Quadrant(Equad)- The Revolutionary Way of Mapping Decentralized Data
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
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 roleProblems 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 dataData 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 productsSupplemented 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 chainPioneers
Be considered as a transparent and reliable supplier, confirming the ownership of information productsElons
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 QuadrantOpen Constellations
Constellations can be formed by both providers and consumers of data and allowed to distribute a share of profitsGuardian Nodes
These support the Quadrant by building network blocks and linking them to an external network
Quadrant Protocol ICO Details
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 SaleCompany's reserve - 20%
The Percentage will be retained by the Company as reserve fundsEquity participants of the company - 20%
The Percentage will be distributed for consulting and operational purposes and for securityDevelopment - 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)
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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