What is QNT?
Quant (QNT) is a blockchain interoperability protocol that works like an operating system, connecting different blockchains and networks through its core technology called Overledger.
- Solves Interoperability – It links separate blockchains and older systems so they can communicate and share data smoothly.
- Developer-Focused Platform – Developers use Overledger to build multi-chain applications (MApps), which require holding QNT tokens.
- Fixed-Supply Utility Token – QNT is used to pay network fees and licensing costs, with a maximum supply capped at 14.88 million tokens.
Deep Dive
1. Purpose & Value Proposition
Quant was created to solve a major challenge in blockchain technology: different blockchains can’t easily talk to each other. Instead of creating another blockchain, Quant developed Overledger, which is described as the first blockchain operating system (CoinMarketCap). Overledger acts as a universal bridge, allowing public blockchains like Ethereum and private enterprise networks to connect without losing their speed or security. The main goal is to enable a connected, global digital economy.
2. Technology & Ecosystem Fundamentals
Quant is built on the Overledger Network, a platform that lets developers create decentralized multi-chain applications, called MApps. These apps can send and receive transactions across multiple blockchains at the same time. To build on this network, developers need a license paid for with QNT tokens, which are locked up for a certain period. Rather than competing with other blockchains, Quant serves as the essential infrastructure that links them together.
3. Tokenomics & Utility
QNT is a utility token with a fixed supply of 14,881,364 tokens. It’s mainly used to pay for access to the Overledger network and transaction fees for reading and writing data. Every developer and client must use QNT to buy a license, which creates steady demand based on how much the platform is used. Currently, about 12.07 million QNT tokens are in circulation, with the rest held by the company (CoinMarketCap).
Conclusion
At its core, Quant acts as the connecting layer for the fragmented blockchain space, providing the operating system that helps isolated networks work together as one ecosystem. As the need for smooth cross-chain applications grows, Quant’s role could become even more important.
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