Quintric has know team members such as Stan Larimer ("The Godfather of BitShares") and Michael Taggart (President of Cryptonomex).
The Quintric family consists of Quint, QuintS, iQuint, iQuintS and QuintX. They are all independent Tokens on the BitShares platform and can be send within seconds for very low costs (around 1 cent per transction).
"Each Quint token constitutes five U.S. gold cents (one 1/1000th of a one-ounce, U.S. legal tender, gold coin) payable on demand in minimum 1,000 token increments for an American Eagle/Buffalo gold coin, bearing a fifty dollar face value."
Of course QuintS is also backed 1:1 by silver.
If you are interested you can register and read more about it here: https://escrow.quintric.com/#/register/q for the pre-sale (You get 25% of what you bought in QuintX which usecase will be revealed soon) This only applies until the end of April!
