What does it do?
Qtum is an open sourced public blockchain platform which allows to use business-friendly smart contracts, decentralized application platform and customize solutions for enterprise clients.
- Decentralized Governance Protocol (DGP).
- Abstract Account Layer.
- x86 Virtual Machine.
|Company Name||Qtum Foundation Ltd.|
|Incorporation date||November 28, 2016|
|Incorporation Address||100 TRAS STREET|
|Crypto Currency||Price (Euro)||24H % Change|
|Initial Funding & Distribution|
|Token Type||ERC-20 (on October 4th, 2017 Ignition Tokens took place)|
|Total Supply Sold||51 000 000 QTUM|
|Total Amount Raised||15 000 000 USD|
|Price During the Crowdsale||0.3 USD|
|Token Distribution||51% Crowdsale (51M QTUM)|
8% Angel Backers (8M QTUM)
12% Team (12M QTUM)
9% Marketing (9M QTUM)
20% Business development (20M QTUM)
|Distribution of Funds raised||n/a|
|Crowdsale Date||March 12, 2017|
| Sources: |
|Chief Information Officer||Miguel Palencia|
|Head of PR&MKT||Stella Kung|
|Marketing Director||John Scianna|
|Business Development Director||Natalie D.|
|Total number of Commits||109 408 Commits (78 Repositories)|
Amazon Web Services – a subsidiary of Amazon that provides on-demand cloud computing platforms.
Celer Network – a technology that brings internet scale to existing and future blockchain off-chain scaling techniques.
bluzelle – a decentralized database.
360 Finance – one of the largest FinTech companies in China.
Baofeng Bokocloud – launched by Beijing Baofeng Xinying Technology, a subsidiary of Baofeng Group (Shenzhen Stock Code: 300431), Baofeng Bokocloud is the world’s first Blockchain Consensus Network (BCN) platform.
Energo Foundation Pte Ltd – the largest clean energy producer in Philippines.
Bingo – an entertainment platform for decentralized blockchain.
Ethereum – a decentralized platform that runs smart contracts and it allows developers to create their own decentralize application.
Lisk – a blockchain application platform that helps developers to build blockchain applications and deploy their own sidechain linked to List network.
NEO – a smart economy platform where users can digitize assets using the decentralized network of blockchain technolohttps://omisego.network/gy and digital identity.
AION – a platform for building decentralized applications.
Waves – an open blockchain platform which allows tokenization.
Potential market and clients
The adoption of Qtum mainly depends on the demand for businesses to integrate blockchain.
Utility and economic dynamics
- QTUM can be used for staking.
- QTUM can be used as a transfer of value and paid for fees on the platform.