About Quant (QNT)
QNT is the native token of Quant Network. The Quant Network’s flagship product is the Overledger API, which allows for a single interface to interact with multiple blockchains. Overledger is meant to simplify the complexity of blockchains through a single gateway. It currently supports public blockchains like Bitcoin, Ethereum and Ripple as well as several permissioned chains.
QNT is an ERC-20-compliant token compatible with the Ethereum network. It is the utility token for the Quant Network Protocol and can be used as a payment method for network resources as well as for staking/locking and licensing fees.
QNT is used to sign and verify transactions across chains through the Overledger API. Every client, developer and application validates each transaction using their QNT tokens and no transaction can flow through Overledger without being validated with QNT tokens.
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