QuarkChain - Due diligence #112
Description
QuarkChain (QKC)
Development Team
Qi Zhou (Founder) - Mar 2018 - Present | Linkedin profile
- Facebook | Software Engineer - Mar 2017 - Mar 2018 | 1 yr 1 mo
- Dell EMC | Consultant Software Engineer - Feb 2017 - Jul 2017 | 9 mos
- EMC | Principle Software Engineer - Dec 2014 - Jun 2016 | 1 yr 7mos
- Google | Software Engineer - Apr 2014 - Dec 2014 | 9 mos
- Ratrix Technologies | Senior Engineer - Jul 2013 - Apr 2014 | 10 mos
Zhaoguang Wang (Software Engineer) - Mar 2018 - Present | Linkedin profile
- Facebook | Software Engineer - Feb 2017 - Mar 2018 | 1 yr 2 mo
- Instagram | Consultant Software Engineer - Mar 2017 - Jun 2017 | 4 mos
- Google | Principle Software Engineer - Jan 2012 - Jan 2017 | 5 yr 1mos
- AT&T Labs, Inc. | Software Engineer - Jun 2011 - Aug 2011 | 3 mos
Linkedin shows that Qi Zhou & Zhaoguang Wang were colleagues at Google and Facebook.
Xiaoli Ma (Research Scientist) - Feb 2018 - Present | Linkedin profile
Yaodong Yang (Research Scientist) - Mar 2018 - Present | Linkedin profile
Wencen Wu (Research Scientist) - Jan 2018 - Present | Linkedin profile
Operation Team
Yazhen (Anthurine) Xiang (Marketing and Community) - May 2018 - Present | Linkedin profile
Ting Du (Business Development and Eco-system) - Month? 2018 | Linkedin profile
Yuhan (Patrick) Mei (Community Manager) - Mar 2018 - Present | Linkedin profile
Julianne Zhu (Social Media Broadcasting) - Mar 2018 - Present | Linkedin profile
Advisors
- Arun G. Phadke | Wikipedia | Virginia tech profile
- Bill Moore | Linkedin profile
- Mike Miller | Linkedin profile
- Kevin Hsu | Linkedin profile | BlockVC
- Leo Wang | Linkedin profile | Website
- Zhiyun Qian | Linkedin profile | UC Riverside
OFAC Check
Source: OFAC Search Tool
Company
‼️ The Quarkchain team never provided the company registration number, list of directors and details of registered office address. A search had to be done by team icocheck to find the missing information ‼️
QUARKCHAIN FOUNDATION LTD.
Registered Address:
6, EU TONG SEN STREET
12, THE CENTRAL
SINGAPORE 059817
UEN: 201800617H
Company Type Description: EXEMPT PRIVATE COMPANY LIMITED BY SHARES
Incorporation Date: 4 Jan 2018
Status: LIVE COMPANY
QUARKCHAIN INC.
File Number: 6743508
Incorporation Date / Formation Date: 5 February 2018
Entity Kind: Corporation
Entity Type: General
Residency: Domestic
State: Delaware
Office Address:
4151 Middlefield Rd
Suite 100c
Palo Alto
CA 94303
Registered Agent Information:
HARVARD BUSINESS SERVICES, INC.
16192 COASTAL HWY
LEWES
Sussex County
Delaware 19958
USA
Directors
- Qi Zhou | Executive Officer, Director
Source: Delaware entity search
Smart contract
Github
Code in private repo
Product
- N/A
Roadmap
Vesting
- Team and advisors tokens vest over 2 years.
- Foundation tokens locked for 2 years.
Vesting schedule not coded in the smart contract.
Additional info
- Whitelist/KYC starts on May 7th, 00:00:01 AM PST
- Private sale hard cap $16M. Public sale hard cap $4M. Total supply 10B QKC.
Questions not answered by the team
May 2nd 2018: User asks about use of proceeds
May 4th 2018: User asks about use of proceeds
Token distribution
Token allocation
- N/A
‼️ Use of proceeds N/A ‼️
Flags
Real Team: ✅
GitHub: ❌ Code in Private repo. Team said that they will be open sourcing their code in Q2 2018.
Smart Contract: ✅
Working Product (Mainnet): ❌ Public testnet end of Q2
+2 yr Vesting for team (codified vesting): ❌ Team and advisors tokens vest over 2 years. Vesting schedule not codified.
Have a company: ✅
Transparent: ❌ Use of proceeds not available. The Quarkchain team never replied to investors' questions, showing total disregard to their concerns.
IcoCheck.io
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