Quantstamp

Quantstamp

Created using Figma
Created using Figma
Quantstamp is the first scalable security-audit protocol designed to find vulnerabilities in Ethereum smart contracts. Our team is stellar: PhDs with industry experience, backed by a powerful blockchain industry advisory board.
Nov 17, 2017
Dec 16, 2017
100% completed
$31 300 000
104% cap completed
Cap 30 000 000 USD
past
Nov 15, 2017
Nov 22, 2017
100% completed
Raised funds - no Data
Cap 30 000 000
past
Oct 10, 2017
Nov 7, 2017
100% completed
Raised funds - no Data
Cap 30 000 000 USD
past
  • 10000 QSP
    =
    1 ETH
Token Details
Ticker
QSP
Accepted Currencies
ETH
Company Details
Registered Country
Canada
Additional Details
Platform
Ethereum
Categories
Platform, Business services

About Quantstamp

The Auditing Network

Quantstamp is a specialized network that connects developers, investors and users around a transparent and scalable proof-of-audit.

The network acts as a critical piece of transparency by enabling automated checks on smart contract vulnerabilities and automatically rewarding verifiers who identify bugs.

Quantstamp tokens allow the platform to operate in a scalable and fully decentralized fashion, delivering computation fees to verifier nodes, and bounties for locating vulnerabilities.

Features

Cost Effective: For smart contracts to truly play an important role in the future of many industries, cost-effective code auditing is integral.
Quantstamp’s platform can be used to verify source code written in any language, with a transparent proof-of-audit.
It is offered seamless tools to help developers set up bounties and capture critical vulnerabilities prior to blockchain deployment.

Technical Info

Technical details:  Quantstamp is a specialized network that connects developers, investors and users around a transparent proof-of-audit. The network acts as a critical piece of transparency by enabling automated checks on smart contract vulnerabilities and automatically rewarding verifiers who identify bugs. Quantstamp tokens allow the platform to operate in a fully decentralized fashion, delivering computation fees to verifier nodes, and bounties for locating vulnerabilities. The source code:  The code of the product is partially available on Github. Proof of developer:  Public team

Quantstamp Roadmap

  • April 2017 Concept

  • Identify issues with blockchain environment. Investigate feasibility of product concepts. Reach out to individuals for feedback. Determine economic viability of concept.
  • June 2017 Design

  • Develop solution for solving sytematic issues with smart contract development. Research network designs and gather references from journals. Reach out to advisors for feedback. Identify key value drivers of security auditing.
  • July 2017 Prototype

  • Develop full technical whitepaper. Build abstract syntax free parcer. Build prototype to find reachability bugs. Add open source code to Github. Structure token sale. Regulation. Begin marketing / PR campaign.
  • April 2018 Testing

  • Update technical whitepaper with notes from testing. Do reliability testing and performance testing. Implement design changes. Work with the community to test the product. Strategic partner development. Conferences and awareness campaigns. Recruiting.
  • Read More
  • April 2018 Production

  • Update technical whitepaper with production findings. Evaluate early production performance. Production support recruiting. Strategic direction
  • April 2019 Network V2

  • Update technical whitepaper with V2 improvements. Continue working on security library and network development. Hold educational events for the community. University grants for platform research.

Activity

Activity:
12
VERY LOW
Posts:
29
VERY LOW
Views:
3 696
LOW
Posts:
259
MEDIUM
Followers:
43 198
VERY HIGH
Likes:
41 902
VERY HIGH
Rating:
4.80
VERY HIGH
Reviews:
149
HIGH
Followers:
57 755
VERY HIGH
Tweets:
620
VERY HIGH
30 Days Growth:
-367
Members:
19 051
VERY HIGH
30 Days Growth:
-770
Alexa
Rank:
693 759
LOW
Delta:
183 250
Year commits:
1 449
Watchers:
145
Stars:
190
Forks:
54
Open issues:
28

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Security Advisor
unverified

Former members

Co-founder & CEO
Co-founder & CTO
Senior Security Engineer
Senior Security Engineer
Lead Backend Engineer
Graphics and UX Designer
Community Manager/PR

Last News

$ 0.0394
-0.48%
Coin Stats
Daily, %:
-0.48%
Weekly, %:
-4.44%
Monthly, %:
16.45%
Market Info
Market Cap:
$ 22.424 M
Volume 24h:
$ 441.053 K
Circ. Supply:
617.314 M QSP
Ticker:
QSP
ICO profit
X 0.0006
ICO Price~$70.17
3.78
stable
5.0 16
ICO Profile Vision Activity Potential Product Team

Quantstamp Reviews

crushcrypto.com
review

Opportunities:
Quantstamp had a successful audit with Request, which was a smoothly-run ICO. This speaks to the team’s capability in blockchain development/audit.
This is one of the projects that can help drive blockchain adoption and the potential is huge. Right now, smart contracts are unsecured by default. Smart contracts need to go through expensive and prolonged audit process, which is hindering the adoption and usage of smart contracts. This needs to change and Quantstamp is a good candidate to tackle the problem.
Even if the software only has limited functionalities in the beginning, it can be a good first step in a manual audit because it can potentially save a lot of time for the auditor.
In the Telegram, Quantstamp has indicated that they will buyback if token prices drop below ICO price (tokens will be put into a reserve which the team can release in the future), indicating that the team is confident in the project.

Concerns:
The project is still at an early stage. According to the white paper, mainnet release won’t be until August 2018, which is 9 months after the end of ICO and pretty far away.
Presale participants receive up to 100% bonus, which leaves a bad taste in some potential participants’ mouth. People are now more concerned about ICOs with large presale discount/bonus because those participants are willing to sell their tokens at a much lower price than crowdsale participants. For example, even if QSP tokens drop to 25% below ICO price, those who received 100% bonus can still generate a 50% return.
We believe that smart contract audits cannot be fully automated because human judgment is required to understand the logic and intent of the smart contract. Software can spot bugs that cause the contract to not function, but it cannot detect errors that cause coins/tokens to be sent to the wrong person, or wrong formula being used to calculate payoff in a smart contract, etc.
Since the problem that Quantstamp is trying to solve is large, there are other competitors – Etherparty, BlockCat, ZeeplinOS, and Agrello. All of these projects aim to lower the cost of smart contract development. Quantstamp may not be the winner in this space.

Conclusion:
Overall, we are neutral about this ICO’s short-term potential but like its long-term potential. Our thoughts of the tokens for short term and long term are as follows:
For short-term holding:
Neutral. Even though crowdsale are contributing 63% of the hard cap ($19 million out of $30 million), they are only receiving 54% out of all the tokens allocated to ICO participants. We believe that unless you get in the presale, it is not attractive for short-term holders to contribute into the ICO.
Note that this is based on the current market environment. The ICO market can change dramatically by the time crowdsale begins.
For long-term holding:
Good. There are lots of potential for this project, and if successful, it can really lower the cost of using smart contracts. With the team showing their competency by successfully auditing the Request ICO, we believe the project has a good chance to gain traction when the protocol rolls out.

Read More
cryptobriefing.com
News, reviews

The Quantstamp ICO token (QSP) is specifically designed to take advantage not just of the blockchain, but of that which the blockchain was invented to enable. Its utility is therefore diversified beyond the world of cryptocurrency and into powering and auditing smart contracts both on the QSP and Ethereum networks - hence our 'exceptional' rating.

Read More
bitcoinexchangeguide.com
News, reviews

Blockchain technology is very secure. However, smart contract technology is not inherently secure. Smart contract are only as secure as the code within those smart contracts, and that code is written by individual developers or teams. Obviously, there have been a number of well-published smart contract vulnerabilities – starting from the infamous hack of The DAO in 2016. In July 2017, a hacker stole $30 million due to a one word bug in the smart contract code in Parity’s multi-signature wallet.

Quantstamp envisions a future where it’s easier for individuals to audit their smart contract code. Quantstamp is a decentralized network that rewards people with tokens in exchange for capturing bug bounties.

Unlike many other ICOs currently underway, Quantstamp also has a working demo available. In that demo, you can see how the platform could be used to prevent attacks like the one that took down The DAO in 2016.

Read More
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