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Quant To USD
What is Quant?
The heart of the Quant project is the Quant Network, which automates the trust functions between multiple blockchains with the help of the Overledger operating system. Overledger has been billed as the first operating system to be built specifically to connect blockchains and other networks to improve interoperability on a global scale. The Quant token comes into play as the currency used to pay for the platform license and service fees.
The ideal use case for the Quant token is the cryptocurrency that networks with other networks. It can act as the backbone infrastructure for most use cases, with various companies designing apps that can function across multiple blockchains. Doing so will make it easier to facilitate transactions among and between the various networks and blockchains. Proof-Of-Concept has already been established within the Quant Network, as it has proven that it has the ability to read and monitor transactions across multiple ledgers, including Bitcoin, Ethereum, and Ripple.
The Quant Token serves the role of providing digital access to a particular service or application on the network. This access is granted to both developers and users. This is how the network generates revenue: by selling access to their network, where decentralized apps are available to use across multiple blockchains and paid for with various cryptocurrencies.
Quant has developed a network that they are deeming “future proof.” Because Overledger doesn't replace a blockchain, but merely connects one to another means that a new blockchain that is developed can easily be fitted into the Quant Network and take advantage of the Overledger system, making Quant the defacto cryptocurrency that interoperates with all other cryptocurrencies.
Quant Market Price Ticker Chart
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Quant Frequenty Asked Questions
Where does Quant (QNT) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, Quant currently ranks in position 101 out of the top 1000 cryptocurrencies. Another important factor in popularity is Quant‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. Quant has a market cap of $ 462,278,264, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 933,743,019,779, Litecoin at $ 12,079,560,441, Ethereum at $ 184,992,487,195, Tether at $ 34,978,109,751, and XRP at $ 22,717,028,534.
What is the price of Quant (QNT) today (updated in realtime)?
The current price of Quant is $ 36.87 in USD. (The price in Euros is 30,42 €; and the price in Bitcoin is Ƀ 0.00073300 BTC.)
How has Quant (QNT) performed recently?
Quant‘s price has decreased in the last 24 hours by -4.65%. The change in price over the last seven days was -14.13%. The trading volume over the last 24 hours was $ 15,124,258. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is Quant‘s (QNT) market supply?
The total circulating (available) supply of Quant is 12,563,323 QNT. The total supply of Quant is 14,612,493 QNT.
What is the 24 hour volume for Quant (QNT)?
The 24 hour volume of Quant is $ 15,124,258.
What is Quant (QNT) official website?
Quant‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
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