QUADRANT PROTOCOL [EQUAD/QUAD] - A BLUEPRINT FOR MAPPING DECENTRALIZED DATA
PROBLEMS IN THE DATA ECONOMY
The current data economy is unmapped, chaotic and fraught with problems. In its current state, the data economy is unorganized and unreliable. Data can also be untrustworthy since data provenance, or where the data came from, can be hidden and thus data sources aren’t transparent, resulting in compliance issues for companies that need to know where their data came from.
Quadrant aims to solve these problems by providing a blueprint for mapping disparate data sources.
INTRODUCING QUADRANT PROTOCOL
The Quadrant Protocol is a blockchain-based protocol that will allow for the access, production, and distribution of genuine and traceable data-related products and services.
Quadrant is providing an organized and reliable data-based marketplace.
Quadrant is designed for the exchange of Data as a Service (DaaS) and artificial intelligence (AI) services. Data vendors sell their data using data smart contracts, which compensate them for every transaction in the value chain, and purchasers can buy data and track its origins with Quadrant’s data stamping verification system.
DaaS and AI companies will be incentivized to build new products and services on Quadrant Protocol.
Quadrant has assembled an outstanding group of commercial partners and allies over the past several months, including Bluzelle and Kenetic, which will add long-term value to Quadrant.
THE MAIN MILESTONES OF THE TIMELINE
QUADRANT’S TEAM
Quadrant has a strong team with data industry experience.
THE ADVISORY BOARD
Quadrant has a strong advisory board.
THE TOKEN GENERATION EVENT (TGE) AND TOKEN INFORMATION
Quadrant Protocol has two tokens: eQuad and QUAD.
eQuad are placeholder ERC-20, Ethereum-based tokens that will be used until Quadrant’s main net is launched. Then, eQUAD will be converted to Quadrant’s native token, QUAD.
The gateway conversion will be 1:1 from eQuad to QUAD.
Token Sale Details
Public Sale Start Date: 26 June 2018
Public Sale End Date: 26 July 2018
Type of Token: ERC-20
The goal of funding (Soft cap): $3 million USD
The goal of funding (Hard Cap): $20 million USD
Accepting currencies for Buying eQuad: ETH
Price: $0.05 USD = 1 eQuad
Who Can Participate: Whitelisting process. No citizens of the United States of America,
Canada, New Zealand, People’s Republic of China and the Republic of Korea, or participants who fail to successfully pass KYC/AML checks
Unsold eQUAD will be held in a reserve for a future token sale to be held within 2 years after the conclusion of the public token sale.
The total supply of eQuad tokens is 1,000,000,000 eQuad.
Tokens for sale: 400,000,000 eQuad
Working prototype: Yes
EQUAD TOKEN DISTRIBUTION
The tokens will be distributed as follows:
40% of the tokens will be sold in the token sale, 20% will be held by the company, 20% will be for stakeholders, 10% will be held in reserve, and 10% will be for the team.
CONTRIBUTIONS’ ALLOCATION
The Token Generation Event Contributions’allocation will be as follows:
Business and network development: 35%
Research and development: 30%
Operations and security: 25%
Legal, accounting and compliance: 5%
Treasury: 5%.
GEOLOCATION
SINGAPORE
Take part in this very interesting and promising project!
To have a complete picture of the project, please visit their WEBSITE and download their WHITEPAPER!
For more information, please visit the following:
LINKS
WEBSITE: https://www.quadrantprotocol.com/
SOCIAL CHANNELS
FACEBOOK: https://www.facebook.com/quadrantprotocol/
TWITTER: https://twitter.com/explorequadrant
TELEGRAM GROUP: https://t.me/quadrantprotocol
TELEGRAM ANN CHANNEL: https://t.me/QuadrantProtocolAnnouncements
LINKEDIN: https://www.linkedin.com/company/quadrantprotocol/
MEDIUM: https://medium.com/quadrantprotocol
REDDIT: https://www.reddit.com/r/quadrantprotocol
STEEMIT: https://steemit.com/@quadrantprotocol
ANN THREAD: https://bitcointalk.org/index.php?topic=3676988.0
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=3739014.0
The ownership of the blog & author of this article (570 words/4,122 characters), Cristian Roman, is not a project team member or its representative, but a supporter of this amazing project.
(MyEtherWallet Address: 0x1c2eEB977060fd11a36214a6ce5fDc410c1936C5)
This article was published for the Bounty Campaign.