Quantstamp: Why, and What it brings to the table (hint: a lot more than other ICOs)steemCreated with Sketch.

in #blockchain7 years ago

Open source: All codes are open source.

Real world solution: Proof of Audit for Ethereum based blockchain companies, allowing for security for the founders when going public with their source codes. This saves a significant level of time and money for people who are not experts in blockchain development and allows for experts to get rewarded immediately upon verified contract executions.

Dev Grant: Developers rewarded for innovative solutions.

POC (Proof of Care): Fun and democratic way of rewarding early investors, limits pump and dump investors, and keeps true to their beliefs of true transparency and fairness.

Long-Term Vision: This system will answer these questions for the foreseeable future and is the only one in the market that currently answers this question.

Short and Long-Term growth potential: This will solve an immediate problem, and scalability looks great for the long term. This means it has the potential to grow quickly and exponentially for a long time.

Excellent team of PhDs and talent in Crypto-space: Looking at the team, many members are PhDs and/or have deep lineage in the blockchain platform.

Insurance for users in Solidity and other Smart Contracts: By using Quantstamp, users are able to have an extra layer of protection from faulty codes, which will be valuable as more developers use the Solidity code to create Smart Contracts.

Rewards the good guys, protect against the bad guys: Attaching incentives to find faulty codes by white hat hackers allows for savings of significant expense by blackhat hackers.

Strong ICO Fundamentals: Unsold tokens burned, no new tokens ever created, founding team is locked in for 3 years (strong!!!), total market cap is $65M (which is reasonable in today's ICO environment, and with the future potential), prototype exists, strong team

Final Verdict: This is a unique and necessary as the blockchain environment matures. The team is strong, and the ICO is utilizing an original concept called Proof of Care to reward smaller investors, as well as increase their understanding. This also improves an investor's ability to get behind the project by "forcing" them to do their research into the project. It also limits "whales" and "pump and dump" investors, allowing for more stability once it goes public. Great opportunity lies ahead for this group, led by Richard Ma and his team. Do you own research, this is my opinion.

Here are some submissions for the POC:

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great line up of words... super inspiring.. resteeMed n' upVoted :]

Thank you! Glad you liked it.

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