Holding QNT is not owning Quant shares
QNT is a utility token. It gives no shares, dividends or vote in the company.
1The link
Quant's revenue reaches the token only as demand: licence fees become locked QNT, and Fusion fees are paid in QNT. 1
Quant: "longer and bigger QNT lockups would be beneficial for the QNT market price." 1
2No claim on profits
QNT gives no claim on Quant's profits. Its link to Quant is demand for the token.
3Why banks deal with Quant directly
Banks need a named supplier under contract. Gilbert Verdian: "When something goes wrong, the company needs to hold a provider accountable." 2
Notes (2)
- Overledger Network for Community, v1.0. Quant Network, 30 Jun 2020 (community channel PDF). PDF, 741 KB · Source entry
- Gilbert Verdian, community AMA, 25 Mar 2019 (community transcript, PDF). PDF, 334 KB · Source entry