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Saudi woman makes history: patents world’s first non-depreciating crypto asset

Digital version of Rand Al Kharashi, Founder and Inventor, Quintes.

Quintes Protocol is set to redefine decentralized finance (DeFi) with its innovative no-depreciation cryptocurrency model.

Now protected by a newly-secured Patent Cooperation Treaty (PCT) PCT/IB2024/061188 from the World Intellectual Property Organisation (WIPO), this groundbreaking protocol offers a unique approach to perpetual asset growth, ensuring long-term value stability and positioning itself as a global disruptive force in the evolving cryptocurrency market.

Rand Al Kharashi, a visionary young Saudi entrepreneur, aims to redefine the world of DeFi. By securing a WIPO PCT for the proprietary technology behind Quintes Protocol, she has reaffirmed her mission to upend the cryptocurrency market with the world’s first perpetually appreciating asset, which is expected to increase in price at an annual rate of 18-30%.

“This is more than a milestone for Quintes Protocol – it’s an affirmation that exceptional and continued value can be created in the crypto field”, said Al Kharashi. “Quintes is the world’s first crypto asset that is engineered for continued high price growth. Backed intensive research, verifications, and the knowledge of renowned token engineers and researchers from leading blockchain companies, Quintes has just one destination: to pioneer the future of DeFi with unmatched growth, blazing the way for an exciting new world of cryptocurrency value”.

QNT: A Revolutionary Leap in DeFi

The Quintes Protocol is poised to disrupt the market with its unprecedented cryptonomics. This revolutionary protocol aims to outperform established asset classes, including S&P 500 equities, gold, high-yield fixed income, and many cryptocurrencies, including Ethereum and Bitcoin, unlocking massive market opportunities and setting new benchmarks for financial performance and growth.

Quintes introduces QNT, the first token to ever increase in price, addressing the lack of sustainable high yields and asset depreciation challenges. QNT is designed to achieve a secure price appreciation of 18-30% per year through utilising its unique over-collateralisation strategy, novel cryptonomics mechanisms and AI-driven high-frequency trading to deliver unparalleled scalability and sustainability.

According to Al Kharashi: “We’ve seen the potential for cryptocurrencies to achieve great returns for investors, but that growth is fickle. Growth bubbles occur, burst suddenly and unexpectedly, and the value is often lost. It may be possible for an asset to rebuild to match or even exceed its previous high, but there’s always an element of risk. The value of existing crypto, and even more traditional investment assets, is never guaranteed. That is what inspired the creation of Quintes and the concept of perpetual growth, based on predictable collateral value appreciation”.

Why the PCT Patent Matters

The decision to file for a WIPO PCT patent underscores Al Kharashi’s commitment to protecting Quintes’ pioneering engineering on a global scale. This strategic move ensures that Quintes’ innovative protocol is safeguarded as it seeks patent protection in numerous countries, providing a robust foundation for its international expansion, future success and eventual preparation to become open source.

Backed by Elite Research and Talent

The development and engineering of Quintes Protocol is grounded in rigorous research conducted by Kitabq Research Lab, which was founded by Al Kharashi. Over two years, Kitabq’s cryptonomics research has been instrumental in shaping Quintes’ architecture and mechanisms. More details on its cutting-edge research can be explored at Kitabq’s official website, www.kitabq.com.

Quintes’ technical team is a powerhouse of talent, featuring elite token engineers and data scientists from industry giants like ConsenSys, Binance, Algorand, and Morgan Stanley. Collectively, this team has raised over $600 million in capital and achieved successful exits in both Web3 and Web2 domains.

Anticipated Launch and Investment Opportunities

Scheduled for an official launch in January 2025, the Quintes Protocol represents an exciting opportunity for investors and stakeholders eager to be part of the new future of DeFi. A recent simulation test revealed Quintes’ positive performance even in bearish market conditions, highlighting its resilience and potential. As Quintes gears up for its groundbreaking debut, the team is actively seeking investment to drive its vision forward.

Image Credit: Quintes

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