Qtum
QTUM
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Qtum is an established layer-1 protocol combining Bitcoin's UTXO model with EVM smart contract execution under Proof-of-Stake consensus. Active development remains strong (7.5/10), evidenced by consistent alignment with Bitcoin Core releases (up through v30.2), EVM hard forks (v27.1, v29.1), and audited integrations like Sayfer for MetaMask Snap. Tokenomics (6.0/10) display clear rules with a fixed 107.8M hard cap and quadrennial block halvings, though live staking and demand-side usage metrics were not detailed. Team and Governance (6.5/10) show experienced public founders (Patrick Dai, Jordan Earls) and a hybrid Decentralized Governance Protocol (DGP), offset by foundation-heavy control. Security and Audit History (4.5/10) shows an unblemished operational record with no exploits, hacks, delistings, or regulatory enforcement, but its section score was capped internally due to an unrecovered drawdown exceeding 90% from its 2018 peak; per instructions, price drawdowns do not trigger the overall red-flag cap. Significant data gaps were encountered in Community Support (-1.0) and Market and Use Case (-1.0), the latter caused by ticker collision with the Defiance Quantum ETF (NYSE Arca: QTUM). Excluding the two -1.0 sections and redistributing weights across the four remaining sections yields an overall score of 6.2/10.
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 Qtum (QTUM)
Qtum (QTUM) is an open-source layer-1 blockchain protocol founded in 2016 by Patrick Dai and Jordan Earls following a 2017 initial coin offering. The platform combines Bitcoin's Unspent Transaction Output (UTXO) accounting model with an Ethereum Virtual Machine (EVM) compatible execution layer, securing the network through a Proof-of-Stake consensus mechanism. The hybrid architecture is designed to support smart contract execution and decentralized applications while retaining Bitcoin's transaction model.
The QTUM token functions as the native asset for transaction gas fees, network staking, and parameter governance. The protocol implements a verifiable hard cap of 107,822,406 tokens with emissions controlled by quadrennial block reward halvings. Software development has maintained ongoing alignment with upstream Bitcoin Core releases up to v30.2, alongside hard fork upgrades such as v27.1 and v29.1 to integrate EVM updates and BLS12-381 precompiles. Ecosystem tooling includes a Certik-audited Ethereum bridge and a Sayfer-audited MetaMask Snap integration, alongside security review work conducted by Hacken.
Governance operates under a hybrid model utilizing the Decentralized Governance Protocol (DGP) for selected on-chain parameter adjustments without requiring hard forks, though broader strategic management remains foundation-directed with centralized oversight. The token has experienced a major, unrecovered market downturn, falling over 90% from its January 2018 all-time high of more than $90 per token.