CyberFi / Samurai Announces its next IDO: QANplatform
QANplatform, the quantum-resistant hybrid blockchain protocol, has announced that they will collaborate with the Samurai Launchpad for their $QANX token offering on 31st May 14:00 UTC to 1st June 14:00 UTC, prior to the Uniswap offering on 2nd June. The $QANX token is being offered on the Samurai Platform with a $300,000 USD allocation for the CyberFi/Samurai Community.
Whitelisting opens: 25th May, 10:00 UTC
Samurai Launchpad IDO: 31st May 14:00 UTC to 1st June 14:00 UTC
Listing & Token Generation Event: 2nd June
Full details under IDO Schedule in this Article.
QANplatform In The Spotlight:
QANplatform, founded in 2019, is the first quantum-safe blockchain. It allows users to build software applications, such as DApps, and run business processes on the blockchain within minutes.
It achieves this through an open-source platform offering built-in support for widely-used programming languages, so existing tech companies have no need to hunt for scarce Solidity developers — their own team can start building on the blockchain right away. Not only that, but the business applications will be future-proofed through quantum resistance — keeping sensitive datasets safe into the future. This is what mass adoption should look like.
Not only does QANplatform provide for the future of businesses, but also for the future of the planet. Blockchain energy consumption must change, and through the use of the ultra-low energy requirements of QANplatform’s proof-of-randomness (PoR) consensus model, it achieves just that.
Features
QANplatform provides a host of benefits for businesses and developers to start using the platform, all aimed at swift on-ramping and secure deployment:
Hybrid Blockchain
Businesses and developers can choose which of their data and processes should be stored on a private QAN blockchain (such as sensitive transaction data), and which on the public QAN blockchain, fulfilling businesses’ needs for speed, transparency and security.
Rapid 1-Click Deployment
Developers save time on the setup and focus on getting things done. QAN private blockchain comes with a 1-click setup on hardware, virtualised architecture and cloud platforms.
Open Source Multi-Language Development
Developers can used well-known programming languages like Rust, with support coming fro C, C++ and Typescript among others. Code bases are free and open-source, providing maximum flexibility and transparency to developers and businesses.
High-Volume Transactions
QANplatform provides enterprise-ready transaction speeds of 97,000 TPS on its private blockchains for fast data-processing, and 1,600 TPS on its public chain. The private chains will be secured cryptographically on the publicly operated QAN ledger. The root hashes of transactions executed on the private chain are reflected on the QAN blockchain. Thus, theoretically, the maximum TPS which the QAN blockchain can achieve is 97,000 TPS x 1,600 TPS = 155,200,000 TPS.
Unique Consensus Algorithm
Hardware and energy requirements are huge points of interest for business and investor adoption. Well known investors and image-conscious brands are shying away from energy-hungry blockchains. QANplatform uses a unique proof-of-randomness (PoR) consensus algorithm, giving the lowest energy usage on the market. Full nodes can be run off a $35 Raspberry Pi, and transaction validations can even be done off a mobile phone.
There are five main actors in the QAN ecosystem: These are the generic smart contract developers, the specific smart contract developers, the validators, the full-node provider, and finally the smart contract user (transactor). The daily functioning of the decentralized QAN platform is majorly dependent on the node operators and the randomly-selected block validators who are both incentivized to participate due to the monetary reward they stand to gain. The consensus mechanism is a new development that is basically a generalization of Algorand’s algorithm, with added scalability.
Integrations
QANplatform already has a host of integrations to allow for streamlined adoption into developer and business workflows:
· Get started quickly, using Docker to get all the packages and libraries needed for setting up a QAN private blockchain.
· Easily deploy a QAN private blockchain using Docker, Kubernetes or single-host.
· Run QAN private blockchains on preferred cloud platforms, with linode or aws integration already deployed and a fleet of other platforms upcoming, including: Alibaba Cloud, IBM Cloud, SAP, Red Hat, Oracle Cloud, Microsoft Azure, Digital Ocean and Google Cloud.
· Or run on virtual machines such as vmware, with support for Xen, Microsoft, VirtualBox and KVM on its way.
· Finally, QAN private blockchains can be run on bare-metal servers, with upcoming support for Apple, HP and Dell.
· Code smart contracts in Rust, with support coming for C, C++ and Typescript, among others.
· Smart contracts will be integrated with real world business needs, through Chainlink data sources and APIs.
QANplatform Token — $QANX
The $QANX token is an integral part of the QANplatform ecosystem. It is used for paying for contract deployment, executing deployed contracts and paying for token transfers (like ETH used for gas fees). Therefore DApp users need to buy the $QANX token in order to use the system.
Validators of the network also need to buy validation tickets using the $QANX token, as well as use the token for full-node provider registration. Rewards such as smart contract royalty fees, validation and full-node provider rewards, token challenge and bug-bounty rewards are all paid for in $QANX token.
Taken together, there will be an exponential demand on the $QANX token as the ecosystem grows. Thanks to the extensive use cases and easy on-boarding, it will do just that.
Tokenomic Details
Total Supply: 3,333,333,000 $QANX
IDO price: $0.011
Initial circulating supply: 95,862,635.88 $QANX
Initial market cap: $1,054,488.99
Allocation percentages:
Team: 10.0%
Advisors: 10.0%
Reserve: 24.4%
Marketing and Development: 15.62%
Tokens already in circulation (public hand): 1.028%
Private Round (Raised in 2019–2020): 3.852%
Private Round pool 1 in 2021: 9.0%
Private 2 / Public Round pool in 2021: 1.1%
Rewards and Staking: 10.0%
Floating Liquidity: 15.0%
Lockup periods and vesting schedule:
Team and Reserve: Lock for 6 months, then released daily for 12 months.
Advisors: Lock for 6 months, then released daily for 6 months.
Marketing and Development: 1% unlocked at TGE, then released daily for 6 months.
Private Round (Raised in 2019–2020): 90 days lock from TGE, then released daily for 30 days.
Private Round Pool 1,2 and Public Round Pool in 2021: 10% unlocked on Day-1. then released daily for 90 days.
Rewards and Staking: 0% unlocked at TGE, then released daily for 6 months.
Floating Liquidity: will be used as per liquidity needed on DEX and CEX
Team:
Johann POLECSAK
Co-founder and Chief Technology Officer at QAN
“Our key mission is to lower the entry barriers for developers so startups and enterprises can build their Proofs-of-Concept (PoC) and Minimum Viable Product (MVP) as fast as possible to reach mass adoption. We stick to this view and are happy that only community-driven VCs like Fairum Ventures, DeltaHub Capital, Insignius Capital, and BlackDragon invested in the first strategic pool. With the help of Samurai by CyberFi we can favor the community since they asked for a public launchpad allocation.” — Johann Polecsak, Co-Founder and CTO of QANplatform.
Silur (Endre ABRAHAM)
Co-founder and Head of Cryptology at QAN.
Ex-Ethereum, Monero, Zcash contributor
Market Competitors:
The cryptocurrency industry is staining to cope with mass adoption. Public sentiment outside of (and sometimes within) cryptocurrency circles, is opposed to massive energy consumption.
Across the board we see blockchains struggling to keep up with the ever-increasing demands of a growing user base. Bitcoin, for instance, is facing significant scalability challenges and its community cannot seem to agree on a suitable solution.
Ethereum, the second most valuable blockchain and world’s first smart contract decentralized platform, has been working on updating its consensus mechanism for years now, and despite its many successes, users are becoming frustrated with network congestion and high gas prices. There is yet to emerge a blockchain capable of providing a solution that is both clean and scalable.
Participation & Allocation:
· Samurai participants will have access via a Ticket Lottery System. Winners of the Lottery will have a Guaranteed Allocation in the QANplatform IDO.
· Participation is based on the following criteria: $CFI Staked or $CFI Liquidity Pool Tokens Staked.
· Users can stake $CFI at https://samurai.cyberfi.tech
· Lottery Ticket System has 5 Ticket Tiers. The more CFI Staked, the more tickets you receive. The higher your chances at winning an allocation.
· Applicants to participate on the QANplatform Samurai IDO can begin the whitelisting process on 25th May, 10:00 UTC
· Please fill the whitelisting form to participate: https://forms.gle/7vknf2XBF6itdXjK6
Lottery Ticket System:
· There will be a random drawing for the $300 allocations. Winners will have 24 hours to participate, with 1400 lottery winners in total able to participate with a maximum of $300, until the $300,000 allocation is reached. The more entries you have, the higher your chance of being selected (see table above). If any amount has not been claimed, the Samurai Fund will buy this remaining amount, and airdrop this in a separate event to the community.
· Each person can only win once per project. KYC verification is required, and jurisdictional restrictions apply. Ticket winners will be sent an email to complete KYC or provided link on Telegram.
· We will publish a document with the Whitelisted Wallet Addresses. Users can review the document to find their Ethereum Address which will provide them a $300 USD Allocation.
· Upon successful participation, $QANX Tokens will be claimable by each participant’s Ethereum Address 15 Minutes after Launch.
· Samurai Website: https://samurai.cyberfi.tech
Secure Launch Process:
To ensure a smooth launch on Samurai, QANplatform has agreed to:
1. Have their domain fully SSL certified one week prior to token sale date.
2. Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
3. Add no less than $100,000 of ETH liquidity on Uniswap immediately upon listing.
4. Allow users to claim the $QANX Tokens on the Samurai Launchpad.
5. Lock liquidity within 3 hours of listing for no less than 60 days at http://team.finance/
6. Have at least one community moderator on each social platform (Discord, Telegram, etc.) actively available 24 hours a day for the first 7 days following the launch on Uniswap.
IDO Schedule:
· Whitelist Open: 25th May, 10:00 UTC
· Whitelist Close: 28th May, 10:00 UTC
· Whitelist Winners Announcement: 29th May
· KYC Opens: 29th May, 10:00 UTC
· KYC Closes: 30th May, 10:00 UTC
· Participation: 31st May 14:00 UTC to 1st June 14:00 UTC.
· Token Generation Event: 2nd June (exact time TBA)
· Samurai $QANX Token Claim: 2nd June (exact time TBA)
· Samurai platform: https://samurai.cyberfi.tech
· QANplatform Website: https://www.qanplatform.com/
About Samurai:
Samurai by CyberFi is a full suite Decentralized Cross-Chain Crowdfunding Launchpad & Stakepad built for the evolution of Defi.
CyberFi Website: https://cyberfi.tech/
Samurai Website: https://samurai.cyberfi.tech
Telegram: https://t.me/cyberfi_tech
Twitter: https://twitter.com/cyberfi_tech
QANplatform Links
Whitepaper: https://bit.ly/3wBTO59
Website: https://www.qanplatform.com
Twitter: https://twitter.com/QANplatform
Telegram: https://t.me/QANplatform
Github: https://github.com/QANplatform
Facebook: https://www.facebook.com/QANplatform
Instagram: https://www.instagram.com/QANplatform
LinkedIn: https://linkedin.com/company/qanplatform
Important Notes:
· Ethereum Address must match on all application forms and KYC documents. Ethereum Address must NOT be an exchange wallet. Failure to provide the correct Ethereum address or providing an exchange wallet will result is disqualification or void any application. No changes can be made.
· Each wallet MUST meet the minimum $CFI Token requirements. We will be taking snapshots of wallets and verifying this information.
· Each user MUST Complete all requirements listed above.
· In cases of data discrepancies, Samurai has the right to void, refuse, or disqualify a user.
· Samurai will provide the contract address for QANplatform upon TGE.
· We will never PM you first, or prompt you for your private keys.
· Email correspondence will be done via official cyberfi.tech email addresses. (coo@cyberfi.tech &/or ceo@cyberfi.tech)
· KYC is at the discrepancy of each project, restricted countries is based on KYC/AML Laws applicable to the country of company incorporation. US is usually not allowed.
