Historic Breakthrough: Saudi Woman Patents Non-Depreciating Cryptocurrency
Protected by a newly secured Patent Cooperation Treaty (PCT) PCT/IB2024/061188 from the World Intellectual Property Organization (WIPO), the Quintes Protocol represents a revolutionary step in the cryptocurrency market. This innovative protocol offers a unique approach to perpetual asset growth, designed to ensure long-term value stability. It aims to establish itself as a disruptive global force within the rapidly evolving decentralized finance (DeFi) space by delivering sustainable, high-yield returns in an industry often marked by volatility.
The visionary behind Quintes Protocol is Rand Al Kharashi, a pioneering young Saudi entrepreneur determined to reshape the world of DeFi. By securing this critical PCT protection, Al Kharashi has reinforced her mission to upend traditional cryptocurrency paradigms. Quintes is heralded as the world’s first perpetually appreciating crypto asset, with the potential to increase in price annually by 18% to 30%. Al Kharashi emphasized the importance of this milestone, stating, “This achievement is not just a milestone for Quintes—it’s a testament to the fact that sustainable, consistent value creation is possible in the crypto sector. Quintes is engineered for continuous high price growth, underpinned by exhaustive research and the expertise of top token engineers and blockchain researchers. Our aim is to redefine DeFi, setting a new benchmark for value creation in the crypto economy.”
At the core of this revolutionary protocol is the QNT token, a groundbreaking digital asset designed to address two of the most significant challenges in cryptocurrency: the lack of sustainable high yields and the persistent threat of asset depreciation. QNT is structured to achieve secure price appreciation through a sophisticated combination of over-collateralization strategies, cutting-edge cryptonomics mechanisms, and AI-driven high-frequency trading. Unlike traditional assets or even leading cryptocurrencies like Bitcoin and Ethereum, QNT aims to deliver predictable and sustained growth, providing a much-needed alternative for investors seeking stability and consistent returns.
Al Kharashi explained the inspiration behind the Quintes Protocol, saying, “While cryptocurrencies have demonstrated their potential for incredible returns, the associated risks are equally high. Market bubbles form and burst unpredictably, often erasing significant value. Traditional assets, while more stable, do not offer guaranteed growth. This inspired the creation of Quintes—a solution designed for perpetual growth based on predictable value appreciation, mitigating the risks that typically plague the crypto and traditional investment markets.”
The decision to secure a PCT patent underscores Al Kharashi’s commitment to safeguarding the groundbreaking technology behind Quintes Protocol on a global scale. The patent ensures that the protocol’s innovative mechanisms are protected in numerous countries, providing a robust foundation for its planned international expansion. Furthermore, the PCT filing demonstrates the strategic foresight to prepare Quintes for eventual open-source development, which could further solidify its position as a leader in the DeFi sector.
The Quintes Protocol is built on a foundation of rigorous research conducted by Kitabq Research Lab, an institution founded by Al Kharashi herself. For over two years, Kitabq’s cryptonomics research has played a pivotal role in shaping the architecture and mechanisms that define Quintes. Those interested in exploring the lab’s cutting-edge research can visit Kitabq’s official website for more information. Quintes’ development team is composed of elite token engineers and data scientists from prominent organizations such as ConsenSys, Binance, Algorand, and Morgan Stanley. This highly skilled team has collectively raised over $600 million in capital and successfully exited multiple ventures in both the Web3 and Web2 spaces.
The launch of the Quintes Protocol is scheduled for January 2025, marking a significant milestone in the DeFi landscape. Investors and stakeholders eager to be part of this groundbreaking project have an exciting opportunity to engage in the early stages of what promises to be a transformative force in the industry. Recent simulation tests have demonstrated Quintes’ ability to perform positively even in bearish market conditions, underscoring its resilience and potential. As the launch date approaches, the Quintes team is actively seeking investment to propel its vision forward, ensuring that the protocol is well-positioned to make a lasting impact on the global cryptocurrency market.
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