{"id":4358,"date":"2022-03-05T20:42:58","date_gmt":"2022-03-05T20:42:58","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/quanta-utility-token-whitepaper\/"},"modified":"2022-03-05T20:42:58","modified_gmt":"2022-03-05T20:42:58","slug":"quanta-utility-token-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/quanta-utility-token-whitepaper\/","title":{"rendered":"Quanta Utility Token \tWhitepaper"},"content":{"rendered":"<div id=\"post-9063\">\n<div class=\"entry-content\" readability=\"70.762409369771\">\n<p>The establishment of blockchain-based gaming alternatives has been a recognized possibility for nearly a decade already. Few decentralized gaming projects, however, have truly taken into account the implications of government regulation. Everyday, innovative projects are being shuttered by regulators, largely due to their founders\u2019 hubris with regards to the law.<\/p>\n<p>The Quanta lottery, founded by experts in both \u2018fintech\u2019 and \u2018regtech,\u2019 is the first decentralized gaming organization that succeeds at combining advanced decentralization techniques \u2013 such as smart-contract powered random number generation (RNG) \u2013 with business practices that are compliant with government regulation.<\/p>\n<p>Quanta\u2019s primary technical innovation lies in the manner by which lottery winners will be selected \u2013 the Ethereum-powered RNG protocol referred to as \u2018RANDAO.\u2019 This RANDAO feature has been thoroughly tested by NMI, and has received a remote gaming operator\u2019s license in the Isle of Man. This makes Quanta the first legally operating blockchain lottery anywhere in the world.<\/p>\n<p>It is expected that Quanta will solve many issues currently faced within the lottery industry worldwide. As a platform, Quanta will form the basis of an entire ecosystem, with the lottery at its core. A system of cryptotokens will enable secure interactions and transactions between Quanta participants, including advertisers (affiliates), white label licensees, RANDAOparticipants, players, and other community members.<\/p>\n<p>In terms of vision, Quanta\u2019s goal is to provide universal access to fair lottery services, whether this be for entertainment purposes or for charity. This document is intended to elaborate on this vision, and to make readers aware of the true humanitarian potential for the lottery.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/11\/Quanta.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">Quanta<br \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The establishment of blockchain-based gaming alternatives has been a recognized possibility for nearly a decade already. Few decentralized gaming projects, however, have truly taken into account the implications of government regulation. Everyday, innovative projects are being shuttered by regulators, largely due to their founders\u2019 hubris with regards to the law. The Quanta lottery, founded by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4358","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=4358"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4358\/revisions"}],"predecessor-version":[{"id":4359,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4358\/revisions\/4359"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=4358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=4358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=4358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}