March 6, 2023
Tron (TRX)
Tron is a proof of stake cryptocurrency that has been built on the Tron blockchain network.
Bright Ideas: Quant (QNT)
Quant was launched in 2018 as an Ethereum token aiming to connect public blockchains and provide digital access to specific applications or services.
Price:
$140.30
Mkt Cap:
$1,695,360,825
View Coin Page
Project Fundamentals
- Quant is an Ethereum token which according to Quant “delivers interoperable ecosystems and real-world solutions that lower costs, enable new business, and mitigate risk.”
- Quant, despite operating on Ethereum, is blockchain agnostic which means it can easily swap to any other blockchain.
- QNT unlike other tokens has a maximum supply meaning there will never be any more tokens minted
Partnerships / Implementation
- Quant has partnered with LACChain, a global alliance led by the IDB Lab which is the innovation laboratory of the Inter-American Development Bank Group.
- Quant has also partnered with one of the worlds largest database management company offering software and technology.
- Some of the key use cases include: electronic health records, decentralized messaging solutions, middleware products, Identity broker solution and Fiat currency gateways
Roadmap and Announcements
- In 2022, Quant has seen the number of daily active addresses (DAA) remain strong despite the broader market downturn.
- In October 2022, Quant achieved returns exceeding 450% from its June lows.
- Currently Quant has entered into a wedge after a strong September and October, and is now consolidating on a strong level of support which aligns with a 50% Fibonacci Retracement.
- Throughout 2022 Quant experienced a significant increase in its number of daily active addresses.
Technical Analysis
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Bitcoin (BTC)
Bitcoin is synonymous with cryptocurrency itself and has always been the largest by market capitalisation.
