Quant (QNT)

System: Quant — Interoperability and Messaging

Quant provides enterprise distributed ledger technology (DLT) interoperability for banks, corporates, capital markets participants and developers through Overledger, Fusion Rollup, Flow Apps, Quant Flow and QuantNet. Quant Network Ltd was incorporated in 2015; the system boundary includes Quant legal entities, service contracts, intellectual property, Overledger Gateway, Connectors, Quant Connect, Flow Apps, Overledger Firewall, Fusion Rollup contracts and QNT payment/staking surfaces.

Market Data

Price$65.48
Market Cap$952.36M
Fully Diluted Valuation$956.83M
30d Change-9.00%
365d Change-39.88%

Token Functionalities

Payments

  • Native Resource Fee (Weak)

    Right to consume Quant Ecosystem access resources by paying fees in QNT as the accepted token payment path. Strength is Weak because QNT is not the exclusive access path: card and invoice payment routes can also be used, and Flow Apps may price actions in non-QNT ERC-20 tokens.

System Attributes

Operating Model

<p>Quant&nbsp;is&nbsp;a&nbsp;Hybrid&nbsp;system.&nbsp;The&nbsp;off-chain&nbsp;side&nbsp;includes&nbsp;Quant&nbsp;legal&nbsp;entities,&nbsp;service&nbsp;contracts,&nbsp;bank&nbsp;accounts,&nbsp;the&nbsp;Overledger&nbsp;Gateway,&nbsp;API&nbsp;keys,&nbsp;Connectors,&nbsp;Quant&nbsp;Connect,&nbsp;Flow&nbsp;Apps,&nbsp;subscription&nbsp;billing&nbsp;and&nbsp;customer&nbsp;access&nbsp;controls.&nbsp;The&nbsp;on-chain&nbsp;side&nbsp;includes&nbsp;Fusion&nbsp;Rollup&nbsp;contracts,&nbsp;Fusion&nbsp;Firewall&nbsp;contracts,&nbsp;bridge&nbsp;contracts,&nbsp;token&nbsp;whitelist&nbsp;contracts&nbsp;and&nbsp;payment-gated&nbsp;Flow&nbsp;App&nbsp;settlement&nbsp;paths.&nbsp;The&nbsp;system&nbsp;depends&nbsp;on&nbsp;Quant-operated&nbsp;access,&nbsp;account&nbsp;and&nbsp;billing&nbsp;components&nbsp;while&nbsp;also&nbsp;using&nbsp;rollup&nbsp;contracts&nbsp;and&nbsp;connected-chain&nbsp;contracts&nbsp;to&nbsp;execute&nbsp;or&nbsp;enforce&nbsp;deposits,&nbsp;withdrawals,&nbsp;cross-chain&nbsp;messages,&nbsp;token&nbsp;permissions&nbsp;and&nbsp;payment-gated&nbsp;actions.</p>

Value Creation

<p>Quant&nbsp;has&nbsp;Hybrid&nbsp;Value&nbsp;Creation.&nbsp;Off-chain&nbsp;value&nbsp;is&nbsp;produced&nbsp;by&nbsp;the&nbsp;Overledger&nbsp;Gateway&nbsp;authenticating&nbsp;users,&nbsp;applying&nbsp;rate&nbsp;limits,&nbsp;enforcing&nbsp;API-key&nbsp;permissions,&nbsp;routing&nbsp;requests&nbsp;to&nbsp;Connectors&nbsp;or&nbsp;Fusion&nbsp;Rollup,&nbsp;and&nbsp;hosting&nbsp;Flow&nbsp;Apps&nbsp;that&nbsp;package&nbsp;business&nbsp;workflows&nbsp;for&nbsp;users,&nbsp;services&nbsp;and&nbsp;artificial&nbsp;intelligence&nbsp;agents.&nbsp;Connectors&nbsp;translate&nbsp;DLT-specific&nbsp;remote&nbsp;procedure&nbsp;call&nbsp;(RPC)&nbsp;requests,&nbsp;validate&nbsp;node&nbsp;health&nbsp;and&nbsp;select&nbsp;nodes&nbsp;using&nbsp;private-node&nbsp;preference,&nbsp;latency,&nbsp;error&nbsp;rate&nbsp;and&nbsp;other&nbsp;routing&nbsp;inputs.&nbsp;On-chain&nbsp;and&nbsp;rollup&nbsp;value&nbsp;is&nbsp;produced&nbsp;by&nbsp;Fusion&nbsp;Rollup&nbsp;contracts,&nbsp;Fusion&nbsp;Firewall&nbsp;contracts&nbsp;and&nbsp;connected-chain&nbsp;contracts&nbsp;that&nbsp;support&nbsp;deposits,&nbsp;withdrawals,&nbsp;unified&nbsp;assets,&nbsp;cross-chain&nbsp;messages&nbsp;and&nbsp;payment-gated&nbsp;settlement&nbsp;for&nbsp;Flow&nbsp;App&nbsp;actions.</p>

Value Capture

<p>Quant&nbsp;has&nbsp;Hybrid&nbsp;Value&nbsp;Capture&nbsp;and&nbsp;Routing.&nbsp;Off-chain&nbsp;capture&nbsp;occurs&nbsp;when&nbsp;customers&nbsp;pay&nbsp;subscription,&nbsp;usage&nbsp;or&nbsp;transaction&nbsp;fees&nbsp;to&nbsp;Quant&nbsp;contracting&nbsp;entities&nbsp;through&nbsp;the&nbsp;order&nbsp;process,&nbsp;card,&nbsp;invoice&nbsp;or&nbsp;QNT&nbsp;payment&nbsp;path;&nbsp;Quant&nbsp;controls&nbsp;pricing,&nbsp;order&nbsp;acceptance,&nbsp;access,&nbsp;throttling&nbsp;and&nbsp;suspension,&nbsp;and&nbsp;the&nbsp;final&nbsp;beneficiary&nbsp;is&nbsp;the&nbsp;relevant&nbsp;Quant&nbsp;legal&nbsp;entity.&nbsp;On-chain&nbsp;routing&nbsp;occurs&nbsp;where&nbsp;Flow&nbsp;Apps&nbsp;use&nbsp;x402&nbsp;payment&nbsp;gates:&nbsp;the&nbsp;user&nbsp;signs&nbsp;a&nbsp;Permit2&nbsp;message,&nbsp;the&nbsp;Gateway&nbsp;runs&nbsp;EVM&nbsp;settlement,&nbsp;and&nbsp;the&nbsp;app-declared&nbsp;recipient&nbsp;receives&nbsp;the&nbsp;payment.&nbsp;External&nbsp;network&nbsp;gas,&nbsp;miner&nbsp;and&nbsp;validator&nbsp;fees&nbsp;are&nbsp;excluded&nbsp;because&nbsp;customers&nbsp;pay&nbsp;those&nbsp;directly&nbsp;and&nbsp;Quant&nbsp;does&nbsp;not&nbsp;receive&nbsp;any&nbsp;portion.</p>