![]() ![]() 651,000 QNT tokens were distributed to the company’s advisors.1.3 million QNT tokens were reserved for the founders of Quant Network.2.6 million QNT tokens were assigned to the company’s treasury. ![]() 9.9 million QNT tokens were sold in the ICO in March 2018 to raise $11 million.QNT tokens have a maximum supply of 14,612,493 tokens. These QNT tokens are used to pay for the platform fees or annual licenses for a MApp to operate on the Quant Network. In the development of MApps, QNT plays an integral role as developers who want to build a MApp must hold a certain amount of QNT tokens. As a result, developers are not limited to a single blockchain and can pick out the best features that meet their requirements. Quant supports a wide array of blockchains which enables applications to offer different features from all blockchains. Overledger enables developers to build customized solutions to solve issues within specific sectors. It enables applications on one blockchain to communicate with other blockchains as it allows the exchange of data, messages, and assets. The Overledger Network provides a gateway for all networks to connect to other blockchains. Quant bridges the gap between blockchains as the ‘missing link’.The benefits of the Quant Network and Overledger are as follows: These applications are known as multi-chain apps or MApps. ![]() It allows developers and businesses to build decentralized applications (dApps) that are compatible with multiple chains. The Overledger network is considered the backbone of the Quant network. The protocol aims to solve the interoperability challenges in the blockchain industry by creating the first blockchain operating system with distributed ledger technology and the Overledger Network to connect different blockchain networks. It is often referred to as an “operating system/software that connects all blockchains.” The project was launched in June 2018 with the aim of connecting blockchains on a global scale without reducing the efficiency of the networks. Quant Network (QNT) is a protocol that delivers blockchain interoperability solutions to make the global exchange of information more efficient, low cost, and less risky. ![]()
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