Quadrant is the blockchain network and it is constructing the data economy around the silos for building a larger data hoarding companies. It produces the retreating power preserving the service for the clients. It does not bother with the transparency issues as the data industry within the system works for preventing the counterfeit activities. Quadrant engraves two sorts of currencies; QUAD and eQuad. QUAD is the utility token and eQuad is the placeholders token. eQuad tokens can only be sold through the Token Generation Event with some essential protocols. It includes the token governance to confirm the token distribution process.
The contributions in the token sale will hold by the Distributor of its affiliates after the token sale and contributors. This will not have any economic or legal right over the beneficial interest. This will contribute in the assets for the entity after the token sale. This will ensure the transparency system into the technology and business timeline for the Quadrant Protocol. Even the holders of eQuad tokens will invite quarterly to the town hall for the meeting where holders can meet with the Quadrant Protocol team and discuss the vision, milestones and the steps to be taken forward.
The Open Slack and Telegram channels will have the availability ensuring the ongoing dialogues. In order to avoid the doubt, the views of eQuad holders might be considered for the application of these assets of the company and this will include this without holding any limitation to the eQuad. This will remain under the full control of the Board of Directors of the Company.
The Token Generation Event will engage the hard cap of $20,000,000 USD and it will rise over $7,000,000 USD if the contribution to the TGE is garnered and locked initially. This will make the system transferrable over the course of four years with the availability of 40% for the closing of the eQuad token sale. This will also remain 60% by the release of annual Company’s objects by the application in a fixed rate of 15%. It is intended by the assurance of the long-term success of Quadrant by instilling the practicality by the assurance of over-spending in the initial years of transactions. The tokens will be allocated in the sectors depending on the required expenses.
Around 30% of the tokens will be allocated for the network building purpose where different applications or SDK will be available. Building SDKs for different application will require creating front-end interfaces including mobile and IoT for the creation of Constellations. This also needs to create a partial interface for the purchase of data products and clients to access and read the chain.
Quadrant will allocate 35% of eQuad tokens to create the programs encouraged to the high quality of data. These data can be brought through the network protocol and this includes a special program for the development of Elons. On the bases of the years of experience, the Quadrant Protocol team posses all the priorities filling with the missing data gaps in the market. The Quadrant Protocol team will ultimately foster the innovative usage of cases and solutions based on the data available to the network. This is intended for helping the sellers in bringing a high-quality data to the network.
The system of Quadrant Protocol guarantees the data contributor adding with the value chain in receives of fair compensation to the original creators.
Website : https://www.quadrantprotocol.com/
Telegram : https://t.me/quadrantprotocol
Ann Thread : https://bitcointalk.org/index.php?topic=3676988.0
