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Quai Network (QUAI)

Quai Network is a scalable PoW blockchain which utilizes hierarchical merged mining to scale decentralized blockchain transactions to the scale of all human commerce.

Funding Round $8M

Requirements to Run a Full Node: Details

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Overview

Project industryBlockchain Infrastructure
Product typeTechnology
FoundedSwitzerland
WhitepaperQuai Network White Paper Open

What is Quai Network

Quai Network is a new design to create radically more efficient blockchains. Our solution relies on revolutionary advances in blockchain sharding technologies and the use of Proof-of-Work 2.0. Because Quai Network is modular, it can scale horizontally to accommodate more users as the network grows.

By making huge strides in overall blockchain scalability, Quai Network paves the way for the next billion users to participate in Web3.0.

Quai Network is the first decentralized blockchain that can truly scale for worldwide adoption.

Quai token acts as the backbone of Quai Network, ensuring network security, spam resistance, and simple exchange of value in a decentralized system.

Details

Raised: 8,000,000 USD

Legal

Registration country: Switzerland
Registration year: 2020

Token info

Ticker: QUAI
Type: Utility-token
Token distribution:
25% - Adoption Incentives
20% - Mining
15% - Foundation
15% - Strategic Partners
5,5% - Infrastructure Partners
5% - Founders
5% - Bounties
0,5% - Testnet Incentives
4% - Contributors
3% - Community
2% - Exchange Liquidity

Social media

Quai Network web-siteQuai Network RedditQuai Network MediumQuai NetworkYouTubeQuai Network TelegramQuai Network InstagramQuai Network LinkedInQuai Network X (Twitter)Quai Network DiscordQuai Network Github

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