The Internet of Value — A paradigm shift

In the end, everything comes down to Interoperability

We sit in a unique position.

The internet as we know it now (web2) revolutionized the way we share information. For the first time in all humanity, everyone in the world had access to the same information with an increasing amount of ease, and ultimately — complete integration.

The next evolution of the internet (IoV/IoT/web3) will revolutionize how value transfers. By eliminating the need for trusted 3rd parties, the IoV creates a p2p network of value for the first time. What will be built on this will be comparable to the dot com boom and represent 10x-20x the value of the internet today.

The internet is a mesh of protocols, working together to achieve various functions. Back in the 90’s MIT worked with the Internet Engineering Task Force (IETF) to create the TCP/IP protocol, which enabled interoperability of data at a network level, creating p2p data networks for the first time.

Now, those same two organizations are working with Intel, Visa, the US Government, Juniper & other, massive telecom/payment/security companies. They’re also working with Quant, who has solved any:any interoperability at a network level through just a single API gateway. In short, the people who built the protocol that helped enable the dot com boom are now doing the same thing for the internet of value.

The Open Digital Asset Protocol is an internet-scale global standard for digital assets. ODAP is the leading approach (API gateway) to interoperability and Overledger represents the preeminent solution in this category

We’re getting ahead of ourselves though. Why does DLT matter and why is its growth inevitable?

We’ve established the IoV/IoT/web3 is disruptive through its p2p nature, disturbing existing middlemen that serve to trust data & value. Beyond the new infrastructure & application opportunities, the nature of this p2p, trustless technology allows for a substantial competitive edge. Being first to market with scalable DLT solutions is a multi-trillion dollar problem.

Why can’t big business use DLT at scale?

Currently, everything in the blockchain world is built in silos, lacking native interoperability, or the ability to connect/communicate directly. On average, it takes an enterprise ~9 months and millions of dollars to integrate a single blockchain (DLT) solution. Beyond the substantial human & economic drain, this also restricts them from easily pivoting on a strategy or using multiple DLTs at scale.

Attempts at solving this problem predominately come from building a bigger, faster, better blockchain. The issue in this is you are creating bigger islands. Any time there is a middleman in connections, elements of scalability & security are sacrificed. Real-world, network-level interoperability comes down to a direct connection. Network growth & adoption takes time, and the exponential evolution of technology ensures that standards must be built outside of the blockchain.

There’s a company that’s been the first in the world to solve interoperability by creating a patented operating system that can connect any network directly to any network. Any blockchain, any legacy system (web2+financial services+assets), any network; this operating system runs on everything at the same time and directly connects everything at internet scale & enterprise-grade security.

Overledger is the worlds first Blockchain Operating System, capable of connecting all the worlds networks

Now that’s impressive. If you're new to crypto, you might think to go invest in that company. That’s part of how web2 works, the companies (applications) built on the protocol (TCP/IP+HTTP) accrue value and you participate by speculating on their success, with stocks. You ‘own’ part of the company by holding equity.

The web3 has entirely different rules.

Value can accrue in both the protocol and the applications built on it. By owning utility tokens, you participate in the blockchain ecosystem and help secure the blockchain business model as a speculator. Their speculative value and your ability to access them ensure their value & a validators incentive. To remove incentive is to remove the inherit game-theoretic security, impossible to do so in a trustless environment.

Fundamental to DLN security, a speculator serves to support the value of a token

This means to “invest” in this company, you simply own some of its utility token. Only, these tokens aren’t just for you to invest in. These tokens are the fuel that powers these networks. Utilizing the cryptographic security of DLT, they serve as programmable fuel, allowing hundreds of different use cases and automated demands for usage. Growth and usage of the network directly increases demand for the token.

We’ve established a few facts:

· DLT adoption is inevitable

· Network:Network interoperability is required for DLT adoption

· Overledger OS is the first & only current way to achieve network:network any:any interoperability

· The same people who facilitated the internet of today are building a new internet with Quant

· The utility token powering this can accrue value relative to its network effects

The digital asset space is in its infancy, lacking distinction in both efficacies of tech solutions & their valuations. As such, opportunities to participate in early successful networks will yield enormous financial upside for participants.

As these Distributed Ledger Networks continue to expand across the world, the infrastructure powering the largest networks will have mechanisms that ensure the scarcity of their respective tokens, increasing demand & ensuring the network is secure.

Quant is uniquely positioned as a first-mover enabling interoperability (any:any network:network) at scale. This means that anyone can access every other DLT at once, just like the TCP/IP (web2) once did for data in the 90s.

Quants OS — Overledger, is one of the technology products offered by Quant, a technology company. The QNT token powers its suite of software. As previously mentioned, anyone can purchase their token and play their part in the blockchain ecosystem.

Knowing the QNT token is programmed to increase scarcity as network usage increases, an exponential wave of network effects implies the token will capture a fraction of that value.

Network effects, or the quantified exponential growth of a network, multiply programmed utility and increasing scarcity to drive value in addition to speculators

Here’s where things get wild. Stay with me here, time for some crypto math

The most effective tool for standardized valuation in digital assets is to compare the Marketcap (Price x Supply) as it shows comparable value regardless of price or supply.

Take these two scenarios:

· Token A — Price $0.50 Supply 100,000,000,000 (MC $500m)

· Token B — Price $10,000 Supply 50,000 (MC $500m)

Both tokens have the same market cap yet wildly different prices. Initially, token A seems much cheaper and with more upside potential. However, the % movements are the same. Here’s what a 50% increase looks like in both.

· Token A — 50% gain = Price $0.75 Supply 100,000,000,000 (MC $750m)

· Token B — 50% gain = Price $15,000 Supply 50,000 (MC $750m)

This generally means that coins with a massive supply offering a low per coin price are initially more attractive, the logic being I can get more tokens for my money & they are ‘cheaper’. This linear perspective is flawed, markets move in a logarithmic perspective. Failure to grasp this concept will severely limit your success in crypto.

The QNT token currently has a price of $290 and a supply of 14,600,000 tokens, making its MC $3.9b. The total crypto marketcap is $2.6T, of which Quant represents 0.15%. The IoT/IoV/web3 is expected to grow in excess of $100T in the coming years.

The next evolution of the internet is expected to have a valuation in excess of 10x-20x the current internet

Assuming a conservative estimate of $100T total crypto marketcap

· $1,000 QNT = $14.5b MC or 0.0145% of total (-1000% relative marketshare)

· $10,000 QNT = $145b MC or 0.145% of total (maintain current marketshare)

· $100,000 QNT = $1.45T MC or 1.45% of total (1000% relative marketshare)

If QNT maintains its current market share, it’s a 5-digit token at 100T Total Crypto MC. Quant enables enterprise, government & public access to every DLT in the world at once; the potential value accrual through these mechanisms has no current precedent at that scale. Capturing 1% of the IoT/web3/IoV value through enabling it at both a protocol level (ODAP) and as an OS seems more probable than just possible.

In the end, it all comes down to interoperability

In conclusion:

· Crypto/DLT is inevitable

· Retail participation is necessary

· Quant is at minimum, a first-mover & dominant player in the web3/IoT/IoV for years to come

· Usage of the network drives value in the QNT token

This article is not investment advice and is intended for educational purposes. We sit on the precipice of a complete paradigm shift in how value flows within the internet, early adopters in the right places stand to benefit greatly. I hope you have found value in these ideas and continue to seek out new information.

Thank you to @OfMiklos for helping me with the architecture, @alive_eth for the blockchain business model & @cburniske for the web3 value infographic