Hello everyone, If you're interested in joining the Kvantor project, it's a good idea to read reviews that can help you get information that might help you in viewing their mission vision:
Premises for the Project Implementation
The historically established model of the international financial system, in which the USA is the main player using the dollar as the main reserve and settlement currency, has a number of serious problems. USA control over the system of world currency regulation creates not only significant risks for national economies but also a significant advantage in favor of the USA economy. In this situation, the principal task of an increasing number of countries and financial entities is to get out of control of the United States.
Moreover, the rapidly developing web-centricity and data-centricity of the modern business and state control systems provide the elimination of intermediaries between participants of economic activities, ‘uberization’, maximum transition to direct transactions using modern informational platforms. The distributed ledger technology (blockchain) and digital tokens based on it are becoming an object of scrutiny and the promising investment niche for the business community.
The world’s major banks and financial institutions have already formed several consortia creating technology platforms for the corporate market, among which the most famous are: HyperLedger, Ethereum Enterprise, Ripple, Corda. But none of the platforms, which are being developed in the world1, doesn’t solve the task to leave conventional dollar- and USA-oriented financial mechanisms, to provide actual freedom of transactions, price formation, to release economic and national interests from political pressure exerted by conventional financial institutions.
Goals and the Idea of the Project
The goal of the KVANTOR project is to give a real freedom to economic agents of the global market.
- To use the advanced technology of settlements;
- To make fast transactions for competitive and acceptable prices uncontrolled by cartels and corporations;
- To reduce costs for the army of clerks, lawyers, «contract management specialists» and issuing of multiple unnecessary documents;
- To transfer capitals simultaneously (in most cases, automatically) to those development points, which give the largest profit with minimal risks.
The platform will allow decreasing money transfer terms down to minutes, transaction expenditures and risks of mistakes — almost down to zero, and volume of required documents — down to minimal possible one. Using KVANTOR, currency and commodity exchanges will be able to provide their clients with services based on the technologies of the future, and banks will become not just financial institutions but full business partners.
This platform is designed to provide full confidentiality of transactions (only parties involved in transactions are allowed access to information), as well as quick and secure settlement without SWIFT.
The project was developed by a team of professionals, based on their own experience and the international experience of the specialists. Our task is to create products that enable both individual companies and all countries to free themselves from their dependence on existing external external economic and financial controls, but not in violation of local laws or laws of the partner's country of residence.
The platform is implemented as SaaS and as a "box" solution. The SaaS format allows system participants to interact freely, make payments almost instantaneously, and ensure the implementation of obligations through smart contracts. The box solution is represented as a stand-alone system with the ability to connect to a global platform via a convenient, broad API.
Interbank transfers provide channels for banks to exchange messages about current transactions between participating banks.
- All transaction data is stored in the KVANTOR blockchain, which provides the required transaction processing speed and protection against logical attacks directed at the network.
- The message exchange mechanism of the program is based on the legally significant functionality of electronic document management, which relates to the legislation of countries in which KVANTOR ecosystem participants live.
- The software mechanism is installed in the bank and interacts with the ABS bank via a special API. The message exchange process occurs on an encrypted channel.
- All money transfers are implemented using a protocol that is compatible with the SWIFT system, which allows to minimize changes in the existing ABS.
The exchange of commodities allows users to transact with raw materials, insure them, organize transportation, prepare all necessary documents, receive financial instruments (warranties, loans, etc.) and make instant payments with monetary instruments (fiat or digital) through convenient channels SWIFT).
- Actual transaction and implementation controls are performed using smart contracts.
- In addition to transactions with raw material suppliers, this platform enables simultaneous transactions with complementary service suppliers (transport and insurance).
- Platform technology allows the realization of a number of units simultaneously in a single system (ruble, yuan, tenge, and others).
- Features of the exchange are available for fiat currency procedures, online transaction protection using an eskro account with the convenience of allowing the exchange interface.
Economic Model of Token Release.
The sales model based on calculations in traditional currencies.
- Stage 1.Kvantor.Tech company, the owner of exclusive rights to KVANTOR software (the licensor), enters into the contracts with national KVANTOR partners (licensees) on granting non-exclusive rights to KVANTOR.KEY software—the software product for the management of KVANTOR. BANK, KVANTOR. NODE, and KVANTOR.MARKET licenses, exclusive rights to which also belong to the Licensor.
- Stage 2.The national partner (Quantor Tech Rus, LLC) executes distributor agreements with legal entities and individuals.
- Stage 3.Distributor, X, LLC, concludes a reseller agreement with Kvantor.Tech (Cyprus).
KVANTOR Tokens Emission Rules
Token standard: ERC20.
Initial number of KVANTOR tokens: 100,000,000 pcs.
The initial value of the KVANTOR token token is 1/1,300 of the value of an ounce of gold on the day of the smart contract creation (tokens release) and is determined by the daily exchange rate in the London Interbank Market11 in USD, EUR, GBP with one decimal point. The rate of purchase in other currencies is determined by the cross rate of the currency exchange chosen before the beginning of ITO12 to GBP at the date of the token purchase.
After completion of ITO, all transactions with KVANTOR tokens are frozen for 2 months.
Pre-ITO and ITO
Distribution of released tokens:
- 15% - founders, team, initial beneficiary
- 5% - partners of the project
- 80% - beneficiaries of the KVANTOR project, including:
- 20% of released tokens are intended for sale in the 1st round of sales;
- 40% of released tokens are intended for sale in the 2nd round of sales;
- The remaining 20% of issued tokens are reserved for subsequent sale (the possibility of exchange trading or selling to a strategic beneficiary will be considered).
Soft Cap - The Soft Cap is 3,000,000.00 GBP. Alongside with the ITO activities, the company is seeking to raise money from venture funds and individual investors. Hard Cap - equivalent of 32 million GBP. According to our current business plan, this amount (taking into account the costs of system development, marketing, promotion, etc.) will allow the project to recoup the borrowed funds within the required period and start making profits.
Pre-ITO - not carried out. ITO - is held in three rounds.
1st round of sales
From 26.04.2018 to 25.05.2018 - 20% of KVANTOR tokens are sold. Within this phase, the tokens are sold under a private pre-order (Private Token Sale). Tokens can be purchased by sending an e-mail to email@example.com. Based on the analysis of interest in the project by potential beneficiaries, the project team either continues the main sale in the Private Token Sale format or begins an open subscription to the tokens.
2nd round of sales
From 25.06.2018 to 24.07.2018 - 40% of KVANTOR tokens are sold.
3rd (additional) round of sales It is held not earlier than 3 months after the end of the 2nd round.
- A 40% discount on the nominal value of the token is provided in the 1st round of sales.
- A 20% discount on the nominal value of the token is provided in the 2nd round of sales.
- Discounts are provided in case of high volume purchase:- 5,000 - 24,999 KVT (25% of token nominal value)- 25,000 - 49,999 KVT (27% of token nominal value)- 50,000 - 249,999 KVT (30% of token nominal value)- 250,000 - 499,999 KVT (35% of token nominal value)- >500,000 KVT (40% of token nominal value)
- Discounts are not provided in the 3rd round of sales on a regular basis.
- Minimal purchase package is 100 tokens.
I quarter • The project is initiated
II quarter • Top and middle management hired, base of the development and sales team formed
III quarter • Formation of the team completed
• Key technological partners determined
• Technological and methodological basis of development of the platform finalized
IV quarter • major regional promotion partners determined
• Beta of Interbank transfers function released
I quarter • Commercial version of Interbank transfers function released
• Agreements with regional promotion partners executed
• Support structure of developed services formed
II quarter • First contracts for provision of interbank transfers service signed
III quarter • beta of Banking services function released
IV quarter • regional «anchor clients» serving as basis of development of the platform and generation of income determined
• Beta of Exchange trading services function released
• Commercial version of Banking services function released
I quarter • Commercial version of Banking services function released
• First contracts for provision of banking services signed
• The Client Club for clients’ feedback and strategic planning of development of the platform established
II quarter • Beta of Exchange trading services function released
III quarter • Commercial version of Exchange trading services function released
• First contracts for provision of exchange trading services signed
The Project Team