Quantstamp QSP
Report IssueQuantstamp is the first scalable security auditing protocol designed to find vulnerabilities in Ethereum smart contracts.
DetailsFundraising Statistics
Short Review Quantstamp
Crypto project Quantstamp (QSP) is classified as a Security. Quantstamp is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.00 B QSP (Circulating Supply + Tokens yet to be released - Burned Tokens). (65% of total tokens) have been allocated for the public sale.
Quantstamp ICO Overview
Estimated date for the public token sale: 18 November 2017. Quantstamp (QSP) price during the token sale: 0.06 USD. Min/Max Personal Cap: 0.01 ETH / 50 ETH (Первые 8 часов). You can purchase project tokens for ETH
QSP Price Chart
The launch of QSP token trading took place on 21 November 2017.
Fundraising Rounds
Total sold 650.00 M QSP tokens (65.00% of total tokens). Total amount of funds raised by the Quantstamp project is $31.32 M.
Investment Round | Date | Price | Funds Raised |
Initial Coin Offering | November 16, 2017 | $0.048 | $31.32 M |
Quantstamp Investors
Quantstamp Cryptocurrency (QSP)
QSP is a Quantstamp audit system token based on Ethereum smart contract technology. The goal of the project is to ensure the security of smart contracts. Quantstamp provides audit and risk assessment services that help build trust in cryptocurrency, blockchain and the use of smart contracts. The automated audit solutions provided by Quantstamp are cheaper than hiring audit specialists.
Quantstamp uses QSP tokens to reward clients who find bugs and bugs in smart contracts, run verification nodes, and contribute to the software security. Since Quantstamp is based on Ethereum, QSP tokens are ERC-20 compatible.
Quantstamp Project History
Quantstamp was founded by Richard Ma, Stephen Stewart and their team in 2017. Richard Ma drew inspiration for Quantstamp from his personal experience of having a promising cryptocurrency project fail due to a critical security vulnerability (he, like many others, invested in the DAO in 2016). He found passion in creating a future for blockchain with security as a core principle.
Quantstamp (QSP) Benefits
- Enhances stability. Quantstamp plays a unique role Role in the Cryptocurrency Scene: This is a support project vital to the continued spread and adoption of blockchain and smart contract technologies around the world. More trust in a cryptocurrency means more prospects for wider use.
- Powered by Ethereum. This may not seem encouraging at first, but let's see what's behind these words: Quantstamp tokens are compatible with ERC-20, so as long as Ethereum is used, QSP tokens will also be very easy to use. Thanks to the popularity of Ethereum, QSP token holders have a wide selection of cryptocurrency wallets with guides and frequently asked questions on their transfer and storage.
- Partner and investor support. Demand for security and therefore increasing , for Quantstamp audit services, which is supported by QSP investors and sponsors. Companies like Y Combination (which backs AirBnB, Coinbase, Twitch, and others) and Plug and Play (which has invested in PayPal, Dropbox, and SoundHound, among others) have invested in Quantstamp to secure their future. While partnerships with Cardano, OmiseGO, Binance and many others give it credibility and future partnership options.
Disadvantages of Quantstamp (QSP)
- Loss of trust in QSP by its creators. Three years have passed since this news shocked the Quantstamp community, but the wound still seems fresh. In 2018, it became known that the company accepts payment for its audits in other currencies, namely ETH and US dollars. Needless to say, this did nothing to increase token holders' trust in the QSP: what's the point of launching your own token if you don't trust it enough to use it? The price of QSP never recovered from this decline.
- Limited options for using QSP. While the use of QSP is guaranteed since it is a cryptocurrency dedicated to Quantstamp operations, external ways to spend QSP tokens seem limited .