Quant (QNT): Price and Market Data

This overview details the network infrastructure, token utility, official total supply distribution, historical fundraising phases, and active exchange liquidity.

What is Quant (QNT)?

Quant is essentially an agnostic distributed ledger OS — they call it Overledger. Think of it as a universal API gateway that lets developers build multi-chain dApps without actually having to modify the underlying blockchains themselves. Interestingly, their whole ecosystem is really geared toward heavy institutional use cases. They're actually providing programmable settlement infrastructure for central bank projects right now. As for the native QNT token, that officially hit the public markets back on August 10, 2018.

How does the QNT crypto actually work on-chain?

QNT acts basically as a mandatory licensing token to access the Overledger infrastructure. If you're looking to build there, you need a developer license — that costs £100 a year, paid straight in QNT. Here is the deal for bigger enterprises: when they pay their fees in normal fiat, a treasury smart contract actually goes and buys QNT off the open market automatically. Those tokens then get cryptographically locked up for 12 months, which creates a nice temporary supply sink.

What is the official Quant (QNT) total supply and allocation?

Looking back at the genesis distribution, it was definitely heavily weighted toward the project's own foundation. The company reserve took up about 57.00% of the initial supply (exactly 25.92 million QNT). Founders grabbed a 29.00% allocation, and the last 14.00% was set aside for advisors and staff. You might wonder about long-term inflation with those numbers, but the protocol itself completely excludes any algorithmic inflation or standard yield-bearing block rewards.

Who backed Quant during its early fundraising rounds?

The team secured their initial capital across a few different phases. They started with a Pre-Sale way back on December 1, 2017, with tokens priced at $1.00. That was followed up by a Pre-TGE on March 19, 2018, and then the main public sale in April 2018 (offering about 9.93 million tokens). Fast forward to a July 2020 venture round, and Quant pulled in backing from Alpha Sigma Capital and Alchemmy, plus Antonio Furtado jumped in as an angel investor.

Where can you trade the QNT coin and check the Quant price?

Liquidity is pretty deep for QNT nowadays across most centralized exchanges. Sure, you have the usual suspects like Binance, Coinbase, and Kraken, but you can also find active volume on places like BYDFi, WhiteBIT, MEXC, Bitunix, Bitvavo, BtcTurk, BitMart, and BingX. If you prefer decentralized swaps, Uniswap and SushiSwap are probably your best bets. The trading pairs are surprisingly diverse too — you'll see fiat pairs like QNT/TRY right alongside the usual heavy hitters like QNT/USDT or QNT/USDC.

Do they ever conduct official QNT retrodrops?

Simply put, no. Quant Network has a pretty strict corporate policy against any kind of official airdrops or arbitrary supply dilution. Because their maximum supply is permanently fixed and the whole model relies on those enterprise licensing fees, continuous promotional giveaways just don't fit the tokenomics. Watch out, though — if you ever stumble across offers for things like "Quant Gold Airdrops," stay far away. Scammers love using fake NFTs like that in phishing campaigns to try and drain wallets.