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01 Quantum and qLABS Provide Further Details of the qLABS Token - The Foundation of Quantum-Safe Web3 Infrastructure on Hyperliquid
Toronto, Ontario--(Newsfile Corp. - October 23, 2025) - 01 Quantum Inc. (TSXV: ONE) (OTCQB: OONEF...
About this update from 01 Quantum Inc.
[{"type":"text","content":"01 Quantum and qLABS Provide Further Details of the qLABS Token - The Foundation of Quantum-Safe Web3 Infrastructure on HyperliquidToronto, Ontario--(Newsfile Corp. - October 23, 2025) - 01 Quantum Inc. (TSXV: ONE) (OTCQB: OONEF) (\"01 Quantum\" or \"Company\"), one of the first-to-market, enterprise-level cybersecurity provider for the quantum computing era, and qLABS, a crypto foundation focused on quantum resilience, today announced the economic utility and value exchange in preparation for the launch of the qLABS Token, the first quantum-resistant governance and ecosystem token designed to secure the next generation of Web3 infrastructure on the Hyperliquid blockchain. Built on 01 Quantum's Quantum Crytpo Wrapper (QCW) technology as unveiled in the Company's September 25, 2025 press release and incorporating 01 Quantum's IronCAP™ post-quantum cryptographic engine, the qLABS Token is at the core of the initiative to make the Hyperliquid ecosystem fully resistant to the threat of quantum computing. This is the next step in moving from technical readiness into economic utility and value exchange as now the instrument of participation and utility, the qLABS Token is defined.\"The arrival of quantum computing represents a fundamental shift for cybersecurity,\" said Andrew Cheung, Chief Executive Officer of 01 Quantum. \"With qLABS, we are embedding NIST-approved post-quantum cryptography directly into Web3 infrastructure. The qLABS Token unites security, utility, and governance in a single architecture that future-proofs the blockchain economy. We are now moving from technical readiness into economic utility and value exchange.\"The qLABS Token is a fixed-supply governance and utility token deployed on the Hyperliquid network. Its economic model is designed to align long-term value creation with adoption of quantum-safe infrastructure:Capped Total Supply. The token supply is fixed, ensuring long-term scarcity and avoiding inflationary dilution.Revenue-Backed Buybacks. A portion of protocol revenue from wrapping, staking, and vault operations will be used to repurchase qLABS Tokens from the open market, reducing supply over time.Deflationary Burn Mechanisms. Token supply is further reduced through automatic burns triggered by early unstaking events or major quantum-security milestones—such as new NIST PQC standards o...