QUANT NETWORK AMA: 05 NOV 2018

Q U E S T I O N (S)

A N S W E R (S)

Q U E S T I O N (S)  &  A N S W E R (S)

HIGHLIGHTS ARE MARKED WITH BLUE STRIPES

Question(s):

Q: How are the tokenomics going so far? I know you are working on with lawyers, economics etc. Will it be revealed at QuantX? And are you concidering a dual token economy? Thnx. keep up good work.

Answer(s):

Q1. We are indeed still working on Tokenomics , we have engaged a specialist in this area to help us. May not be in time for Quant X

Question(s):

Question for AMA. Presuming overledger will be used by other companies under their own brand. Will Qnt be required to access the product.

Answer(s):

Q.2 The answer is yes, we have as part of Overledger produced what in essence is a licence checker as I am sure some of you are aware. This does open up some pretty interesting oppurtunities with Quant, as I am sure you are all cognisant of that large tech companies are moving away from old licencing models to subscription due to difficulties of licence management, we have developed a way with Quanty to make sure that licences are individual and managed.

Question(s):

@duncal question for the AMA. Thanks Regarding working with partners who offer your technology to their customers. Could you clarify whether it would be possible for a partner to use your technology / patent but present it as if it was created by themselves? If this is possible and a company then uses your technology they would normally pay a royalty fee. If they use your patent but design their own "Overledger OS" API solution and their own App store but still utilising your patent / technology will QNT tokens still be required in those scenarios?

Answer(s):

Q.3 Partners may use patent to non DLT related tech for instance Trust Tag could be applied to lots of different tech. We are not seeking to licence at present

Q.4, Local use of the BPI even under licence would require token ownership

Question(s):

"What would you say is the primary limitation of overledger?"

Answer(s):

Hmm. primary limitation thats an interesting one, guess with DLT's being constantly released that creating connectors (or in my head on and off ramps) is a challenge, that is why we will be opening up the design pattern so everyone can create whichever they like.

Question(s):

AMA: what are your plans for making the QuantX content available, both during and after the event? (Videos, slides, announcements etc).

Answer(s):

Plans for Quant X, Slides will be available and we will be recording for our channels , believe Loucineh is trying to organise live stream but has not confirmed .

Question(s):

AMA: which sector is showing the most promise, in terms of new client interest? (Health, banking, others?)

Answer(s):

Sector specific is interesting one I am focussed on the tech and take a more agnostic approach, we will as part of future releases be producing standard patterns with solve common problems accross sectors.

Question(s):

my question, I know a lot of people want to know, we are all excited about Quantx, I know was said 2-3 cex before end year, and aim was to have a bank announcement in around end oct or after...,,,,,,,Q/ will we get either a CEX BEFORE Quantx or a bank announcement before Quantx? or both after? it's fine if after or that's the plan. be grateful if we can get a simple yes or no on both possibilities . keep up the great work

Answer(s):

On Bank announcement we are at the whims of the confidentiality agreements etc. Gilbert may have a more up to date answer but from my view I am concentrating on Quant X

On Exchanges believe Gilbert has said an additional 2 by end of year.

Question(s):

AMA: where do you see Quant at the end of 2019? What characteristics, markets, features do you hope to release (beside MApp Store) that perhaps we haven’t heard much about to date?

Answer(s):

Where do I see Quant by the end of 2019 personally from a technical standpoint I would love to have the IP to DLT routing in place in that time frame. But as with everything we will be market driven. So having people think Overledger when they think Blockchain would be amazing.

Question(s):

AMA: is there a release strategy for the locked up team tokens? Is it all at once or drip release? Does the team get rewarded/paid besides the token release?

Answer(s):

Locked token release is something that we will need to think carefully about obviously we will need to be strategic in this.

Question(s):

@quantsupport1 Just an idea for the Dev Group, would it be possible for JP to add some functionality for the Posts he puts in the Quant Dev Forum to be posted directly into the Telegram Dev Group?

Answer(s):

Hi Timmy, Yes I will speak to JP about this sounds like a great idea.

Question(s):

"We don't hear much about Quant Sentry, are you guys seeing good growth potential for this aspect still? Or switching focus into the broader Overledger for now?

Answer(s):

Hi Luke, Quant Sentry will play a significant part in our project roadmap going forward, we have done additional development but we are now holding off concentrating on Overledger.

Question(s):

AMA Q: is Zapier integration now confirmed on your roadmap? Any working dates for readiness, and will this come along with the ‘easy ledger’ concept (simple ledger) that Gilbert mentioned a while ago? (So Apps can pass data into this ledger, a way of starting fast).

Answer(s):

Zapier definetly is on the roadmap. Working dates are to be confirmed.

Question(s):

Hi Colin, thanks for the anwer. But one thing I did not see, are you considering a two-token model, or is this a option or is it already of the table? Thanks.

Answer(s):

SP, The two token model is not something we are activley looking at

Question(s):

As Quant is a business focused company, is there other streams of revenue Quant will be implementing besides Overledger licensing / taking a cut of Mapp fees? I recall Gilbert mentioning consultations for enterprises as another possibility? Can you give us any further details on how exactly you guys will continue to bring in revenue going forward - or is it solely based upon the fee system?

Answer(s):

Hi Luke good question, we are in a great position that we have some pretty amazing people working on the tech as we are hands on everyday at such a low level this means we (our people) would be ideally placed to help integrate overledger into enterprise

Question(s):

can we expect client announcements at Quant X (besides this long awaited bank announcement...)?

Answer(s):

Hi Tyson, Will leave that one to Gilbert but what I will say is anything is possible.

Question(s):

"What is the thinking around integrating/connecting other interoperable blockchain solutions? I know technically they can be integrated if any client wants, but what is the team's opinion on this? Is there any added advantage/disadvantage of connecting an interoperability chain (bridge chain) ?"

Answer(s):

Hi Luke , great point and as I have always said although lots of people see us as being competitors there would be nothing stopping a connector being created for other interoperability platforms. In fact that would make total sense in some instances.

Question(s):

Support1
Hi Luke , great point and as I have always said although lots of people see us as being competitors there would be nothing stopping a connector being created for other interoperability platforms. In fact that would make total sense in some instances.
AMA Follow-on: Hi Colin, is it worth you having a web page specifically listing what connectors are available now (their specs), and what’s in the pipeline, plus “can’t see your requirement - ask for a connector here”. Reason: we can point other projects to this very credible page and they can contact you directly via web form. E.g. $CHX (OWN) are actually writing their own connectors in Q4. What a waste of their time, when they could be using $QNT instead. Thoughts please? 👍

Answer(s):

Robin, we will be building out Overledger.com as a product page for this info

Question(s):

Hi Colin! Great to have you here. I wanted to ask if you are exploring the Decentralised ID space ?

Answer(s):

Hi AJ not at present that is a pretty busy market.

Question(s):

So primarily Trust Tag will be used for Fraud detection ?

Answer(s):

Hi AJ Thats the easier of the use cases , i.e verifying the enterprise to the customer; you know when the bank phones and asks for your D.O.B and you don't want to give it, well TT solves that with GoVerify, that said it's usage in supply chain with a bit of an additional bit of magic will be a game changer

Question(s):

Idk if this can be answered. But do most clients already have QNT token, or will they buy it OTC on the enterprise exchange ?

Answer(s):

Hi SP , clients I suspect don't have them yet . Not many coperates on IDEX 😉

Question(s):

Support1
Hi SP , clients I suspect don't have them yet . Not many coperates on IDEX 😉
Do clients have confidence in being able to acquire QUANT tokens in time for operations to begin? I assume this will be fulfilled by the treasury?

Answer(s):

Quamrade, we are allowing clients to buy from an OTC exchange which will be announced by the end of the year

Question(s):

Not really familiar with OTC, but will OTC trades impact the circulating supply ? @quantsupport1

Answer(s):

Serieus Profits
Not really familiar with OTC, but will OTC trades impact the circulating supply ? @quantsupport1
Over the counter, phone operated exchanges.

Question(s):

Answer(s):

Question(s):

Gilbert had mentioned a possible collaboration in the AI sector? Was this at all further explored? Or set for a further date in the future? If AI is an area of interest, how exactly does Overledger fit into that particluar instance?

Answer(s):

Question(s):

And my last question ? What all other blockchain will be implemented in the connectors?

Answer(s):

AJ ; As per earlier answer we are opensourcing the connector pattern and will be giving a lot of info how to build them so hopefully it will become a a standard part of producing a DLT

Question(s):

How ready do you find potential clients? Are they clear about the usecases they want/ need and overledger fulfils that expressed need, or are you finding the need to educate and cocreate a lot more in terms of the enterprise understanding the potential of the tech?

Answer(s):

K D
How ready do you find potential clients? Are they clear about the usecases they want/ need and overledger fulfils that expressed need, or are you finding the need to educate and cocreate a lot more in terms of the enterprise understanding the potential of the tech?
We are talking to clients everyday, to be honest they are (as you would expect varving maturity) in the space. Some do already have usecases that would work really well on DLTs . Some need a little more hand holding.

Question(s):

Support1
👍
Colin I don't know you did it but you made me feel more Quamfy today

Answer(s):

founding node
Colin I don't know you did it but you made me feel more Quamfy today
🙂

Question(s):

"Any updates on your collaborations within Armenia? Anything exciting coming out of there?"

Answer(s):

Luke
"Any updates on your collaborations within Armenia? Anything exciting coming out of there?"
Not just yet , we are planning to work with them on some of our research projects in the near future though

Question(s):

And we haven't heard from Tasca. What all UCL has planned in store ?

Answer(s):

AJ
And we haven't heard from Tasca. What all UCL has planned in store ?
Hopefully all educational institutions will be using Overledger going forward as part of their teaching tools

Question(s):

Colin, will QuantX mark a start of what you have been working on the last years? Will this be the time that you can show lots of more stuff to the public of all the work that has been done, and everything involved? And will you present as well ?

Answer(s):

Serieus Profits
Colin, will QuantX mark a start of what you have been working on the last years? Will this be the time that you can show lots of more stuff to the public of all the work that has been done, and everything involved? And will you present as well ?
Will be leaving the presenting to Gilbert & JP but there will be a lot there to talk about , and maybe a few easter eggs.

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