April 7-th held an Ask Me Anything session at ICOSpeaks telegram chat. From the QUINT side there were:
👨💻 @HishamWyne – Hisham Wyne – Chief Communications Officer
Hisham has two decades of experience across global markets helping enterprises, startups and public sector organisations create compelling messaging. With multi-sectoral expertise, he likes building bridges between diverse ideas and areas of knowledge — just as Quint.io bridges the metaverse with the real world. Hisham is a familiar face in the crypto fraternity. He has been involved with other token launches and recently MC’d the Fantom ($ftm) Developer’s conference in Emirates Palace Abu Dhabi.
👨💻 @HassanBinJamil – Hassan Bin Jamil – Chief Technology Officer
Hassan is a hands-on IoT techpreneur. Following his research thesis on RF chip design from Ohio State, has always worked on integrating devices using RFID, Bluetooth and AI. He strives to develop blockchain middleware connecting the metaverse with physical devices fueled by Quint.
Matea Nesek – Director Sales and Marketing
👨💻 @MateaNesek – Matea Nesek – Director Sales and Marketing
Hassan is a hands-on IoT techpreneur. Following his research thesis on RF chip design from Ohio State, has always worked on integrating devices using RFID, Bluetooth and AI. He strives to develop blockchain middleware connecting the metaverse with physical devices fueled by Quint.
Matea Nesek – Director Sales and Marketing
Before we go to the first set of questions, could you please do a short self-intro?
Let’s get started!
Q: Please give us introduction to the Quint ecosystem and what the project’s all about.
A: Quint’s motto is ‘Connecting the Metaverse to the Real World’, unlocking unique value and visible benefits for its investors. The token’s utility is huge and real-world use cases are unique. We have created not just a boutique NFT market place for like-minded connoisseurs where the bespoke NFT is delivered to the buyer in a physical Token Frame but a complete ecosystem for global communities which includes exclusive Metaverse Arts Club, the Quint Shop, revolutionary Super Staking Platform yielding real-world rewards, countless perks and breathtaking luxury raffle prizes. Many other elements of DeFi and GameFi are in our roadmap explained in Quint’s whitepaper (whitepaper.quint.io).
Q: How does Quint offer real-world rewards as well as crypto returns?
A: …Great question! Quint brings to the crypto world its revolutionary super-staking platform that will act as the core profit-generating mechanism for its Investors.
The Staking on Quint.io is divided into 2 main categories:
1 Super Staking Pools (Real World Incentives + crypto rewards)
2 Conventional Staking Pools (Harvesting / Farming – Crypto as reward)
The super-staking pools come in two flavours: Luxury Raffle Pools and Quintessential Pools. Let us talk about Quint’s Luxury Raffle Pools first.
In addition to the standard crypto reward in Quint or other tokens, these pools will give away real world luxury prizes through a Raffle that will be held at the end of staking duration for the pool. At the launch of Quint token, we will start with 2 Luxury Raffle Pools which will run over a period of 3 weeks. The minimum staking value in these pools is set to roughly the equivalent of USD 500 worth of Quint. USD 500 will give 1 raffle entry to the pool. So, if a person stakes USD 2,000 worth of Quint, the system would allocate the person 4 entries/chances to be able to win the raffle. In addition, to be fair with people who invest early into the pools, they would get bonus entries into the pool.
Quintessential Pools
Stakers in the Quintessential pools are our most prestigious investors so as far as the staking return in the form of crypto is concerned, they will be given higher APRs/APYs than the Conventional Staking Pools and the Luxury Raffle Pools. The deposits will be broken every short period of time and redeposited using the auto-compounded feature on Quint.io to achieve higher APYs. addition to the above crypto rewards, these pools will give a guaranteed physical real-world incentive to the staker (for example supercar experience for a day). The minimum lock-in period and the minimum investment amount for these pools will vary depending on the value of the fixed real-world incentive we offer in the respective pool.
Conventional Staking Pools
Theses pools will provide all staking options that the best staking platforms in the crypto world are providing coupled with an in-house auto-compounding mechanism for high APYs and no minimum staking limit or lock-in periods. The rewards under these pools will be in crypto only.
There will be no real-world incentives for these pools but these conventional staking pools will include the following:
• Ability to stake Quint as a standalone token • Ability to form LP tokens (Quint together with popular coins like BNB etc that are giving the best APRs) and staking those LP tokens on our platform • All Staking pools have an inbuilt auto-compounding mechanism so that the deposits break after every optimum time cycle and are reinvested automatically to give the staker maximum APY
Q: What does the Boutique NFT marketplace offer?
A: Our Boutique NFT Marketplace will allow connoisseurs from across the globe to not just get their tailor-made NFTs designed by creative minds with an inherent eye for luxury but also get those freshly minted NFTs installed into physical Token Frames and delivered to their doorsteps. Apart from catering to the bespoke needs of the niche clientele, QUINT will also be bringing limited edition NFT collections through bidding process to the users of its Boutique Marketplace. QUINT has already started building its treasury with some historic NFTs that have been spoken of in media across the globe. In fact, Quint has recently purchased the incredible Bored Ape #575 for USD 500,000. It’s currently the display NFT @projectquint Twitter account!
Q: What are the upcoming plans of Quint for the next coming months/years?
A: Quint will start with the Pre-Sale on 7th April 2022 in just a few hours! That’s through out purpose-built presale dashboard on quint.io and then the Quint token will launch on 21st April 2022 on Pancake Swap. Quint.io will launch with fully functional portal including super-staking platform paired with in-house swapping and auto-compounding features, boutique NFT marketplace, The Quint Shop and the Metaverse Arts Club.
In the coming time, while building on the token’s super-staking pools’ concept, Quint aims to add unique real-world collectibles to its treasury, the future upside of which will be distributed amongst the super-staking pool stakers.
Morphing the super-staking pools concept even further to have extended lock-in periods in lieu of profit-sharing from the future sale of the created asset, another one of Quint’s key future goals is to develop luxury physical real estate. This would make the Quint investors fractional owners in the real-world asset in proportion of their investment in the Quint’s DeFi ecosystem.
Q: How secured is Quint as a project?
A: Security and transparency are key for us, and set us apart. The Quint team is fully disclosed to the public and has strong real-world credibility. We’re not annonymous but are in the public eye. IIn terms of technical security, that too is our priority and no compromises have been done on that account. By the time the token is launched on Pancake Swap on 21st of April 2022, Team Quint would have completed all the following security measures which are already underway:
1 Blockchain Protocol Audit
2 BSC Smart Contract Audit
3 Formal Verification
4 Penetration Testing
5 Internal and External Penetration Testing
6 Vulnerability Assessment Services
Q: Your ecosystem is currently being implemented on the BSC, but I’ve heard that you’ll be adding more chains, so can we know which other chains you’ll be adding?
A: Yes, we are launching on BSC but within few days of our 21st April launch on Pancake swap, we will release our Ethereum contract. This would be followed by Fantom (the ultrafast speed and low transaction fee amuses us), Polygon and Avalanche contracts in the short term but the listen will continue to grow.
We hear that Coin Market Cap has covered your purchase of the Bored Ape NFT? How does this link to your future plans?
Answer: Yes! We’ve acquired the super-exclusive Bored Ape Yatch Club #575 for USD 500,000. It’s the display NFT for the @projectquint account! Stay tuned – we have really exciting plans for this exclusive digital artwork and will be announcing that soon!
Q: How efficient is the Quint token?
A: QUINT token has light speed transactions and minimal gas fee. The slippage tolerance starts with just 11% (inclusive of 10% transaction fee).
Q: What are the benefits QUINT holders would get from each buy and sell transaction?
A: Each transaction will have a 4% tax that goes back into the liquidity pool.
Q: We heard that Coin Market Cap has covered your purchase of the Bored Ape NFT? How does this link to your future plans?
A: Yes! We’ve acquired the super-exclusive Bored Ape Yatch Club #575 for USD 500,000. It’s the display NFT for the @projectquint Twitter account! Stay tuned – we have really exciting plans for this exclusive digital artwork and will be announcing that soon!
Q: Where I can get the latest updates or more information about the project?
A: I’m going to give you all our social links!
Website: h ttps://quint.io/
White Paper: https://whitepaper.quint.io
Telegram: projectquint
Twitter: @projectquint
Facebook: @projectquint
Instagram: @project.quint
Reddit: @projectquint
Discord: ht tps://discord.gg/EgTJKXeqXv
Q: Does your project have plan about Staking??
A:Not only that but we have super-staking pools (discussed above) that give auto-compounding, high APYs, and also real-world rewards and exclusive perks!
Q: How can I buy your tokens right now ?
A: You’ll be able to buy the tokens in 4 hours from now at 8pm GMT today!!! Head over to https://quint.io/ where there’s our dashboard.
Q: IS This Your project only for elite investors, how about others with small funds, is it open to everyone??
A: Of course it is as much for the common man as it is for an elite investor. The whole idea is that we want to bring real world luxury to the reach of everyone through the power of Metaverse. That’s why our Luxury Raffle Pools’ entry is staking of only 500 Quint whereas the prize is as high as USD 500,000
Q: Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
A: Great question! It’s fully explained in our white paper. https://whitepaper.quint.io And then you can join the Quint telegram group and shout if you have any questions!
Q: Tell us a little bit about security? Have you done an audit of the platform? Are the smart contracts error-free? What are the test results?
A: In terms of technical security, that too is our priority and no compromises have been done on that account. By the time the token is launched on Pancake Swap on 21st of April 2022, Team Quint would have completed all the following security measures which are already underway:
1 Blockchain Protocol Audit
2 BSC Smart Contract Audit
3 Formal Verification
4 Penetration Testing
5 Internal and External Penetration Testing
6 Vulnerability Assessment Services
7 Techrate and Certik Audits
Q: Revenue is an important aspect for all projects to survive and maintain the project/company. How have you been able to build a complete project and what is the way to generate profit/revenue of the token? What is the income model?
A: Quint brings to the crypto world its revolutionary super-staking platform that will act as the core profit-generating mechanism for its Investors.
The Staking on Quint.io is divided into 2 main categories:
1 Super Staking Pools (Real World Incentives + crypto rewards)
2 Conventional Staking Pools (Harvesting / Farming – Crypto as reward)
Super Staking Pools
These super staking pools are Quint’s unique selling point and would take the spotlight on our staking platform.
Super Staking Pools are further divided into two categories:
1 Luxury Raffle Pools
2 Quintessential Pools
Let us talk about Quint’s Luxury Raffle Pools first.
In addition to the standard crypto reward in Quint or other tokens, these pools will give away real world luxury prizes through a Raffle that will be held at the end of staking duration for the pool. At the launch of Quint token, we will start with 2 Luxury Raffle Pools which will run over a period of 3 weeks. The minimum staking value in these pools is set to roughly the equivalent of USD 500 worth of Quint. USD 500 will give 1 raffle entry to the pool. So, if a person stakes USD 2,000 worth of Quint, the system would allocate the person 4 entries/chances to be able to win the raffle. In addition, to be fair with people who invest early into the pools, they would get bonus entries into the pool. The system would calculate this through an advance algorithm and allocate bonus entries depending on how early in the 3 week staking period people lock-in their funds. The system would stop taking deposits 3 days before the end of the 3-week pool period. As we are giving away real world physical prizes to the persons winning the raffle, at the time of staking, the system would take details such as name, phone number, physical address (we need physical addresses of the stakers in the 2 pools we are launching with, as every stakeholder will be posted free Quint merchandise as a welcome launch bonus) and email address etc of the investors staking with us.
At the end of the 3rd week, the system would pick up a random lucky entrant from the entries obtained in database at the time of staking. This would be done in a fool-proof, fair, and transparent manner. A specially designed Raffle winner NFT will then be airdropped to the wallet of winner which he will redeem on the Reward Redemption dashboard on Quint.io at the time of receiving the physical reward (or cash equivalent value for majority of the pools) from Quint. To give you some perspective, the prizes for the first Luxury Raffle Pool we are planning to launch with is 2 super luxury watches each of which retails at a whopping USD 120,000! Both the diamond-frosted watches in Titanium and Gold have already been purchased.
Quintessential Pools
Stakers in the Quintessential pools are our most prestigious investors so as far as the staking return in the form of crypto is concerned, they will be given higher APRs/APYs than the Conventional Staking Pools and the Luxury Raffle Pools. The deposits will be broken every short period of time and redeposited using the auto-compounded feature on Quint.io to achieve higher APYs.
In addition to the above crypto rewards, these pools will give a guaranteed physical real-world incentive to the staker (for example supercar experience for a day). The minimum lock-in period and the minimum investment amount for these pools will vary depending on the value of the fixed real-world incentive we offer in the respective pool. As soon as the person stakes their QUNIT in any of the Quintessential Pools, a pool specific NFT needs to be airdropped to the staker’s wallet which will then be redeemable on Reward Redemption Dashboard on Quint.io against the pool reward. In addition, at the time of staking in any of the Quintessential Pools, a second NFT will also be airdropped to the staker’s wallet which will entitle him to perks exclusive to stakers in the Quintessential Pools such as:
• Discounts on Property purchases
• Deals across Restaurants, Hotels and Spas etc • Complimentary gold or silver membership of the Metaverse Arts Club
Note: We have already tied up with many real-world partners (big known brands) the complete list of which will be revelead on the launch. The list will continue to grow and so will the perks that come with staking in the Quintessential Pools.
Conventional Staking Pools
Theses pools will provide all staking options that the best staking platforms in the crypto world are providing coupled with an in-house auto-compounding mechanism for high APYs and no minimum staking limit or lock-in periods. The rewards under these pools will be in crypto only.
There will be no real-world incentives for these pools but these conventional staking pools will include the following:
• Ability to stake Quint as a standalone token • Ability to form LP tokens (Quint together with popular coins like BNB etc that are giving the best APRs) and staking those LP tokens on our platform • All Staking pools have an inbuilt auto-compounding mechanism so that the deposits break after every optimum time cycle and are reinvested automatically to give the staker maximum APY
The other key use case for Quint will be its boutique NFT Marketplace which will allow connoisseurs from across the globe to not just get their tailor-made NFTs designed by creative minds with an inherent eye for luxury but also get those freshly minted NFTs installed into Token Frames and delivered to their doorsteps. Imagine buying a supercar or commissioning a piece-unique wrist watch and wanting an accomplished digital content designing team to create a story around it and once it is minted as an NFT, sending you a physical copy in a Token Frame for you to hang on your wall.
Apart from catering to the bespoke needs of the niche clientele, Quint will also be bringing limited edition NFT collections through bidding process to the users of its Boutique Marketplace. Quint has already started building its treasury with some historic NFTs that have been spoken of in media across the globe. For now, Quint remains an anonymous buyer for these collectibles but closer to the launch of Quint, we will surprise the world and our community with what we have in stock. This surely will place our NFT market place at the top and start generating some serious income for our investors early on.
Q: According to the roadmap, what are your most important next priorities? Does your team have enough funds and strong community to achieve those milestones?
A: Yes we got investors and are sinking our own funds into this too. And here is what’s happening next:
Quint will start with the Pre-Sale on 7th April 2022 through its purpose-built presale dashboard on quint and then the Quint token will launch on 21st April 2022 on Pancake Swap. Quint will launch with fully functional portal including super-staking platform paired with in-house swapping and auto-compounding features, boutique NFT marketplace, The Quint Shop and the Metaverse Arts Club.
In the coming time, while building on the token’s super-staking pools’ concept, Quint aims to add unique real-world collectibles to its treasury, the future upside of which will be distributed amongst the super-staking pool stakers.
Morphing the super-staking pools concept even further to have extended lock-in periods in lieu of profit-sharing from the future sale of the created asset, another one of Quint’s key future goals is to develop luxury physical real estate. This would make the Quint investors fractional owners in the real-world asset in proportion of their investment in the Quint’s DeFi ecosystem.
These will be first of their kind DeFi usages in the crypto world and would ensure that the TVL of the project has hard assets to boast of; not just borrowed tokens from a partner DeFi protocol!
It is pertinent to note that the investors who commissioned the Quint Ecosystem have decades of Real Estate Development and cross-industry business experience. Quint’s tokenomics and detailed roadmap can be viewed in our whitepaper which can be accessed at the whitepaper
Q: Since NFT is popular nowadays, is there a plan for NFT integration?
A: We have an amazing Boutique Marketplace where you can get bespoke artwork comissioned and also have it delivered to your door in amazing token frames. Plus, you can bid on our library of super-collectible NFTs.
ICOSpeaks hosted an AMA Session with the QUINT Team. That’s all for today.
Thanks to all users who participated.
Thanks, QUINT for being with us
Thanks, all and see you soon😉
Cheers 🥂
Wanna know more?
Take a look at our other related News
