Qtum at Draper University

Tim Draper Introduces Qtum as the First Draper University Unicorn

At Draper University, Patrick gave an Intro to Tokens & Token Models at the executive program and informed the audience about Qtum.

Since many in the program were relatively new to the blockchain ecosystem, Patrick gave a general overview of the environment and the technology. In the history of blockchain technology, tokens didn’t really exist until the Colored Coin protocol released in 2014. Since then, Ethereum debuted the ERC-20 token standard and Qtum has a similar QRC-20 standard.

Tokenomics is a bit different from “traditional” cryptoeconomics, because most or even all tokens are produced on the initial release of a smart contract. However, tokens give the world a chance to record data in a shared ledger and track resources.

Bodhi & Qtum Meetup

On Friday, Patrick Dai introduced Qtum to over one hundred developers and blockchain enthusiasts. Patrick outlined Qtum’s approach of leveraging the current blockchain ecosystem, such as the EVM, bitcoin improvement proposals (BIPs), and lightning networks. This philosophy has guided Qtum towards building upon the many developers who contributed to the space over the last nine years, and even before.