QLC Chain

QLC Chain

A public blockchain for decentralized Network-as-a-Service.

HQ location
Southern District, Hong Kong
Launch date
Employees
Enterprise value
$60—90m
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DateInvestorsAmountRound
*

$15.0m

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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More about QLC Chain
Made with AI
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QLC Chain, which began as Qlink in 2017, operates as a public blockchain platform engineered for Network-as-a-Service (NaaS). The company initiated its journey with a successful Initial Coin Offering (ICO) in December 2017, raising $19.3 million. A significant rebranding occurred in May 2018, when Qlink officially became QLC Chain to better reflect its core mission of applying blockchain technology to the networking industry. Subsequently, in 2023, the project underwent another rebranding to Kepple, aiming to transition from a Web2 to a Web3 framework.

The core business of QLC Chain is to decentralize telecommunication services. This model allows individuals and organizations to become network service providers by leveraging their own resources. The platform facilitates a peer-to-peer marketplace where users can buy and sell connectivity services, such as sharing unused mobile data or providing access to their Wi-Fi connection. The business model targets both individual users and enterprise clients, including global communication service providers, for services like A2P SMS settlement and fraud prevention. Revenue generation within the ecosystem is driven by its native tokens; the QLC token serves as a utility and payment method, while Q-Gas fuels information processing tasks.

Technologically, QLC Chain is built on the NEO protocol and features a distinctive multi-dimensional Block Lattice architecture. This structure is designed to overcome scalability challenges and high transaction fees by giving each account its own blockchain. The platform employs a dual consensus mechanism, combining Delegated Proof of Stake (DPoS) with its proprietary Shannon Consensus, to achieve high transactions per second (TPS) and support a decentralized environment for NaaS-related decentralized applications (dApps). Its product suite includes solutions for A2P SMS settlement, anti-SMS swap measures, and soft-sim identity for IoT devices. For users, QLC Chain developed the Q-Wallet, a mobile application for accessing the ecosystem, and hardware base stations that allow users to provide cell signals and mine tokens.

Keywords: QLC Chain, Kepple, Network-as-a-Service, NaaS, decentralized telecommunications, blockchain, NEO protocol, Block Lattice, DPoS, Shannon Consensus, peer-to-peer connectivity, SMS settlement, anti-fraud, Qlink, QLC token, Q-Gas, telecom services, decentralized applications, dApp, IoT identity, Wi-Fi sharing, mobile data marketplace

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