Quantum DAOPrice

($QTDAO)

Quantum DAO is an open-source initiative dedicated to safeguarding the blockchain industry from the emerging threats posed by quantum computing. Its core mission is to fund and support the development of quantum-resistant technologies and to educate the community about these critical security risks. It aims to build a robust defense against potential quantum attacks on existing cryptographic systems.

Quantum DAO operates under a decentralized governance framework, funding open-source and public-good projects dedicated to developing quantum-resistant technologies. Its treasury is supported by a 5% transaction fee applied to buy and sell orders, providing consistent resources for project development and ongoing operations. This model ensures sustainable support for its mission to safeguard blockchain infrastructure.

The $QTDAO token serves multiple functions within the ecosystem. It can be used for various decentralized finance activities such as staking and lending. Crucially, $QTDAO plays a vital role in the DAO's governance. To submit a new proposal, applicants must burn a specific amount of $QTDAO tokens, ensuring commitment and filtering for serious contributions to the project's direction.

Quantum DAO specifically addresses several major threats stemming from quantum computing advancements. These include the potential compromise of private keys, breaches of elliptic curve cryptography, the feasibility of 51% attacks, hash function collisions, vulnerabilities in existing encryption methods, and the breaking of RSA encryption by powerful quantum algorithms. The DAO works to develop solutions to mitigate these critical security challenges.

$QTDAO tokens can be acquired through several avenues. Users can purchase them on centralized cryptocurrency exchanges such as LBank, or through various decentralized exchanges (DEXs). Additionally, individuals can earn $QTDAO for free by participating in community-driven initiatives like Learn2Earn programs, Assist2Earn programs, or by receiving tokens through airdrop distributions.

To submit a proposal to Quantum DAO, applicants are required to burn a specific amount of $QTDAO tokens. Once submitted, these proposals undergo an initial review by the "Smartest Minds," a group comprising select experts and community-elected leaders. Following this review, viable proposals are then put forward for community-wide voting, where participants cast their votes using their $QTDAO tokens.