You can deposit or withdraw QNT from Bitso using the Ethereum (ERC-20) network exclusively. Make sure you choose this network when transferring your coins.
What is Quant (QNT)?
QNT is the native token of Quant Network. It was launched in 2018 to provide interoperability between different blockchains. Inspired by the difficulty of recording individual data and records on other platforms while working at the Australian Ministry of Health, Gilbert Verdian founded Quant Network in 2018. Its initial intention was to use blockchain technology to store and organize data in a secure system that would allow interoperability between different blockchains. Using Overledger technology, the first operating system of blockchains, multi-chain applications (mDApps), was created, which can integrate into various decentralized networks due to their advanced interoperability.
What makes it unique
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Its native utility token, QNT, is based on Ethereum, and within the Quant network, it is possible to stake the token and receive rewards.
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The overledger operating system acts as an input channel and makes it possible to connect projects and applications on different blockchains.
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Ability to track by reading and monitoring transactions across multiple distributed ledgers.
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It has a permission decentralized network, allowing users to connect to its network, but with a particular restriction of services.
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To have full access to the network's features, it is necessary to purchase QNT tokens. Its holders can create and develop their applications on the QNT platform with it.
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QNT has its maximum supply limited to 14,612,493 units. All tokens have already been issued, but approximately 2 million units are locked and held by Quant network and can be sold or put in circulation at any time.
Purpose
The main objective of Quant is to connect all the distributed ledgers of the blockchains to interconnect them, making them faster and more efficient. Quant offers a network of multiple and simultaneous interactions for its users as an interoperable communication protocol. Your QNT asset is used as a utility token for the Quant network, allowing access to services and development of your platform.