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A governance platform for funding
Quantum technology startups.

WHITEPAPER

For ICO & Protocol Discussions

Connect with the Qubit Protocol community

For Quantum Tech Discussions

Collaborate with leading quantum experts

EVENTS

Sydney

January 19, 2018
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Singapore

July 23, 2017
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New York

April 6, 2018
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In the Press

Quantum computing is set to be a US $29 billion industry by 2021 ...

Previously, access to game changing technologies has been exclusive to the likes of Venture Capitalists of Silicon Valley, multinational corporations and the elites. Qubit Protocol aims to create a democratic environment for everyone to take part in the benefits that will arise from quantum technologies.

According to Goldman Sachs, quantum computing could be a US $29 billion industry by 2021, with tech giants Google, Microsoft and IBM currently paving the way forward for Quantum technologies. Our experts envision this industry growing exponentially within the years to come. The Qubit platform will provide you with the ability to work alongside the top minds and leading quantum experts across the world.

Quantum computers are rapidly progressing ...

The past few years have seen tremendous progress in the development of quantum computers.  In 2016 IBM released a 5 qubit computer that can now be used by anyone in the cloud.  IBM followed this with the announcement of a 17 qubit computer in mid 2017 and a 50 qubit computer by the end of the year.  In early 2018 Google announced a 72 qubit computer.  With the number of qubits doubling every 6-12 months, the quantum computing space is at an inflection point in its growth, and we are extremely excited to share this opportunity with the community.

Our Vision

Currently, investment in Quantum technologies is complex, difficult, and unavailable to most. Our blockchain platform will democratise investment opportunities and guide commercial research via a panel of leading scientific, technical and business experts. By strategically guiding investment, Qubit Protocol will kickstart the quantum technology revolution.

Introducing Qubit Protocol

Qubit Protocol is a decentralised blockchain enabled governance protocol that utilises the collective intelligence of the quantum science community to make strategic funding decisions on quantum technology projects. The platform will take governance to a new level by pushing liquid democratic models and crypto-economics to the limit whilst utilising the blockchain to the fullest potential for this purpose.

1. Funding proposals

Quantum startups place project proposals onto the Qubit Protocol platform, and each project is reviewed extensively prior to the voting period.

2. Delegation and voting

Experts and public token holders will be allowed to vote on the most meritorious projects to be funded. Users are able to stake their Qubit Protocol Tokens (QPT) on projects directly or delegate them to a quantum expert to decide on their behalf.

3. Startup funding

Once due diligence is performed, startups will receive funding via the Qubit DAO.

4. Token locking and burning

QPT tokens used to vote for successfully funded projects will be locked and a small percentage of QPT tokens for unsuccessful projects will be burned to ensure a sufficient level of crypto-economics.

5. Rewards

Much like how a network rewards miners, the protocol rewards effective and strategic decision making through QPT tokens, as startups achieve their milestones. This is pushed further through incentivised collaboration where users can earn extra QPT by aiding startups with research and small amounts of work.

6. Profit making events

In the event of profit-making events such as an IPO or company sale exit, up to 50% of the profit may be used to buy-back QPT to be burned thus rewarding QPT token holders, and the remaining percentage of the profits will be used to fund the next generation of quantum projects.

A protocol that truly embodies a governance structure for effective decision making, validation and collaboration.

Revolutionary technology

Quantum is at an inflexion point and on the verge of breaking out.

Expert collective

We are creating a quantum community, fostering collaboration and using the intelligence of a quantum technology expert collective.

Liquid democracy

As a member of our quorum, you are able to either vote directly on projects or delegate your votes to one of the experts. Earn rewards by taking part in the decision making process.

The Roadmap

ICO & EXPerts
Q2, 2018
Q2, 2018 - ICO & EXPerts
  • 50 experts onboarded
  • Qubit Protocol ICO launched
  • MVP Voting Protocol completed
Prototype Platform
Q3, 2018
q3, 2018 - Prototype Platform
  • Test platform completed
  • Early Pilot Program for funding quantum startups
application round
Q4, 2018
Q4, 2018 - Accept applications
  • Quantum startup main round applications and approval process
  • 3-5 proposals to be listed on the protocol
voting period
Q1, 2019
Q1, 2019 - first voting period
  • Qubit Protocol platform launched
  • First voting and funding period completed
  • First Qubit Protocol World Conference

Information

We have released two documents to help you understand our company, protocol and industry. The Whitepaper discusses the problem we are solving and the protocol that is being used to solve it. The Introduction to Quantum Technology is an extensive paper written by four of our Experts who are on the panel.

Protocol Whitepaper
Introduction to Quantum Technology

Experts

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Victor Canivell
Quantum Expert
Managing Director at Quantum World Association and Advisor at Qilimanjaro.
Barry Sanders
Quantum Expert
Director of the Institute for Quantum Science and Technology QianRen Chair Professor at the University of Science and Technology China
Christopher Ferrie
Quantum Expert
Senior Lecturer, A/DRsch Centre for Quantum Software and Information Core Member, Centre for Quantum Software and Information
Andrew White
Quantum Expert
Professor at University of Queensland and Program Manager at Quantum Computing and Communication Technology
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Quantum Expert
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+ more BEING SIGNED ON

Team Qubit Protocol

The team is comprised of technical experts in quantum computing, blockchain and commercialisation.

Ajay Prakash
Chief Executive Officer

Former Republic Protocol (co-leading community). Previously, leading global marketing operations at Streamvision & an experienced full-stack developer.

Marco Tomamichel
Chief Technical Officer

Senior Lecturer and ARC DECRA Fellow at the Centre for Quantum Software and Information at the University of Technology Sydney.

Quinn DuPont
Chief Governance Officer

Research Associate at University of Washington with a focus on cryptocurrency and blockchain technologies. Member of the ISO blockchain standardisation committees and the IEEE Blockchain Initiative.

Troy Lee
Chief Science Officer

Nanyang Associate Professor at Nanyang Technological University and Principal Investigator at Centre for Quantum Technologies.

Gavin Brennen
Chief Community Officer

Associate Professor at University of Macquarie. Director of QSciTech and CI in the ARC Centre of Excellence EQuS.

Ping Koy Lam
Chair of Expert Panel

Professor at Australian National University in the Quantum Science Department. Node Director for Centre for Quantum Computation and Communication Technology (CQC2T)

Trung Nguyen
Community Lead

Project managed several large-scale engineering projects focused on technical, marketing and sales divisions.

Devesh Mitra
Software Engineer

Software Penetration Tester at Commonwealth Bank of Australia. Full-stack web developer and blockchain engineer.

Our Advisors

Dorjee Sun

COO of Santiment

Victor Canivell

Managing Director at Quantum World Association

Taiyang Zhang

CEO of Republic Protocol
Copyright © Qubit Protocol Inc 2018