Quant
Crypto Overview
Purpose and Utility
Quant Network's QNT token is the utility token powering the Overledger Network, which aims to enable interoperability between different blockchain networks. The token is required for paying platform fees, accessing Overledger Network services, and licensing fees for developers.
Business Model Analysis
The business model centers around providing enterprise-grade blockchain solutions, focusing on financial institutions, governments, and corporations. The token serves as the primary means of accessing and paying for these services. The model appears transparent and doesn't involve any prohibited activities under Islamic law.
Real-World Adoption
Quant has established partnerships with major financial institutions and technology companies, including Oracle, SIA, and various central banks. The network has demonstrated practical use cases in financial services, healthcare, and supply chain management.
Platform Development
The project maintains active development, with regular updates to the Overledger platform. The GitHub repository shows consistent activity, and the team regularly publishes technical documentation and updates.
Token Distribution
QNT has a fixed supply of 14.6 million tokens. While early investors and team members received allocations, they were subject to vesting periods. The distribution model appears designed for long-term platform sustainability rather than short-term profit.
Crypto Impact
To assign a comfort level investing in Quant from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Quant.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.