We create a quantum-resistant, energy-efficient, industrial-grade business-ready platform. QAN is easy to use and pays well for developers, node-providers and all the players involved.
The crypto world is at crossroads - continue to run vital transactions on insecure, outdated, slow, archaic blockchain platforms (e.g. Ethereum) or reform and adopt a new generation, a blockchain platform that provides quantum security, simplifies business processes and is easily programmable.
QAN is the first quantum-proof, secure, fast and multilingual crypto platform that runs smart contracts in all major languages and meets the real demands of industries adopting crypto.
The unique Proof-of-Randomness (PoR) protocol behind it was built with ease-of-use and fast scalability in mind, focusing on the universal usability of the platform.
Main Product Features
QAN has mapped out all the key features needed by industry players, developers, and platform users, and combined them into one powerful solution
These features are:
Industries: Fintech, Logistics, AI.
A number of industries are already prepared for blockchain and crypto adoption – but, unfortunately, 10 years later the crypto platforms still do not meet these demands. Most industries that are using fast adopting blockchain technologies are already ahead with their demands compared to what the most used platforms can provide today. And it is only the tip of the iceberg. There are many dependent industries that would fast adopt blockchain once the major incumbents of their industry start using it and demand the same from their partners.
Solving the “Blockchain Trilemma” of Vitalik Buterin:
“Existing blockchains can offer at most two of the following three properties: Security, Scalability, and Decentralization”. But without all three, we cannot build a truly borderless economy that blockchain originally promised. Some new generation blockchain platforms do provide solutions for one or two, but not all three of these issues since all three cannot be solved at the same time.
At QAN we currently focus on security and decentralization and will address the scalability issue with a general Sharding framework - with ease of development, high security, and scalability. So all other new-generation platforms are competition but none of them is truly industry-ready yet.
The business model builds on the advantages of the new platform. The concept builds on the scarcity and necessity of a new platform that answers all the real needs of today’s crypto world, such as high transaction speed, quantum-proof security, and industrial 5G/IoT-readiness. Due to the attractiveness of the offering, the general usage - via writing smart contracts and applications - of the platform will generate interest in the associated token (QARK), which will correspondingly increase in value. The platform also generates income directly from users:
In each case, the platform receives a fee from the various users of the platform.
Sales and Marketing
The platform responds to the real needs of the industry. As a result, it is the company’s expectation that the key features - superior transaction throughput speed, universal accessibility in traditional coding languages, fixed transaction prices in FIAT and quantum hardness are all important keywords in today’s crypto environment. As a result, it is anticipated that word-of-mouth in the tight-knit developer community will be a key factor in distributing the news about QAN. In addition, CentrumCircle.com, who is running the token issuance, teamed up with BitBay.net and a Decentralized Exchange to boost the news coverage and about this market entry. These two exchanges have a combined 2M+ reach, largely focusing on the hard to access investor segment.
Token Sales and Economics
|Seat||Lőőtsa tn 5, 11415 Tallin, Estonia, European Union|
|Offices||Hungary, European Union|
|Industry||New generation crypto platform|
|Development started||Q4 2018|
|Company founded||Q2 2019|
|Utility token||QARK (DEO @ Decentralized Exchange, IEO @ BitBay.net)|
|Invested so far||$2.4m|
|Burnt so far||$1.5m|
|Funds requested in pre-sale||$12m|
|Use of requested funds||Product Development from 80% readiness to 100% by Q4 2020, further expansion – international developer community & corporate partnership|