QNT Cryptocurrency: Everything You Need to Know About Quant Network and Overledger

QNT: Everything You Need to Know

QNT is the native token of Quant Network and Overledger. QNT is an ERC-20 compatible token that runs on the Ethereum blockchain. QNT has several functions and use cases within the Quant ecosystem.

First, QNT is used to pay for the services and fees on Overledger. Users who want to access Overledger or use MApps have to pay a fee in QNT tokens. Developers who want to create MApps or connect their existing applications to Overledger have to pay a licensing fee in QNT tokens.

Second, QNT is used for staking and governance on Overledger. Users who want to run nodes or validators on Overledger have to stake a certain amount of QNT tokens as collateral. Staking QNT tokens also gives users voting rights and influence over the development and direction of Overledger.

Third, QNT is used for incentivization and reward on Overledger. Users who contribute to the security, performance, and innovation of Overledger can earn QNT tokens as rewards. For example, users who provide liquidity, data, or computing power to Overledger can receive QNT tokens as compensation.

Why is QNT valuable?

QNT is valuable because it represents the demand and utility of Overledger and its services. As more users and developers adopt Overledger and create MApps, the demand for QNT tokens will increase. This will drive up the price and value of QNT tokens in the market.

QNT is also valuable because it has a fixed supply of 14.6 million tokens. This means that there will be no inflation or dilution of QNT tokens over time. As the supply remains constant and the demand grows, the scarcity and value of QNT tokens will increase.

QNT is also valuable because it has a strong team and vision behind it. Quant Network was founded by Gilbert Verdian, a former CISO of Mastercard, who has over 20 years of experience in cybersecurity, technology, and business strategy. He is also the founder of the Blockchain ISO Standard TC30, which aims to establish global standards for blockchain technology. The co-founder of Quant Network is Dr Paolo Tasca, a digital economist and blockchain expert who has advised the EU Parliament, the UN, and several central banks on blockchain technology. The team also consists of other experienced professionals from various fields such as finance, engineering, marketing, and research.

QNT is one of the most promising cryptocurrencies in the market today because it offers a unique solution to one of the biggest problems in the blockchain industry: interoperability. By connecting all blockchains and networks through Overledger, QNT aims to unlock the full potential of blockchain technology and create a more efficient, secure, and innovative digital economy.