Groundbreaking Achievement: Saudi Woman Patents Non-Depreciating Crypto Asset
Quintes Protocol is on the verge of revolutionizing decentralized finance (DeFi) with its innovative no-depreciation cryptocurrency model, marking a significant shift in how value can be preserved and grown in the crypto market. Recently, Quintes secured protection for its groundbreaking technology through a Patent Cooperation Treaty (PCT) application, under the number PCT/IB2024/061188, granted by the World Intellectual Property Organization (WIPO). This patent ensures the protocol’s innovative approach is safeguarded globally, positioning Quintes as a disruptive force in the rapidly evolving cryptocurrency landscape.
The visionary behind this bold initiative is Rand Al Kharashi, a young and dynamic Saudi entrepreneur, who is determined to reshape the future of DeFi. Through the acquisition of the WIPO PCT, Al Kharashi solidifies her mission to bring the world’s first perpetually appreciating cryptocurrency to market, with the unique Quintes Protocol designed to generate consistent price growth at an expected annual rate of 18-30%. Al Kharashi is confident that Quintes will not only challenge the status quo but will also redefine what is possible in cryptocurrency investments, offering long-term, stable value.
Al Kharashi expressed her excitement about this milestone, stating, “This is more than a milestone for Quintes Protocol – it’s an affirmation that exceptional and continued value can be created in the crypto field. Quintes is the world’s first crypto asset engineered for continued high price growth. Backed by intensive research, verifications, and the expertise of renowned token engineers and researchers from leading blockchain companies, Quintes has one mission: to pioneer the future of DeFi with unmatched growth.”
The Quintes Protocol, at the heart of this breakthrough, introduces QNT – the first cryptocurrency asset designed for consistent and predictable appreciation. Unlike traditional cryptocurrencies like Bitcoin and Ethereum, which experience volatile price swings, QNT is engineered with a unique over-collateralization strategy, novel cryptonomics, and AI-driven high-frequency trading mechanisms. These features combine to create a secure price appreciation of 18-30% annually, addressing the core challenges in the crypto space, such as asset depreciation and the unpredictable nature of growth cycles.
Al Kharashi emphasized the importance of this approach, stating, “We’ve seen the potential for cryptocurrencies to achieve great returns for investors, but that growth is fickle. Growth bubbles occur, burst suddenly and unexpectedly, and the value is often lost. It may be possible for an asset to rebuild to match or even exceed its previous high, but there’s always an element of risk. The value of existing crypto, and even more traditional investment assets, is never guaranteed. That is what inspired the creation of Quintes and the concept of perpetual growth, based on predictable collateral value appreciation.”
Securing the PCT patent is a crucial step in ensuring the protection and global scalability of Quintes Protocol. This patent not only shields the intellectual property but also lays the groundwork for the protocol’s international expansion. As part of its long-term strategy, Quintes intends to make its protocol open-source in the future, encouraging wider adoption and further innovation.
The development of Quintes Protocol has been driven by extensive research from Kitabq Research Lab, founded by Al Kharashi. Over the past two years, Kitabq’s in-depth cryptonomics research has played a vital role in refining the protocol’s architecture and mechanisms. The technical development of Quintes is supported by a team of world-class engineers and data scientists, hailing from prestigious organizations such as ConsenSys, Binance, Algorand, and Morgan Stanley. This team has collectively raised over $600 million in capital and has been instrumental in delivering successful projects in both Web3 and Web2 domains.
Looking ahead, the Quintes Protocol is poised for its official launch in January 2025, with high expectations from the DeFi community. The recent simulation tests of the protocol have demonstrated its robust performance, even in bearish market conditions, which highlights its resilience and potential to thrive in various market environments. As the team prepares for its groundbreaking debut, it is actively seeking investment to support its growth and vision for the future of decentralized finance.
In conclusion, Quintes Protocol represents a revolutionary leap in the world of DeFi, offering investors a stable and predictable growth model that is unlike any cryptocurrency asset in the market today. With its innovative approach, top-tier research backing, and the expertise of a world-class development team, Quintes is set to lead the way in transforming the cryptocurrency landscape and establishing a new standard for perpetual value appreciation in the DeFi space.
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