Quantum Assets is a digital cryptocurrency that promotes next-generation quantum protocols. The platform facilitates real quantum computing to upgrade cryptographic keys by developing quantum mirror protocols of popular chains.
As per its whitepaper, the developer team of this network observed that the generation of cryptographic keys needs the input of random numbers; various computational methods for pseudorandom number generation exist, which fall short of the true randomness goal. Hence, the platform brought quantum technology to produce truly random quantum cryptographic keys that are secure. These quantum keys can be used to create quantum digital assets that use cryptographic keys. The asset’s existing test networks include Quantum Ethereum and Quantum Bitcoin, with more quantum secured protocols to follow and aim to create a multiverse (open multi-chain metaverse) of quantum mirror protocols (website). Also, the network does not need proof of work/stake consensus mechanisms and has a very low carbon footprint. Quantum Assets offer a unique reward program where token holders of QA tokens at relevant blocks aim to deliver airdrops of Quantum Bitcoin. Quantum Bitcoin is launched on its quantum mainnet, which ensures the fidelity of transactions.
QA tokens serve as the master token to every next-generation quantum protocol. With a hard cap (upper limit of tokens) supply and no inflationary mechanics, the growing adoption rates related to the launch of progressive quantum mirror protocols aim to be the driving force in token valuation. In this way, QA token value as a project and a token seek to increase over time as each quantum mainnet is switched on and every quantum coin is brought to market. Based on the existing chain protocol's functional token economics and mechanism, each new quantum mirror protocol intends to have its own token economics. The total supply is distributed 35 percent to public sale, 20 percent goes to liquidity, 10 percent to community development, 13 percent to infrastructure development, 9 percent to the developer team, 7 percent to reserve, 4 percent to professional advisory, and 2 percent to legal segment.