It is a halal crypto to trade.
What is Quant?
Quant (QNT) is a utility token that powers the Quant Network, a blockchain interoperability solution. It facilitates communication and data exchange between different blockchains, promoting a more connected and interoperable blockchain ecosystem.
Key Features of Quant Network
- Overledger: The core component of Quant Network, Overledger acts as an operating system that enables blockchains to connect and interoperate seamlessly.
- Interoperability Solutions: Quant offers various interoperability solutions, including gateways, connectors, and messaging relays, to bridge different blockchain networks.
- Security: Quant prioritizes security by employing a permissioned network and rigorous security practices.
Uses of QNT Token
- Network Access: QNT tokens are required for obtaining licenses to access the Overledger network and its interoperability features.
- Fee Payment: Transactions and operations on Overledger might require the use of QNT tokens for fees (not confirmed on CoinMarketCap).
- Potential Staking Rewards (Future): Staking QNT for potential rewards is a possibility mentioned in some sources, but not yet confirmed by CoinMarketCap.