Introduction to QNT Cryptocurrency
QNT is the native utility token of Quant Network, mainly used to access and operate services on the Quant platform, including the blockchain operating system Overledger. Quant Network is a blockchain platform designed to solve interoperability issues between different blockchains and networks.
Main features and characteristics:
- Interoperability Layer: Overledger network acts as an interoperability layer, allowing multiple blockchains to connect and interact with each other, thereby enabling secure transfer of data and digital assets between different ledger systems.
- Multi-Chain Applications (MApps): Quant Network allows the creation of multi-chain applications (MApps) that can interact with multiple blockchains simultaneously, enabling enterprises and organizations to leverage blockchain technology in a more flexible and efficient manner.
- Security and Regulatory Compliance: Quant Network focuses on providing enterprise-grade solutions with a priority on security and regulatory compliance, attracting attention from a wide range of industries, especially those operating in regulated environments.
- Core Components: Overledger serves as an API gateway supporting multiple distributed ledgers, facilitating communication between computer programs through a four-layer protocol architecture including the transaction layer, messaging layer, filter and order layer, and more.
Founding Team:
- Gilbert Verdian: Founder
CEO and Co-founder: Jean-Paul de Jong, with extensive experience in cybersecurity, has held leadership positions at well-known institutions such as Vocalink (Mastercard), the UK Ministry of Justice, and HSBC.
- Jean-Paul de Jong: Co-founder, a tech-savvy professional with experience in building scalable software.
Total Supply and Allocation:
- Total Maximum Supply: Capped at 14,612,493 QNT.
- Allocation Method: Initially issued 9.9 million QNT to the public, founders, and the Quant team, with the remaining portion reserved for company reserves, enterprise licenses, and growth.