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Summary
- Project Quantum is a decentralized gaming platform, which raises funds through its native cryptocurrency QBIT.
- QBIT tokens soared over 275 per cent on Thursday, July 29, and its trading volume swelled by 1,50 per cent.
- The gaming crypto is currently available for trade on autonomous exchange PancakeSwap.
Gaming cryptocurrency Project Quantum skyrocketed as much as 275 per cent on Thursday, July 29, with a one-day volume rise of 1,050 per cent.
Project Quantum is a virtual reality (CR) gaming platform. It was launched by Quantum Works that was founded by Fraser Gordon in 2021.
The decentralized gaming platform has an AAA gaming ranking, and it offers a VR studio for players.
The project is completely funded by its own crypto QBIT, which is built over Binance’s smart chain. It is also known as the BEP20 token because of its written smart contract on the Binance blockchain platform.
The London-based Quantum Works is also planning to launch more gaming titles, but Project Quantum continues to be the working title. Quantum Works is tapping advanced technology to grow in the gaming industry and raising funds through its utility crypto token.
Project Quantum’s use case
Online users are more likely to engage in a game that helps them earn along with having fun. The Project Quantum enables its users to develop their in-game products and sell them to their fellow players. The gaming asset developers get paid directly through QBIT tokens. On top of that, buyers of the in-game features can also resell them to other players.
Quantum Works aims to bridge the gap between gaming and investing. VR gaming enthusiasts have been interacting with its platform using cryptocurrency and earning non-fungible tokens (NFTs) during their gaming journey.
QBIT token’s value may rise as Project Quantum migrates to other gaming platforms. The launch of other Quantum Works’ titles will add more weight to its native crypto. Currently, the gaming token is more than a fan token, which is available to buy, sell, and hold without playing games on its platform.
According to Quantum Work’s white paper, Project Quantum is likely to be a comprehensive multiplayer gaming interface.
Copyright © 2021 Kalkine Media
What is Project Quantum (QBIT) token’s price prediction?
Project Quantum’s QBIT coin was trading at US$ 0.000016 on Thursday. The gaming crypto has surged multiple folds since its initial coin offering (ICO) in the first week of June.
It ranks at 2990th out of 11,088 tokens, with a fully diluted market cap of 168 million. The project claims to have 207.21 billion QBIT coins in circulation against its maximum supply of 10 trillion tokens.
As per price predictions, Project Quantum crypto is already trading at an all-time high since its listing on June 7, 2021. It may extend its gaining spree in the upcoming days as the gaming platform getting traction from mainstream cryptocurrencies traders.
Where to buy Project Quantum token?
QBIT token is exclusively available on the decentralized crypto exchange of PancakeSwap. Investors can buy it through Wrapped Binance (WBNB) tokens.
