What is the Qredo network?
Qredo is reimagining digital asset ownership and blockchain connectivity. Qredo, a radically new approach to bringing liquidity and capital efficiency to the blockchain economy, paved the way for the first trustless, decentralized multi-party computing (MPC) custody network. This advancement enables Qredo to offer decentralized custody, native cross-chain exchanges, and access to cross-platform liquidity. Qredo works at the forefront of cybersecurity and blockchain. Using the latest innovations in cryptography and distributed ledger technology, Qredo offers a powerful global network for the protection and exchange of digital assets. Who is the main team of Qredo?
Anthony Foy, the CEO, is a digital veteran and serial entrepreneur. He has over 20 years of experience in VC backed growth companies with 4 successful launches. Anthony teamed up with Brian Spector, the CPTO, a cybersecurity expert and serial entrepreneur with a background in advanced cryptography. In Q1 2021, Josh Goodbody joined Qredo as COO – he is a well-known COO with experience scaling the world's largest crypto exchanges (eg Binance, Huobi Global). What does QRDO do?
The QRDO token provides a means of utility and governance to the Qredo network. Qredo is designed to include a "user-centric" incentive structure that financially favors participants in the Qredo network by driving user adoption and usage of the network. The design takes into account the incentives required from each participant to drive a network effect. QRDO can be staked with validators and earned stake performance. Exclusive to Qredo, unacquired QRDOs are automatically staked and accumulate stake yield.