RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Quantocoin ICO (QTCt)

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.

Start: Nov 18, 2017
End: Apr 30, 2019

Quantocoin 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.

Quantocoin 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.

  • Organization

    Quantocoin

  • Platform

    Waves

  • Coin type

    Utility Token

  • Category

    Finance

  • Soft cap

    15,000,000 USD

  • Max cap

    70,000,000 USD

  • Max supply

    70,000,000 QTCt

  • Price

    1.2 USD

  • Website

    outlink
  • Socials

    • outlink
    • outlink
    • outlink
    • outlink
    • outlink

Quantocoin Token Sale Stages

Quantocoin Distribution

Quantocoin Use of Proceeds

Quantocoin Team Members

  • Victor Pablo
    Victor Pablo CEO & Founder Linkedin logo

    Quantocoin Past Events

    • 29 February, 2016

      Lite white papers, legal structure and framework, establishment of partnership, secure technical partnership

    • 31 December, 2016

      Business plan strategy direction, project plan elaboration, licensing and company chain establishment

    • 31 March, 2017

      Marketing plan, recruitment of talents, platform planning and development road plan

    • 30 June, 2017

      IP and TM registration, regulatory framework, compliance execution plan, white papers

    • 30 September, 2017

      Advisory board establish, partnerships with banks and liquidity providers, community development, ambassadors introduction

    • 31 December, 2017

      ICO

    • 31 December, 2017

      Security audit, UI/UX development, applying for listing on the major cryptocurrency exchanges, launch new markets

    • 31 March, 2018

      Submission for QTC listing on the major cryptocurrency exchanges, launch new markets (Asia, middle east, Africa), testing platform

    • 30 June, 2018

      First app version tests, wallet development and tests, applying for EMI, PI authorisation at FCA

    Quantocoin Future Events

    • 30 September, 2018

      DTO start, app launch, merchant app development, lending protocol testing

    • 31 December, 2018

      Remittances start, wallet full functionality, first qtcBeacon, the authorisation for activity from FCA, submission of documents to obtain a banking license

    • 30 June, 2019

      Merchants network expansion, hybrid application testing, lending protocol implementation, robo-advisors, DTO end

    • 30 September, 2019

      Obtaining banking license, integration with the swift system

    • 31 December, 2019

      Hybrid application implementation, full merchant functionality, own exchange facilities established