Quantstamp
About Quantstamp
The price of Quantstamp (QSP) is $8.504549e-4 today, as of Sep 16 08:19 p.m., with a 24-hour trading volume of $0. Over the last 24 hours, the price has decreased by -22.99%. Quantstamp currently has a circulating supply of 713.80M and a market cap of $607,056.34.
QSP is the native token of Quantstamp, a company that audits blockchain protocols and maintains a decentralized auditing tool called the Quantstamp Security Network.
The network pays out QSP tokens to validators that automatically scan Ethereum smart contracts for common vulnerabilities. The protocol also issues automated bounties that reward white-hat hackers who inform smart contract developers of bugs they have found.
QSP was released in November 2017 at 18 cents per token, shortly after the project raised about $30 million in an initial coin offering (ICO). The token launched with a total supply of 1 billion tokens.
In January 2018, the Ethereum blockchain-based token hit its all-time high of 87 cents. It fell along with the wider crypto market in the subsequent months, and by December 2018, QSP had sunk to just over 1 cent.
During the crypto boom of 2021, QSP’s price rose to a high of 13 cents in early April before falling to 2 cents in July. A brief revival in January 2022 brought the token to 9 cents, but it had fallen back to 2 cents by June 2022.