QuadrantProtocol Crypto Coin Rank 833
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QuadrantProtocol ICO Details
Fund Raised (USD)
Security Audit Company
ICO Legal Form
Quadrant is a blockchain-based protocol that enables the access, creation, and distribution of data products and services with authenticity and provenance at its core. It will operate on a Proof of Authority consensus mechanism to handle more transactions, operate at a lower gas price, achieve faster transactions, and restrict malicious nodes from entering data. An external Proof of Work chain will be used as an anchor for security purposes.
- Mike Davie: Founder & CEO.
- Barkha Jasani: Director of Engineering.
- Navas Khan: Head of Marketing.
- Glenn Harrison: Senior Data Consultant.
Quadrant Protocol ICO began on June 26, 2018. The ICO token supply represents 40% of the total token supply, so there is a total of 400,000,000 eQUAD tokens available, for 0.05 each. The ICO funding target is 3,000,000 USD, the funding cap is 20,000,000 USD and is expected to end on July 26, 2018 or when the funding cap is reached.
Token Reserve Split (60%):
- 20% to be held by Company;
- 20% Stakeholders;
- 10% Reserve;
- 10% Team.
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