QUADRANT IS PARTNERING WITH POLYGON TO LAUNCH GEOLANCER.

Published on: 25.04.2021

Geolancer is a platform for gamifying the collection of Point-of-Interest (POI) data. Participating freelancers — Geolancers — can earn Quadrant’s cryptocurrency, eQUAD, by simply mapping POIs (shops, convenience stores, restaurants, and others) in their neighborhood using a dedicated smartphone application.

While eQUAD was originally issued as an ERC-20 token, considering the high gas prices and the scalability issues of the main Ethereum network. Polygon’s commit chain is 100% EVM-compatible, secured by a permissionless set of PoS validators and checkpoints submitted to Ethereum. Quadrant decided to utilize this chain to distribute Geolancer rewards in a fast and efficient manner.

 

About Quadrant

Quadrant is a big data and technology company specialising in high-quality mobile location and POI data. It provides verified, trustworthy, and usable location data and location-based solutions, allowing business, organizations and innovators to build tailored solutions for their data requirements. Quadrant’s new product is Geolancer, a proprietary platform for manual collection and verification of Point-of-Interest data.

 

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Matic POS, designed for flexibility and independence. Polygon’s scalability solutions have seen widespread adoption with 200+ Dapps, ~20M txns and ~342K unique users.

⬇️DETAILS:

https://medium.com/quadrantprotocol/quadrant-is-partnering-with-polygon-to-launch-geolancer-27700be9f811

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