On Tuesday, the 11th of May, Quantum Resistant blockchain project, QANplatform announced that the platform’s native token, $QARK will be listed on Defi smart contract, Uniswap. The listing will take place on May 21st, and follows on the heels of Defi a $2.1million Venture Capital funding round.
The team behind Quantum resistant blockchain, QANplatform, on Tuesday – the 11th of May – made it public that the decentralized platform will be listed on the popular Defi platform, Uniswap. The $QARK token will be available for trading, on the smart contract, late in the month.
The QAN network’s native token is currently an ERC20 token, but will be swapped over to the QAN platform’s mainnet once it goes live, late in the second half of 2021. The team plans to test the token platform for six months, and aims to begin testing before the end of the first half of this year.
The listing announcement comes, shortly after the Blockchain initiative successfully raised $2.1 million dollars in funding from a horde of Venture Capitalists. The team says the funds – raised from Fairum Ventures, DeltaHub Capital, Insignius Capital and BlackDragon, VC firms – will go towards bolstering development, and public awareness efforts, in addition to providing liquidity for exchange platform listings.
“We are glad to contribute in this investment round and support QANplatform’s future growth. We see a lot of potentials not only because of the quantum-resistant cybersecurity but also for QAN’s other IPs like Proof-of-Randomness (PoR) consensus algorithm, rapid cloud platform deployment, or the upcoming multi-language smart contract development feature.”
Commented Max Mucko, a partner at VC firm, BlackDragon, regarding his company’s decision to back QAN.
