Quest Crypto

The maintenance of the property is ensured according to a set schedule contracted with the real property owner.  This process uses a centralized – decentralized bridge.  

Crypto-collateralized properties generate various tokens representing ownership, equity, rent, development, surface and subsurface rights

KNAB token holders have access to submitting properties into the system.
KNAB token holders also get rights of governance to participate in governing votes within the company. Voting weight is based on the quantity of tokens held by each holder.

If the property is ever sold, token holders will be compensated according to the increase in value of the property. At which point they can then choose new properties to place their tokens in, according to their interests.

Quest Coin is the medium of exchange within the Quest Ecosystem. It is our native token.  Each person will have a wallet or multiple wallets.  The Quest wallet is located at QUEST.CRYPTO

WHAT IS THE TERMINOLOGY THAT QUEST IS USING?

QUEST (or the ‘Corporation’) means the Corporation responsible for the computer code and the actions of the founders.

QUEST (QUEST, or the ‘Foundation’) means the Corporation and will operate as a Decentralized Autonomous Organization. QUEST will be responsible for the management of the trading platform and when Digital Tokens are minted.

QUEST Marketplace is the platform used for the transactions with property owners and Digital Token holders.

QUEST Auction means the process of selling the tokens in bidding fashion that is a price discovery application. 

QUEST Coin means a utility token that can be purchased either on or off the QUEST Marketplace.  QUEST Coins can be used for the purchase of any QUEST Property Token.

QUEST Property Token means a token that is attached to an enumerated property right.

Equity means the difference between the market value of a home and the amount owed the lender who holds any mortgage or note; and the amount of money received after paying off the mortgage upon sale.

Coin shall mean QUEST Coin or QUEST Crypto.

Crypto Collateralization means the process of attaching a crypto currency to the equity and/or perceived equity in the real property.

Cryptocurrency shall mean any Coin or Token created to carry out the purpose of QUEST Banking and Strategic Crypto Holdings.

Hyper Ledger means an enterprise-grade, open-source distributed ledger framework which maintains any cryptocurrency placed on the real properties within the Association.

Residential Real Property means property occupied as, or intended to be occupied as, a single-family residence, including a unit in a common interest community.

Smart Contract means a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract.

Stable Plus / Stable+ means a token that has can withstand the inflationary effects of the US Dollar, or, more accurately, tracks the investment of real estate.

T.I.M.E. Contract shall mean a managed smart contract or agreement that the real property owner enters for the purpose of ensuring the payment of the Taxes, Insurance, Mortgage, and property Expenses.

Token shall mean QUEST Token, or any token created as part of the QUEST Family of Tokens.