QUADRANT PROTOCOL [EQUAD/QUAD] - A BLUEPRINT FOR MAPPING DECENTRALIZED DATA

Ipsum Peccator
4 min readJul 17, 2018

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.

Problems in the data economy

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 ROADMAP

QUADRANT’S TEAM

Quadrant has a strong team with data industry experience.

QUADRANT’S TEAM

THE ADVISORY BOARD

Quadrant has a strong advisory board.

QUADRANT’S ADVISORS

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.

eQuad Token Distribution

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%.

Contributions’ allocation

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/

WHITEPAPER: https://s3-ap-southeast-1.amazonaws.com/quadrant-home-secure/assets/images/Quadrant_Protocol_Whitepaper_V1.0.pdf

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.

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