What is Quantfury Token

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About Quantfury Token

Key Points

  • QTF token represents the Quantfury trading platform’s economy and business model.
  • Token holders share ownership of the platform’s spread revenues.
  • QTF tokens earn the average spread value between the bid and ask prices for all trade positions closed by Quantfury app users on a monthly basis.

Quantfury Platform

  • Available on App Store and Google Play globally (excluding the United States and Canada) since December 2018.
  • User base from over 100 countries.
  • Daily average trading volume of over $500,000,000.

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Introducing the Quantfury Token: Empowering the Future of Trading

Introducing Quantfury Token (QTF): A Revolutionary Cryptocurrency

The QTF token embodies the economic backbone of the Quantfury trading platform and its business model, empowering token holders to partake in the platform’s spread revenue streams. By holding QTF tokens, investors can tap into the average spread value between the bid and ask prices for all trade positions settled by Quantfury app users on a monthly basis.

Introducing Quantfury, a revolutionary brokerage paradigm, globally accessible on the App Store and Google Play (excluding the United States and Canada) since December 2018. With a diverse user base spanning over 100 countries, the platform boasts an impressive daily average trading volume exceeding $500,000,000. The Quantfury app empowers users to seamlessly trade and invest in stocks, crypto pairs, index, and commodity futures contracts, mirroring the real-time spot prices of global and crypto exchanges, all without incurring any fees whatsoever.

What Sets the Quantfury Token (QTF) Apart?

In June 2019, the QTF token was successfully launched on the Ethereum blockchain, emerging as one of the pioneering tokens in the DeFi space, which subsequently sparked a market boom in retail investor trading globally.

The QTF token holders enjoy shared ownership and proportional entitlements to the Quantfury Data Token (QDT). With each trade position closure within the Quantfury app, a QDT token is generated, representing the average spread value between the bid and ask prices for all trade positions closed by Quantfury trading app users during a particular calendar month. On a monthly basis, QDT tokens are proportionally allocated among QTF token holders and subsequently sold back through the smart contract for ETH, with the proceeds being burned. By virtue of holding QTF, token holders have been accruing a proportional share of spread revenues based on all trades executed within the Quantfury app every month since June 2019.

For far too long, global brokerages have been exploiting their users with manipulated market prices and exorbitant fees. The Quantfury app and QTF token revolutionize this opaque business model, rendering it transparent, equitable, and shareable.

Associated Resources

  1. “Fintech Firm Unveils Revolutionary App, Enabling Crypto Owners to Trade Across All Markets, Completely Fee-Free”, Cointelegraph

  2. “Quantfury Expands Offerings with Dash Integration, Empowering Holders to Seamlessly Trade Crypto, Currencies, Stocks, and Commodities”, Dashnews

  3. “Unlock a World of Trading Opportunities with Qtum on Quantfury, Accessing Stocks, Bonds, ETFs, and More”, Qtum Blog

“Pioneering Fintech Company Unveils Innovative App Enabling Crypto Enthusiasts to Seamlessly Trade Across All Markets, Completely Fee-Free”, Cointelegraph

“Quantfury Expands Offerings with Dash, Empowering Holders to Seamlessly Trade Cryptocurrencies, Fiat Currencies, Stocks, and Commodities,” Dashnews

“Leverage Qtum to Access a World of Trading Opportunities: Stocks, Bonds, ETFs, and Beyond with Quantfury”, Qtum Blog

The Circulating Supply of Quantfury Token (QTF): An Overview

A fixed supply of 100,000,000 QTF tokens has been established, with 10,000,000 tokens currently in circulation. In a limited private sale that took place between May and June 2019, the Company sold approximately 5,000,000 QTF tokens to a select group of 100 private investors, who, as of January 2021, had collectively generated $1.4 million in spread revenues. The remaining 5,000,000 QTF tokens in circulation are held by Quantfury.

The Security Architecture of the Quantfury Token (QTF) Network

QTF, an ERC-20 token, can be securely stored and managed via the Ethereum app on the Ledger Nano X/S hardware wallet, ensuring the utmost protection for users’ tokens.

In Which Exchanges Can You Acquire the Quantfury Token (QTF)?

As of this writing, the Quantfury Token (QTF) is currently available for purchase, sale, and trade on the Uniswap platform.

Meet the Visionaries Behind Quantfury

Founded in 2017, Quantfury was established by Lev Mazur and a team of seasoned financial industry professionals, boasting a collective 100+ years of experience in financial markets and product development. The founding team comprises, among others, Alexander Kalenkov, a seasoned financial technology expert with over 20 years of senior banking experience, and Roman Kashcheev, who plays a pivotal role in overseeing the Company’s platform. The Company’s senior leadership also includes Luke Brindle, who brings over 20 years of hedge fund and financial markets expertise to the table.

Notable early investors and advisors include Invictus Hyperion Fund, a preeminent blockchain venture capital firm, and Pourdad Capital Partners, a pioneering fintech investment firm. Daniel Schwartzkopff, CEO of Invictus Capital, has provided invaluable guidance to Quantfury since its inception and remains instrumental in its ongoing success. Furthermore, Ali Pourdad, a seasoned Canadian Chartered Accountant, plays an integral role in Quantfury’s daily operations, focusing on strategic development and leadership.

Our global team comprises over 100 seasoned financial and technology experts, operating across six countries worldwide, with diverse skill sets and expertise.

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