Quants
Crypto Overview
Overview
Quant (QNT) is the native token of the Quant Network, a blockchain operating system designed to enable interoperability between different blockchain networks. The project aims to solve the challenge of blockchain interconnectivity through its Overledger technology.
Purpose and Utility
The primary purpose of QNT is to serve as a utility token within the Quant Network ecosystem. It is required for accessing and licensing the Overledger network, paying for transaction fees, and staking by enterprises to run Overledger gateways.
Business Model Analysis
Quant's business model focuses on enterprise blockchain adoption, offering legitimate technological solutions for interoperability between different blockchain networks. The platform does not involve any inherently prohibited activities like interest-bearing products or gambling.
Real-World Adoption
Quant has established partnerships with major enterprises and financial institutions, including Oracle, SIA, and various central banks. The network sees active usage by enterprises for blockchain interoperability solutions.
Platform Development
The project maintains consistent development activity with regular updates to the Overledger platform. The development team is transparent about their progress and roadmap.
Token Distribution
The token distribution appears reasonable, with no concerning concentration among founders. There are proper vesting schedules in place for team allocations.
Crypto Impact
To assign a comfort level investing in Quants 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 Quants.
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.