Qtum (QTUM) Cryptocurrency Economic Model and General Information

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.

Key Features

Decentralized Governance Protocol (DGP).
Abstract Account Layer.
x86 Virtual Machine.

General information

Company Name	Qtum Foundation Ltd.
Incorporation date	November 28, 2016
Incorporation Address	100 TRAS STREET #16-01 100 AM SINGAPORE (079027)
Website	https://qtum.org/en
Blog	https://blog.qtum.org/
Phone	n/a

Economic details

Warning: Invalid argument supplied for foreach() in /home/advokatu/domains/blog.kaiserex.com/public_html/wp-content/plugins/cryptocurrency-pricing-list/inc/ccpw_frontend_ticker.php on line 290

Crypto Currency	Price (Euro)	24H % Change

Initial Funding & Distribution
Ticker	QTUM
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
Hard Cap	n/a
Whitepaper	https://whitepaperdatabase.com/qtum-whitepaper/
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: https://blog.qtum.org/qtum-circulating-supply-updated-791039236da0

Top 100 Holders Collectively Own 76.02% (76,954,031.46 Tokens) of QTUM.
Source: https://qtum.info/

Social Media

Team

	Title	Name	Linkedin
	Founder	Patrick Dai
	Chief Information Officer	Miguel Palencia
	Head of PR&MKT	Stella Kung
	Marketing Director	John Scianna
	Business Development Director	Natalie D.

Development

Total number of Commits

109 408 Commits (78 Repositories)

Partners

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.

Competitors

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.