QAN is a platform that implements Blockchain technology in enterprise processes. The use of quantum technologies and smart contracts will provide low power consumption when checking blocks and secure digital signatures. Also, users will be able to write smart contracts in various languages thanks to multilingual coding.
Business Model Overview QAN (QARK)
1. The validity of income
The project will receive revenue from transaction fees charged to users, development fees for code deployment when creating smart contracts or using universal smart contracts. Users will pay license fees for the use of universal smart contracts, as well as fees for storing data on the network. In addition, users will also pay fees for mining on the platform. The project team will create a deposit pool to eliminate fraud on the platform, each user must pay a license fee for participating in the block validation.
2. Number of currencies accepted
The project accepts such liquid currencies as: BTC, ETH, GBP, USDC, PLN, USD, EUR.
3. Token emission
The project has a limited number of tokens. During the ICO, 88 888 800 issued tokens will be available.
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 30%.
In the provided technological map, the project goals are indicated until the end of 2020. The distribution of funds collected during the ICO will be as follows: 55% - “Development and updating of the platform”, 15% - “Marketing”, 15% - “Management and management”, 10% - “Reserve”, 5% - “Legal expenses”.
6. SOFT CAP / HARD CAP Ratio
Assessing the SOFT CAP / HARD CAP ratio is not possible because the project does not have a SOFT CAP value. The value of the HARD CAP is $ 55 000 000.
7. MVP availability
The project has been developed by MVP.
8. Risk assessment and insurance
There are no risk assessments by international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of capital loss for investors.