Quant (QNT) Logo

Quant

QNT

#90

Rank

$ 702.93 M

Marketcap

15 million

Max.Supply

$58.22

price

-1.80%

Change (1 day)

-58.73%

Change (1 year)

Platform

Interoperability

Real World Assets

Quant is a cryptocurrency that allows users to earn a tokenized income based on various data sources. It is built on the Ethereum blockchain and uses smart contracts to incentivize data providers with QNT, its native token. Quant's platform enables real-time data sharing between data providers, data consumers, and market makers, creating a new data economy.

Market Cap of Quant

As of 1 November 2024 Quant(QNT) has a market cap of $ 702.93 million USD. This makes QNT the world's #90 most valuable Cryptocurrency by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded CryptoCurrency circulating supply and is commonly used to measure how much a Cryptocurrency is worth in Public Market.


Quant Statistics
Volume (24h)
$ 14.03 M
Max.supply
15 million
Circulating Supply
12.07 M QNT
M.Cap Total Supply
$ 866.47 M

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QNT Percentage Change
Percentage Change 1h
0.14 %
Percentage Change 24h
-1.80 %
Percentage Change 7D
-4.81 %
Percentage Change 30D
-12.89 %
Percentage Change 60 D
-6.45 %
Percentage Change 90 D
-9.21 %
Year To date Percentage Change
-58.73 %
Percentage Change 1 Y
-44.66 %

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QNT Links

Price History of Quant

As of 1 November 2024 Quant(QNT) price is $ 58.22 USD. The percentage change over the last hour has increased by 0.14% In the past 24 hours, the price has fallen by 1.80%.
Over the last week, there has been a negative change of 4.81%. Looking at the past 30 days, the percentage change shows a decrease of 12.89%. Over the last 60 days, the price has lost 6.45%, and for the last 90 days, it has dropped by 9.21%.
Year-to-date, there has been a significant decrease of 58.73%, and over the past year, the price has depreciated by 44.66%. In terms of trading activity, the volume over the past 24 hours is $ 14.03 M The maximum supply of the asset is capped at 15 million, with a circulating supply of 12.07 M QNT.

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Volume History of Quant

As of 1 November 2024 Quant(QNT) has volume 24(h) of $ 14.03 M USD.

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About Quant

Quant: Connecting the Blockchain World

Imagine a world where all the different blockchains – like Bitcoin, Ethereum, and others – can talk to each other seamlessly. That's the vision behind Quant, a groundbreaking project that aims to solve one of the biggest challenges in the world of cryptocurrency: interoperability.

Think of blockchains as different countries. Each country has its own language, rules, and way of doing things. If you want to send money from one country to another, you need a translator and a way to convert your currency. In the world of blockchains, it's the same. You need something to bridge the gaps between them and make them understand each other.

That's where Quant comes in. It's like a universal translator for blockchains, creating a network called Overledger that allows different blockchains to interact and exchange information.

What is Quant (QNT)?

Quant is a project launched in June 2018 with the goal of connecting blockchains and networks on a global scale. It's the first project to tackle the interoperability problem by building the first blockchain operating system, kind of like a "Windows" for blockchains.

Think of it this way: Just like Windows lets you run different programs on your computer, Quant's Overledger network lets developers build applications that can work across multiple blockchains.

The Key to Interoperability: Overledger

At the heart of Quant is the Overledger Network. This network is like a superhighway that connects different blockchains, allowing them to communicate and share information smoothly.

Overledger gives developers the tools to create decentralized multi-chain applications (MApps). These apps can work on different blockchains, like Ethereum, Bitcoin, or even those yet to be created. This opens up a whole new world of possibilities for developers to build innovative applications that can tap into the power of multiple blockchains.

The Founders of Quant

Gilbert Verdian: Verdian, one of the founders of Quant, had the idea for the project while working in the healthcare industry. He realized the importance of interoperability in making sure patient records were accessible across different healthcare systems. Verdian has over 20 years of experience working in technology and security, having served as the chief information security officer for companies like Vocalink, a Mastercard company, and eHealth NSW.

Dr. Paolo Tasca: Tasca is a digital economist specializing in distributed systems, the technology behind blockchains. He has served as an advisor on blockchain technologies for organizations like the European Parliament, the United Nations, and several central banks around the world. He's also a co-founder of the Retail Blockchain Consortium, an organization focused on bringing blockchain technology to the retail industry.

What Makes Quant Unique?

Quant's unique approach to interoperability is what sets it apart from other projects. Here's how:

  • The Overledger Network: This network acts as a gateway for any blockchain-based project to interact with other blockchains. It allows developers to connect applications across different blockchain ecosystems, like connecting an Ethereum application to a Bitcoin application.

  • Multiple Layers for Interaction: Quant doesn't just connect blockchains; it creates different layers for applications to interact at various levels. These layers handle things like transactions, messages, filtering, ordering, and sharing information. This makes it easier for developers to build complex and secure applications that can work seamlessly across different blockchains.

  • The Quant App Store: This app store provides a platform for developers to create, release, and share multi-chain applications (MApps). It also enables developers to create smart contracts that work across a variety of blockchains, including those that don't traditionally support them, like Bitcoin.

The Quant Token: QNT

The Quant token (QNT) is the fuel that powers the Overledger network. It's a utility token, meaning it's used to pay for services on the network.

Here's how QNT works:

  • Licensing: Developers and businesses need to buy a license to use the Overledger Network. They can use QNT to pay for these licenses.
  • Transaction Fees: QNT is also used to pay for transactions on the Overledger Network, like sending information between blockchains.
  • Gateway Operations: Gateways, which connect different blockchains to Overledger, require QNT to operate smoothly.

QNT Token Supply and Distribution:

Category QNT Tokens
Public Sale (ICO) 9.9 million
Company Reserve 2.6 million
Founders 1.3 million
Advisors 651,000
Total Max Supply 14,612,493

Current Circulating Supply: 12,072,738 QNT

Note: The company holds 2 million QNT tokens that are unlocked and could be sold or issued at any time.

How is Quant Secured?

Quant's security is based on a multi-pronged approach:

  • Overledger Network: The network itself acts as a secure bridge between blockchains, ensuring that information is transmitted securely and reliably.
  • Gateways: Each gateway is responsible for connecting a specific blockchain to the Overledger network. These gateways are designed to be secure and robust, preventing unauthorized access and data breaches.
  • Community Governance: The Quant community plays a role in securing the network by helping to manage treasury smart contracts. This ensures that QNT payments flow smoothly and transparently between users and the network.

Where Can You Buy Quant (QNT)?

QNT tokens can be purchased on various cryptocurrency exchanges, including:

  • Bilaxy
  • Bittrex
  • Bithumb Global
  • 1inch Exchange
  • Uniswap (V2)
  • Hotbit

You can trade QNT against other cryptocurrencies like Bitcoin (BTC) and Ether (ETH), stablecoins like Tether (USDT), and even fiat currencies like the euro.

The Future of Quant

Quant has the potential to revolutionize the way we interact with blockchains. By solving the interoperability problem, it can unlock a world of new possibilities for developers and businesses to build innovative, cross-chain applications.

As the blockchain ecosystem continues to grow and evolve, Quant's Overledger network is poised to play a critical role in connecting different blockchains and creating a more interconnected and accessible digital world.

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