QUANTUM PROJECT [QAU] - Connecting markets
The aim of the Quantum project is to bring institutional grade liquidity to cryptocurrency and digital asset markets.
One of the main reasons preventing large players from entering the crypto revolution are illiquid order books and wide market spreads. This prevents sizeable cash flows from entering and exiting the markets in an efficient and cost effective way and leads to scepticism among traditional money managers. To support this fast growing ecosystem of various crypto currencies and digital assets, the crypto economy needs a professional and large provider of liquidity across all crypto related markets. This will lead to a faster and more stable growth of the entire crypto economy.
Quantum tokens will be issued on the Ethereum network and will be freely traded on an open market.
The amount of tokens issued will be final and based on the amount of funds collected during the presale period. All funds collected from the sale of Quantum tokens will be injected into the liquidity pool and used to provide liquidity on all crypto related markets.
Any income generated from the liquidity pool will be used to buy back tokens at the best possible price available on the market. All tokens that will be bought back by the Quantum project will be sent to a black hole address and will get destroyed forever. The black hole address will be published on this website and will be auditable in real time. This process will decrease the amount of tokens in existence and increase the value of all other tokens still held by token holders.
How is Quantum different from other crypto currencies?
Most crypto currencies constantly create new units in a process called mining. Since this process is very expensive, majority of the people running this operation constantly sell newly created coins to cover their expenses. This creates downward pressure on the price and new money has to flow into the market just to keep the price at the same level.
We put this process in reverse. Quantum tokens will be destroyed constantly and the amount of units in existence will decrease over time. Just as mining of other currencies creates downward pressure, Quantum destruction process puts upward pressure on the price. This process will cause the value of Quantum tokens to increase over time even without fresh money flowing into the market.
Is Quantum a deflationary currency?
Yes! Because Quantum tokens will get destroyed on a monthly basis, the amount of units in existence will decrease each month. This makes Quantum one of the few real deflationary currencies in the world.
How are Quantum tokens destroyed?
Any excess funds generated from the liquidity pool operations will be used to buy Quantum tokens on the market and sent to the black hole address. This process will be transparent and auditable in real time using Ethereum blockchain.
How are funds in the liquidity pool going to be used?
Quantum project will deploy all funds in the liquidity pool to provide liquidity on all crypto currency and asset markets available. This will be done by providing funds for margin trading to exchanges, connecting various markets by arbitraging price differences and making markets using price neutral algorithmic trading. New ways of improving our processes will be constantly developed and implemented when suitable.
How are liquidity pool excess funds going to be used?
Any income generated from the liquidity pool will be used to buy back Quantum tokens on the market at the best possible price and destroy them by sending them to the black hole address.
What if there is a loss in the liquidity pool?
We will use advanced risk management models to mitigate any potential loss of funds in the liquidity pool. All models have been back-tested since the inception of bitcoin and will be modified to meet all risk profiles of any currency or digital asset that will start trading on open markets. Liquidity pool funds will be diversified among different currency pairs and different marketplaces. This will prevent material loss in an unlikely event of bankruptcy on an exchange or any other market event that might occur in the future.
Is the amount of Quantum tokens final?
Yes, the amount of issued tokens will be final and based on the amount of funds collected in the presale period.
How much will 1 Quantum cost?
The presale price of 1 Quantum will be set at approx. 0.05 USD.
How many tokens will be distributed during the presale period?
1/3 of all tokens will be made available to early adopters during the presale period.
How is the rest of Quantum tokens going to be used?
2/3 of the tokens will be reserved to be able to support further development and to increase the size of liquidity pool in the future. This will boost the ability to make markets as they grow larger and more liquid. The increased amount of funds in the liquidity pool will also speed up the destruction process of all tokens in existence and add more upside potential to the growth of the value of a single Quantum token.
When will the presale period start?
The start of the presale period will be published on this website as soon as we have the exact date available. Don’t miss the announcement by signing up here.
When are Quantum tokens going to be available to trade?
Quantum project will issue tokens no later than 30 days after the presale period is completed. We will add our tokens to as many marketplaces as possible as soon as they are issued.
What protocol will Quantum use to issue tokens?
Quantum tokens will be issued on Ethereum protocol.