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Quidd

The QUIDD Token is the native asset for the Quidd community and its network of participants, including collectors, artists, brands, creators, and developers.

Quidd is committed to an open and vibrant ecosystem, one where content creators, software developers, and collectors alike are appropriately incentivized and rewarded for the value they contribute to the network.

In particular, the token design improves upon utility, governance, and rewards tokens issued by similar NFT marketplaces in 2020.

##What does the QUIDD token do? 

The QUIDD token is designed to give Quidd collectors added utility in purchasing and minting NFTs, more collector benefits through staking programs, and more ways to earn in Quidd’s upcoming Collect-To-Earn (C2E) economy design. 

Here are some more uses of the token:

- Real Purchase Utility: we'll enable millions of buyers and sellers around the world to price and settle transactions in $QUIDD instead of only fiat. Holders of $QUIDD may receive discounts on aftermarket sales fees as well as exclusive buying windows on NFT drops.

- Staking For Collector Superpowers: holding and staking the token has real value. In particular, advanced collectors will be able to stake their $QUIDD in return for exclusive access to professional-grade collector tools and services, including bidding on wholesale purchases, storefront analytics, and volume discounts on sales fees. $QUIDD can, exclusively, unlock new functionality for digital collectors.

- Earning! Let's talk airdrops! Quidd collectors can earn more $QUIDD by performing activities that create long-term value, as opposed to solely through weekly trading activity, which is known to have the adverse effect of creating wash trading. So, $QUIDD can be earned through healthy behavior.

- Supply-Side Governance: token holders, proportional to their holdings, can vote on how funds in the Quidd’s content and licensing budgets are deployed. $QUIDD token holders actively participate in production decisions and can use votes to protect the value of their older collectibles by limiting future supply. Basically, vote your $QUIDD to determine the next NFT drop!

##Who are the project’s founders?

Quidd was co-founded by Michael Bramlage. Prior to Quidd, Michael ran the digital division at Topps, the American baseball card company, creating a pre-NFT franchise that grossed over $125m in digital trading card revenue.

Originally backed by Sequoia Capital, Quidd is now part of the Animoca Brands family of companies. 

##Who are the project’s spokespeople?
Michael Bramlage, Co-Founder and CEO

Yat Siu, Executive Chairman and Co-Founder, Animoca Brands (as appropriate)


##What Makes Quidd and Quidd Token unique?

The QUIDD token is the official utility token for the QUIDD ecosystem which first pioneered digital collecting 5 years ago with officially-licensed collectibles from over 325 of the world's most beloved brands and 7 million collectors. The QUIDD token is designed to give QUIDD collectors and creators added utility in both the QUIDD app including purchasing of NFTs and collectibles, governance and trade as well as trade, create and collect-to-earn programs utilizing the QUIDD token.

##How Many Quidd Tokens Are There in Circulation?
The total supply of QUIDD is fixed at 1,000,000,000 tokens, minted at one time. There are no other minting or burning capabilities, and therefore the total supply of QUIDD will only ever be a maximum of 1,000,000,000. 



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