We are in a digital age in which everything is moving so fast. Old problems are yielding to new solutions and nothing is the same again. In fact, with new emerging technologies, companies, both old and new, are coming up with innovative approaches to solving complex industry problems.
Quadrant Protocol is a trendsetting blockchain-enabled network that facilitates access to, generation and sharing of authentic data.
The Quadrant is configured to be the platform for organizing the hitherto disorganized data ecosystem to use decentralized data. The stakeholders believe that data have to be original in order to be useful. As a result, the company boasts of effective tools to prove data integrity.
Also, the Quadrant provides companies with a new network to easily exchange data as a service. The infrastructure does this by simply linking diverse data sources together on a secured platform. Businesses are guaranteed the authenticity of data and data producers, of any size, are given fair rewards for their efforts, no matter what. Everybody benefits!
In a nutshell, Quadrant Protocol is designed to provide a sort of leveller and address problems of fake data proliferation which yield bad products and the widening gulf between players in the data industry which encourage dubious self-help.
The Quadrant has some key features which set it apart from other similar projects.
- Data Stamping
The protocol stamps data for originality which allows users to easily track and verify the origin of data being used. As a consequence, only authentic data is allowed on the network unlike on existing data systems.
- Constellations Creation
Another key element on the Quadrant are the constellations or clusters created to bring disparate data sources together for use by stakeholders to provide a level playing field for every player in the ecosystem, inspire a new generation of innovations in Big Data, discourage the use of fake data, and calculate fair rewards for data creators via smart contracts. The Constellations form the backbone of the Quadrant network.
- Tokenized
The new platform is decentralized and tokenized to provide fair rewards for every participant in the exciting project.
The Quadrant utilizes two different cryptocurrencies: QUAD and eQUAd tokens which serve different functions on the platform.
While QUAD is the main token used on the Quadrant for rewarding smart contracts, eQUAD serves as a placeholder which could be converted to the QUAD later.
- A Network System
The Quadrant is basically a decentralized data platform. However, it's configured to work with all centralized and decentralized services.
The Quadrant project has brought a new approach to data creation and sourcing. The network rests on nodes and every stakeholder has a role to play.
There are also "Nurseries", "Pioneers", "Elons", and "Guardians".
The four work together in perfect synergy to create the unparalleled Quadrant network.
The Quadrant is also built on a 'Proof of Authority' consensus algorithm to enable it handle more transactions at a faster rate, restrict malicious nodes, and operate at a cheaper cost.
ICO OVERVIEW
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%
Questions regarding Quadrant Protocol are welcomed from our esteemed readers.
Finally, to learn more about this exciting project and participate in its ongoing ICO, visit any of the following links provided below
SOCIAL LINKS
TELEGRAM
ADDITIONAL LINKS
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Congratulations @gwensarah1! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
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This is a great project and it deserves all the attention it's getting. I hope the team keep up the good work.
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Can I still participate in the token Sale ?
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No the token sale recently ended, you’ll just have to wait till it get on exchanges, though there would be a future token sale which will be held to drive further adoptions of the Quadrant Protocol project!
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Quadrant Protocol is here to bridge the ever-widening gap between those with the resources to collect and store their own data and those that do not.
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I invested in the ICO but I don’t get the logic, monetising data seems like a no brainer to me. My techie side is happy to hold long term, my investor side is more cautious.
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Rome wasn't built in a day! What Quadrant Protocol has set out to do will take time to change the landscape of the data economy space! Give it time and it will flourish and support it all the way till the end.
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Lol just brace yourself for the dump, I’m planning to get it after the dump.
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And if it does dump does that mean its a failed project? No that just means someone had a weak hand and wanted a quick buck. You ever see that dump that microsoft and Amazon did back during the tech bubble and .com bubble of the late 90's? Look where they are at today.
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Your experience is limited to current shenanigans of a manipulated market. You have no experience when it comes to investing and putting money into a solid project. Go chase the hype and shitcoins if you need a quick buck.
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Finally, they closed the main sale, surprised they were able to raise 16 Million USD out of 20, The problem with ICOs nowadays they want too much money in the bear market. we all understand that all does not cost 20 mln$ to build.
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You’ll also agree that projects need to raise enough funds to ensure long-term goals of the project are achieved.
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When is the main net going live?
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Hi Armon , The mainnet should be launched in about 6 weeks or so. Just stay tuned in telegram for the official news.
You can take a look at the Data Producer Demo
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Does that mean token unlock,exchange announcement and main net all may happen together ?
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Highly Possible, don’t forget to join any one of Quadrant’s socials to stay updated.
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this is a good concept all have their own network and can work together so as to produce synergy in networking
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Quadrant would stand out from competitors like Ocean, Streamr, Synapse. ai and IOTA as it provides Elons with the opportunity to innovate using a diverse array of mapped data sources.
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