Quark Chain Technology Co., Limited.
Name
Quark Chain Technology Co., Limited.
Summary
-QuarkChain is a flexible, scalable, and user-oriented blockchain infrastructure by applying blockchain sharding technology.
-It was founded in 2018 by Qi Zhou.
-It focuses on high throughput transactions and Turing completes smart contracts by combining a two-layer blockchain and sharding technology on top of the Ethereum Virtual Machine.
Rating
Symbol
QKC
Overview
The QuarkChain Network introduces a new sharding-based blockchain architecture that aims to meet global business standards. The technology behind the QuarkChain network is inspired by the team's extensive experience in developing large-scale distributed systems in a centralized world that can process billions of transactions per second. The mechanisms from these experiments were applied to the blockchain to create a unique solution to its scalability problem. This approach aims to greatly expand the usability of blockchain technology without sacrificing its core features of security and decentralization.
Historical Price Movement (in INR)
Technology
The QuarkChain is a highly flexible network which has multiple Virtual machines, consensuses, ledgers, native-tokens $ token-economies. This network consists of sharding/horizontal scalability and two-layered blockchain. QKC is EVM compatible, allows Cross-Shard Transactions and Simple Account Management. The root chain runs the Proof of Work(PoW) algorithm.
Use of Native tokens in the ecosystem:
The purpose of the QKC token is to ensure the exchange of value in the system and to incentivize miners. The value of the coin depends entirely on the use and usefulness of the QuarkChain network.
Private Sale
890 Million QKC
Team & Foundation
750 Million QKC
Marketing & Advisor
250 Million QKC
Volume ( as of 16th May 2022)
$3,590,208
Total Supply
10,000,000,000 QKC
Circulating Supply
6.40B QKC
Crowd Sales
7 rounds of funding amounting to $20M
Funding
13/10/2021-Secondary Market-N.A.
13/06/2018-Venture Round-N.A
03/06/2018-Initial Coin Offering-N.A.
11/05/2018-Seed Round-N.A.
18/04/2018-Seed Round-N.A.
30/03/2018-Initial Coin Offering-$20M
01/10/2017-Venture Round-N.A.
Country
Hong Kong
Year Incorporated
2017
Registered Address
6, Eu Tong Sen Street, #12, The Central, 059817 Singapore
Dispute Resolution and Governing Law
N.A.
Country Risk Assessment
Standard
Founding Team
| Name | Designation | Education | Experience |
| Qi Zhou | Founder & CEO | Georgia Institute of TechnologyDoctor of Philosophy (PhD), Electrical and Computer EngineeringGeorgia Institute of TechnologyMaster of Science (M.S.), Electrical and Computer EngineeringShanghai Jiao Tong UniversityMaster of Science (M.S.), Computer ScienceBeijing University of Posts and TelecommunicationsBachelor of Science (B.S.), Mathematics and Applied Mathematics | 7 Yrs |
Whitepaper 
