Topic: [ANN] Quadrant Protocol - A blueprint for mapping decentralized data - page 26. (Read 52926 times)

Don't miss a big announcement during the live AMA Quadrant Protocol hosts with Bluzelle tomorrow.

Ask your questions to Quadrant Protocol CEO Mike Davie during this live Q&A, Thu July 19th 23:00 PM SGT.

1H non-stop to ask everything you need to know before the end of the ICO! https://hubs.ly/H0d2CDD0

Quadrant Protocol made partnership with EffectAI project to Deliver Location Data for Singapore.

Full article about this here:

https://medium.com/quadrantprotocol/quadrant-partners-with-effect-ai-to-deliver-location-data-for-singapore-d11e393502ad

ICO Analysis: Quadrant Protocol
Published on July 11, 2018
By Daniel Won
https://hacked.com/ico-analysis-quadrant-protocol/

Token
Quadrant Protocol has two tokens: eQUAD and QUAD.
eQUAD are placeholder ERC-20, Ethereum-based tokens that will be used until Quadrant’s mainnet is launched. Then, eQUAD will be converted to Quadrant’s native token, QUAD.
(For the purposes of this analysis, we will discuss Quadrant’s token economics using QUAD, which will eventually take the place of eQUAD).
Here are QUAD’s uses:
    Medium of exchange for data transactions (e.g. buying, selling, staking to access datasets)
    Stamping data and having it verified by Guardian Nodes (maintain and secure Quadrant’s blockchain), who are then paid for their verification services
The total supply of QUAD tokens is 1,000,000,000 QUAD.
40% of the tokens will be sold in the token sale, 20% will be held by the company (foundation), 20% will be for stakeholders (advisors, operations, and security), 10% will be held in reserve (network, community, and partner development), and 10% will be for the team.
Team tokens will be initially locked and then vested over 5 years in monthly increments.
The token sale has a soft cap of $7m and a hard cap of $20m.
If the sale raises more than the soft cap, which it has as of writing, contributions will be initially locked and released over 4 years, with 40% becoming available after the end of the token sale and the remaining 60% being released yearly at an annual rate of 15%.
Token sale proceeds will be used as follows.
    35% Business and Network Development
    30% R&D
    25% Operations and Security
    5% Legal, Accounting, and Compliance
    5% Treasury (ensure smooth operation of the ecosystem and that people can use the protocol even if tokens are unavailable to volatility in QUAD supply and demand)
Unsold eQUAD will be held in a reserve for a future token sale to be held within 2 years after the conclusion of the public token sale.

Team
Founder and CEO Mike Davie – Quadrant is led by Founder and CEO Mike Davie. Davie has a lot of experience in data and is also the Founder and CEO of DataStreamX, an online marketplace for real-time data created by big data, machine to machine (M2M), and Internet of Things (IoT) applications. DataStreamX was named one of Singapore’s 20 Hottest Startups of 2017 by Singapore Business Review. Davie’s experiences at DataStreamX led him to create the blockchain-based Quadrant Protocol solution.
Before DataStreamX, Davie worked at renowned companies like Samsung, where he held roles in business development, marketing, and product strategy.
Davie has also been a speaker at Big Data conferences, such as Monetizing Big Data in Telecoms World Summit 2017, 2nd Asia Conference on Big Data and Analytics for Insurance, and Echelon 2015.
Advisors
Advisors for Quadrant Protocol include the following:
    Benedict Chan, CTO at BitGo, a blockchain security company that is one of the earliest blockchain-based companies and pioneers of the multisignature Bitcoin wallet (requires multiple sign-offs for transactions to be made, heightening security). BitGo was also the first blockchain service to offer insurance against theft from its Bitcoin-based wallets. Chan brings his technical expertise to the Quadrant Protocol project.
    Hari Krishnan, CEO at PropertyGuru, Asia’s leading property portal and one of the most prominent tech companies in Southeast Asia. Krishnan advises Quadrant on growth strategies.
    Pavel Bains, CEO at Bluezelle, a company that had its own successful ICO and builds blockchain solutions for the finance industry. Bluezelle was named a World Economic Forum Tech Pioneer in 2017. Bains brings his technical knowledge to Quadrant.

Verdict
A breakdown of the risks and growth potential is provided below.

Risks
    Private sale mentioned but no details given (allocation amounts, contribution limits, vesting, etc.). (-0.5)
    Community hype could be higher (“only” 16k Telegram group members, 4.6k Twitter followers – as of writing; and generally not as hyped as other ICOs). (-0.5)
    No partnerships detailed (how will they get people to use Quadrant Protocol). (-0.5)

Growth Potential
    Strong team with data industry experience. (+3)
    Strong advisory board. (+2)
    Financial discipline – token sale proceeds are being vested to ensure that initial spending doesn’t get out of hand. Airbnb was started by two guys racking up $20k in credit card debt. Makes you question some ICO raises. (+2)

Disposition
There seems to be tons of ICOs trying to tackle the need for a quality data marketplace. Quadrant Protocol stands out due to its team, advisors, and financial discipline. However, lack of details on private contributions, lack of relative community hype, and no details on partnerships makes one wonder if it will get off the ground. Quadrant Protocol receives a 5.5/10

Investment Details
    Type: ERC20 – Utility (to be turned into Native – Utility)
    Symbol: eQUAD (to be turned into QUAD)
    Platform: Ethereum (to be turned into Native)
    Crowdsale: Ongoing
    Minimum Investment: Unspecified
    Price: 1 ETH = 10,782 eQUAD or 1 eQUAD = $0.05
    Hard Cap: $20m
    Payments Accepted: ETH

Restricted from Participating: USA, China, Canada, New Zealand, South Korea, and UN-Sanctioned Countries as well as those who fail to pass KYC/AML checks

congratulations Quadrant on the Singapore job from the Effect community. I see this to be an eye opening partnership that demonstrates to the world how useful Blockchain and legitimate companies can be to the world and business.

that is a nice news.we hope that it can have more partners in the future development.And I think this project will develop better and better.

Exactly, Quadrant just announces its latest partnership with Effect.AI, which creates a dynamic set of location data points that the Government can use to put Singapore at the global forefront of location services to better serve its residents. You also read more about this in the following blogpost that the team has published:

Quadrant Partners with Effect.AI to Deliver Location Data for Singapore

Great news! They just published the video. I share it in case it is of interest. Quadrant Protocol is joining forces with Effect.AI to work on a project for the Singapore Government's Info-communications Media Development Authority (IMDA).

Quadrant Protocol's Partnership with Effect.AI

Quadrant Protocol CEO Mike Davie will be having a live AMA with Bluzelle's Community this thursday.

You can join AMA on Thursday here

THE TOKEN SALE MILESTONES:
- Duration: 26 June 2018 - 26 July 2018
- Softcap Reached
- Exceeded $7M, contributions vested over 5 years
- 89,710,480 eQUADS remaining for sale
- Price: 1 ETH = 10,782 eQUAD
- Hardcap: $20 million
- eQuad Supply: 1,000,000,000 eQuad
- eQuad Distribution: 40% Crowd-sale, 20% to be held by Company, 20% Stakeholders, 10% Reserve, 10% Team

We are looking forward to kickstart another great partnership, that time with @Media_Protocol Our efforts in Big Data and AI industries are being recognized and being rewarded with great partnerships. We invite you to our first live AMA with Media Protocol's team.

Worldwide network of Quadrant Protocol supporters to build solid foundation for the future.
Over the course of the last month, we have been working on building out a worldwide partnership network to ensure we can carry the message and mission to all ends of the globe.

Ensuring the long-term success and adoption of the data protocol was our utmost goal when selecting partners and investors who will be with us, not only for the token sale, but 6, 12 and 24 months after. The mission of the network is to bring tangible value to Quadrant Protocol, including building our network and user base of AI and Data companies and expanding to communities around the world via invitations to speak at conferences and meetups. The goal is to bring real-world solutions for mapping decentralized data into the market.

Quadrant Protocol CEO Mike Davie will be having a live AMA with MEDIA Protocol Community this thursday.

You can join AMA on Thursday here

Hi there Henry!

I'm sorry, why do you say it's all useless?

Here is just one example of the latest updates, which Quadrant's team has been consistently sharing:

Quadrant Protocol - Data Consumer Demo


Also, if you haven't already, make sure you join Quadrant Protocol's Telegram Group! That way you will always be up to date with the latest developments and news, first-hand!

strange abbreviated reference, Mike has already given so many interviews, traveled so much, and everything is useless, apparently everyone wants to buy tokens cheaper after the public sale is will be over 

For too long purchasing data has been too costly and complex without a guarantee of authenticity, listen Davie Michael's interview with Decrypt Asia on how Quadrant serves as a blueprint to commence the utilization of decentralized data:

https://hubs.ly/H0d0Qh_0

Quadrant Protocol Big Data and Blockchain Engineer, Azam Sharique, is here to explain how Quadrant Protocol DATA Consumer client works.

Learn How Quadrant Protocol DATA Consumer client works

Maybe expecting so by the end of the crowdsale, we may expect that quadrant protocol will reach to the hard cap. In the last few days, we have seen many positive feedback from this company and this makes more interesting about the company.

Hey, remodex9. What makes you think this way? The project already raised 15 million USD in the private sale. The Crowdsale is still ongoing.

There's still enough time and you know most people like to wait till last minute. Additionally, the team is presenting at various blockchain events and spreading the word about their goals.

Why no one is buying token
poor marketing? no exposure?
if you have the best tech but no one is interesting because of awareness, what happens to your tech?? #foodforthought

Bluzelle has just announced an AMA with Quadrant Protocol CEO Mike Davie scheduled for thursday! Everyone is invited to join and participate in this AMA- it will come along with a new announcement from Mike!

Join Mike at @Bluzelle this Thurs and ask him anything!