Quant (QNT) Price

Overledger and the interoperability problem

Quant Network was set up in London by Gilbert Verdian, who previously held technology and cybersecurity roles in government in the UK and Australia. Its QNT token was sold in 2018.

The company's core product, Overledger, is an interoperability layer. Instead of building another blockchain, Quant offers software that lets applications read from and write to several distributed ledgers, as well as conventional systems, through a single interface. The target audience is mainly banks, payment companies and public sector bodies exploring tokenised money and assets.

How QNT is used

Organisations and developers using Overledger pay licence and usage fees, and QNT is used to settle them. Under Quant's model, fees paid in fiat are converted into QNT, which is then held for a set period, linking enterprise usage to token demand.

Supply is fixed at 14,612,493 QNT with no mining or staking emissions, which makes QNT relatively scarce in unit terms. There is no staking yield, so holding QNT does not generate additional tokens, and its supply cannot be increased without changing the contract. It is an ERC-20 token, so it lives on Ethereum rather than on a network of its own.

Quant is a private company, and much of its enterprise work happens under commercial agreements, so details of client usage and fees are not always public. That makes it harder for token holders to verify how much QNT is actually being used.

QNT's market profile

Because of its enterprise focus, QNT often reacts to announcements about central bank digital currency trials, tokenised deposit pilots or bank partnerships, while day-to-day crypto trends still dominate overall direction.

The low supply gives QNT a relatively high unit price. Liquidity is moderate, so larger orders can cause noticeable slippage. Because QNT is an ERC-20 token, moving it on Ethereum costs gas paid in ether rather than QNT, which is worth remembering when transferring small amounts.

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