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QTUM Crowdsale

Crowdsale Results

QTUM Sold
QTUM
Time Spent
117 Hours
0
BTC
0
eth

Risk Precaution:

Crypto-token crowdsale is high risk by nature, please read carefully the following Participation Agreement and Prospectus.  By participating in the QTUM Crowdsale, you confirm you fully understand and accept the terms and conditions.

- Agreement on QTUM Crowdsale Participation
- Prospectus of QTUM Crowdsale

Qtum RoadMap
June

Testnet Release

  • Potentially incomplete GUI, full RPC methods for contract interaction
  • Designed for developers, not consumers
  • Should be stable, but features and RPC layer subject to change from community feedback
  • SPV extended to support syncing contract state without full chain download
September

Mainnet Release

  • GUI for smart contract interaction in wallet
  • GUI may not be perfect but will be improved over time
  • Stable RPC layer for developers
November

Qtum Integration and API Release

  • APIs for interaction with smart contracts for Javascript, iOS (Objective-C/Swift), and Android (Java)
  • APIs will be developed in open source process
  • Release Qloha, a WeChat wallet for mobile use
  • Release SpringMail, email integration for Qtum
  • Smart contract lifecycle management
2018 and beyond

Extending Qtum for the future

  • Each extension will be formally evaluated and timeframe determined, with community input guiding priorities
  • Adding new features and power to the Qtum AAL
  • First Class Oracles - Native Oracle support on the blockchain beyond standard smart contracts
  • Support community projects built on Qtum

New VM implementations on Qtum

  • Adding new VMs beyond EVM
  • eSML, a new smart contract language with formal verification
CROWDSALE PARTNERS
What is
Qtum?
Qtum is a hybrid blockchain application platform. Qtum’s core technology combines a fork of bitcoin core, an Account Abstraction Layer allowing for multiple Virtual Machines including the Ethereum Virtual Machine (EVM) and Proof-of-Stake consensus aimed at tackling industry use cases.
“The blockchain community and business world have been running alongside each other in parallel, and I think Qtum is where they meet.”
– Bo Shen Managing Partner at Fenbushi Capital
All in all, I believe them to be the best team out of China and Asia.
– Anthony Di Iorio, founder of Ethereum
Qtum is definitely one of the projects everyone should be keeping their eye on.
– Roger Ver, World’s First Major Investor in Bitcoin Startups
Founders

Patrick

members.1.description

Neil

members.2.description

Jordan

members.3.description

Backers

Xiaolai Li

Chinese Angel Investor

Weixing Chen

Founder of KuaiDi

Xu Star

CEO at OKCoin

David Lee Kuo Chuen

Founder of Left Coast, Libai
and Dlee Capital Management

Bo Shen

Advocate/Advisor
at FenBuShi Capital

Jehan Chu

Jen Advisors
Ethereum Hong Kong Meetup

Qingzhong Gao

Director of HuaWei
Strategic Cooperation

Lihua Yi

Partner at ZhongWo Investment

Jeremy Gardner

Cofounder of Augur
EIR at Blockchain Capital

Anthony Di Iorio

Founder of Ethereum
CEO at JAXX Wallet

Roger Ver

First Major Investor in Bitcoin Startups

Matthew Roszak

Co-Founder of Bloq, Founding Partner Tally Capital

Qtum Crowdsale Details
1. What is the Qtum Token (QTUM)?
QTUMs are cryptographic software tokens used to engage with distributed applications (“dApps”) and smart contracts on the Qtum platform. QTUMs will serve as the staking currency of the Qtum blockchain and fuel computational operations performed by the Qtum network.
2. What is the total QTUM supply and initial distribution?
With the setting of Qtum’s Genesis Block, one hundred million (100,000,000) QTUMs will be created as Qtum’s total token supply, on top of which ~1% annual Proof of Stake (PoS) inflation will be added.
The QTUM token supply will be allocated as follows:
  • 51% of Qtum tokens (51,000,000) will be distributed through the crowdsale
    51 million QTUMs will be available for acquisition during the crowdsale. The funds raised this way will be used to bankroll the operations of the Qtum Foundation for the next four years. This includes development, administration, marketing, financial and legal consultancy, etc. Remaining, unsold tokens from the crowdsale budget will be sold privately to institutional investors.
  • 20% of Qtum tokens (20,000,000 QTUM) will be distributed among founders, early backers and the development team
    Founders, early backers and the development team are rewarded with Qtum tokens for their efforts, resources, and technologies contributed to the development of the Qtum blockchain.
    • 7% - 8% of Qtum tokens will be allocated to early backers and investors. Qtum received over 1 million US dollars from 32 early investors, including a host of notable blockchain entrepreneurs (see below). Additional early investors will be disclosed at a later stage.
      • Anthony Di Iorio, Co-founder of Ethereum and CEO at JAXX Wallet
      • Roger Ver, World’s first major investor in bitcoin startups
      • Weixing Chen, Founder of Kuaidi
      • Jeremy Gardner, Co-founder of Augur EIR at Blockchain Capital
      • David Lee Kuo Chuen, Founder of Left Coast, Libai and Dlee Capital Management
      • Bo Shen, Fenbushi Capital managing partner
      • Jehan Chu, Jen Advisors Ethereum Hong Kong Meetup
      • Qingzhong Gao, Director of HuaWei Strategic Cooperation
      • Star Xu, CEO of OKCoin
      • Lihua Yi, Partner at ZhongWo Investment
      • Xiaolai Li, Chinese Angel Investor
    • 12% - 13% of Qtum tokens will be allocate to founders and the development team.
  • 29% of Qtum tokens (29,000,000 QTUM) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion
    During the next four years, the Qtum foundation will allocate 29% of the initial QTUM supply to third parties promoting the application and growth of the Qtum ecosystem. This budget will be held in publically viewable wallets and subjected to community scrutiny. Potential surpluses arising from this activity will be redistributed among Qtum token and stakeholders.
    • Business development (20%)

      In order to incentivize the adoption of Qtum technology and to promote the development of early decentralized applications, 20% of the total initial QTUM supply will be dedicated to selected industries and projects. This includes funding of strategic planning, project support and coin swaps as detailed below.

      • 10% - half of the business development fund (10,000,000 Qtum tokens) will be used to facilitate the adoption of the Qtum blockchain in ten selected industries such as financial services, supply chain management, social media, online gaming, Internet of Things (IoT) and so forth. Qtum will reward selected DApps developed on the Qtum blockchain in proportion to their actual user base.
      • 10% - (10,000,000 Qtum tokens) will be used for the coin swaps. The Foundation will exchange Qtum tokens with crypto-tokens of other blockchain open source ecosystems, as well as app coins from dApps developed on the Qtum blockchain. The crypto-tokens and app coins acquired this way will be distributed among Qtum token and stakeholders.
    • Academic research, education, and market expansion (9%)

      9% of Qtum’s initial token supply will be used to sponsor academic research, educational materials for developers, as well as promotion of Qtum technologies and contributions to open source communities. Some of the planned activities include:

      • Establishing research labs in cooperation with high profile universities
      • Creating tutorials and educational materials for Qtum developers
      • Cooperation with other open source communities such as Linux, JavaScript, Docker, Php
      • Events and conferences to raise the awareness of the Qtum technology and facilitate market adoption
3. When does the Crowdsale take place?
The Qtum Crowdsale will start at 12PM GMT, March 16th, 2017 and end at 12PM GMT, April 15th, 2017 (after 30 days) or when all 51 million Qtum tokens are sold.
4. What crypto-currencies are accepted in the crowdsale?
During the crowdsale QTUMs are sold against Bitcoin (BTC) and Ether (ETH).
5. What is the price of Qtum tokens? What bonuses can I receive?
The Qtum crowdsale includes four price tiers, lasting one week each, as well as an early bird bonus phase as detailed below (all times in GMT).
6. How can I participate?
The Qtum Crowdsale will be facilitated on selected online crypto-currency exchanges and crowdfunding portals. You can participate via any of the following venues:
7. How are the funds secured?
All funds collected during this sale will be deposited in secured multi-sig wallets. Keys to said wallets will be held by several officers and executives of the Qtum Foundations, making it so that all outgoing transaction have to be verified by multiple parties.