Quantocoin(QTCt)

active
Blockchain based platform for digital banking and financial services

Quantocoin is an innovative blockchain based platform for financial services and digital banking. Quantocoin's platform utilizes a unique form of bio-identification that ensures the safety and security of the accounts of every user. Quantocoin is aimed at connecting the traditional banking services with cryptocurrencies via a single gateway, the QTC platform.


Score Analysis

Total

5.9

Integrity

8

Team

5

Vision

6

Product

8

Marketing

low-mid

Community

low-mid

Risk

high

Quantocoin is building a mobile blockchain banking service, a well-established and growing industry with many competitors. Whilst Quantocoin did not thoroughly explore competitors, it did explore the market. The CEO is experienced, but the majority of the team - barring a lawyer and a cofounder - are entirely unverifiable, so CTO, development team and marketing team experience could not be confirmed. The project has already released an MVP, which functions but requires further developing - the app is scheduled for release in Q3 2018, with hybrid application released in Q4 2019. As no development team could be verified, platform realizability may be impeded - additionally, no github could be located, there are generic names for team images, one team member is lacking an image and the website has some links which lead to incorrect pages or are unlinked. Marketing efforts have been low, as has been the response by the cryptocommunity. Some other red flags identified included difficulties verifying all partnerships, and no mention of the founding team in the whitepaper.

Use of Token

QTC is Quantocoin's native token. QTC token is issued on Waves platform. 70 million QTC tokens will be offered for sale via the ICO which correspond to 78% of the total token supply. QTC tokens are needed for fees of exchanges, remittances, and transfers of cryptocurrencies. QTC token is the currency of lending and microfinancing via the QTC lending algorithms. Payments can be executed too via secure chat messages (social payments). QTC tokens are needed to pay for geofencing and proximity services.

Keep reading
  • Country United Kingdom
  • Organization Quantocoin
  • Whitepaper Download
  • Platform Waves
  • Coin Type Utility Token
  • Category Finance
  • Block Explorer
  • Accepted Currency BTCETHUSDEUR
  • Website

ICO Info

active ICO
(Nov 18, 2017 - Apr 30, 2019)
Total Soft Cap 15,000,000 USD
Total Max Cap 70,000,000 USD
N/A
70,000,000 QTCt
Max supply
1.2 USD
Public sale price
1.2 USD
Current price
Token Sale Stages

*Minimum investment: 0.5 ETH

Stage Start date End date Amount of tokens Price Bonus
Private Pre-Sale 18 November, 2017 30 November, 2017 7,000,000 QTCt 1.2 USD 45%
Amount of tokens
7,000,000 QTCt
Price
1.2 USD
Discount
45%
ICO 1 December, 2017 28 February, 2018 7,000,000 QTCt 1.2 USD 25%
Amount of tokens
7,000,000 QTCt
Price
1.2 USD
Discount
25%
DTO 1 July, 2018 30 April, 2019 7,000,000 QTCt 1.2 USD 0
Amount of tokens
7,000,000 QTCt
Price
1.2 USD
Discount
0
Distribution
Distributional Token Offering
71.30%
Distributional Token Offering
71.30%
Initial Coin Offering
18.50%
Initial Coin Offering
18.50%
Team
8.50%
Team
8.50%
Advisors
1.30%
Reserve
0.50%
Distributional Token Offering
(71.30%)
Initial Coin Offering
(18.50%)
Team
(8.50%)
Advisors
(1.30%)
Reserve
(0.50%)
Use of Proceeds
Platform development
53%
Platform development
53%
Management and team
15%
Management and team
15%
Cost related to SW development
9%
Cost related to SW development
9%
Research
7%
Research
7%
Legal structuring, regulatory, tax advice
5%
Legal structuring, regulatory, tax advice
5%
Bounty campaign
4%
Bounty campaign
4%
Maintenance fees
4%
Maintenance fees
4%
Community outreach
3%
Community outreach
3%
Platform development
(53%)
Management and team
(15%)
Cost related to SW development
(9%)
Research
(7%)
Legal structuring, regulatory, tax advice
(5%)
Bounty campaign
(4%)
Maintenance fees
(4%)
Community outreach
(3%)

People

The team
Victor Pablo
Quantocoin / CEO & Founder

past events

February 2016
29 February, 2016
Lite white papers, legal structure and framework, establishment of partnership, secure technical partnership
2016
31 December, 2016
Business plan strategy direction, project plan elaboration, licensing and company chain establishment
Q1 2017
31 March, 2017
Marketing plan, recruitment of talents, platform planning and development road plan

future milestones

Q3 2018
30 September, 2018
DTO start, app launch, merchant app development, lending protocol testing
Q4 2018
31 December, 2018 in 1 month
Remittances start, wallet full functionality, first qtcBeacon, the authorisation for activity from FCA, submission of documents to obtain a banking license
Q1-Q2 2019
30 June, 2019 in 7 months
Merchants network expansion, hybrid application testing, lending protocol implementation, robo-advisors, DTO end