ICO Quadrant Review
Name of the token: Quadrant (eQUAD)
Symbol: eQuad
Start of previous ICO: 26.06.2018
End of ICO: 26.07.2018
Total Token: 1,000,000,000
Minimum goal: USD 3,000,000
Target maximum: $ 20,000,000
Token Price: $ 0.05 = 1 eQuad
Currency accepted: ETH
Blockchain Platform: Ethereum
Token Type: ERC 20
Registered Country: Singapore
Facebook: https://www.facebook.com/quadrantprotocol/
Twitter: https://twitter.com/explorequadrant
Telegram: https://t.me/quadrantprotocol
Website: https://www.quadrantprotocol.com/
Bitcointalk: https://bitcointalk.org/index.php?topic=3676988.0
What is the Quadrant?
Quadrant is a blockchain-based protocol that allows access, creation and delivery of data products and services with authenticity and origin at its core. The data economy is similar to space; not mapped and chaotic. The Quadrant serves as a blueprint for providing an organized system for the use of decentralized data. It seems to solve the problems currently facing the data economy, such as the AI access gap widening between large and small companies; Fake and non-authentic data destroy the usefulness of any algorithm; Unbreakable feed breaks production systems as they move offline; and unfair revenue distribution for the original data producers.
The goal of the Quadrant platform
To develop a blueprint that provides an organized system for the use of decentralized data. The Quadrant Map separates the data sources so that new, innovative data products can be created to help companies meet their needs. The main feature of the project is Proof of Data Authenticity, which requires that all data be publicly stamped so that it can be verified for its origin and origin; Constellations, special intelligence data contracts for various data sources, are intended to level the playing field, allowing people to access the data they need, when they need it; and fair remuneration and incentive sharing.
The ultimate goal of the Quadrant is to provide a platform that provides an infrastructure that facilitates the exchange of DaaS and AI services between organizations. It allows vendors to sell their data with the use of smart contracts. Similarly, it allows buyers to purchase data and track their authenticity and origin through the network's data validation system. In turn, this allows DaaS and AI service companies to build new products and services on infrastructure and networks.
Team
Distribute the token
Crowd-sale will have a Soft Cap for $ 3 million and Hard Cap worth $ 20 million. The accepted currency for the token purchase will be the Ether (ETH) and the price for each eQuad announcement will be $ 0.05. The project requires white listing processes and citizens from the United States, Canada, New Zealand, China and South Korea will not be able to participate. There is the Know Your Customer (KYC) process and the Anti-Money Laundering (AML) process for those who want to participate. Unlisted Tokens will be retained as a reserve for future sales that may be made within 2 years of the date of sale.
For the distribution of tokens, out of a total of 1 billion eQuad cards, 40% will be sold to Crowd, 20% will be held by the Company, 20% will be provided to stakeholders for advice, security and Activity, 10% as a reserve and 10% for the team. Fund allocation will be as follows: 35% for business and network development, 30% for platform improvement and SDK development, 25% for operation and security, 5% for legal, accounting and complies and 5% for treasury. As mentioned earlier, TGE date has not been announced but you can check out the project at https://www.quadrantprotocol.com/ today.
Conclusion Quadrant (eQUAD)
For the ICO itself, it has a good rating on ICOBench, although only 2 experts have contributed so far. The website is well laid out, and so is the whitepaper. The team seems seasoned and has a good partnership. Their whitelist ended within 22 minutes of the launch and recently the group signed new partnerships with Chainrock, Kenetic Capital and the Singapore government. It is also part of the Draper network. Quadrant has just released the upcoming testnet- Mainnet and has customers queuing up.
Link: https://kienthuccrypto.com/blog/review-ico-quadrant-equad.html