FUD me on this

kys

But seriously, what's wrong with this list? Putting aside "talks", can the partnerships be debunked? Lloyds and Mastercard? At first glance that looks pretty good.

Also, why is the Russia thing relevant? Or was this just to drop Gilbert's name as having been present at the London event?

whatever do you mean ?

dont get burned nothing is guaranteed

buy and sell before next major exch

rinse and repeat

moon

qnt

no one is actually going to need an 'overledger'

This shit has been shilled for months now and I haven't seen even one post explaining what it does. It's just partnership announcements from a very shady britbong.

the news is spreading fast

retrace time

they make something called an 'overledger' which is basically just an operating system (like windows) which you can use multiple different blockchains on (like ethereum and neo for instance)
the token is used to buy their product (basically a useless token)

Cryptozombie video just released explains it

youtu.be/vuZ2RlOYzVA

Looking at the Overledger Business Paper:

Quant will be launching a number of revenue streams. We aim to strike a balance between providing the funds needed for further development and keeping an open platform where the whole community can benefit. We believe this business model will lead to the wholesale adoption of our framework (see Section 4).
To that aim, we will:
+ Produce a Quant token (ticker: QNT) which will give access to the Quant Overledger platform for both developers and users of the different MApps.
+ Create a transactional charging mechanism whereby a developer can choose to create free applications, but with the capability of introducing a transactional charge for each application.

The tokens will be dual-purposed, initially used for the token offering, later as an access token to access the Quant network. We envisage the token keys will be embedded in specific applications, using the Quant network to authenticate the user and authorise the use of particular aspects of the network and underlying blockchains. We’re excited to see the possibilities of this approach and what people can create.

Aside from the entry cost, it seems logical to me that if the Overledger platform takes off there would be competition between developers. Wouldn't they undercut each other in regards to the token costs of using their applications? Or am I a brainlet and misunderstanding how this is supposed to work?

Meaning developers undercutting each other = reduced demand for the token.

delete this

!

>What makes it a scam?
everything Quant is building you can build on other chains as dApps.

> if the Overledger platform takes off
that's a big IF
i'd rather see someone trying to optimize the projects and infrastructure people are using already (but that's me).

>What makes it a scam?
>everything Quant is building you can build on other chains as dApps.

A9mWnqac, do you have an answer to this? For comparison, a similar argument could be made about Chainlink - platforms could develop their own oracles where needed.

Yeah because some random fag on Jow Forums knows better than experts who have been in the tech/cybersecurity space for decades, kek

Nice trips guy.
If you have an actual counter arguement I'd love to hear it.

It's not a scam but it IS massively overhyped currently. Most tokens don't need to exist, but this one in particular definitely does not.

It's up massively lately and on a huge roll, but being propped up by ridiuclous buy orders.

It will all end in tears, mark my words.

Overledger is an overlay on top of existing blockchains, it's not an isolated blockchain, so I don't know how dApps have anything to do with it. It wouldn't be blockchain agnostic if it were run via a dApp, which probably isn't even possible...

They already have huge enterprise clients under NDA, so if any interoperability project in the space were to take off, Quant would be the top contender.

screencapped and saged

>but being propped up by ridiuclous buy orders.

What qualifies as 'ridiculous'? $25m marketcap for a project of this caliber is the only thing that seems ridiculous to me. You just sound salty because you missed out, although you still have time to FOMO in before the real rally.

>You just sound salty because you missed out

I assure you, I have more QNT than the rest of this thread put together.

I am just aware of what happens after insane pumps like this. The buy orders are ridiculous because they're a long way below current price and get moved lower when the price does come down.

i.e. they are not "real" buy orders, from people actually hoping to get them filled. Just like a few weeks ago when there was a 1000 eth buy order at about 30% the price at the time. It's just designed to put a rocket under the price and make people buy into the waiting sell orders.

This is basic stuff.

Thanks for explaining, user.

>The buy orders are ridiculous because they're a long way below current price

If you're going to LARP, at least do it right. The QNT order book is bar none the strongest there is on IDEX right now. FUDding on Jow Forums is not going to cause a price drop, you're best suited to just FOMO in and enjoy the ride before it does another +500% 4 weeks from now.

Attached: Screen Shot 2018-10-25 at 11.27.34.png (898x1388, 338K)

>Overledger is an overlay on top of existing blockchains
what does that mean
and how is it decentralised
why do we need an interface os if developers can access blockchains directly throught smart contracts and so.

Maybe I don't understand what they are trying to build.

> how dApps have anything to do with it.
their demo featured this.
>Quant created a Decentralized Amazon running simultaneously across Ethereum, Ripple and Bitcoin powered by Overledger
Aion can do the same
Wanchain too

You picture just proves my point, lol. The 1000s of ETH are nowhere near the current price, they are not "real" orders.

And I can't FOMO in because I am already a majority % in QNT and have been for months. But thanks for the suggestion, noob.
baka

I know Gilbert from Australia and I wouldn't trust him to run with scissors. He takes a lot of credit for the work of others, I'd cast a critical eye over his resume before investing too much money.

bank partnership announcement eom. I reckon sunday

They are building an 'overledger' that allows companies to connect seamlessly between different blockchaind. It's already tested and working. Large companies want access to multiple blockchains with minimal change to their own systems.

>falling for QNT fud
top kek
thanks god I bought at 0.004

>Aside from the entry cost, it seems logical to me that if the Overledger platform takes off there would be competition between developers. Wouldn't they undercut each other in regards to the token costs of using their applications? Or am I a brainlet and misunderstanding how this is supposed to work?

Just bumping my own post, as nobody has really addressed this. Overledger sounds like a great idea, but so does almost every damned project in this space. Realistically, what pressures are there going to be on the token price if adoption is successful? Or does adoption not really matter and you all plan to dump at the top of the next bull run? Honest answers now.

The token does not have a real usecase.
Muh "Developers need QNT to access the network and built applications"

lol

How many developers are there in the world.

The tech is ok (no blockchain lol) but the Token is useless.

Even if enterprise scale adoption does occur, do you expect people here to hold tokens indefinitely? Of course people are going to take profits during the bull run, I know I am.

Doesn't Overledger rely on Amazon AWS for (centralized) data storage and API calls for "interoperability"?

lel

>The token does not have a real usecase
like the rest of crypto...

Gave birth to your greasy burger land

The tech is patented. They'd need to create a better system.
Also Gilbert is the best connected nigger in the entire space.

Us Brits do things better than you burgers, always have done.
What normally happens is you lot copy us and make it worse (think sports and TV shows).

BRITISH HUSTLE

Seriously, the Brits (especially cockneys and scousers) are the most devious scammy fuckers in the world. These bastards learn to be wheeler-dealers from a young age and wouldn't hesitate to scam their granny for a few "bob" (see Del Boy). Forget the Chinese, these limey fuckers can hustle like no other. You have been warned.

Attached: delboy-248x300.jpg (248x300, 18K)

The Office
The Apprentice
Kitchen Nightmares
X Factor
Britains Got Talent
Sherlock Holmes

Probably loads more but I haven’t TV in years

Shameless, Skins and IT Crowd to name a few.
Don't forget sports. We invented Football, Rugby, Cricket, Boxing (queensberry rules) and they get adopted worldwide.
Burger sports are just sports copied from us, renamed and adopted by no one but themselves. American football (Rugby with padding), baseball (rounders), basketball (netball). They even copied the name football and used it for a sport which you use your hands for. Dumb burgers.