Qtum

Qtum(QTUM)

Qtum built a hybrid version of Bitcoin and Ethereum. Using an abstraction layer between UTXO model of bitcoin and Ethereum VM, Qtum combines bitcoin security and Ethereum smart contracts. it is an open source project build primarily for businesses.
  • Market Cap
    $1.198.111.419
  • Price
    $13.5191
  • Category
    Platform
  • Origin
    Singapore
  • Team Size
    15-25
  • Initial Release
    19/12/2016
  • 10-8 High Potential
  • 8-7 Potential
  • 7-6 Considerable
  • 6-5 Risky
  • 5-0 Scam
Satoshi Rating
  • Product Ratings
    7.3
  • Team Ratings
    7.4
  • Execution Ratings
    7.1
Product
  • The need for the product ⓘ

    8
  • Total addressable market size ⓘ

    9
  • Product/market fit ⓘ

    7
  • How is the product compared to existing solutions? ⓘ

    7
  • How difficult is to make the product? ⓘ

    8
  • Could this product scale? ⓘ

    8
About Product
Qtum is a dapp platform much like NEO, EOS, and Icon. The main difference is that Qtum didn't build a new project but combined ETH and BTC. This way Qtum can get updates designed for ETH or BTC with some modifications. Also smart contracts developed for Ethereum would be able to run on Qtum. This makes adoption easier. Qtum supports scalability solutions like Raiden and Lightning Network. While this is all good, it is not easy to maintain an abstraction layer with two highly active codebases. Moreover, the new projects tries to solve problems ETH and BTC face. Using existing codebase comes with those problems too.
Team
  • Team's previous experience ⓘ

    8
  • Does the team have a clear vision? ⓘ

    8
  • Is technical team sufficient for building the product? ⓘ

    8
  • Is the team active? ⓘ

    8
  • Is the team size big enough? ⓘ

    7
  • How is the team growth? ⓘ

    8
About Team
Qtum team comes from both the Bitcoin and Ethereum communities, mostly developers. The source code is open and active. While advisors are good, we would expect more management background from blockchain that targets businesses.
Execution
  • Could this team get the product into a market? ⓘ

    8
  • Could they do it in time? ⓘ

    8
  • Did they meet previous deadlines? ⓘ

    8
  • Is the marketing strategy sufficient? ⓘ

    7
  • Team’s previous achievements ⓘ

    8
  • Strategic partnerships ⓘ

    7
  • Current market size ⓘ

    7
About Execution
As of Q1 2018, there are 10+ dapps on the market build with Qtum. The platform needs more quality apps and partnerships. Currently, crypto space is very crowded with platforms for dapps. Most of them target businesses as well. While there might be a room for it now, in the long run, Qtum or some other player might take up more space in the ecosystem.

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Initial Rating: April 22, 2018

Last modified: June 4, 2018