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Quant

QNTUSD
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248.800

+0.500+0.20%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.20%

5 Days

+107.33%

1 Month

+284.54%

6 Months

+223.24%

Year to Date

+258.60%

1 Year

+135.05%

Key Data Points

Opening Price

248.600

Previous Closing Price

248.300
Price Range of the Day
247.000250.600
52-Week Price Range
53.470369.300
More news coming soon, stay tuned...

Quant Technical Analysis

1m
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Technical Indicators

Buy

Summary

Buy

Moving Average

Strong buy

About Quant

Quant (QNT) is a blockchain interoperability platform that aims to connect different blockchain networks and enable seamless communication between them. Launched in June 2018, the project was founded by Gilbert Verdian, a cybersecurity expert with over 20 years of industry experience, and Dr. Paolo Tasca, a digital economist and blockchain specialist. The core of the Quant network is the Overledger Network, which serves as an operating system for blockchains. Overledger is designed to act as a gateway, allowing developers to build decentralized multi-chain applications (known as "MApps") that can interact with multiple blockchain networks. This solves the interoperability problem that has historically existed between different blockchain projects. One of the unique features of Quant is its ability to enable cross-chain smart contract execution. Developers can use Overledger to write smart contracts that can be deployed across a variety of blockchain platforms, even those that do not natively support smart contracts, such as Bitcoin. This flexibility allows for the creation of more versatile and innovative decentralized applications. The QNT token is the native utility token of the Quant network. It is used to pay for transactions and services on the Overledger Network, including the deployment and execution of MApps. Developers and clients must hold a certain amount of QNT tokens to access the Quant ecosystem and utilize its services.

What problem does Quant (QNT) aim to solve?

Quant is a blockchain project launched in 2018 with the goal of connecting different blockchain networks and enabling interoperability between them. The main problem Quant aims to solve is the lack of seamless integration and communication between the growing number of blockchain platforms and applications. Quant's Overledger network acts as an operating system that allows developers to build "multi-chain applications" (MApps) that can interact with multiple blockchains simultaneously, overcoming the interoperability challenge.

What makes Quant unique compared to other blockchain projects?

Quant's key differentiator is its focus on interoperability. Unlike many blockchain projects that operate in silos, Quant's Overledger network acts as a gateway allowing applications and blockchains to communicate with each other. Overledger enables developers to write "multi-chain applications" that can interact with a variety of blockchain networks, even those that don't natively support smart contracts like Bitcoin. This interoperability sets Quant apart in the blockchain space.

How does the Quant (QNT) token work and what is its purpose?

QNT is the native utility token of the Quant network. It serves several key functions: 1) Users and developers must hold QNT tokens to access and use the Overledger platform, 2) QNT is required to pay transaction fees for operations performed on the Overledger network, and 3) QNT tokens are locked up for 12 months when used to pay for Quant services, providing a sustainable model. The maximum supply of QNT tokens is capped at 14.88 million. How is the Quant network secured and what is the role of the community? The Overledger network forms the backbone of the Quant ecosystem. It includes gateways that facilitate the linking of different blockchains. Similar to Ethereum's proof-of-stake model, the Quant community plays a key role in managing the treasury smart contracts and handling QNT token payments from users to the gateways. This community-driven approach helps ensure accountability and security within the network.

Quant

248.800
+0.500+0.20%
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