Quant (QNT) price, performance and general information

Hey all, what do we think the possibility of the SEC declaring QNT a security and screwing over the American holders? I own quite a bit of Quant and I'm going to be pissed if I have to sell in the near future because I had planned to hold for a few years. Since essentially the only place to buy is IDEX and they're going to incorporate KYC at some point we might all be boned.

Hi guys, really impressed by the concept of overledger. In the whitepaper and in the press the Quant team often compare their approach to the TCP/IP internet standard that was developed back in the 70's.

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However, to me the comparison seems a bit odd. The development of the TCP/IP protocol was funded by the US government and has been maintained for the last decades by the Internet Engineering Task Force (IETF), a non-profit organization. Furthermore, the IETF is under the auspices of the Internet Society, an international membership-based non-profit organization.

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On the other hand Overledger is being developed by Quant, a for-profit company that sells licenses and profits from the transaction fees on the network. While I completely understand that Quant needs a viable business model for the further development of this project, I think that in the long term the fact that a for-profit company is in charge of development and maintenance of the protocol will severely hinder the project from becoming an open standard like the internet.

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Would love to hear anyone's thoughts on this (perhaps someone from the team?).

We're currently at an All-Time High of 7.15$ on CMC.

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Do any of you have the faintest clue as to why we are rocketing the past weeks?

Not that I'm complaining.. just generally curious also as the reddit is pretty damn silent and no shilling is happening which is strange but probably a very positive thing.

Also how far do you see this price rise going?

Next stop Top 10, guys .

Having read the v0.2 Token Utility paper I can see how the treasury will generate income, but I'm struggling to see how held tokens will increase in value for current holders a apart from speculation.

Could someone please enlighten me?