Final words:

I am amazed by this concept and the whole idea of the project. If successful, the possibilities on Quarkchain are literally unlimited. The biggest bottleneck in current blockchains is the throughput. The whitepaper could be less wordy and vague and more specific. It can definitely be a little bit shorter for anyone to be able to read and follow it in a short amount of time.

The team is promising. I have been to their telegram. The ICO mechanism and the mechanism for airdrop is very sophisticated and the team is trying to do their best for making it sure that everyone gets a small chunk of the tokens. The professionalism in these arrangements and an experienced team shows the dedication and attention to the details.

I wish best to the team for the project.

If any of the team members end up seeing this review of the whitepaper, please answer the questions written here. I am open for continued discussion in the comments. Just hit me up.

Further sidenote:

I will be deploying a scoring system for whitepapers that I review in the future. Please let me know the projects that you would like me to review “Page by Page” style.

WHITE PAPER RATING: 8.3

1 = Blatant scam. Avoid at all costs!

2 = Avoid this as well, too many red flags.

3 = A terrible project but with some glimmer of hope.

4 = Not recommended, unless you have spare change.

5 = We like the concept, don't have complete faith in the project.

6 = Perhaps good as a short term hold until it hits an exchange.

7 = A good buy, but some concerns.

8 = Strongly consider investing in this.

9 = Potentially great, but we have some reservations.

10 = Sell the wife and kids, this is a home banker!

[more details will be added on how did I reach 8.3 score.. Thank for patience ]

Credits: The ICO scoring system is borrowed from the Orphan blocks’s medium page :)

General review of the project

Strengths

Working Testnet ahead of schedule

MVP

Strong team

Strong advisors

Solidity integration making it easier to directly port apps from ETH to Quark

Weaknesses

Large number of tokens

The distribution of tokens skewed towards the team

Lack of separate technical and general whitepaper

Opportunities

Scalability is the core problem.

If beats Zilliqa to the punch, that will be great

Threats