$QNT is not a crypto. It's a utility token.
Quant directly states this.
I tend to agree as $QNT isn't used or made to be used in the sense of crypto.
The value won't be derived by community like crypto, but rather value of Overledger's utilities unlocked by QNT.
Their focus is on building core enterprise infrastructure and standard grade technology.
It just so happens that the QNT token is NEEDED to operate Overledger efficiently.
Could they just use fiat? Quite likely, but it'd make the aspects of provenance and a universal form of payment/unit of account quite a mess.
From tracking the licenses of clients, to having a universal unit of account for payments/fees.
It's 100x easier using the provenance of a digital asset on a distributed ledger to manage the data.
You're not going to see Quant promote their token like most other Web3 projects for this very reason.
It's not their focus.
The technologies behind the door, the token unlocks said door.