Token: QTUM (09/08/2017)
TOTAL 20 / 25
0 Market Information: 4/5
- MarketCap: $871,719,100
- # of exchanges listed: 7 (Only >$1M exchanged per day). Only Bittrex among the famous one. Coinone: a Korean exchange, is the main exchange for this in term of volume.
- Tradable Share of Token: 51% (released during ICO)
1 Competition: 1/1
- Ethereum ($26B): for now, the token is running on Ethereum blockchain. In the future, it will run an their own competing blockchain.
- NEO ($1.1B): “China’s Etherum”. NEO offers turing complete Smart Contracts which enables the production, distribution and trading of digital assets. Some technical differences with Ethereum (Ex: While Etherum supports only Solidity NEO is open to all major programming languages development of smartcontracts).
2 Technology 4/5
Qtum (Quantum) is an open source, decentralized project that aims to capitalize on the success of Bitcoin, while competing for the Decentralized Application (DAPP) and Smart Contract market. The goal is to work with industry partners, and launch the first Value Transfer Protocol (VTP). This will streamline daily business routines, and allow for easier adoption. Qtum aims to become the platform with Smart Contracts that execute as part of an Unspent Transaction Output (UTXO).
Click here for more details in the official whitepaper (EN)
Tech Notes:
- Hybrid of ETH and BTC technologically
- Proof-of-Stake
- Compatible with ETH smart contracts !
- Will build their own language for smart contract (eSML)
- Very ambitious: strong projects for the future
3 Existing Partnerships: 3/5
Apparently backed by Baidu, Alibaba, Tencent, NASDAQ.
In the “Chinese” coin bucket even if it not really one (based in Singapore). Impacted by chinese ban on ICOs.
4 Team: 4/4
Seems to have a decent development team with good developers in big tech companies and people who have been in the blockchain for some times.
Plus they have good backers such as the CEO of OKCoin (Xu Start), co-founder of Augur (Jeremy Gardner) and a co-founder of Ethererum (Anthony di Orio).
5 Community, Communication & Agenda: 4/5
a) Community
- 20.4K twitter followers
- 2K people on Telegram
- 3,420 Members on Slack
b) Communication: very good website. Maybe not as good as we could hope at creating the buzz.
c) Agenda: very detailed agenda with big milestones revealed for the ICO until Q1 2018
- MAIN NET RELEASED ON SEPT. 13 !
- Token Swap (where current ERC-20 tokens will become the new Qtum Ignition tokens) happening October 4th 6PM PST.
For Bittrex details about the swap, please read here. - Other important release on November 2017
6 Verdict
Seems am ambitious and very serious crypto-currency. Some believe, it could be a multi-billion dollar currency.
The price is now lowered by uncertainties about China (maybe more than other currencies, as it is considered as a chinese currency). Some milestones to come soon may drive the price up !
=> POSITIVE SHORT TERM AND HODL
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