Quote from: ai8000 on August 24, 2017, 08:25:50 AM

Quote from: Popoola on August 24, 2017, 06:23:08 AM

So... I'm a little worried.

For the first time (embarrassing I know) I was just looking at the Etherscan page for the Quantum token at: https://etherscan.io/token/0x671abbe5ce652491985342e85428eb1b07bc6c64#balances and I noticed something slightly alarming.

According to my reading, of the 246,436,893.3789 QUA in existence, 87% are currently located at one address... What's that about?

Sure, the Quantum Project developers said two thirds of all the QAU (66%) created would be kept in order to increase the liquidity pool, but it would seem to me (I am fully prepared to be proved wrong) that with 87% held at one address, they're doing more than just burning around 500,000 QAU a month, they're also buying up a huge amount on top of that. Millions and millions.

Of course, I hope I'm misreading the implications and this is not the case.

On top of that, while ICO participants totaled 486 people, Quantum tokens are currently spread across 376 addresses. What makes this even more alarming (to me at least) is that only 265 addresses now hold more than 1000 tokens.

Am I wrong in finding all this a worry? Are the exchanges (Livecoin and HitBTC in particular) merely granted IOU's for QAU still held by the devs? Somebody please explain this to me in terms I (a not too bright person) can understand.

All the best!

This is the liquidity pool + QAUs not claimed by ICO participants.

Like member ai8000 already wrote. This is liquidity pool and QAU not claimed by ICO participants. Also there are 3/4 tokens that were not sold yet.
Also addresses are not only from people that participated in ICO.

We are one of the rare ICO companies that are delivering their WP projects. Our plan is to have longterm stable currency, with strong organic growth behind.

..website with THE team is coming soon ;-)

@Your Quantum