Quadrant Protocol (EQUAD) is a blockchain-based data protocol that facilitates the creation and distribution of data-focused products and services. It operates on the Ethereum platform and has a total supply of 1 billion tokens. The protocol enables secure, traceable, and transparent data exchange, ensuring data authenticity and provenance through its unique stamping mechanism. Quadrant Protocol is used in various applications, including Geolancer, which allows users to collect, validate, and sell location data, and Quadrant.io, a platform for sourcing and transacting authentic data.
The Quadrant Protocol (EQUAD) is a blockchain-based data protocol that facilitates the secure, traceable, and transparent exchange of data and AI services between organizations. It powers the Quadrant.io platform, which allows businesses and governments to source and transact high-quality, authentic data. The protocol "stamps" data at its source with a unique signature, ensuring that any stamped data can be traced and verified back to its origin at any time, making it provably authentic.
The Quadrant Protocol is used to authenticate and map data, enabling the creation of targeted data sets that are relevant to specific needs. This technology is particularly useful for data professionals who require high-quality, authentic data to make informed business and policy decisions.
In addition to data authentication, the protocol supports the Geolancer app, which allows users to collect, validate, and sell location data. This data is used by major mapping and ride-hailing companies to make informed decisions. The protocol also supports the use of utility NFTs, which incentivize users to collect data from hard-to-reach areas, providing value to enterprise clients.
The EQUAD token is used as a means of payment for services on the Quadrant.io platform. Customers can purchase Service Credits, which are priced at $1 US Dollar each, to access services such as data stamping and verification. These credits are non-refundable and cannot be converted into a tradeable cryptocurrency. The protocol's focus on secure and transparent data exchange makes it a valuable tool for organizations seeking reliable data solutions.
To store Quadrant Protocol (EQUAD) tokens, you can follow these steps:
Create a Crypto Wallet: You need a digital wallet that supports the Polygon blockchain, as Quadrant Protocol operates on this network. You can use a wallet like MetaMask or Trust Wallet.
Set Up the Wallet: Download and install the wallet, then set it up by creating a new account or importing an existing one. Make sure to securely store your private keys and recovery phrases.
Add Quadrant Protocol: In your wallet, navigate to the mainnet list and select Quadrant Protocol (EQUAD). This will allow you to manage your EQUAD tokens within the wallet.
Transfer EQUAD Tokens: Once you have purchased EQUAD tokens, you can transfer them to your wallet. Ensure you have enough blockchain native tokens (like ETH) to cover transaction fees.
Secure Your Wallet: Always keep your wallet and private keys secure to protect your EQUAD tokens from unauthorized access.
By following these steps, you can safely store your Quadrant Protocol (EQUAD) tokens in a digital wallet.
To buy Quadrant Protocol (EQUAD) tokens, you can follow these steps:
Choose an Exchange: Select a reliable exchange where EQUAD is listed. You can opt for a centralized exchange like Binance or a decentralized exchange (DEX) like KuCoin.
Create an Account: If you don't already have an account on the chosen exchange, create one by following the exchange's registration process.
Fund Your Account: Deposit the required base currency (e.g., Ethereum) into your exchange wallet. This will be used to purchase EQUAD tokens.
Buy EQUAD Tokens: Use the deposited base currency to buy EQUAD tokens on the exchange. You can refer to the exchange's guide for specific steps on how to execute the purchase.
Transfer to Your Wallet: Once you have purchased EQUAD tokens, transfer them to your personal cryptocurrency wallet for safekeeping.
Remember to research the exchange fees and market rates before making your purchase.