QANplatform
QANX
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
QANplatform (QANX) is a quantum-resistant Layer-1 hybrid blockchain project founded in 2019. Across evaluations, the project demonstrates consistent technical progress, including open-source token contracts, multi-language SDK repositories, a recent Hacken cybersecurity audit for its QAN XLINK cross-signer protocol, and a verified $15M Series A funding round. However, the asset remains constrained by several fundamental factors: core MainNet launch has experienced prolonged delays, leaving QANX operating primarily as an ERC-20/BEP-20 bridge asset during its extended TestNet phase. Governance remains centralized within the corporate entity with private development pipelines. Furthermore, market performance reflects low daily liquidity ($20K–$60K), a modest holder base, and lack of detailed vesting schedules for the non-circulating supply (~49%). No qualifying red-flag incidents or security exploits were identified on the current QANX token.
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 QANplatform (QANX)
QANplatform (QANX) is a quantum-resistant Layer 1 hybrid blockchain founded in 2019 and headquartered in Tallinn, Estonia. The network is designed with Ethereum Virtual Machine (EVM) compatibility, multi-language smart contract support, and enterprise cloud integrations. The project's current token, QANX, succeeds its legacy pre-rebrand token, QARK. While the native network remains in an extended TestNet stage, QANX functions as a dual-chain bridge token deployed on both Ethereum (ERC-20) and BNB Smart Chain (BEP-20).
The QANX token has a fixed maximum supply of 3,333,333,000 units, with roughly 1.7 billion tokens in self-reported circulation. The token is structured to support network transaction fees, staking, governance, and developer royalties. QANplatform completed a $15 million Series A funding round in December 2023 under the leadership of CEO Jevgenia Kim and co-founder Endre Abraham. Its smart contracts and QAN XLINK cross-signer protocol have undergone security audits by Hacken and CertiK.
Several structural and market risks have been identified regarding the project. Core MainNet deployment has experienced prolonged delays, leaving the token in a pre-mainnet transitional state. Governance remains centralized within the corporate entity without an active decentralized autonomous organization (DAO) or on-chain voting mechanism, and development has largely utilized private repositories prior to MainNet release. Furthermore, the project lacks a public vesting schedule for the approximately 49% non-circulating supply, experiences light trading liquidity, and historical exchange actions include a February 2022 delisting of the legacy QARK token on zondacrypto prior to the transition to QANX.