Quant is a cryptocurrency project that aims to connect blockchains and networks on a global scale without sacrificing efficiency through the creation of the Overledger Network, the first blockchain operating system. The Overledger Network uses APIs to connect different blockchains and allows developers to build decentralized multi-chain applications (MApps) for their users. Quant uses a hybrid consensus mechanism combining proof-of-stake (PoS) with proof-of-activity (PoA), a unique variant of proof-of-work (PoW). Its native cryptocurrency, QNT, is an ERC-20 token used as a means of exchange and security token on the platform, enabling holders to participate in governance and pay fees. Developers must hold QNT to create MApps on the Quant network, which are used to power the network and pay for services. The platform was cofounded by Gilbert Verdian, who served in the UK and Australian governments, and Dr Paolo Tasca, a digital economist and advisor to the UN on blockchain technology.

$103.81 $-1.39 (-1.3%) Thursday, February 22, 2024 at 6:01:58 p.m. Eastern Standard Time

Fundamentals Quant

Last updated Feb 22, 2024, 06:01:58pm EST
Current Price $103.81
Change $-1.39 (-1.3%)
Close Price $103.73
Open Price $103.73
Bid $0.00
Ask $0.00
Day Range $101.94 - $106.67
Year Range $17.70 - $153.79
Volume 32,656
Average Volume 33,951
Market Cap $1,541,535,428.59


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