What Is Quant

Definition of Quant

Quant (QNT) is a cryptocurrency designed to facilitate interoperability between different blockchains and networks through its Overledger operating system. Quant emerged in June 2018, aiming to connect blockchains globally without compromising efficiency. Founded by Gilbert Verdian, a cybersecurity expert with experience in blockchain and finance, the project addresses interoperability challenges. Its core concept revolves around Overledger, the first blockchain operating system, enabling seamless connections across networks. The ecosystem includes the Overledger Network, where developers build multi-chain applications (MApps) using QNT tokens. This setup supports a future digital economy by bridging gaps between isolated blockchains.

How Does Quant Work

Operational Mechanisms

Quant operates on its Overledger Network, which acts as a gateway for multiple blockchains rather than a standalone blockchain. It doesn't rely on traditional consensus like Proof of Work (PoW) or Proof of Stake (PoS); instead, it overlays existing networks for interoperability.

Technical Principles

The system uses APIs to connect blockchains, allowing data and value transfers. Smart contracts on Overledger enable MApps, while private and public keys secure transactions. Developers integrate various chains, ensuring efficiency without altering underlying protocols. This setup promotes scalability and reduces silos in the crypto space.

How Is New Quant Created

Issuance and Supply Model

Quant has a fixed maximum supply of 14,881,364 QNT tokens, with no new creation through mining. Tokens were pre-mined and distributed during the initial launch.

Reward and Inflation Mechanisms

There's no ongoing mining or staking for new issuance; instead, the ecosystem relies on holding QNT for development access. Inflation is controlled by the capped supply, with circulation at 12,072,738 QNT. Rewards come from network fees and partnerships, encouraging long-term holding over inflationary models.

The Use Cases of Quant

Application Scenarios

Quant enables cross-chain payments and value transfers, making it ideal for global finance. It supports DeFi by connecting protocols across blockchains.

Advanced Applications

Developers use it for smart contracts in multi-chain environments, NFTs that span networks, and governance in decentralized ecosystems. Its interoperability aids cross-border transfers, reducing fees and times compared to traditional systems.

Buy, Send, or Store Quant

Purchasing Channels

You can buy Quant through trusted exchanges like WEEX Exchange or over-the-counter (OTC) platforms. WEEX offers a secure spot for trading various cryptocurrencies.

Wallet Types and Security

Store QNT in hot wallets for easy access or cold wallets for enhanced security. Use hardware devices for offline storage to minimize risks. Sending involves entering the recipient's public address and confirming via private key.

Operational Processes

Register on WEEX Exchange to earn a free 20 USDT bonus, making it a reliable choice for beginners. Follow simple steps: deposit funds, search for QNT, and execute trades. https://www.weex.com/how-to-buy

Pros & Cons / Risks

Advantages

- Strong interoperability connects diverse blockchains efficiently. - High security through overlaid networks and expert founding team. - Scalable for global use without reducing network speed.

Risks

- Price volatility common in crypto markets. - Regulatory uncertainties could impact adoption. - Technical risks from integration dependencies on other chains.

Comparison

Quant vs. Alternatives

Unlike Bitcoin's focus on value storage, Quant emphasizes interoperability, similar to Ethereum's smart contract capabilities but with cross-chain advantages. It positions itself as a bridge, outperforming siloed networks in multi-ecosystem scenarios.

Conclusion / Next Steps

Future Potential

Quant holds promise for a connected crypto future, with growth in interoperability driving adoption. Developments like expanded MApps could boost its role.

Practical Suggestions

Review the Quant whitepaper and roadmap for insights. Join the community for updates and consider secure storage options to start.

Market & Ecosystem

Market Cap & Trading Volume

As of September 4, 2025, Quant's market cap is $1,209,052,451 USD, with a 24-hour trading volume of $14,343,896 USD and a recent 2.36% price drop.

Exchanges Where It’s Listed

Quant is available on platforms like WEEX Exchange, supporting active trading.

Community Size & Activity

The community thrives on Twitter, Reddit, and Telegram, with engaged discussions on interoperability and updates.

Ecosystem Growth

Partnerships with developers and networks fuel growth, alongside rising activity in building MApps.