Solid team, cutting-edge technology, and some concerns about the life cycle of the project from a business model perspective.

Undoubtedly important and useful features for the industry, devs and users:

  • Multi-language smart contracts -> onboarding new devs to the QAN blockchain
  • EVM compatibility is crucial, given that dozens of backbone contracts already exist in Ethereum.
  • Quantum-resistant security is vital, as we await the first quantum system.

However, the fact remains that the QANX token has already been released. The story began in June 2021:

  • What was the point to release a token through some launchpads and raise 700k if this token is totally useless for that moment(and still) without the QAN blockchain itself? And moreover, 2021 was already the era of VC, and they raised 2.1M$. All analysts know from their background "the purpose" of such sales.
  • What is the need to maintain the QANX token all these years on 2 networks?(ETH+BSC) It doesn't have any connections with the original QANX token which is supposed to be used in the main network.
  • There are no signs to suggest that they are keeping up with the industry competitors. Of course, if all features described above are real, it can take much more time to dev/make stress tests/audits and finalize the network than just a simple "fork of Layer2". Nonetheless, how will they compete in this rapidly expanding space?

Sincerely hope that QANPlatform will succeed in onboarding devs and users and will create a user-friendly network with all declared features as they really make sense for an exemplary distributed network. Show Less

 2
2024 Cyrator - Crypto Research Community

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. Cyrator does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. Cyrator is not liable for any actions taken, financial or otherwise, based on information or links from this website.