Quadrant Token Sale and Acceptance Proces

in #blockchain7 years ago

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The blockchain networks are on point currently and many of them are improvising new technologies to make sure the clients get the proper service. Quadrant is the name of a blockchain-based protocol enabling the access for the creation and distribution of data products and services. It makes sure the authenticity at its core. The data economy is similar in the space when it is unmapped and chaotic.

eQuad Token Sale

Like other blockchain companies, Quadrant also releases tokens in order make the investment process encourage among the clients. All of them will be sold during the public sale event. There will be $20 million UD for a hard cap and for soft cap, there will be $3 million USD. All the tokens should be bought in ETH and the prices will $0.05USD is equivalent to 1 eQuad. The ETH will be pegged the day before the sale. During whitelisting process the participants can participate in the buying process of the eQuad token.

Citizens of United States of America, Canada, New Zealand, People’s Republic of China and the Republic of Korea or the participants may fail in passing successfully needs to check KYC/AML before participating in the sale. The unsold eQuad will hold the reserve for the future tokens sale. This will hold no sooner than 2 years after the close of the Public Sale. There will be 1,000,000,000 eQuad for supply and it will be distributed like 40% for the crowd-sale, 20% will be for the company, 20% will be for the stakeholders, 10% will be in the reserve and the rest 10% will be reserved for the team. The token type is ERC-20.

Acceptance of eQuad

The eQuad is a non-refundable token and it cannot be exchanged for the cash or anything equivalent to the value of any other virtual currency. It has some obligation to the payment for the company of any other affiliation. It cannot be represented or conferred on the token holder for any such form in respect to the company or its affiliates. The revenues or assets will include the limitation in every right to receive the future dividends, revenue, shares, ownership right or stake or security, any sort of voting facilities, distribution, redemption, liquidation, proprietary that includes the forms of intellectual property or any other financial or legal rights which might be equivalent to other rights or intellectual property rights in any other form of participation in or related to the Quadrant network. Even the company and the distributors can take the benefits of the service providers.

Intentions

The token distribution process has no intention to represent any rights under the contract for differences and should not be under any other contracts with the purpose to pretend to secure the profit for avoiding the incurred loss. It is also not should be intended the representation of money that includes the electric money to the security, commodity, bond, debt instrument or any other kind of financial instrument or investment. The loan to the company or any other affiliates has absolutely no intention represent the debt owed by the company or any of the affiliates. There will be no expectation for raising profit and it will not provide the token holders for any such ownership or other interest in the company or any of the affiliates.

Quadrant services by following the way of blueprints as it will provide the organized system for the utilization of decentralized data.

Website : https://www.quadrantprotocol.com/
Telegram : https://t.me/quadrantprotocol
Ann Thread : https://bitcointalk.org/index.php?topic=3676988.0