[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 2 KB, 301x167, qnt.png [View same] [iqdb] [saucenao] [google]
21420821 No.21420821 [Reply] [Original]

Serious question. Why does QNT deserve a $120M market cap? I get the feeling it's all a scam, which I don't get elsewhere for much lower market cap.

>> No.21420870

because XRP already beat them to the punch by years and its also on the ethereum blockchain which is dying

>> No.21420901

>>21420870
Thanks for the response. But, XRP is obviously way more scammy.

>> No.21420927

>>21420901
To follow up with this, for both XRP and QNT, anyone can put up a good show when they have 10s-100s of millions to bullshit.

>> No.21420963

>>21420901
yet its involved with the IMF, BoA, BoE, BoC, blackrock, vanguard, SBI holdings, etc...

You know, all the groups that quant would have to connect with in order to fulfill their vision... XRP isalready there. Its done. I said they beat QNT to the punch. I meant that.

>> No.21420995

>>21420963
I thought it was well known that XRP partnerships don't affect token value. The token XRP != the company Ripple. Am I wrong?

>> No.21421123

>>21420995
ripple is the company that developed the XRP ledger. All these banks are currently implementing the XRP ledger into their systems. Ripple has been using ODL (on-demand liquidity), which uses the XRP ledger, to provide liquidity to banks. It has been proven wildly successful (moneygram up 106%) so banks are changing their systems over to use XRP as a bridge currency. This month they got the systems running in parallel; the old system and the new system, which uses XRP. The more money running through the system, the higher the price goes. Its about to get all the money running through it.

>> No.21421301

>>21421123
Interesting. However, it sounds like QNT is a bit different in that it offers blockchain interoperability. I have no idea why banks would care about that. That also doesn't sound like very much of a feat to be cross-chain (eg you just have a simple smart contract on each blockchain).

>> No.21421456

>>21421301
Ripple has also developed the ILP (inter-ledger protocol) so that any ledger can communicate to any other blockchain ledger. This is so each country can issue their own individual CBDCs under the XRP ledger. Basically so different countries can trade their currencies without saying they are doing so. China CBDC goes through XRP then goes to USA CBDC, or vice versa. It also allows XRP to be a bridge currency for things like bitcoin or ethereum so that you can do BTC to XRP to ETH.

>> No.21421736

>>21420821
<$120m mcap
Oh man wait another year and we're in top 5. Gilbert doesn't care about pumping his tokens. He's making connections now and bringing in clients. When everything unfolds, QNT will go parabolic. You think SIA is just another hurr durr company? They don't give a fuck about publicity. They just want to keep their systems running with a vision for the future.

Quant 2022 = $1000 minimum

>> No.21421887

>>21420870
Brainlet comment

>> No.21422081
File: 131 KB, 1920x1080, member of delegation.png [View same] [iqdb] [saucenao] [google]
21422081

>>21421736
Is QNT iso20022 compliant? Are they a member of delegation on the iso20022 board?

>> No.21422110

>>21421736
What is the purpose of QNT token though?
It looks like what Quant is selling is an OS.
Does QNT act to access the OS like a key?
This honestly seems a lot like Ripple selling RippleNet but only ODL requiring XRP.

>> No.21422691
File: 62 KB, 1532x798, Capture.png [View same] [iqdb] [saucenao] [google]
21422691

>>21422081
TC 68 and TC 307 work closely together to build standards these standards. Gilbert is the head of the Blockchain Interoperability working group.

>> No.21422978

>>21421301
"The breakthrough was achieved by integrating Quant Network’s Overledger technology (the world’s only DLT operating system that allows interoperability) into the SIAchain private blockchain infrastructure leveraging on 580 European network nodes within SIAnet (the fiber optic network with high-speed and low-latency stretching over 208,000 kilometres).
This integration provides the ability to bridge permissioned blockchain instances between SIAchain and other external networks – which could not be previously connected - in order to have cross-platform applications and services covering for example notarisation, payments and KYC."
https://www.sia.eu/en/media-events/news-press-releases/quant-network-and-sia-successfully-tested-blockchain-interoperability

>> No.21422980

>>21422110

https://medium.com/@CryptoSeq/quant-networks-overledger-part-seven-the-qnt-token-d6b945ea15f1

>> No.21423031

>>21422110
Used for every single aspect of usage, and contracts are LOCKED UP
https://www.youtube.com/watch?v=IyOo1W4zX7s

>> No.21423473

>>21421456
ILP is very limited to only value transfer.
Overledger offers the whole interoperability stack.
Digital assets ever heard of them?

The token is used throughout the Overledger Operating System. This model is known as Token as a License, google it. There are many benefits to this.

Not your typical cryptocurrency no, its not a currency.
Its a token for using the damn software. software which enterprises need, not something anyone on biz would know..

>> No.21423515

>>21421301
You think the internet was built like this? a connector on each intranet?

No no my son, Overledger is the TCP/IP of DLT/Blockchain and offers oracles swell to onboard legacy systems, Chainlink is pluggable inside

>> No.21423546

quaint

>> No.21423609

>>21423515
>Proprietary base later
Top fucking kek you're delusional

>> No.21423860

the CEO of qnt is a scammy cunt that uses idex and bittrex to dump his illiquid trash while he pay's pajeets in his telegram group peanuts to ban instant legitimate questions.

>> No.21423871

>>21423515
Saying Overledger is TCP/IP sounds ridiculous. Blockchain interop is not a hard or new problem.

>> No.21424008

>>21423871
Yeah ill take the experts and enterprises word for it instead of yours lmao

https://cointelegraph.com/news/blockchain-interoperability-the-holy-grail-for-cross-chain-deployment

>> No.21424782

Rockefllers dont normally scam people unsuccessfully

ride the wave and gtfo once youre rich

>> No.21424805

>>21424008
>https://cointelegraph.com/news/blockchain-interoperability-the-holy-grail-for-cross-chain-deployment
Literally sold all my QNT on this. "interop" is not hard at all. I am OP.

>> No.21425806

>>21424805
Lmao ethereum devs locked themselves in for 48h in a room and didnt manage to solve it. Meanwhile Quant solved and patented it.

Im balls deep, shame you cant see the scope of this company.