ICO Quadrant Protocol - a platform that opens access to the creation and distribution of large volumes of reliable data
Company:
Quadrant is a blockchain-based protocol that enables the access, creation, and distribution of data products and services with authenticity and provenance at its core. The data economy is similar to space; unmapped and chaotic. Quadrant serves as the blueprint that provides an organized system for the utilization of decentralized data.
Project:
Quadrant will work on the basis of a mechanism for negotiating more transactions to handle more transactions, which is done for faster transactions and restricting the access of malicious data to the network. As an anchor for security purposes, the Proof of Work network is used. At present, Ethereum blocking will be used for binding, but in case of need it can be replaced by any other.
Capabilities:
- Quadrant Protocol could open up to a slow start. The project functions as a platform and while it has established an initial source of high-quality data providers, the goal is to create a platform that can provide products.
- It will take time to hone a community dedicated to scraping the good data from the bad and then developing products from it.Quadrant Protocol does recognize this weakness and that’s why 10% of all tokens will be allocated for networking and community development.
- Large initial incentives could bring in a volume of talent necessary to complete the platform’s needs for successful functioning.
Mechanism of work (participants):
- NURSERIES — The are known as the Atomic data producers(ADPs). These are the people that create the real data records which could be categorized into constellations.
- ELONS — The people that use the made information/data items and with them, construct new and special products and services. They depend on Constellations and Constellation outlines.
- PIONEERS- These are the information/data vendors that create information/data products using the quadrant smart contracts.
- GUARDIANS — The master nodes that secures the trustworthiness of the chain, making sure that it is not tampered with. The Guardians guarantees that the Constellations made by the Pioneers are not tampered with.
Token & ICO:
The sale of tokens in Quadrant is divided into sections.
The first section involves soft cap or hard cap. The soft cap goes for $20 million and a $3 million soft cap. The currency that is used for buying and selling token is ETH. The exchange rate for this currency in most cases remains relatively constant. The rates follow that $0.05 USD is equal to 1eQuad. The ETH price is always pegged one day before any sale takes place. The sale of token involves people who pass the KYC or AML checks. Quadrant gives out a supply of one billion and eQuad distribution of different amounts. If you need information, the token type is ERC-20.
- Number of tokens - 1,000,000,000 eQuad
- Cost of 1 eQuad token - 0.05 USD
- Soft Cap - 3,000,000 USD
- Hard Cap - 20,000,000 USD.
more info:
Website=> [https://www.quadrantprotocol.com/]
Whitepaper=> [https://s3-ap-southeast-1.amazonaws.com/quadrant-home-secure/assets/images/Quadrant_Protocol_Whitepaper_V1.0.pdf]
Telegram=> [https://t.me/quadrantprotocol]
Reddit=> [https://www.reddit.com/r/quadrantprotocol/]
Medium: [https://medium.com/quadrantprotocol]
Author:
Username => lani123lani
https://bitcointalk.org/index.php?action=profile;u=1220105
ETH Address => 0xaeC6B59a69a13FBea61AC87b27Cc50d8F594F923