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Quantstamp ICO: QSP Review and Analysis

Hey crypto-fallas! Hope(Oh,sorry. Of course) you are doing great. What if I say you are supposed to shop online from a platform which doesn’t have label “Secure” along with its url. Let me guess! You will definitely avoid that because of you feel that is somehow insecure, isn’t it? Well, in this digital era of blockchain technology and cryptocurrencies, ICO’s are the best things as it represents unique and better solution of problems encountered by the world.

Initial coin offering systems are based on smart contracts but some incidents of the same looks horrible. Ex.

1] Because of just one word bug in smart contract of Parity multi-sig wallet, a hacker stole $30 M ether from crypto companies.

2] $55M ether hack was occurred due to bug in smart contract of DAO.

And therefore, serious problem of making it secured has became a big task for ICO. But, Quantstamp is offering its perfact solution that protects user and investor with scalable proof-of-audit. Let’s have a look.

What is Quantstamp?

Quantstamp is the first scalable security-audit protocol designed to find vulnerabilities in Ethereum smart contracts.

Qunatstamp is a specialized network that connects developers, investors and users around a transpatent and scalable proof-of-audit. The network acts as a critical piece of transparency by enabling automated checks on smart contract vulnerabilities and automatically rewarding verify who identify bugs.

In short, if particular platform that is audited by quantstamp means investors and users are having stamp of assurance.

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Qunatstamp(QSP) Token Analysis:

Total supply: 1,000,000,000 QSP | Hard cap: $30M

Available to public: 650,000,000 QSP

There will be public sale of QSP ERC20 tokens in month of November 2017.

QSP Token Sale:

Price: 1 ETH = 5,000 QSP

Tiers:
· Caring level 1 ($3M): 1 ETH = 10,000 QSP
· Caring level 2 ($4M): 1 ETH = 7,000 QSP
· Caring level 3 ($4M): 1 ETH = 6,000 QSP

You can submit your proof-of caring by the day before October 30 1:30 AM (IST).
– Tier 1 is closing October 21st.
– Tier 2 is closing October 24th.
– Tier 3 is closing on October 30th
Conformation emails based on quality poc will be sent by November 9th at the latest.

Quantstamp Roadmap:

WHY Should I Invest in Quantstamp?

White Hat Hackers, Security Researchers or Smart Contract Creators will be awarded with QSP tokens by finding vulnerabilities while performing audits in Quantstamp. According to such bugs, quantstamp algorithm will perform audit automatically.

Hence, instead of hiring developers, professional smart contract creators or security experts; companies can further reduce financial cost and can provide their best for development of actual product. Towards the future of smart contracts, Quantstamp seems strong and will become stamp of security as we usually find secure label on url of website on the internet.

Therefore, it is recommendable to jump in.

Usefull Links:

Whitepaper

FAQ

Proof Of Care

Article written by Milan Donga

Hey Buddies ! This is Milan, Admin of Tricks N Tech. He is Computer & Smartphone Geek From Ahmedabad, Gujarat, India, Currently Pursuing B.Tech Engineering Degree From VGEC. Apart From These He Loves to Watch Hollywood Movies and Writing About Tech Tricks :)

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