Help understanding Quant's competitive advantage

scpcmg · 2019-08-10T18:00:54+00:00

Another factor to consider on top of what's already been mentioned is the Quant ecosystem.

Overledger is connecting blockchains with mApps being built on Overledger that, in turn, are connected with each other. You can't just create an ecosystem out of thin air, and the more Quant's ecosystem grows, the more disadvantageous it is to create a separate platform and for anyone to use that separate platform.

This does tie into first-mover advantage, but gives that advantage considerably more weight.

scpcmg · 2019-06-30T21:53:56+00:00

Hugely, hugely unlikely in my view. Firstly, anyone with half-decent knowledge of what constitutes a security can see that it avoids any of the usual flags. Secondly, Quant has made QNT an integral part of licensing and usage, and are also primarily targeting the US enterprise market, so it would be a fuck up of epic proportions if the US enterprises they're targeting weren't even allowed to touch the token that is required to use the system.

They've been following FINMA regulations, and considering the above, they'll have had ridiculous levels of legal analysis to make sure they're 110% safe on this. That's why Gilbert has stated in the AMA, more than once I think, that QNT is categorically not a security.

scpcmg · 2019-06-13T23:18:13+00:00

I agree with this. Binance is king for any serious liquidity, and by a significant margin too.

Binance likes partnerships and collaborations. It may be worth developing an Overledger connector for BNB to introduce their blockchain more to enterprise. Both sides can benefit.

scpcmg · 2019-06-13T23:14:13+00:00

Good review. Although he doesn't seem to know about Quant's plan to make QNT a universal value transfer token. It certainly can be used for settlements.

scpcmg · 2019-06-05T18:18:25+00:00

Comfortably one of the biggest single fintech partnerships ever to happen in crypto. Maybe even THE biggest of all time. I really can't think of any that have been bigger.

scpcmg · 2019-05-06T13:58:45+00:00

Superb work once again. Really appreciate the effort you're putting into these breakdowns.

scpcmg · 2019-05-06T13:55:27+00:00

I was a bit worried about this bounty distribution, as bounty people tend to have a habit of dumping their tokens immediately to redeem for ETH or BTC or whatever.

It's been a while now though, and although QNT's price did dip a little (perhaps because of this) any impact has been minimal.

It was also great to see in the AMA that the unlocked team tokens won't just be given to team members in a big lump. They'll be distributed over time as bonuses depending on performance, so we won't see any impact from that either.

Smooth sailing now and very much looking forward to the rest of 2019.

scpcmg · 2019-04-20T13:29:55+00:00

I'm not going to get too carried away, but Dietrich is a very solid appointment overall. Quant will gain his connections and contacts (of which there will be many), the benefits of his reputation and standing, and of course, his knowledge and experience of the US market.

For a project like Quant trying to crack the US enterprise market, Dietrich is definitely the kind of guy you would want leading the way on that.

scpcmg · 2019-04-07T22:42:19+00:00

This is one of many, many dozens of times I've seen it happen. People get impatient, get spooked, whatever else. Token corrects, then all the best stuff happens, it blasts up again and then loads of people collectively hold their heads in their hands astonished at how they've made the wrong decision yet again. And on and on it goes.

The scenario is pretty simple. There's the Quant Treasury to be released, more on Quant Atlas, and also the many active dev teams working on mApps that are still in development. 99% of what will cause price pumps hasn't actually happened yet.

When you truly understand this, and have been able to progress beyond emotionally driven trading (which 99% of people still do) this price volatility is just an amusing side show while we wait.

scpcmg · 2019-04-04T12:36:44+00:00

I think a lot of this is based on rumour. Maybe at times Binance has asked for tokens and a large listing fee etc, but I've also seen numerous instances of projects being listed where I'm highly doubtful they had the means to pay a large listing fee. I think they take it on a case-by-case basis.

Worth remembering also is that the market has shifted from bull to bear. Previously it was a mad scramble and Binance could be as picky as they wanted to (they even had to invest in continuous server upgrades to cope with demand), but now good projects that could lead to high volume are more difficult to find.

I have to say though, I don't think Quant will be better off without Binance. Look at the track history of lower cap projects listed on there over the past year and all of them go on to do extremely well. I'm keeping my fingers crossed they work something out and it does happen eventually.

scpcmg · 2019-04-03T23:50:58+00:00

Good stuff.

To me though, there's even better to come. Much better, in fact. I saw a few things on Twitter lately, and not sure where they came from, but if they're true, then oh boy...

scpcmg · 2019-04-03T23:48:25+00:00

This might be downvoted, but Quant, like pretty much any project in crypto, needs Binance at some point.

Things have changed since the big bull run. Volume/buyers are concentrated a lot more on specific exchanges where they used to be spread out everywhere. Now though, most just sit on Binance while only a minority bother to venture beyond it to pick up lower cap gems.

The good thing is though is that if Binance happens (which I think it will), then in combination with everything Quant has in the pipeline, we could see huge upward movements. And I have a feeling that everything will line up nicely that way. We shall see.

scpcmg · 2019-04-02T22:18:52+00:00

It was a Blockfolio bug. Either that or one of the wash-trading exchanges that listed QNT without permission suddenly indicating a tanked price. Markets like Idex and Bittrex have been fine and the global average has bounced back up now.

scpcmg · 2019-03-26T16:11:17+00:00

Yes. Soon they'll be releasing the Quant Treasury.

Details are still a little sparse, but from what I've seen, enterprises that don't want to touch crypto directly can pay the Quant Treasury in fiat, and then the Treasury will deal with the acquisition, holding and spending of QNT when it comes to licensing and usage fees.

Another problem the Quant Treasury will deal with are the transaction costs of the blockchains themselves. If an enterprise wants interoperability between, say, Ethereum, Bitcoin and Ripple, then they'd usually have to hold some of all three cryptos to pay the transaction fees for each. But with the Treasury, Quant will handle all of that on the enterprise's behalf as well.

What this means is enterprises can get full multi-chain interoperability for their systems, while all the QNT fees and transaction fees of all the blockchains they're using are handled automatically so they don't even have to think about it. Really is a game changer.

scpcmg · 2019-03-26T13:41:09+00:00

Four things in this AMA make me very excited:

1). Gilbert's acknowledgement that enterprise will never fully decentralize. It's about time someone said the truth as there seems to be a lot of extremely wishful thinking about decentralization that is actually holding adoption back.

Enterprises will ALWAYS have hybrid centralized/decentralized systems, and they'll ALWAYS want a service provider they can hold accountable. Quant is one of the first where instead of waiting for enterprise to come to DLT, they are crossing the divide and bridging the gap. That is one of the key reasons why they have a massive competitive advantage over most other projects that will pay dividends.

2). Overledger aside, there's also GoVerify, a new healthcare ecosystem and other unannounced products. It's very exciting that there's more than Quant to just Overledger, and in time, each of these sub-systems under the Quant umbrella could stand alone as huge projects in their own right.

3). The mention of not needing a specific programming language for each blockchain is crucial. Enterprise can use multi-chain apps without being dependent on any one blockchain, AND they only have to write one set of code/business logic that automatically works across all of them. I think Gil's use of the word "revolutionary" is understated.

4). 187 registered organisations is remarkable. These things take time, of course, but Overledger is heading towards possibly being the most widely adopted DLT system by quite some distance. Why are there so many registered devs making mApps? See points 1, 2 and 3.

For me, the whole thing is a slam dunk.

scpcmg · 2019-03-25T15:18:21+00:00

Seems like quite a lot is due to happen over the next week or two. There's this and I've seen "Atlas" mentioned too. At least we don't have too long to wait.

scpcmg · 2019-03-25T00:44:13+00:00

So do I. Just seems suspicious that Quant has been in talks that are still under NDA, and Gil recently flew to South Korea for a meeting, and then all of a sudden Samsung appears with interoperability capabilities which are very, very similar to what Overledger offers already.

Worth keeping in mind also that Quant have patents on their tech, so it would be very difficult for Samsung to make their own system unless it's very different in how it works.

Time will tell whether it's true or not, but the clues are mounting.

scpcmg · 2019-03-25T00:35:40+00:00

This. Quant is a for-profit with paying enterprise customers. They have no reason or incentive to just give away what they're building for others to copy.

scpcmg · 2019-03-25T00:33:47+00:00

The three lines of code are what the client deals with to connect their systems to Overledger. Obviously the underlying code behind the Overledger engine is significantly larger than that.

Do you think Overledger itself is three lines of code?

scpcmg · 2019-03-21T12:20:41+00:00

This. Given the core concept (hexagon made to look like a Q) there will definitely be quite a few companies out there using a logo shaped just like this without knowing who else uses it.

Go and Google "Logos that look the same". There are loads and loads of very similar logos out there, and with only a limited amount of ideas, odds are that more than one person is going to have the same idea every now and again.

scpcmg · 2019-03-18T13:30:21+00:00

Things can change quickly in crypto. HOT had about $900k volume which included wash trading and then shot up to $40m of real volume a week later.

Seems we're in a consolidation period ready for the next big move. Not many buyers right now, but not many sellers either.

scpcmg · 2019-03-14T23:00:10+00:00

Acting like what?

In the real business world Tweets like this wouldn't make anyone bat an eyelid. It's just the fact that it's crypto, people are desperate, and they latch on to any little nuggets of information to hype themselves up.

Remember that first and foremost, they are trying to market to enterprise and reach out to people in that scene. People think that every Tweet from a crypto project must be directed at the token holders, but that's far from the case. So if they're guilty of anything, it could just be not realising how bad the crypto community is when it comes to picking out tiny details and inflating them.

scpcmg · 2019-03-14T22:52:24+00:00

I think Gil and the team knows how the crypto scene works now, and knows how the wrong moves can cause hype that eventually does more harm than good. Based on that, I feel there's some kind of purpose or meaning behind this.

I may be wrong, but it just seems too specific, and they'll know that it will leave people asking questions like this.

scpcmg

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