Thursday, May 17, 2018

QUADRANT - Blueprint To Map Decentralized Data

Foto Quadrant Protocol.

Hello everyone in this article I will present an interesting ICO analysis, called Quadrant, based on some of the following criteria:

Blueprint to map decentralized data
Quadrant is a blockchain based protocol that enables the access, creation and distribution of data products and services with originality and originality at the core.

ISSUES IN DATA ECONOMY

AI Data Gap
Small companies are struggling to create AI innovations because they do not have access to the volume of data their algorithm needs.

Data Not Authentic
Small company data has access to produce poor algorithm results due to its questionable authenticity.

Unsustainable Ecosystems
Data Producers lack the incentive to provide the authentic data volumes that are needed as they are only getting compensated for the initial sale.

THE BLUEPRINT QUADRANT

The data economy is similar to space; uncharted and chaotic. Quadrants serve as blueprints that provide an organized system for decentralized data utilization.

BENEFITS

Stamping Data
We stamp for authenticity, allowing data buyers to track and have proof of who made the data.

Creation of the Constellation
We dare Pioneers to explore, allowing them to create the first Data Intelligent Contract and applied to create a new data product.

Enriched data and services
We empower smart minds to work on creating Constellation of Mutations - new products and services above the Quadrant.

TECHNICAL REVIEW

Quadrants will operate on the Proof of Authority consensus mechanism to handle more transactions, operate at lower gas prices, achieve faster transactions, and limit malicious nodes from entering data. Proof Chains External work will be used as an anchor for security purposes.

Data Stamping Protocol
Pioneers and Nurseries can claim a piece of data generated by putting it into the Quadrant.

Open Constellation
The constellation can be made by suppliers and consumers of data and allows for nest sharing of results.

Guardian Node
The guard maintains the Quadrant by building blocks to the Quad Chain and tethering them to the public chain.

TEST TOKEN SALES

Soft Cap / Hard Cap: $ 20 million USD hard cap (May be updated to pegged to ETH), $ 3 million USD soft cap
Currency to Buy Token: ETH
Price: $ 0.05 USD = 1 eQuad (ETH will be pegged the day before sale)

Who Can Participate The process of whitelisting. No United States, Canada, New Zealand, People's Republic of China and the Republic of Korea, or participants failing to pass the KYC / AML check
eQuad Supply: 1,000,000,000 eQuad
EQuad distribution: 40% Crowd-sale, 20% held by Company, 20% Stakeholder, 10% Reserve, 10% Team
Token Type: ERC-20
Public Sales: To be announced

In particular, you understand and accept that eQuad:

  • (a) is non-refundable and cannot be exchanged for cash (or its equivalent value in any other virtual currency) or any payment obligation by the Company or any affiliate;
  • (b) does not represent or confer on the token holder any right of any form with respect to the Company (or any of its affiliates) or its revenues or assets, including without limitation any right to receive future dividends, revenue, shares, ownership right or stake, share or security, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights or equivalent rights, or intellectual property rights or any other form of participation in or relating to the Quadrant Network, the Company, the Distributor and/or their service providers;
  • (c) is not intended to represent any rights under a contract for differences or under any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss;
  • (d) is not intended to be a representation of money (including electronic money), security, commodity, bond, debt instrument or any other kind of financial instrument or investment;
  • (e) is not a loan to the Company or any of its affiliates, is not intended to represent a debt owed by the Company or any of its affiliates, and there is no expectation of profit; and
  • (f) does not provide the token holder with any ownership or other interest in the Company or any of its affiliates.


The 1,000,000,000 eQuad tokens will be distributed as follows:

  • Pool A– Crowd-sale
    40% will be allocated for sale (Private Sale and Public Sale phases). Unsold eQuad will be held in a reserve for a future token sale to be held no sooner than 2 years after the close of the Public Sale.
  • Pool B— Company
    20% will be held by the Company as reserves
  • Pool C— Company Operations
    20% will be allocated towards advisory, security and operational purposes.
  • Pool D— Company Reserve10% will be allocated towards partner and community development to incentivise participation (these will be locked initially and made transferrable 
    monthly with annual rates of 40%, 30%, 15%,10% and 5%).
  • Pool E— Team
    10% will be allocated to the Quadrant Protocol team (these will be locked initially and made transferrable monthly over 5 years).

To the extent a secondary market or exchange for trading eQuad does develop, it would be run and operated wholly independently of the Company, the Distributor, the sale of eQuad and the Quadrant Network. Neither the Company nor the Distributor will create such secondary markets nor will either entity act as an exchange for eQuad.

Allocation of Contributions

The Token Generation Event (TGE) will have a hard cap of $20,000,000 USD. If the TGE raises over $7,000,000 USD, the contributions garnered will be locked initially and made transferrable over the course of 4 years, with 40% becoming available upon the close of the eQuad token sale and the remaining 60% released annually to be applied towards the Company's objects at a fixed rate of 15%. This is intended to ensure the long-term success of Quadrant while instilling practicality to ensure no over-spending in the initial years.


ROADMAP


The Quadrant Protocol Team & Advisors




Advisors


To contribute and Know the progress of this offer, you may visit some of the following Links:


The bitcointalk name: Aray80

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