Quant

Halal Rating :
Comfortable
Last Price $111 Last updated:
Rank 84
1D Change -2.21 %
Market Cap $1.35b
Circulating supply 12,072,738
Maximum supply 14,881,364

Crypto Overview

Categories
  • Platform
  • Interoperability

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.

Rating Justification

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Comments

4 Comments

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S shiroaoneko07 | Edited: 10 months, 3 weeks ago

Im afraid $QNT will tokenize a bond 😥 as an $ONDO do.

also $QNT will tokenize a currency especially Euro, which means that $QNT becoming in the CBDC Narrative..


A adelaboalanien | 10 months, 2 weeks ago

Salam Mohammed_Akil, we might consider adding this feature to our product road map, thank you.

1 0

M Mohammed_Akil | 10 months, 2 weeks ago

Is there a way we can get automatic email notification on anything via email that has status change?

0 0

A adelaboalanien | 10 months, 3 weeks ago

Salam brother, we will wait and see if it did bond tokenization we will change their rating.

1 0

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