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:

$167.10

Mkt Cap:

$585,394,802

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.
Technical Analysis
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