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QUANTUM

Connecting markets

The aim of the Quantum project is to bring institutional grade liquidity to cryptocurrency and digital asset markets.

2.7
1 0 expert ratings
Benchy 2.7
KYC
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~$4,122,700
value of tokens sold in ICO
Ended
Token
QUA
Type
Price in ICO
0.0500 USD
Country
ICO start
15th Apr 2017
ICO end
15th May 2017
Visit ICO website
Report
Changelly

About QUANTUM

What is Quantum?

Quantum is one of the first real deflationary currencies in the world.
Quantum tokens are bought back, sent to the black hole address and cryptographically destroyed on a monthly basis. This process causes the amount of units in existence to decrease every month and makes Quantum stand out in the world of money printing and inflationary currencies!
Since there are less Quantums available as the time goes by, the remaining units still held by investors gain in value as the destruction process puts constant upward pressure on the price.

How?

We put all bitcoins received from the sale of Quantum tokens into a pool of funds that we call Liquidity Pool. These bitcoins are then put to work and generate interest from lending to exchanges for margin trading, making markets, arbitraging price differences between different exchanges and other forms of possible low risk income generation.
All income from these activities is then used to buy back Quantum tokens on the market and send them to a black hole address.
At the end of the month we take all Quantums in the black hole address and cryptographically destroy them by using a smart contract on the Ethereum network.

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