What is QTUM coin? Information, Price & Outlook for Qtum

What is QTUM?

Qtum is a platform aiming to become the public blockchain for businesses. Offering compatibility with established blockchains and a mobile friendly ecosystem. 

Pros:

• The Qtum platform is already used for interesting dApps like Bodhi (BOT) and INK (INK).
• It’s likely still undervalued considering it’s current status and the fact it can leverage Ethereum developments.
• It’s well marketed and has a strong team.

Cons:

• It is a massively competitive market for platforms vying for enterprise customers.
• There is a lot of turmoil in the market and every platform could face upheaval when factoring in demands set by regulations across multiple countries if decentralised networks cross borders.

Official Videos:

Comparison:

• Ethereum: Ethereum is a major platform allowing developers to build decentralized apps on its blockchain technology. The same is true for Lisk, Nuls, Stratis et al.

Competitors:

• NEO
• LISK
• NULS
• Neblio

2018 Market Outlook:

Value as of March 10th 2018 -  $19.45  

"Do you have a 2018 Market Prediction for QTUM? Tell us in the comments"   

Intelligentsia:

• Founder, Patrick Dai, worked on Alibaba.
• Advisor, Matthew Roszak, founding partner of Tally Capital and co-founder of Bloq.
• Anthony Di Iorio, founder of Ethereum and CEO at JAXX Wallet.

Milestones:

• January 2017, $1m USD Seed Round funding.
• March 2017, $15.6m USD raised in Initial Coin Offering (ICO).
• September 2017, Qtum went live.  
• November 2017, Dennis Jia, launches CFUN Project on the Qtum Blockchain.
• February 2018, Qtum launches first satellite node in partnership with SpaceChain.  
• February 2018, Digital Advertising Blockchain DATx launches with Qtum. 

Roadmap:

 There are no dates on the Qtum roadmap but some of the goals for 2018 include:

• X86 Virtual Machine added to mainnet.
• Multiple Wallet support
• Ledger Nano support
• Qtum API and SDK
• dApp store.

Supply:

• Market Cap: $1,438,271,392 USD  
• 24 Hours Volume: $132,166,000 USD 
• Circulating Supply: 73,938,752 QTUM 
• Total Supply: 100,438,752 QTUM 

Function:

• Qtum is a hybrid platform, combining the core of Bitcoin with the Ethereum Virtual Machine. Giving developers a familiar foundation.  
• Developments built by Bitcoin or Ethereum communities can be ported over to Qtum.
• The Qtum team is focused on smart contracts for business applications. Thus giving legacy organizations the opportunity to move to blockchain.
• Qtum also connects to APIs, also known as oracles that grant access to smart contract information via external devices, such as mobile.
• Qtum also uses proof-of-stake rather than proof-of-work.

Usage:

• You can earn Qtum by staking. To stake you need to setup a Qtum wallet and transact Qtum for it to mature on the network.
• The platform has already been used to build:
  • SpaceChain: An open-source satellite network offering an alternate medium for data transmission, storage and development.
  • Medibloc: Utilizes the Qtum blockchain technology to make medical records secure.
  • Energo: An energy trading platform which connects energy consumers with producers in a local area smart grid.  

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