Quadrant Protocol
EQUAD
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
EQUAD (Quadrant Protocol) demonstrates comprehensive project dormancy across all evaluation pillars. Active development has ceased, with zero recorded updates, GitHub commits, or changelogs found between 2024 and 2026. Community channels, social engagement, and governance activity are non-existent. The tokenomics show a static 1 billion supply without defined vesting schedules or active utility mechanics. Market presence is virtually extinct, marked by daily trading volumes under $10, negligible liquidity, and severe price drawdowns (~98% below ICO price). Furthermore, the core project appears to have pivoted or been absorbed (the main site represents Quadrant as an Appen company focused on location data with no ongoing blockchain integration), leaving the token without active development, third-party audits, or governance stewardship.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Quadrant Protocol (EQUAD)
Quadrant Protocol (EQUAD) is an abandoned ERC-20 token on the Ethereum network that was originally conceived as a data-authenticity and provenance protocol. Designed around a dual-token model featuring Proof of Authority consensus and an external Proof of Work anchor, the project was founded by Mike Davie, Navas Khan, and Torsten. The protocol has since ceased operations and active maintenance, with the Quadrant brand acquired or absorbed as an Appen company focused on location and point-of-interest data without ongoing blockchain integration.
The EQUAD token operates on Ethereum with a total supply of 1,000,000,000 tokens. The protocol's architecture did not implement decentralized governance or on-chain community voting, instead assigning treasury decisions directly to the company's discretion. Public documentation does not provide verifiable token burn mechanics, vesting schedules, or active utility functions.
EQUAD exhibits severe market and developmental risks, with no recorded development commits, audit verifications, or community engagement between 2024 and 2026. The token has experienced a major price collapse, trading down roughly 98% from its initial coin offering (ICO) price of $0.05. It suffers from near-zero daily trading volume, lack of market liquidity, and apparent exchange delistings, rendering the token effectively dormant.