Quai Network ($QUAI) is a Layer-1 blockchain designed to address scalability and decentralization challenges through a novel Proof-of-Work (PoW) architecture. More
| Fully Diluted Valuation | $120.11M |
|---|---|
| 24H Trading Volume | $383,066 |
| 24H Low / High | $0.04 / $ 0.04 |
| Circulating Supply | 581.16M |
| Total Supply | 3.00B |
| Max Supply | ∞ |
| Categories | Layer 1 (L1) 4 more |
|---|---|
| Founder | Yanni Georghiades 4 more |
| Website | qu.ai Whitepaper |
| Socials | 5 more |
| Explorer | Quaiscan |
| Name | Pair | OG Score |
|---|
Quai Network ($QUAI) is the native utility token of Quai Network, a Layer-1 blockchain launched on January 29, 2025, designed to address scalability and decentralization challenges through a novel Proof-of-Work (PoW) architecture.
Utilizing the Proof-of-Entropy-Minima (PoEM) consensus mechanism, Quai coordinates a hierarchy of 13 interoperable blockchains—comprising one Prime chain, three Region chains, and nine Zone chains—capable of processing over 50,000 transactions per second (TPS) with block times averaging 1.1 seconds. This multi-chain structure employs merged mining and sharding to ensure high throughput without compromising security, as all chains share 100% of the network’s hash power.
The $QUAI token powers smart contracts, supports decentralized finance (DeFi) applications, and facilitates governance, while the network’s energy-backed stablecoin, Qi ($QI), maintains value stability tied to real-world energy costs, offering a decentralized alternative to fiat systems. With a total supply of 3 billion tokens and 484.3 million circulating, Quai Network integrates Ethereum Virtual Machine (EVM) compatibility, enabling seamless dApp deployment. Its mainnet, backed by over 120,000 GPU miners and $15 million in funding, positions Quai as a robust platform for global commerce and compute economies.
Quai Network achieves over 50,000 TPS using PoEM consensus and a multi-chain hierarchy, combining scalability, PoW security, and an energy-backed Qi stablecoin for stable DeFi applications.
The founders of Quai Network are Yanni Georghiades, Alan Orwick, Jonathan Downing, Karl Kreder, and Sriram Vishwanath.
The backers of Quai Network include Polychain Capital, Alumni Ventures, Cogitent Ventures, MH Ventures, and Giga Chad Ventures, among others.
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