Quant (QNT) is the ERC-20 utility token of Quant Network, a UK-based blockchain technology company founded by Gilbert Verdian in 2018, and the access key to Overledger OS — a blockchain operating system that provides a universal interoperability layer allowing applications, enterprises, and developers to build and interact with multiple distributed ledger technologies (DLTs) simultaneously from a single API, without being locked into a specific blockchain. QNT must be held by anyone licensing Overledger’s services.
| Stat | Value |
|---|---|
| Ticker | QNT |
| Price | $74.70 |
| Market Cap | $1.09B |
| 24h Change | +1.2% |
| Circulating Supply | 14.54M QNT |
| Max Supply | 14.61M QNT |
| All-Time High | $427.42 |
| Contract (Ethereum) | 0x4a22...4675 |
| Contract (Energi) | 0x462b...4965 |
How It Works
- Overledger OS — Overledger is a middleware/API platform that abstracts the complexity of different blockchains (Ethereum, Bitcoin, Hyperledger Fabric, Quorum, R3 Corda, etc.) behind a unified interface. Developers write once, deploy across multiple ledgers.
- Treasury licensing model — Developers and enterprises who use Overledger must hold QNT equivalent to their license tier in a Quant treasury on-chain. This removes QNT from circulating supply and creates holding demand proportional to platform adoption.
- mDApps — Multi-distributed Ledger Applications that run simultaneously across multiple blockchains — enabled by Overledger.
- Financial institutions — Quant Network focuses on the financial services sector. Major banks and payment providers use Overledger for CBDC research, tokenized assets, and cross-chain settlement.
- CBDC infrastructure — Quant Network has been involved in central bank digital currency (CBDC) pilots including the UK’s Project Rosalind (Project Rosalind operated with the BIS Innovation Hub), demonstrating interoperability for CBDC programmability.
Tokenomics
| Parameter | Value |
|---|---|
| Ticker | QNT |
| Chain | Ethereum (ERC-20) |
| Contract | 0x4a220e6096b25eadb88358cb44068a3248254675 |
| Max Supply | 14,612,493 (~14.6 million — very scarce) |
| Launch | June 6, 2018 (ICO) |
| Distribution | Team, foundation, ICO, advisors |
| Holding requirement | Overledger licensees must hold QNT in treasury |
Use Cases
- Overledger licensing — Hold QNT to access Overledger enterprise interoperability APIs.
- Enterprise blockchain integration — Connect private and public blockchains for financial institutions.
- CBDC development — Central bank digital currency research and pilot programs.
- mDApp development — Build applications that span multiple blockchains simultaneously.
History
- 2017 — Gilbert Verdian (ex-cybersecurity executive, COO of various banks and government roles) conceptualizes Overledger. Co-founders include Colin Paterson and Paolo Tasca.
- 2018-06-06 — QNT ICO on various platforms. Quant Network raises funds to develop Overledger. Very small token supply (~14.6M) creates inherent scarcity.
- 2019 — Overledger 1.0 releases. Quant Network starts engaging banks and financial institutions.
- 2020 — Quant becomes the first blockchain company to be registered as a technology provider with the Bank of England.
- 2021 — QNT enters top 50 by market cap. Enterprise adoption narrative drives demand. QNT reaches all-time high of ~$428 in September 2021.
- 2022 — Quant involved in Project Rosalind (BIS Innovation Hub + Bank of England) — a CBDC API layer research project. Bear market reduces QNT from ATH.
- 2023 — Project Rosalind completes. Multiple central bank engagements. QNT retains high per-token value due to scarce supply.
- 2024 — Continued enterprise adoption discussions. QNT often cited as an institutional/enterprise-focused crypto asset due to financial sector partnerships.
Common Misconceptions
“Quant is building a competing blockchain.”
Quant Network does NOT operate its own blockchain. It builds technology ON TOP of existing blockchains to make them interoperable. Overledger is a middleware layer.
“14.6 million QNT means it’s inherently valuable.”
Scarcity alone doesn’t determine value — utility demand does. QNT’s model requires active Overledger users to hold tokens in treasury. If adoption grows, locked QNT reduces circulating supply further.
Social Media Sentiment
QNT has one of the most consistently positive community sentiments among enterprise-focused crypto projects, driven by Gilbert Verdian’s visible industry credentials and genuine banking sector engagement. The CBDC narrative (central banks experimenting with Overledger-connected systems) resonates strongly with institutional-focused investors. Critics note that enterprise blockchain sales cycles are long and opaque, making near-term adoption hard to verify.
Last updated: 2026-04