "Overledger"
- The only "Interoperability platform"
- Users need $QNT in order to use overledger
- A small % is held by the team
Total and circulating supply - 14 million.
BTC - 21 mil with nearly no use case
NO INFLATION -
- $QNT locked up in order to use "Overledger"
- The only "Interoperability platform"
- Users need $QNT in order to use overledger
- A small % is held by the team
13// Increasing supply often leads to the Saturation of the price of a token.
This isn't the case with $QNT. Supply is 33% lower than $BTC
It can be said that if you believe that blockchain technology will grow then $QNT is bound to grow.
This isn't the case with $QNT. Supply is 33% lower than $BTC
It can be said that if you believe that blockchain technology will grow then $QNT is bound to grow.
14// - PARTNERSHIPS
Consulting firms like @KPMG advise hundreds of the biggest companies in the world on digital strategy and emerging technologies.
A $QNT partner serving 80% of Forbes Global 1000, KPMG recommends Overledger to many businesses needing interoperability.
Consulting firms like @KPMG advise hundreds of the biggest companies in the world on digital strategy and emerging technologies.
A $QNT partner serving 80% of Forbes Global 1000, KPMG recommends Overledger to many businesses needing interoperability.
15//
@NexiGroup uses $QNT to interoperate blockchains on their network, a use case that will continue growing over the next decade.
Nexi is Europe’s #1 credit card processor, connecting over 1,000 financial institutions in 25+ countries and handling >21B transactions per year.
@NexiGroup uses $QNT to interoperate blockchains on their network, a use case that will continue growing over the next decade.
Nexi is Europe’s #1 credit card processor, connecting over 1,000 financial institutions in 25+ countries and handling >21B transactions per year.
16// Millions of individuals will start using the LATAM Dollar in 2023, a currency built on @LACChain that utilizes Quant’s Overledger.
Sixteen (16) countries in Latin America and the Caribbean use @LACChain to build public-permission blockchain services for the region.
Sixteen (16) countries in Latin America and the Caribbean use @LACChain to build public-permission blockchain services for the region.
17// Enterprise marketplaces are an excellent form of distribution for software like Overledger.
Quant has a fantastic partnership with @Oracle
, who’s integrated $QNT into their blockchain infrastructure and offers it to 430,000 customers via their Cloud Marketplace.
Quant has a fantastic partnership with @Oracle
, who’s integrated $QNT into their blockchain infrastructure and offers it to 430,000 customers via their Cloud Marketplace.
18// QNT had an ATH price of $430 currently sitting at 103$
Mcap - 1.4 Billion $ potential multi billion dollars
Mcap - 1.4 Billion $ potential multi billion dollars
19// - CONCLUSION
- Solving "Interoperability"
- "Overledger"
- Superb team with great connections
- One of its kind
- Scare than $BTC and have high utility
- Great partnerships
- Good price to enter
- Solving "Interoperability"
- "Overledger"
- Superb team with great connections
- One of its kind
- Scare than $BTC and have high utility
- Great partnerships
- Good price to enter
20// If you like this thread and find the information useful, do retweet and comment on my post for better suggestions.
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