Roadmap
Last updated
Last updated
The $QUOTO token and Quoto platform is poised to undergo an evolutionary journey from its inception as an ERC-20 token on the Base to becoming the cornerstone of the Quoto Chain, an L2 roll-up built on the Optimism Stack designed to serve as the settlement layer for all transactions within its ecosystem. This section outlines the strategic roadmap for the $QUOTO token, detailing each stage of its development and the expanded utility it will offer as the platform evolves.
Stage 1: Initial Launch on Base
Token Type: ERC-20 on Base
Primary Utility:
Governance: Token holders can participate in decision-making processes, influencing the platform's development and policy changes.
Staking: Users can stake $QUOTO tokens to earn rewards, contributing to the platform's security and stability.
Early Access: Holders gain early access to new features and token launches.
Stage 2: Introduction of the Launchpad
Launchpad Access: Holders of the $QUOTO ERC-20 token will gain exclusive access to the pre-sale of assets via a launchpad platform. This feature democratizes the token purchase process, allowing token holders to buy token in emerging talents and performances before they hit the broader market. It also provides a base level of liquidity that can be accessed by partners on our blockchain.
Secondary Market Trading: The trading of assets will be facilitated on partner exchanges, providing liquidity and market depth for these newly minted assets. This stage amplifies the utility of $QUOTO tokens by integrating them into a broader ecosystem of trading and investment.
Stage 3: Migration to Quoto Chain and Introduction of Quoto Dex (Quoto Decentralised Exchange)
Bridge to Quoto Chain: Supported by partners Conduit and Superbridge, a bridge will be configured allowing Ethereum to be transferred to Quoto Chain ahead of secondary market trading on the Quoto Dex.
Quoto Dex: Alongside the chain migration, the Quoto Decentralized Exchange (Quoto Dex) will be launched, serving as the primary platform for the issuance and trading of performance tokens. The DEX will leverage the Quoto Chain roll-up for all transactions, ensuring fast, secure, and cost-effective trading.
This roadmap illustrates the phased approach Quoto is taking to develop and enhance the utility of the $QUOTO token. Starting with governance, staking, and early access on the Ethereum blockchain, the token's journey extends through the introduction of a specialized launchpad for performance tokens, culminating in a full migration to a dedicated layer-2 ecosystem designed to support the unique needs of the Quoto platform.
The transition from Base to our native chain is not merely a technical migration but signifies the maturation of the Quoto ecosystem into a self-sustaining blockchain network. This strategic development ensures that the Quoto platform is well-positioned to leverage blockchain technology for the democratization of performance art and sports investment, setting a new standard for how performance is valued, traded, and invested in the digital age.
