Quadrant is the blockchain based protocol enabling the access, creation, and distribution of the data products and services along with the authenticity and provenance from the core of the service. The data economy is still similar to space, unmapped and chaotic Quadrant also serves as the blueprint providing the organized system by the utilization of decentralized data. The eQuad tokens are the placeholders tokens which are only sold during the Token Generation Event. The event will contribute in the garnered to be locked initially to make transferrable over the courses. The tokens will be allocated in different sectors as per the distribution system of Quadrant protocol. This is intended by the assurance of the long-term success of the network by instilling for over-expenditure in initial years.
Operations and Security
During the token allocation, 25% of tokens will be allocated for daily operations, running of nodes, network security along with the security of constellations on the network.
Legal, Accounting, and Compliance
5% of tokens will be allocated for the assurance of the frameworks which are in place for the data licensing all the accounting and compliance which has been done correctly.
Treasury
The remaining 5% tokens will be allocated for smoothening the running of the system with the assurance of the situation where none shuts out and uses the services due to the unavailability of tokens.
Risks
By the acknowledgment and agreement from the token holders, the network system ensures the system to be safe from the numerous risks associated by the purchase of eQuad, holding eQuad and by the usage of eQuad to participate in the Quadrant network. This lets the system to have a proper backup even in the worst scenario that could lead to the loss of all or some part of the eQuad that has already been purchased.
Uncertain Regulations
The eQuad regulatory status and the distributed ledger technology are not clear and not have settled in the jurisdictions. The regulation of virtual currencies has already become a primary target for the regulation in all the major countries to this world. It is close to impossible for making a prediction whether the regulatory agencies that may apply for the existing regulations in creating new regulations in respect to such technology and its applications. This will include the eQuad tokens for Quadrant network. the regulatory actions could have a negative impact on eQuad for the Quadrant Network in multiple possible ways.
Enforcement Actions
The company or the affiliates may cease the operations for the jurisdiction of the event in the regulatory actions by the charges to law or regulations. This would be illegal to operate in such jurisdiction or commercially undesirable by obtaining the necessary regulatory approvals for operating through the jurisdiction. This will consult with wide ranges of legal advisors along with the continual analysis of the development and legal structure for the virtual currencies. The company will apply a cautious approach towards the sale of eQuad tokens. The company may need to have a constant adjust for the token sale to adjust the sale strategy in order to avoid the relevant legal risks as much as it is possible.
Quadrant has meant for getting to the bottom of any problems that will endow with the blueprints for mapping in, unlike data sources. The data vendors will have the enticement for the generation of the inventive Constellations having a unique and transparent ecosystem. This will also offer a pledge to the companies for receiving the legitimacy of data as desired.
Website : https://www.quadrantprotocol.com/
Telegram : https://t.me/quadrantprotocol
Ann Thread : https://bitcointalk.org/index.php?topic=3676988.0