Quant

Quant (QNT) is the native token of Quant Network, a London-based project that built Overledger, a blockchain operating system designed to connect multiple, otherwise incompatible blockchains and traditional networks in a single layer. The problem it addresses is interoperability: organisations such as banks, governments, and enterprises that want to use blockchain technology are typically locked into one chain, and Overledger claims to let them build applications that run across several chains simultaneously. The intended users are institutions and developers who need to move data and value across different ledgers without rebuilding their existing infrastructure.

Overledger sits above existing blockchains rather than replacing them, acting as a routing and translation layer between networks. QNT tokens are required to access the Overledger platform, meaning developers and enterprises must hold or spend QNT to obtain licences that unlock API access to the system. The token itself is an ERC-20 asset living on Ethereum, which uses the Ethash proof-of-work consensus algorithm for block production, though Overledger does not produce its own blocks — the stored block time of zero reflects this architecture.

The data stored here does not include a direct fee revenue stream for the protocol, so fee-based yield or revenue measures are not available on this page. QNT's economic design centres on licence fees paid by platform users to hold a certain quantity of tokens, which removes supply from circulation rather than distributing yield to token holders in the way a fee-sharing protocol might. Circulating supply stands at 14,556,178 tokens against a maximum of 14,612,493, meaning 99.61 percent of the total supply has already been issued at this point in time, leaving a dilution overhang of roughly 0.39 percent.