Listen to $QNT CEO Gilbert Verdian here ๐ง๐ฝโโ๏ธ
โProgrammability in the Capital Markets is gonna be Powerfulโ
Who do u think is enabling the Programmability of Money
Hmmmm $QNT
Everything you need to know about $QNT in 60 seconds:
โข Their technology allows ALL blockchains and DLTs to interoperate through APIs, irrespective of design. Itโs fully patented and compliant with major standards bodies.
โข Their partnerships are orders of magnitude larger than any other project in crypto. These include the Bank for International Settlements, entire continental regions, and the fastest growing software company in the world.
โข Their tokenomics are directly tied to token usage. The supply is 30% LESS than $BTC (14.88M) and are all minted and in circulation.
โข Their CEO has a 20-year history as a high-level cybersecurity executive in governments & central banks. His entire career has been dedicated to building mission-critical internet systems.
๐ ๐๐ฒ ๐ญ๐ก๐๐ฌ๐ข๐ฌ:
If you believe in Quantโs technology, you no longer have to pick โwinnersโ in crypto.
Instead of betting on which car company is the best, you simply invest in the road itself.
In other words...
Competition is an illusion.
๐๐๐ฒ๐ฟ๐ ๐ฑ๐ฎ๐๐ฎ๐ฏ๐ฎ๐๐ฒ ๐ฎ๐ป๐ฑ ๐ฏ๐น๐ผ๐ฐ๐ธ๐ฐ๐ต๐ฎ๐ถ๐ป ๐๐ถ๐น๐น ๐ฝ๐น๐๐ด ๐ถ๐ป๐๐ผ ๐ข๐๐ฒ๐ฟ๐น๐ฒ๐ฑ๐ด๐ฒ๐ฟ, ๐บ๐ฎ๐ธ๐ถ๐ป๐ด ๐ถ๐ ๐๐ต๐ฒ ๐๐ป๐ถ๐๐ฒ๐ฟ๐๐ฎ๐น ๐ผ๐ฝ๐ฒ๐ฟ๐ฎ๐๐ถ๐ป๐ด ๐๐๐๐๐ฒ๐บ ๐ณ๐ผ๐ฟ ๐บ๐๐น๐๐ถ-๐ฐ๐ต๐ฎ๐ถ๐ป ๐ฎ๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐.
With a $2B market cap, $QNT is the strongest fundamental buy in crypto.
You bought at the top?
I did that too.
You sold near the bottom?
I did that too.
You didnโt take profits?
I did that too.
You took profits too early?
I did that too.
You invested in shitcoins?
I did that too.
You ignored great projects?
I did that too.
You wasted time following idiots?
I did that too.
You lost money in scams?
I did that too.
You bought when you should have sold?
I did that too.
You sold when you should have bought?
I did that too.
YOU LEFT THE MARKET CRYING?
I NEVER DID THAT AND NEVER WILL.
Thatโs the only difference between unsuccessful and successful investors.
All those mistakes are normal.
They are all part of the learning process.
You canโt become wealthy if you donโt fuck up in the beginning.
Analyze your mistakes.
Learn the lessons behind them.
Put in the hard work.
IF YOU WENT THROUGH THE SAME HARDSHIP I ENDURED, AND YOU ARE STILL HERE:
CONGRATS
YOUโRE LIGHT-YEARS AHEAD OF 90% OF THE WORLD POPULATION.
2024 WILL BRING YOU ABUNDANCE & REPAY ALL YOUR SACRIFICES.
JUST STAY FOCUSED AND DONโT REPEAT THE SAME MISTAKES YOU MADE IN THE PAST.
๐
Dutch political commentator, Eva Vlaardingerbroek, on the WEF's plan to impose a personal carbon allowance, connected to digital ID, under the guise of tackling the imaginary "climate crisis":
"The CEO of one of the largest Dutch banks said, if everyone gets individual personal carbon credits, why don't we make it so that rich people, who for example want to go on holiday a little too often, can buy personal carbon credits from people who can't afford buying plane tickets or eating meat too often?"
"So what will happen is the rich will get richer, the poor will get poorer, and they're saying it openly as if it's not a controversial thing at all. It's neo-feudalism. That's what it is."
Sources:
https://t.co/r6GehBHfgs
https://t.co/GDy0IjL4GM
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#ClimateScam #NetZero #WorldEconomicForum
For those who donโt watch the UFC, something incredible happened last night Bryce Mitchell whose from Arkansas, while he was being introduced brought a Bible into the Octagon and yelled freedom, the commentators said that was the first time that a Bible has been brought into the Octagon. After he won, he invited Dan Ige his opponent to pray over the nations, he said he was donating $5,000 to Hawaii, brought the Bible back in to the Octagon, and, rebuked Satan publicly over national TV.
The UFC wouldnโt let him pray over the mic but Dan and him dropped down to their knees in the middle of the Octagon to pray. Iโm so thankful there are still people out there who arenโt afraid to speak the name of Jesus
๐ฑWelcome to the NoBSCrypto-Breakdown EP7
In this segment we'll be looking into $QNT
Topics included will be the 3 T's
-Tech
-Team
-Tokenomics
What's $QNT?
Quant Networkโs proprietary solution Overledger is an operating system that allows for interoperability between any technology or system
Because of this they operate completely different to traditional crypto/blockchain projects
They're not a L1
They're not a L2
They're not a DeFi dApp
They're not an NFT project
They're not a cloud solution
Heck, they're not even a blockchain!
But their technology Overledger does encompass all of these technologies and more through universal interoperability
For the most part, interoperability in crypto has been done through bridges and wormholes
If you were here for the last bull run, you probably get PTSD just thinking of all the hacks & exploits from those solutions
$QNT Overledger goes far FAR beyond this
With traditional blockchain interoperability, tokens are usually wrapped to fit the requirements to work with the other chain
Another common solution is having connecting various blockchains into one interoperable blockchain serving as a bridge
$QNT does this differently
Without getting too technical, Overledger sits over top of the blockchain & L2 layer finding common language between different technologies
This is done through the use of APIs
Not sure how APIs work?
1๏ธโฃImagine you're at a restaurant
2๏ธโฃYou open the menu
3๏ธโฃServer comes to takes your order
4๏ธโฃYou ask for a steak cooked rare
5๏ธโฃServer relays order to kitchen with specific request
6๏ธโฃServer brings you your order as requested
Pretty straightforward task right?
Well in this scenario the server is essentially an API
You never interact with the kitchen in any form
Yet they still knew exactly what you wanted
The server is the equivalent to an API being a communications gateway between two parties that never interact together
This concept allows for the ability to create mDapps
These are dApps just like what you'd see on $ETH or $EGLD
Though the key difference here is that the applications are agnostic to any blockchain
Meaning you could build an app thats accessible on public EVM chains like $ETH or WASM chains like $CSPR, or even permissioned chains like Corda!
And beyond this you can actually leverage multiple blockchains
Lets say you want the PoW consensus of Bitcoin, but you want the scalability of XRP Ledger and keep everything private like Hyperledger Fabric
Overledger makes this possible
But enough about their technology
They've clearly got quite a unique way at tackling interoperability, but whose behind the project?
We've first got to start with the CEO & Founder of $QNT
Gilbert Verdian is a seasoned cybersecurity expert, having worked at the top of the corporate and even government level
Here are the most notable points of his CV
โข CISO of NSW Government
โข 2017 CISO of the year @Vocalink
โข US Fed Secure Payments Committee
โข US Fed Payment Improvement Task Force
โข EU Blockchain Observatory member
โข Chair of DLT @BSI_UK
On top of this Gilbert's even the founder of an ISO standard!
This is ISO TC 307, its the ISO standard for blockchain & DLT
Quite fitting right?
Currently there are already 50 countries behind ISO TC 307 with Canada, Japan, China & UK being some of the most supportive ones
Andrew Carrier serves as $QNT CMO and he brings an incredibly strong financial background
He spent 8 years at SWIFT climbing from Product Management all the way up to Head of PR & communications before leaving in 2011
Andrew proceeded to spend 3 years at Deutches Bank as the Marketing Director
His financial focused background is definitely a huge plus for Quant
$QNT also has 2 very unique directors
First theres Guy Dietrich, much like Andrew he carries a long history of experience in finance
With over 26 years at investment fund Goldman Sachs & 3 years managing for the one and only, Rockefeller Capital
Theres also Neil Smit, to say he has experience expanding networks would be an understatement
He is currently on the Board of Advisors for Qualcomm, a multinational technology providers firm traded on the NASDAQ
But prior to this he also oversaw both AOL & ComCast, both of which were some of the largest names in their field at one point
Overall the Quant team is filled with nothing but seasoned experts in professional services, which perfectly fits their projects approach
As their main focus is connecting enterprises to blockchain technology, their partnerships directly reflects that
For today our focus will be on
- Oracle
- SIA/Nexi
- Bank for International Settlements
Oracle needs no introduction, they're one of the largest technology provider companies in the world!
They have partnered with $QNT to allow Overledger to be their prime blockchain interoperability solution, in addition to cloud
This partnership itself has the potential to bring in millions of Oracle's clients to begin leveraging blockchain technology while still having their legacy infrastructure play a key role
SIA had partnered with Quant back in 2020 to solve blockchain interoperability for banking
They had successfully demonstrated connecting Ethereum, Corda & Hyperledger Fabric together enabling open banking operations on DLT
Without getting too technical, they had built SIAChain using Overledger as a white-label service. Essentially meaning that Quant had licensed SIA to use their technology in the way they best see fit
The Bank for International Settlements (BIS) has been testing various CBDC sandboxes for about 2 years now
While there were various projects like Helvetica, Jura & mCBDC that all seemed to show potential signs of Overledger, there was never any official statement
That is until Project Rosalind...
Project Rosalind is a collaboration between the Bank of England & BIS for a retail CBDC using a layered API approach
I won't get too deep into the technical bits, but heres what you need to know:
- Central bank layer stores CBDCs
- API connects to financial service provider apps
- Retail end user interacts with FS apps
- API then calls user requests
- Central bank ledger updates these requests
So in this instance you were once again ordering food at the restaurant
The fin service providers such as Visa, Mastercard or PayPal would be the server relaying your order
And finally the Central bank ledger would be the chef cooking up your requests in the kitchen๐ณ
Few other notable partners and collaborations of theirs include
Gov UK Marketplace
AUCloud (Australia govt cloud)
LACChain (IDB Labs)
UST
Finally we'll quickly touch base on the $QNT token
Simply put, $QNT was made to operate in stealth
From the white label service nature of how they offer Overledger, to how $QNT is used in the network
As they're so enterprise focused they understand that no business will want to transact in crypto
Beyond this we know that tokens are a touchy subject in terms of regulations at this point in time
Instead what they've done is allow front end users to choose to pay with fiat or QNT for their services
But regardless in the end, the QNT treasury will automatically convert the currency to QNT to fit the platforms needs
Some of the services on Overledger that require $QNT would include:
- Paying fees for interoperating
- Paying subscriptions to use Overledger
- A form of identity on the network
- Securing Overledger
Circulating: 14,544,176
Total: 14,881,364
97.7%๐คฏ
The token is perfectly fit for what an enterprise would want, and thats no token at all!
By removing the users having to directly interface with QNT, but having the utilities of $QNT flow on the backend instead could ironically be the path to driving maximal adoption
Because realistically, who ACTUALLY wants to use and add a volatile asset in an emerging unregulated market to their balance sheets?
Not me thats for sure
This ability to allow seamless use of the token without knowing it is, in my opinion the perfect answer which we've also seen other projects like $CSPR $RNDR $MNW $EWT all begin utilizing
__________________________________________________
To conclude our $QNT analysis,
This has been one of my favorite projects for a long, long time
Theres really nothing like it in crypto or anything in the world of tech really
Quant has decided to forgo the traditional route of connecting blockchains through an interoperable blockchain
Instead they realize the solution is to build a system that can speak to any technology and connect them to any blockchain
As realistically, having a blockchain that connects to every other chain is great, but at the end of the day the industry will still be siloed from the rest of technology
Combine this with their 97% total circulating supply, the teams expertise and their heavy hitting collaborations & I think we've got the perfect storm๐ฉ
___________________________________________________
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My goal is to bring you guys consistent news on the crypto and blockchain industry, minus all the BS of course
๐Stay tuned as we get ready for EP8 of the NoBSCrypto Analysis on Wednesday
๐๐ช๐บ Big news in the world of #Bitcoin! ๐คฏ The EU just voted to let banks hold 2% of their capital in BTC! ๐ฆ๐ฐ
This will come into power in Jan 2025!
It's official: Crypto is going mainstream, and the financial revolution is unstoppable! ๐ฅ๐
Get ready for a wild ride to the moon ๐๐ because this is just the beginning! ๐๐ฐ #BTC #Crypto #BankingOnBitcoin
"As Reuters reports, the Economic Affairs Committee of the European Parliament on Tuesday approved a bill to implement the final stage of the post-financial crisis global bank capital rules (Basel-III) starting in January 2025. It stipulates that volatile cryptocurrencies like Bitcoin will be considered the riskiest investment."
๐โฉ Overledger release 2.2.37 is here.
From now on, you can also develop on the Sepolia๐ฌ ETH testnet.
More details to come shortly.
https://t.co/yLJIflv3y1