☝️⏰ Ongoing Token Sale Learn More
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☝️⏰ Ongoing Token Sale  Learn More

Monthly Digest - March Issue

Platform News (brought to you by Silur)

Pheeeew. Covid fandingo huh?

 

Being coders with freelancing backgrounds made us think moving fulltime home office is not a big deal…

Well,  that was solo freelancing. It’s surprisingly harder to coordinate a gitflow online than… a WoW raid.

 

Despite that we made progress which I’ll try to summarize here.

 

We made sanity check fixes around balances on the NATS-based network. The pubkey-calculation misery was solved by a nonce check so all 0-nonce transactions include a new pubkey field now.

We had a review request for the private network so we made some cosmetic changes on the stating product. Fixed a trivial DB bug where we mixed up two descriptors ^^”

 

As we also entered into advanced negotiations for an integrator party, a new feature in our cryptographic layer fence was researched and implemented and we are working on to directly integrate to the subject party.

 

The Virtual machine also needed some additional sanity checks and we expect to need even more, which I hope is likely the last bulk of “TODO” before we can launch the testnet.

Team News

Besides the regular (and pleasant) challenges teams have to face in their work, in March COVID-19 surprised us with a new one, namely with having to work from home offices. 

 

We successfully restructured all of our operations and the team made a smooth transition to remote work. This enables us to continue progressing with the QAN project without difficulties.

 

Business news

The QAN IEO on BitBay ended on March 23.  The private sale of tokens goes on, you may contact sales@qanplatform.com for more information. The success of it could be considered moderate which was caused by many factors: 1. The market has drastically changed in 2020, the number of tokens bought reflects the current attitude of crypto buyers, (interesting visualization of this is the Crypto Fear & Greed Index:

Latest Crypto Fear & Greed Index
2. There were some unfortunate technical difficulties on the website of the exchange that could be resolved only with quite some delay.   We also had to make a very difficult decision to protect our token holders due to the tough time the coronavirus pandemic is giving us and the whole economy.   BitBay.net and QUANTUM Global OÜ are postponing the listing of QARK tokens on the exchange platform of www.BitBay.net until at least June 30th, 2020. The postponement is made due to the negative effect of the COVID-19 Coronavirus disease on the crypto and traditional investment markets and the operations of exchanges worldwide.   We decided to offer the opportunity to large token buyers to buy equity in the company.    For more information, please write to sales@qanplatform.com  
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