INTRODUCTION

We are thrilled to write an article about Qtum Ecosystem as a cryptocurrency enthusiast, and we know that you are also interested in what the Qtum project is all about.

WHAT IS QTUM?

Qtum is a decentralised Blockchain application platform capable of running Smart Contracts on multiple virtual machine with Proof-of-Stake consensus.

WHAT ARE THE KEY FEATURES OF QTUM BLOCKCHAIN

• ETHEREUM VIRTUAL MACHINE — QTUM smart contracts uses Ethereum Virtual Machine (EVM) which was designed to work with an account that holds the wallet's balance.
• UTXO MODEL — manage the balance of a wallet as any number of individual transactions
• ACCOUNT ABSTRACTION LAYER — present single balance account that allows easier smart contract operation and code reuse from Ethereum smart contracts. AAL is is fairly complex and enables the addition of new virtual machines.
• UNITA BLOCKCHAIN — it is previously known as QTUM ENTERPRISE and QTUMX, is a private blockachain for businesses. It is based on QTUM MAINNET code modified to use permissioned Proof-of-Authority consensus. UNITA is very fast with 10-second blocks spacing 

QTUM SUPPORTED WALLETS

🔸QTUM ANDROID APP a professional and secured mobile wallet, allows users to to manage their assets on the QTUM Blockchain and view digital assets and transaction records in real time 

🔸WEB WALLET here users are able to generate their wallets. When you got to click a phishing link and you get hacked, you cannot recover your assert. QTUM doesn't store your private key so you have the full control for the safety of your web wallet. QTUM Web Wallet now provides offline staking address delegation capability

🔸Trezor Wallet the safe place for over 1,000 cryptocurrency coins

🔸Ledger Wallet this wallet is designed with the highest security standard

QTUM DEFI INCENTIVE PROGRAM

QTUM CHAIN FOUNDATION launched the QTUM BLOCKACHAIN MAINNET in September 2017. It was the first smart contract platform based in the same UTXO model a BITCOIN. QTUM Foundation launched multi million dollar DEFI INCENTIVE PROGRAM 

🔹The reward for a single development team is $25,000—$50,000  US DOLLARS

🔹$1,000,000 USD was allocated as a total reward for the program

🔹Incentive Plan funds is $1,000,000 USD ( and can be raise up to $5,000,000 USD depending on the community support for and project permitting) 

CRITERIA FOR THE PROGRAM

1. Familiar with Solidarity and Smart Contract development

2. Understand the operating principle and technical characteristics of QTUM blockchain

3. Possess unique knowledge and insights on DEFI applications and the ability to build and deploy them on QTUM BLOCKACHAIN

APPLICATION REQUIREMENTS

♦ Project Name

♦️ Project white paper, development code,or project proposal (in PDF FORM)

♦️ Project Leader

♦️ Team GitHub Usernames

♦️ Email

♦️ LinkedIn Profile Link

QTUM STAKE-A-THON

The QTUM Testnet Offline Staking starts last July 25 and lasted August 24, 2020. On August 28, 2020 the QTUM Mainnet will be coming with a hard fork at block 680,000. Mainnet staking wallet should be updated to 0.19.0 version

QTUM BOUNTY PLAN

🔹Browser Optimization—users who apply will get a reward of 100 QTUM just to optimize a browser

🔹Electrum Wallet Optimization—users will get 100 QTUM reward for this bounty 

🔹Web Wallet Optimization—will 100 QTUM as reward to users who will optimize their wallet

🔹Translation Bounty—will bring 50 QTUM reward  to someone who can submit multilingual optimization

🔹 Document Bounty—user will bag 50 QTUM for documentation optimization

🔹 Online Course Making—user will be rewarded 50 QTUM for this optimization plan

QTUM BUSINESS PARTNERS

• Baofeng —the Chinese video portal giant
• Amazon Web Services —a subsidiary of Amazon providing on-demand cloud computing platforms
• Celer Network —an internet-scale, trust-free, and privacy-preserving platform on top of existing and future blockachains
• Google Cloud —a suite of cloud computing services that runs on the same infrastructure that Google uses internally for its end-user products
• 360 Finance —a subsidiary of Qihoo 360, a leading Chinese cyber security company

QTUM CORE TEAM

QTUM PROJECT is composed of of some intelligent and most notable Blockchain players, traditional venture capitalists and executives from China's largest technology company

🔸Patrick Dai —is the founder of QTUM, graduated from Draper University. Previously employed at Alibaba, and committed to the blockchain technology

🔸Neil Magi —software developer for 20 years and has 4 years experience in blockchain space

🔸Jordan Earls —well-known member of the cryptocurrency community and has been developing software since he was thirteen. He was a Co-Founder and Lead Developer of Qtum

🔸Miguel Palencia —he develop block explorers & mining pools among many proof of concepts blockchain platforms & tools over the years

🔸Yi Lyu —graduated from Renmin University of China with the Master of Laws

🔸Yunqi "Caspal" Ouyang —web developer and has worked with Baidu

🔸Stella Kung —is the Chief Marketing Officer

They are just the few members of the QTUM CORE TEAM that works hard for Qtum Ecosystem to bring to the people a good and efficient QTUM product. 

QTUM FINANCIAL SUMMARY

➡️ December 19,2018 QTUM raised $17M in funding over 5 rounds from a Grant round. QTUM have 13 investor along with Asian Cowboy & Hashed

➡️ QTUM has also investments including DREP FOUNDATION 

➡️ QTUM Initial Coin Offering raised $15M last March 17,2017 

➡️ During SEED ROUND FUNDING, QTUM raised $1M on this event 

➡️ QTUM awards $400K Grants to Columbia University Research team for Smart Contracts R&D

QTUM INVESTORS

Many people gets interest on QTUM PROJECT & invested on it. They have seen much potential on the project that pushed them to invest their money. Few are listed below

🛄 Asian Cowboy

🛄 Hashed

🛄 Distributed Global

🛄 Eden Block

🛄 Bo Shen

🛄 Tally Capital 

🛄 Jeremy Gardner

🛄 Jason Fang

🛄 Matthew Roszak

They are those people who puts trust to QTUM Project and becomes part of it as an investors

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IMPORTANT REMINDER:

"We deliver the news article base on our own thorough research. We want to preserved some important information regarding with the project that are presented in our column. We value our reader's opinion and we thank you for your valued respect to us.We also don't advice our readers to invest. As we always say " Invest at your own risk and only invest what you an afford to lose ".