Dear esteemed readers, I'm pleased to write about the innovative Quadrant Protocol and why it can be useful to businesses.
Quadrant Protocol is Suitable for Small Businesses
The Quadrant is a decentralized, blockchain-based platform built to link businesses and customers together directly on an interactive network. On it, companies get undiluted access to customer data, tastes, styles, preferences, and every other pain points. The consumers are also fairly rewarded for providing reliable personal data.
Businesses use such information to design new products and drive sales.
There exists a notion that companies need huge budgets to invest in consumer data research.
To be honest, conducting market research and collecting customer personal data often require setting up IT infrastructure or paying for expensive 3rd party solutions. This demands significant capital outlays and maintenance costs which may not be available to small businesses.
A tempting option is to use Cloud services as offered by Big Data companies like Amazon. However, such services are also very expensive and usually out of the budget-reach of many small-scale firms.
The Quadrant Protocol is envisioned to relief small businesses of this stress. The need to procure expensive infrastructures are taken out of the door. The platform instead connects your business with its real customers who are rewarded for providing reliable personal data. You only need a laptop or smartphone to monitor the network in real time.
The settlement of transaction will be monitored as a smart contract and effected when the terms of service are fully met.
By using the Quadrant Protocol, business owners will pay for services rendered by using QUAD tokens, which is a convenient medium of exchange among participants.
The eQUAD tokens acquired during the ongoing ICO will be exchanged for the main QUAD tokens after the network is fully launched in a few months.
In fact, the yet-to-be concluded ICO has proven to be highly competitive as only about 9% of the 1 billion tokens are still available, with only few days remaining.
To purchase eQUAD tokens and participate in this exciting project, endeavor to check the official website for more information.
ICO OVERVIEW AND TOKEN DISTRIBUTION
TOKEN SALE: 26TH JUN – 26TH JUL
TICKER: EQUAD
TOKEN TYPE: ERC20
TOKEN PRICE: 1 ETH = 10,782 eQUAD
FUNDRAISING GOAL: 20,000,000 USD
TOTAL TOKENS: 1,000,000,000
AVAILABLE FOR TOKEN SALE:40%
SOCIAL LINKS
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ADDITIONAL LINKS
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I just wish a coin burn was in place to increase the token value.
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I just wish a coin
Burn was in place to increase
The token value.
- tcode53
I'm a bot. I detect haiku.
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You should also consider that a coin burn does little to no good. in fact, it only benefit short term holders who don't care at all for the project.
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But even in future, the token value would be higher as there would be less supply. Yes it benefits short term, but also long term.
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You should also note that eQuad is an utility token that will be sold during the (TGE), which would be used as a vehicle when the Quadrant mainnet is launched. Therefore, it doesn't make much sense to burn tokens.
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The data economy is unmapped and chaotic but Quadrant would serve as the blueprint that provides an organized system for the utilization of decentralized data
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Does Quadrant have an MVP?
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Yes check it here
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With Quadrant in check, suppliers would have more visibility to where their data goes and get compensated, while data consumers would be able to trace the data back to the original source and ensure the provenance of the data.
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Quadrant has built a great group of partners from across the globe, this would would surely help Quadrant Protocol to succeed in the long term.
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Having worked in the data space, I have experienced all the chaos, I hope Quadrant would revolutionize the data space for good.
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