What is Quantstamp?
QSP is the native token that powers the Quantstamp protocol, which is a security protocol that focuses on providing security audits for various crypto projects. Quantstamp offers audits on smart contracts, off-chain, networking, and front-end code. Quantstamp crypto coins are required to participate in the ecosystem. You can check the live QSP price that is featured on the Quantstamp price chart above.
Who Founded Quantstamp?
Quantstamp was founded in 2017 by Richard Ma and Steven Stewart.
Since the company's founding, Quantstamp has protected more than $200 billion worth of digital assets and collected over 250 high-profile clients worldwide.
Quantstamp provides security for projects like Ethereum 2.0, OpenSea, Visa, Binance, Polygon, Decentraland, and even governments like the Government of Dubai, among others. Besides, Quantstamp is backed by venture capital investment firms like YCombinator, Dubai Future Accelerator, and other notable investors.
Use Cases of QSP?
Quantstamp tokens have a variety of use cases on the protocol. For starters, QSP coins can be used to purchase and improve services on the Quantstamp ecosystem.
Besides that, QSP tokens are used to reward users for contributing to the project. Users can become computing power contributors, bug finders, smart contract validators, and smart contract creators.
Lastly, holders of QSP tokens have the right to participate in the governance process of the Quantstamp crypto project. They can vote on proposals concerning smart contract validity, upgrades, and further development.
The use cases of QSP tokens are expected to expand as their demand increases, which may also affect the QSP price. Though you can check the live Quanstamp price above.
