At the start of August, the Quanta Network Token Utility (QNTU), a blockchain based lottery protocol gained listing on one of Taiwan’s major cryptocurrency exchanges, BitoPro. The announcement made on August 1st through their social pages, indicated that the coin’s listing will commence on August 10th 2018.
The world of betting and lotteries has in a long time been the cause of much doubt amongst its participants and other stakeholders. The process to determine winning formulas has long been deemed to be externally manipulated as the numbers are not randomly generated. The increase in doubt in the sector of gambling and betting is however set to be eradicated with the launch of Quanta, a blockchain lottery protocol.
BitoPro exchange was launched back in 2015 in Taiwan with the company focusing on making the purchase of Bitcoin simpler and more efficient in the country. A total of over 3000 Family Mart convenient stores were opened across Taiwan on the multi-service touchscreens in these stores. This number has exponentially grew in the last 3 years to over 5000 paying points to access Bitcoins in the convenient stores.
The listing sees QNTU become only the 13th token to get listing on BitoPro, an exchange under BitoEX digital asset exchange. The token has continued to gain attention and attraction from investors after this recent listing. We expect the listing on BitoPro and Lykke exchange to have a great impact on the overall value of QTNU in the near future.
Taiwan has long been dominated by the BitoPro exchange with over 250,000 members registered on the site which represents close to 80% of the cryptocurrency enthusiasts in the country. This opens up a new marketplace to trading QTNU which is set to increase overall adoption in the token. The exchange plans to open up more exchanges in the Asian region, starting with Singapore, Malaysia and India in the near future.
Quanta (QNTU) Gains Listing On Lykke Exchange
The listing of Quanta on BitoPro come only 3 months after the listing of QTNU on Lykke exchange in late May this year. Speaking at the launch of Quanta on Lykke exchange, the CFO at Quanta, Steven Ormond-Smith highlighted the big steps that Quanta will make in the listing. The major impact of listing on Lykke exchange will see the investors of QTNU gain the ability to buy the token through Lykke Wallet on their mobile devices and through credit cards in an instant.
With the token already placed on various exchanges, it may only be a matter of time before we see the actual growth in the value of the coin. The gain in listing on BitoPro, an exchange that has long been taunted as a future power in the cryptocurrency exchange world recently listed Tron (TRX) and QNTU will benefit from this listing in the coming future.