Qtum
Qtum
QTUM
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Qtum Token allocation
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Qtum Intro
Qtum (QTUM) is a hybrid blockchain platform that merges the strengths of Bitcoin and Ethereum, providing a versatile and efficient infrastructure for smart contracts and decentralized applications (dApps). Launched in 2017, Qtum bridges the gap between Bitcoin's secure UTXO transaction model and Ethereum's flexible smart contract functionality. By combining these two elements, Qtum allows developers to deploy Ethereum-compatible dApps on a more secure foundation. Its unique Account Abstraction Layer (AAL) further enables seamless integration, making it an attractive platform for developers familiar with the Ethereum ecosystem.
In recent developments, Qtum has expanded beyond its traditional role. In April 2024, the project announced a strategic shift from being a crypto mining operator to embracing artificial intelligence (AI) technologies. This transition, spearheaded by Qtum’s leadership, involves the launch of "Quantum AI," which integrates blockchain with AI tools such as ChatGPT-like dialogue models (Qtum Solstice) and AI-based image generation (Qtum Qurator). This move represents a new direction, combining decentralized blockchain solutions with emerging AI capabilities, aiming to create a robust platform for innovation across multiple sectors.
Additionally, Qtum continues to maintain compatibility with Bitcoin’s evolving infrastructure. In April 2024, the team announced that the latest version of Qtum's code is compatible with Bitcoin Core V25.0. This ensures that Qtum benefits from the latest security and technological advancements while continuing to build on its unique hybrid architecture.
Qtum's Proof-of-Stake (PoS) consensus mechanism supports faster transactions with lower energy consumption compared to traditional Proof-of-Work (PoW) models. It also integrates on-chain governance, allowing community stakeholders to vote on protocol changes and upgrades. These features, combined with ongoing enhancements, make Qtum a reliable, adaptable, and forward-looking blockchain solution for developers and enterprises alike.
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Qtum Token allocation
Q&A about Qtum Tokenomics
Explore the tokenomics of Qtum(QTUM) and review the project details below.
What is the allocation for Qtum(QTUM)?
The initial supply of QTUM was 100 million, which was generated in the coinbase transaction at 20,000 QTUM per block for the first 5,000 blocks of the Qtum blockchain.
Of the initially created tokens, 51%, or 51 million QTUMs, were sold to the public in March 2017.Revenue from this public sale funds the operation of the Qtum Chain Foundation, including system development, marketing, financial and legal consulting.
20%, or 20 million QTUMs, will be allocated to the founding team, private investors, and development teams. Among them, 7% -8% will be allocated to private investors, and 12% -13% will be allocated to the founding team and development team.
29%, or 29 million QTUMs, will be used for commercial and community development, academic research, education, and market expansion. Of this, 20% will be used for business development, including expansion of industry-related applications, supporting DApp (Distributed Application) development, business expenses (legal, compliance, accounting, consulting), marketing and public relations, and token swaps. The remaining 9% will be used to support academic research, developer education, promotion of Qtum chain technology, and cooperation with the open-source community.
What is the supply schedule for Qtum(QTUM)?
To protect the interests of investors and ensure the healthy long-term operation of the project, in addition to the regulations on the use of the QTUM tokens, the Qtum Foundation also designed a lock-up mechanism for some development funds. The details are as follows:
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Qtum (QTUM) is a hybrid blockchain platform that merges the strengths of Bitcoin and Ethereum, providing a versatile and efficient infrastructure for smart contracts and decentralized applications (dApps). Launched in 2017, Qtum bridges the gap between Bitcoin's secure UTXO transaction model and Ethereum's flexible smart contract functionality. By combining these two elements, Qtum allows developers to deploy Ethereum-compatible dApps on a more secure foundation. Its unique Account Abstraction Layer (AAL) further enables seamless integration, making it an attractive platform for developers familiar with the Ethereum ecosystem.
In recent developments, Qtum has expanded beyond its traditional role. In April 2024, the project announced a strategic shift from being a crypto mining operator to embracing artificial intelligence (AI) technologies. This transition, spearheaded by Qtum’s leadership, involves the launch of "Quantum AI," which integrates blockchain with AI tools such as ChatGPT-like dialogue models (Qtum Solstice) and AI-based image generation (Qtum Qurator). This move represents a new direction, combining decentralized blockchain solutions with emerging AI capabilities, aiming to create a robust platform for innovation across multiple sectors.
Additionally, Qtum continues to maintain compatibility with Bitcoin’s evolving infrastructure. In April 2024, the team announced that the latest version of Qtum's code is compatible with Bitcoin Core V25.0. This ensures that Qtum benefits from the latest security and technological advancements while continuing to build on its unique hybrid architecture.
Qtum's Proof-of-Stake (PoS) consensus mechanism supports faster transactions with lower energy consumption compared to traditional Proof-of-Work (PoW) models. It also integrates on-chain governance, allowing community stakeholders to vote on protocol changes and upgrades. These features, combined with ongoing enhancements, make Qtum a reliable, adaptable, and forward-looking blockchain solution for developers and enterprises alike.