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Qredo Qredo

QRDO price
0.0371848 USD -8.68% 0.00000059 BTC

Financial indicators QRDO

  • Rank: 795
  • Market Cap: 26154500 $
  • 24 Hour Volume: 595639 $
  • Total Supply: 1293850000
  • Circulating Supply: 703364000 (54%)

What is Qredo?

What is the Qredo Network? Qredo is rearchitecting digital asset ownership and blockchain connectivity. A radical new approach to bring liquidity and capital efficiency to the blockchain economy, Qredo has pioneered the first decentralized trustless multi-party computation (MPC) custodial network. This advancement enables Qredo to offer decentralized custody, native cross-chain swaps, and cross-platform liquidity access.

Qredo works at the cutting-edge of cybersecurity and blockchain. By utilizing the latest innovations in cryptography and distributed ledger technology, Qredo delivers a powerful global network for securing and trading digital assets.

Who are the core Qredo Team? Anthony Foy, the CEO, is a Digital veteran and serial entrepreneur. He has 20+ years experience in VC-backed growth companies with 4 successful exits. Anthony teamed up with Brian Spector, the CPTO, who is a Cyber Security expert and serial entrepreneur with a background in advanced cryptography.

In Q1 2021 Josh Goodbody joined Qredo as the COO - he is a well known operational executive with experience in scaling the world’s largest cryptocurrency exchanges (e.g. Binance, Huobi Global).

What does QRDO Do? The QRDO token provides a means of utility and governance to the Qredo Network. Qredo is designed to include a “user centric” incentive structure that economically favors the participants of the Qredo Network - driving user adoption and utilization of the network. The design takes into consideration the incentives required for each participant to drive a network effect. QRDO can be staked with validators and staking yield earned. Unique to Qredo, unvested QRDO are automatically staked and accrue staking yield.

Chart QRDO
Technical analysis
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