Quanta Utility Token QNTU

$0.0002
Market Cap $ 7.246 MM (#252)
24h Volume $ 74.358 K
Chg. 24h: -7.80%
Algo. score 2.6/5  (#991)
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Quanta Utility Token project purpose and description

Quanta Utility Token clarity of purpose

Quanta Utility Token purpose and aspects

The QNTU token functions as a pledge that community members must “put up” before they may begin participation. In the event that the participant breaches the terms of use laid out by Quanta, the pledge made in QNTU is forfeited to the Quanta PLC. Community participants required to make a QNTU pledge in order to participate: RANDAO Players: The QNTU pledge is deposited prior to the KYC procedure. Affiliate Marketers: The QNTU pledge raises the affiliate marketer to a level above that of a bounty participant. The QNTU pledge means the affiliate marketer will receive a commission in the currency used in the lottery (ETH). Non-community participants required to make a QNTU pledge in order to participate: White Label Licensees: The QNTU pledge is a mechanism by which whitelabel businesses can be kept in check. If the terms of use are breached and the pledge lost by the white label licensee, that lottery business can no longer function. Experts and Consultants: The QNTU pledge ensures that regional legal, business, and advertising experts devote themselves to compliance with local laws, as well as to honest practices in general.

Quanta Utility Token additional differentiation against competition

n/a

Quanta Utility Token categories

Digital currencyBlockchain as a serviceGambling

Short description

Quanta is the world’s first legally operating blockchain lottery, designed to operate on a global scale

Abstract

Quanta PLC is a decentralised lottery ecosystem developed via blockchain technology allowing users to have a participation in the lottery platform. Quanta's platform enables the users to have a cryptocurrency wallet to receive affiliate rewards, play on RANDAO (Winner selection) & Lottery. Additionally, the platform will have also feature a cryptocurrency exchange. The Quanta PLC issued an Ethereum-based ERC 20 token named as QNTU. The QNTU is used as a payment method and as a reward in the affiliate program within the Quanta ecosystem.

Link to Roadmap: https://www.quantaplc.im/Quanta.pdf
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