The blockchain network system Quadrant is making moves towards solving the problems related to the data economy and for this, it is improvising the blueprint for mapping the disparate data sources. The system will support as a proof of data by the authenticity and provenance. This is done by the virtue of technological empowerment consisting of data stamping, constellations and fair remuneration with incentive sharing. Like other blockchain companies, Quadrant protocol team also enables token selling system as eQuad as defined herein. It cannot be the part of it but the presentation of it can be the basis for the connection of contract or investment decision. It will represent or undertake it for the future performance for the Quadrant Protocol.

Token Details

The system of Quadrant blockchain utilizes two different currencies for the network protocol such as eQuad and QUAD. The native digital cryptographically secured Quadrant Network or QUAD is the utility token and it has been designed solely on the network as it is the major component to the Quadrant ecosystem. By the utilization of stamp data, it will give support to the simple and complex access to the structures. This will also enable the simple and complex subscription payments for staking Elons. The other one is the digital token eQuad which is compliant to the ERC-20 token for the placeholders. This will be sold during the Token Generation Event or TGE and can be converted to QUAD by a gateway to the mainnet launch of Quadrant.

Functions of QUAD

QUAD is the name of the non-refundable functional utility token of Quadrant network. It will be used for the unit of exchange among the participants on the network system. Their goal is to introduce QUAD by providing a convenient and secure mode of payment and settlement between the participants. The participants will interact within the network with the requirement of virtual crypto format for the network. “Fuel” will be used for a certain design for the functions into the network. The system will provide the economic incentives for consuming the contribution to the maintenance of Quadrant to encourage the participants. Also, the users of QUAD should not actively participate in receiving the incentives of QUAD. Being an integral and indispensable part of the network, QUAD will have no incentive for the users to expand the resources to participate in the activities for providing the services with the benefit of the entire ecosystem on the Quadrant network.

Representation of QUAD

QUAD never represents any of the shareholdings, participation, right, title, or interest in the company. It affiliates with the other companies, enterprises can be undertaken. Even QUAD entitles the token holders with the promise of fees, dividends, revenue, profits or investments in returns. This cannot be intended for the constitution of securities in Singapore or any other relevant jurisdiction. The network of Quadrant will utilize the QUAD tokens by the ownership of QUAD that carries no rights, express or limited, or any other rights to use QUAD by means of enabling the use of interaction with the Quadrant network.

Quadrant is operating to build the data economy with the silos of larger data-hoarding companies like Google and Facebook. This will create the diminishing power in return. Quadrant also gives a guarantee to the data providers for the recipient of the proper value chain with fair consumption as original creators are dubbed through the nurseries. The profit generators will provide the data aggregators or companies.

Website : https://www.quadrantprotocol.com/
Telegram : https://t.me/quadrantprotocol
Ann Thread : https://bitcointalk.org/index.php?topic=3676988.0