What is Quiztok (QTCON)?
Quiztok is a blockchain-based quiz platform that was built as a knowledge-sharing platform. It filters, refines, and compresses information in the form of quiz content. It essentially allows users to create various quizzes and participate in them.
QTCON is the native utility token of the Quiztok platform. In the Quiztok price chart above you can find the current QTCON price.
Besides, the Quiztok crypto project also has an advertising channel for brands that may want to advertise on the platform. However, users of the platform have the ability to choose what type of adverts they may want to see.
Quiztok rewards its users with points for solving puzzles and watching adverts. These reward points can then be converted into QTCON tokens.
Use Cases of QTCON
As users convert their reward points into QTCON coins, they get to spend them in different ways. They can exchange QTCON crypto tokens for fiat, cover various payments within the network, or use them to make donations to charities.
Besides, brands need QTCON tokens to upload their adverts on the platform. QTCON payments made by advertisers are saved in the Quiztok reward pool.
Users can earn QTCON tokens on the platform by being quiz curators or players. As a quiz curator, you distribute quizzes created by other members to your followers and earn reward points for doing that. As a player, you simply solve the quizzes to get rewarded.
Don't forget to check the current QTCON price on the aforementioned Quiztok price chart.
Who Founded Quiztok?
The Quiztok crypto project was founded by Changsup Jeon (CEO), Keunwoo Lee (Vice President), and David KY Jung (CFO).
QTCON Tokenomics
On the 25th of April, 2019, 12 billion QTCON tokens were issued setting the maximum supply to this exact number. These tokens have been distributed to various sections of the QuizTok ecosystem. Although the specifics of the distribution are not public, they are shared between reward pools, the community, public and private sales, the team, and the advisors. These tokens also have different vesting schedules and are released into circulation according to a timetable. This is done to maintain and stabilize the QTCON price.
You can observe the Quiztok price chart featured above to get a broader idea of the current value of the QTCON token and its recent changes.
