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About Quantfury
Quantfury (QTF) is a cryptocurrency token associated with the Quantfury trading platform, launched in 2019 on the Ethereum blockchain. The token enables holders to share in the platform's spread revenues and contributes to its governance. Quantfury was founded in 2017 by a team of financial industry veterans and is supported by notable investors and advisors in the blockchain venture capital space.
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.
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.