Quantfury Token (QTF)

What is Quantfury (QTF)?

Quantfury Token (QTF) is a cryptocurrency launched in 2019, operating on the Ethereum platform. The QTF token represents the Quantfury trading platform's economy and business model. It enables token holders to share ownership of the platform's spread revenues. This spread is derived from the average value between the bid and ask prices for all trade positions closed by Quantfury app users on a monthly basis. Quantfury itself is a trading platform that was made available globally (excluding the United States and Canada) from December 2018. The platform offers users the ability to trade and invest in stocks, cryptocurrencies, index, and commodity futures contracts at real-time spot prices of global and crypto exchanges, with the notable feature of zero fees.

What is Quantfury (QTF) used for?

QTF tokens are used to distribute a portion of the platform's spread revenues to token holders. This distribution is based on the average spread value of all trade positions closed within the Quantfury app each month. As a result, holding QTF tokens entitles owners to a proportional share of these revenues. Additionally, the token plays a role in the governance and economic model of the Quantfury platform, aligning the interests of the platform's users and stakeholders.

Who created Quantfury (QTF)?

Quantfury was founded in 2017 by Lev Mazur along with other financial industry veterans with over 100 years of combined financial markets and product experience. The founding team includes members like Alexander Kalenkov, with extensive senior banking experience, and Roman Kashcheev, who oversees the platform's operations. The team consists of over 100 financial and technology professionals working in various capacities across six countries. Early investors and advisors of Quantfury include Invictus Hyperion Fund and Pourdad Capital Partners.