What is Quantfury?
Quantfury Token (QTF) is a cryptocurrency that represents the economy and business model of the Quantfury trading platform. The token allows users to share ownership of the platform's spread revenues and earn the average spread value between the bid and ask prices for all trade positions closed by Quantfury app users on a monthly basis.
Quantfury is a revolutionary brokerage available on the App Store and Google Play globally (excluding the United States and Canada) since December 2018. The platform has a user base from over 100 countries and a daily average trading volume of more than $500,000,000. With zero fees of any kind, users can trade and invest in stocks, crypto pairs, index and commodity futures contracts at real-time spot prices of global and crypto exchanges.
The Quantfury team is led by Lev Mazur and financial industry veterans with over 100 years of combined experience in financial markets and product development. The team includes Alexander Kalenkov, a fintech professional with 20+ years of senior banking experience, and Roman Kashcheev, who helps oversee the company's platform today. The team also includes Luke Brindle, with over 20 years of hedge fund and financial markets experience.
Early investors and advisors include Invictus Hyperion Fund, one of the world's foremost blockchain venture capital firms, and Pourdad Capital Partners, an early-stage fintech investment firm. Daniel Schwartzkopff, CEO of Invictus Capital, has advised Quantfury from its inception and continues to be instrumental in its success today. Ali Pourdad, a Canadian Chartered Accountant, is also day-to-day with Quantfury and focuses on the company's strategy and leadership. Today, the team consists of over 100 financial and technology professionals working in various capacities in six countries around the world.
QTF token was launched in June 2019 on the Ethereum blockchain and represents one of the first successful tokens of DeFi. The token holders share ownership and proportional rights to Quantfury Data Token (QDT). Every time a trade position is closed within the Quantfury app, a QDT token is created, representing the average spread value between the bid and ask prices for all trade positions closed by Quantfury app users for that particular calendar month. QDT tokens are proportionally distributed among QTF token holders on a monthly basis and are sold back through the smart contract for ETH and burned. By holding QTF, token holders earn a proportional amount of spread revenues based on all trades made within the Quantfury app every month since June 2019.
Quantfury app and QTF token make the opaque business model of global brokerages transparent, fair and shareable. Unlike traditional global brokerages, the Quantfury app and QTF token enable users to earn proportional revenue share by holding the token, rather than charging excessive fees. The QTF token is an innovative approach to trading that is reshaping the landscape of global finance.
In conclusion, the Quantfury Token (QTF) represents an innovative and transparent approach to trading, allowing users to share ownership of the platform's spread revenues and earn proportional revenue share by holding the token. With zero fees and real-time spot prices of global and crypto exchanges, the Quantfury app is revolutionizing the brokerage industry, and the QTF token is at the forefront of this revolution. As more traders and investors adopt this new approach to trading, the value of QTF token is set to increase, providing significant opportunities for investors.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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