You have 4 summaries left

The Bitboy Crypto Podcast

Do YOU Want To Be A QNT Millionaire?

Tue Jul 11 2023
Blockchain InteroperabilityCryptocurrencyQuant Network

Description

Quant Network is an ERC-20 token that aims to enable businesses and developers to connect and communicate with multiple blockchain ecosystems simultaneously. The founder, Gilbert Verdean, has a strong background in cybersecurity. The over ledger platform provides blockchain interoperability and access to technology used by major institutions. Quant has the potential to reach high prices in the next bull run, with various scenarios outlined. The impact of Quant on its price remains uncertain. Technical expertise and probability solutions are highlighted as important factors for the future of crypto. The episode concludes with a call to subscribe, check out a paid newsletter, and share favorite projects for the bull run.

Insights

Quant's Potential

Quant has the potential to reach high prices in the next bull run, with various scenarios outlined.

Technical Expertise

Technical expertise and probability solutions are highlighted as important factors for the future of crypto.

Chapters

  1. Introduction
  2. Quant's Potential
  3. Technical Expertise
  4. Conclusion
Summary
Transcript

Introduction

00:00 - 06:21

  • Quant is an ERC-20 token and the native asset of the quant network.
  • Quant Network aims to allow businesses and developers to connect and communicate with various DLTs and blockchain ecosystems simultaneously.
  • The founder of Quant Network, Gilbert Verdean, has a successful career in cybersecurity and has worked for notable organizations like EY, PwC, HSBC, Bank of England, and the Federal Reserve.
  • Quant's solution to blockchain interoperability is called the over ledger platform, which offers access to technology used by institutions like the Bank of England and the Bank for International Settlements.

Quant's Potential

00:00 - 06:21

  • Quant has found support around $100 during the crypto winter drawdown but could potentially reach $400 or even $1,000 in the next bull run.
  • To become a millionaire with Quant at $400 per token, one would need about 2,500 tokens costing approximately $260k.
  • Quant's tokenomics are bullish as almost all of its total supply is already in circulation, unlike other projects that face inflation or large unlocks.
  • If Quant reaches $5,000 per token due to high demand and scarcity squeeze during a bull run, one would only need 200 tokens to become a millionaire.
  • In an unlikely scenario where Quant competes with Ethereum and reaches its market cap of $220 billion at today's prices ($15k per coin), one would only need around 67 tokens to become a millionaire.

Technical Expertise

06:02 - 06:38

  • The Quant Network is a formidable technical player.
  • Probability solutions are needed for the future of crypto and mass adoption.

Conclusion

06:02 - 06:38

  • The impact of Quant on its price is uncertain.
  • Subscribe to the channel and stick around for the Bull Run to find out.
  • Check out the weekly paid newsletter at crucialcrypto.io for more insights into top projects.
  • Share your favorite project for this bull run in the comments.
  • ISO 20? Oh two two coins may become a thing.
1