Quadrant(Equad)- The Revolutionary Way of Mapping Decentralized Data

in #quadrand6 years ago (edited)

              This fascinating protocol is a blockchain protocol that allows you to access create and distribute information products and services with data about their authenticity and source of origin on their core. Conceptual project for transforming decentralized data

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The Quadrant protocol

              This Fascinating protocol is based on a strong system that associations all differences in different data sold by traders and received by clients. Like this, every contributor in the system is certain a reasonable prospect to contest and develop, despite position and revenue level. The block chain of the system is planned in the form of a communal that unites data producers, suppliers and consumers so that everyone can honestly measure the optimization of the expansion, deal and acquisitions of the data, subject to the condition. The protocol consists with all the required tasks that support to authenticate the consistency of all itemized data and keep its effectiveness. Each of these roles carries out an exceptional role

Problems that Quadrant Protocol Efforts to Solve

              

  • Missing AI data

    Small companies tend to create innovations with the use of AI because of insufficient access to the volume of data that their algorithms require.
  • Unconfirmed data

    Small information companies that have access to data produce a product with a poor algorithm due to its questionable reliability.
  • Unstable ecosystem

    Information data producers do not have the incentive to provide the required amount of genuine data, as they receive payment only on initial sale.

The Quadrant Project

              The sphere of information data is similar in size, just uncontrollable and chaotic. Quadrant is a project that provides an organized system for applying decentralized the data
  • Data marking

    The project marks data for their authenticity, which allows buyers to track and obtain evidence of who created this data.
  • Formation of Constellations

    The project helps pioneers of venture investments to decide on the creation of their first information smart contracts and supports the development of new information products
  • Supplemented data and services

    Developers give the best minds the opportunity to work on creating "mega constellations" - new products and services - based on the Quadrant platform

Business Application Options

  • Nurseries

    Fair payment for the data provided for each transaction on the entire value chain
  • Pioneers

    Be considered as a transparent and reliable supplier, confirming the ownership of information products
  • Elons

    Acquire the freedom to create links between disparate data sources and develop new information products

Data Marking Protocol

  • Pioneers and Nurseries

    These can claim the produced part of the data by marking it in the Quadrant
  • Open Constellations

    Constellations can be formed by both providers and consumers of data and allowed to distribute a share of profits
  • Guardian Nodes

    These support the Quadrant by building network blocks and linking them to an external network

Quadrant Protocol ICO Details

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Distribution of tokens

  • Crowdsdale - 40%

    40% will be placed for sale (stages of Closed Sale and Open Sale). Unsold eQuad tokens will be held in reserve until future sales, which will take place no earlier than 2 years after the completion of the Open Sale
  • Company's reserve - 20%

    The Percentage will be retained by the Company as reserve funds
  • Equity participants of the company - 20%

    The Percentage will be distributed for consulting and operational purposes and for security
  • Development - 10%

    The Percentage will be allocated to partner development and community expansion to attract the participants (these funds will initially be frozen, and then they will be defrosted on a monthly basis in the amount of 40%, 30%, 15%, 10% and 5% annually)
  • The team - 10%

    10% will be distributed to the Quadrant Protocol team (these funds will be initially frozen and will be available after 5 years)
              As the secondary market or trade exchange develops, eQuad will function and be regulated absolutely independently of the company, from the distributor, from the sale of eQuad and from the Quadrant platform. Neither the company nor the distributor will create such secondary markets, and no organization will act as an exchange platform for eQuad

Distribution of funds

  • Business and network development - 35%
  • Development and development - 30%
  • Operating and security costs - 25%
  • Legal and accounting support - 5%
  • Treasury Fund - 5%

              The event of generation of a token (CGT) will have a hard-cap at a rate of 20 000 000 $. If the CGT exceeds the $ 7,000,000 mark, the collected deposits will be initially blocked and will be released within 4 years: 40% will be available after the sale of the eQuad tokens is closed, and the remaining 60% will be released annually to meet the company's objectives in a fixed amount of 15%. This scheme is planned to ensure the long-term success of the Quadrant project, while at the same time, increasing practicality without cost overruns in the early years. The Quadrant will work on the basis of consensus building mechanism "Proof of authorization" with the aim of processing more transactions, providing lower prices and higher transaction rates, and limiting access of malicious nodes to data. As an important point of security, an external network of evidence of work performance will be used

Official links
Website: http://www.quadrantprotocol.com/
Whitepaper: https://www.quadrantprotocol.com/whitepaper.pdf
Medium blog: https://medium.com/quadrantprotocol
Bitcointalk: https://bitcointalk.org/index.php?topic=3676988.0
Twitter: https://twitter.com/explorequadrant
Facebook: https://www.facebook.com/quadrantprotocol/
LinkedIn: https://www.linkedin.com/company/quadrantprotcol/
YouTube: https://www.youtube.com/channel/UCy7l4FOQNYYPabC4Fmjk2yw

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