While we work in the background, focusing on building our product and establishing concrete partnerships, we are very happy to see the gaining momentum and support for Quadrant Protocol. First, we are humbled and grateful over the huge response to the start of our private sale. The results speak for themselves: contribution offers to Quadrant Protocol's private token sale reached the $3 million soft cap on the first day and doubled that within just 24 hours. This means well over a third of our private sale allocation was immediately filled -- and the contributions keep pouring in. We are also optimistic that the conversations we are having based on this success are attracting the right kind of supportive strategic investors that can add long-term value to Quadrant.
For 13 consecutive years, Gartner has recognized Microsoft as a Magic Quadrant Leader in analytics and business intelligence platforms. In this report, we believe, you'll learn about Gartner's assessment of the features and capabilities that differentiate the various products in this market. Learn how a comprehensive product vision, positive sales experience, and intuitive user experience contributed to high levels of customer satisfaction and helped position Microsoft as a Magic Quadrant Leader among analytics and business intelligence platforms. The Gartner document is available upon request from Microsoft. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation.
Quadrant also aims to address the non-transparency issues in the data industry, which lead to a lot of fraud where companies are hiding their sources. With the transparency promoted within Quadrant, companies will be able to trace the data sources for compliance purposes, as well as ensure that they get the data they paid for and that it is what they want for their application. As well, Quadrant ensures that all the data providers within the value chain receive proper and fair compensation, as the original creators, dubbed as the nurseries, are often left out when it comes to the profits generated by the data they provide aggregators or companies.
Adobe and Evergage have topped the latest Forrester Wave rating digital intelligence platform providers based on product offering, strategy and market presence. The Q4 Digital Intelligence Platform report placed both Adobe and Evergage in the leaders' quadrant out a total field of nine vendors. In its commentary, the analyst firm highlighted Adobe's best-of-breed capabilities and scale as key reasons for its leadership position, noting the core components of Adobe Analytics, Experience Platform and Adobe Target as providing a wide array of services for marketing and customer engagement. Specifically, these address data, analytics and experience optimisation and are also well integrated into a wider platform play, Forrester stated. Second in the pack was smaller player, Evergage, which Forrester praised for its all-in-one, tightly integrated offering.
In the 21st century economy, data is key to success. But data can be chaotic, confusing, and in some cases, fake. Quadrant provides access to data that is relevant and trustworthy, mapping disparate inputs into reliable, intelligible information that addresses uncertainty when it comes to using data. The platform uses blockchain technology - the best technical solution currently available for this purpose - to ensure the data is authentic, trustworthy, and useable. With Quadrant, organisations and individuals can now have full trust in their data and use it to build targeted solutions and allocate resources efficiently to meet the requirements of their customers, citizens, and colleagues.