What is Quant (QNT)?
Quant (QNT) is the native token of Overledger, a software layer first outlined by Gilbert Verdian and launched with QNT in 2018. Unlike a standalone blockchain, Overledger works as an API gateway that connects existing ledgers. This lets developers create applications that use data and value from multiple chains at the same time.
What role does QNT play?
QNT functions as an access credential for the Overledger platform. Developers and businesses hold QNT to use APIs, run gateways, or build applications that span several blockchains. When a licence is purchased, the tokens are locked for a set period, which keeps them out of circulation while services are active.
The total QNT supply is capped at 14.88 million tokens, and no further tokens are minted afterward. Institutional customers can also pay in traditional currency; the Quant treasury converts those payments into QNT automatically, so the token remains part of every settlement.
How does Overledger connect different chains?
Overledger processes information in stages. First, each connected blockchain keeps its own transaction records locally. Next, transaction details, smart contract events, and metadata are collected into a shared messaging layer.
After that, a filtering layer sorts the messages according to what an application needs. For example, an app might accept only transactions from a specific wallet address or above a certain amount. Finally, the approved messages update the state of the relevant application. This sequence allows multiple ledgers to feed one workflow without forcing them to share a single ledger.
