Yesterday, Quantum International Corp (OTCMKTS:QUAN) was in sharp focus among investors and the stock was on the move as well, as it ended the day with gains of as much as 9%.
Trading Data
On Monday, QUAN stock gained 9.05% to $0.1747 with more than 55K shares, compared to its average Monday of 311K shares. The stock moved within a range of $0.1600 – 0.1749 after opening trading at $0.16.
Quantum International Corp. (QUAN) Provides Updates on the LootUp App and Features
Yesterday, the company came into focus among investors after it provided a range of updates with regards to the LootUp App and its range of functions. It was a major new update from the company and the excitement among investors was perhaps understandable. The company noted that LootUp is an app that helps in solving the issues that one may encounter with the traditional payment applications.
The app aims to solve those problems through a decentralised system. In addition to that Quantum International also noted that the LootUp app is non-custodial in nature and hence, the users are going to be in full control of their funds at all times. That is a major feature and one that could appeal to a lot of consumers who use payment apps. Additionally, even if a user loses his phone, he can use his private keys by way of which he would be able to get access to his funds at any time.
Key Quote
“LootUp makes crypto simple; in fact, users won’t even really need to think about it as crypto but rather LootUp. It will feel like a normal payment app, but better!” concluded CEO Justin Waiau.
