What is QNT Crypto – Quant Review 2023

Let’s dive into Quant (QNT), a cryptocurrency with a unique approach that’s stirring up the digital finance world. Quant’s significance lies in its problem-solving capabilities, specifically around addressing blockchain interoperability using a set of unique features.

In this article, we’ll take a deep dive into all things Quant. From its conception to how it operates, what sets it apart in the saturated crypto market, and the tokenomics behind QNT. Plus, we’ll guide you on how to buy QNT with the lowest fees. 

So let’s get started! 👇

 

What is Quant Network?

At its core, Quant Network is a blockchain interoperability protocol aimed at allowing different systems to communicate and interact seamlessly. Its key feature is “Overledger”, a blockchain operating system that enables the development of multi-chain applications (mApps). This unique feature sets Quant apart by enabling applications to run on multiple blockchains concurrently.

By increasing the accessibility and efficiency of blockchain technology, Quant finds use in various real-world scenarios. From improving the efficiency of supply chains to revolutionizing the healthcare industry through secure patient data sharing across platforms, Quant is pushing the boundaries of blockchain applicability.

 

Who is the creator of Quant?

Quant was launched in 2018 by Gilbert Verdian, a seasoned professional with a robust background in cybersecurity. Before starting his blockchain venture, Verdian has spent more that 20 years working as a cybersecurity expert for both the British government and big private sector institutions. 

Verdian’s vision for a more connected and efficient blockchain landscape is the driving force behind Quant’s success. 

 

How does Quant Network work?

The Quant Network functions based on a groundbreaking technology known as Overledger. Unlike traditional blockchain technologies that operate in isolation, Overledger provides an interface that connects multiple blockchains, even ones built on different protocols.

The Overledger system categorizes blockchains into two groups: connectors and maps. The maps ensure that Overledger remains fully updated about the various states of all the blockchains it interacts with. The connectors, on the other hand, enable interactions with the individual blockchains, with each connector adapting Overledger to the specifics of the chain.

Quant Network also leverages a distinctive Treaty Contract. Unlike smart contracts which are restricted to a single blockchain, Treaty Contracts function across multiple blockchains, enabling cross-chain functionality. This is how Quant ensures communication and seamless interoperability among various blockchain networks.

 

What makes Quant (QNT) unique?

The main unique features of Quant Network include:

1. Overledger: Quant’s Overledger is a blockchain operating system that facilitates the development of multi-chain applications (MApps) by enabling communication between different blockchain protocols.
2. MApps (Multi-chain Applications): Quant Network empowers developers to create MApps that can operate across multiple blockchains simultaneously, providing unparalleled flexibility and access to a wide range of blockchain features and services.
3. Interoperability: Quant Network uniquely solves the interoperability problem by allowing different blockchains to communicate and interact with each other, effectively connecting what has been a fragmented blockchain landscape.
4. Security: Quant Network introduces a unique security layer through its Overledger system, which ensures that multi-chain applications (MApps) are not only interoperable but also secure.
5. Scalability: Quant Network achieves high scalability due to Overledger’s ability to process a significant number of transactions across multiple blockchains concurrently.
6. Quant Treasury: An innovative feature that allows users to access all services with a simple subscription model, abstracting away the complexities of handling different tokens on different networks.

 

Quant (QNT) Tokenomics

QNT token has a maximum supply of around 14.8 million tokens and a circulating supply of just over 12.07 million tokens, as of May 2023. QNT is a deflationary cryptocurrency, which implies that its supply will shrink over time, potentially making the token more valuable.

As of May 2023, QNT is trading at the price of $99.68. It touched an all-time high price of $428.38 in the bull market of September 2021. Although it didn’t retain that high, it has managed to maintain a steady performance, now positioned at 37th place in the market cap rankings.

QNT token’s current market cap is $1 billion and its daily trading volume is $22 million. With a firm position in the market and a deflationary nature, QNT offers a compelling tokenomics structure for potential investors to consider.

 

Is Quant (QNT) a good investment?

Investing in Quant Network (QNT) could be potentially promising for several reasons:

1. Unique Proposition: Quant Network is one of the few projects that offer interoperability solutions in the blockchain space. With the increasing number of blockchain projects, the need for them to communicate and work with each other seamlessly is expected to grow, which could significantly increase the demand for Quant’s services.
2. Real-world Application: Quant’s Overledger technology has been adopted by numerous organizations across different sectors, from finance to healthcare, indicating a strong market presence and use case for the technology.
3. Deflationary Tokenomics: QNT’s deflationary nature could serve as a price support mechanism in the long term, as the total supply of tokens decreases over time, increasing the relative value of each token.
4. Strong Partnerships: The Quant Network has established partnerships with high-profile organizations like Oracle, LACChain, and the AllianceBlock. Such partnerships add credibility and could bring in more business, potentially boosting QNT’s value.
5. Regulatory Compliance: Being one of the first blockchain technology providers that is fully compliant with GDPR rules enhances its reputation and positions it for potential future growth in a world where data security and privacy are becoming more and more critical.

However, like any investment, investing in QNT comes with risks, including the overall volatility of the cryptocurrency market. It’s crucial to do thorough research and consider your own risk tolerance before investing.

 

How to buy QNT on Guardarian?

If you are looking for a secure, reliably and cheap place to buy QNT, make sure to check out Guardarian. With us you can buy & sell QNT along with 400+ other cryptocurrencies instantly, without registration and with minimal fees. Here’s a simple guide:

1. Visit www.guardarian.com.
2. Choose QNT as the crypto to buy and what you will be paying with.
3. Enter your crypto wallet address.
4. Complete our instant checkout process – no registration needed.
5. Check your wallet – your QNT will be there in just minutes.

 

Conclusion

Quant is a dynamic force in the crypto space, with its focus on fostering blockchain interoperability. Its Overledger system, the experienced team, and strong partnerships contribute to its position as a potentially lucrative investment. 

And if you would like to leverage Quant’s potential by investing into the project, make sure to visit Guardarian for the best deals on QNT as well as instant & secure exchanges. ✨

 

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research (DYOR) and consult with a professional financial advisor before deciding to invest into any cryptocurrency.