Quint’s creators arrogantly claim their token can connect the universe to the real world. A group of investors commissioned Team Quint to build an ecosystem that reflects accomplishments in life.
The Quint (QUINT) ecosystem contains a boutique NFT marketplace, a super-staking platform, and the Quint Shop. The boutique NFT Marketplace will create art displayed in a physical digital Token Frame. A Token Frame is an electronic device that stores a nonfungible token and projects it onto a screen. Quint claims they will ship the art to people’s doors.
The Super-Staking Platform rewards stakers with luxury prizes and other rewards. This Super Staking Platform offers access to Conventional Pools, Quintessential Pools, and Luxury Raffle Pools. Conventional Pools give stakers crypto rewards, the Quintessential Pools will reward stakers with exotic holidays and other luxury rewards, and the Luxury Raffle Pools will reward stakers with world luxury prizes.
The Quint Shop allows users to shop for tokens and NFTs. They call Quint a multiverse of applications.
The Quint (QUINT) token
Quint (QUINT) is the Quint Ecosystem’s flagship token. They hope to popularize Quint by combining with “real-world incentives” such as luxury goods and physical asset creation.
To attract investors to the Quint Ecosystem, the Super-Staking Pools will offer incentives such as hotel stays, supercar experiences, discounts on real-estate, hotel bookings, restaurant meals, spa days, and more. The Luxury Raffle Pools will offer another layer of prizes.
Team Quint hopes to finance its ecosystem with hard assets, including real estate, and crypto. They hope to develop luxury real physical real estate and sell fractional ownership in that real estate.
In other words, they plan to sell time shares. Given the reputation of time shares in the United States, this could be a questionable move. In the USA, there are actually companies that make money by buying people out of time shares.
A Metaverse Arts Club will give investors in Quintessential Pools access to additional layers of art.
Real-World Assets
They hope to add real-world collectibles to Quint’s Treasury and the super staking pool. I imagine they will peg those collectibles to Quint tokens, creating a synthetic investment similar to a stablecoin.
Other Real-World Assets, Quint Team hopes to offer include fractional ownership in luxury real estate. The ultimate hope is to add hard assets to Quint’s Total Value Locked (TVL) to avoid some market fluctuations.
A Quint Shop will sell Quint Merchandise, including t-shirts, hoodies, shoes, shirts, and jackets. Users can create Quint Merchandise and bid on Quint Merchandise in the Quint Shop.
They claim Quint has real world titans to lead. However, I’ve never heard of the real world titans. The Titans’ leader is Mohammed Al Bulooki, the Chief Operating Officer of Etihad Aviation Group. Rahul Chaudhary is a Managing Partner of Quint and a Managing Director of CG Corp. Global — the only truly Nepalese multinational conglomerate.
What Value Does Quint (QUINT) Offer?
Mr. Market has some interest in Quint (QUINT). CoinGecko named Quint the second-most trending cryptocurrency in the United States on 27 August 2022.
In contrast, Quint was CoinMarketCap’s 3,040th largest cryptocurrency, with a $1.47 Coin Price on 30 August 2022. CoinMarketCap gave Quint a $1.195 billion Market Cap, a $1.173 billion Fully Diluted Market Cap, and a 24-Hour Market Volume of $609,045 on 30 August 2022. They base those numbers on an 800 million QUINT Self Reported Circulating Supply and a Maximum Supply of 800 million QUINT.
Conversely, CoinGecko gave Quint a $1.43 Coin Price, a $1.182 billion Fully Diluted Valuation, and a 24-Hour Trading Volume of $498,046 on 30 August 2022. Notably, CoinGecko does not rank Quint.
I think Quint is an over-hyped idea for a cryptocurrency that offers little value. In particular, I’m not sure there will ever be a market for the Token Frames and the fractional ownership. Therefore, I advise speculators to stay far away from Quint (QUINT).