Blockchain Investor Analysis

Qtum

Qtum

QTUM
Current Price $1.78 (-2.47%)
QTUM is smart contract platform that combines some of the best aspects of Bitcoin and Ethereum. It uses Bitcoin's UXTO Model, features from Ethereum's smart contract functionality and a proof-of-stake consensus algorithm. The QTUM token is required to interact with the network.

Our Rating:

Market

Problem that it solves

Qtum is a public blockchain network that combines aspects of Bitcoin and Ethereum to enable businesses to develop scalable blockchain solutions.

Customers

DApp developers and enterprises who want to develop blockchain applications.

Value creation

QTUM is a standard utility token for a smart contract platform. It is valuable for users who want to build on top of the Qtum blockchain.

Market structure

The market for smart contract-powered solutions is small but growing. It's long-term upside potential is substantial.

Market size

The potential market for QTUM is large but manageable. It can handle the girth of the Chinese market, as well as any developers and investors who are attracted to its 'best of both worlds' brand.

Regulatory risks

QTUM benefits from its decentralized governance protocol (DGP), which could help it avoid the ire of regulators. However, a certain degree of regulatory risk remains.

Average Market Score

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Competitive Advantage

Technology/blockchain platform

QTUM uses the Bitcoin blockchain as its foundation, incorporating the UTXO model, and makes use of features from the Ethereum Virtual Machine.

Lead time advantage

The QTUM concept is novel, but they're not the only ones who seek to grab 'the best of both worlds' from competing solutions.

Contacts and networks

QTUM has a solid team of digital asset experts who also have connections with Tencent, Alibaba, and Nasdaq.

Average Competitive Advantage Score

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Management Team

Entrepreneurial Team

QTUM's team has achieved success in other ventures and have kept QTUM afloat for a few years now.

Industry/technical experience

The team has more than enough 'hours' of experience, thanks to their digital asset backgrounds and ongoing work with QTUM.

Integrity

QTUM's Patrick Dai got mixed up in an alleged scam while using a fake name. This sullies the project's reputation.

Average Management Team Score

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Token Mechanics

Token required

Like for all smart contract platforms, a token is necessary to interact with the network.

Value added

The QTUM token doesn't float a new type of value, yet the QTUM concept buoy's its worth.

Decentralized

As what some see as an improved PoS asset, QTUM does a good job of decentralizing its system.

Token supply

The token supply is limited to 100,000,000, but there is also a 1% inflation to accommodate its PoS.

Public exchange

QTUM is available on several of the major exchanges.

MVP

QTUM's mainnet launched in September 2017.

Average Token Mechanics Score

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User Adoption

Technical difficulty

The high-level concept behind QTUM — a Bitcoin/Ethereum hybrid — is more complex to understand than the technology of most of its peers.

Halo Effect

Thanks to a diverse and qualified team, QTUM enjoys associations with Baidu, Alibaba, Tencent and NASDAQ.

Buzz

Qtum was able to generate buzz during its ICO but it has since died down quite a bit.

Average User Adoption Score

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Overall Score

Weighted Average of the five section scores above

Blockchain Investor Analysis

QTUM combines of the security of Bitcoin and the smart contract functionality of Ethereum. It also enjoys instant compatibility with software programmed for Ethereum and enables QTUM holders to earn PoS staking rewards. However, it has not managed to compete with some of the larger smart contract computing platforms that are targeting the same customer base.

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