The IQ protocol goals to revolutionize the NFT and GameFi markets

IQ Protocol, a brand new venture launched by the crew behind PARSIQ, will rely closely on the NFT, GameFi and Metaverse ecosystems, unlocking billions of {dollars} in worth for cardholders.

Tallinn, Estonia – (Newsfile Corp. – December 21, 2021) – The PARSIQ crew described the use instances of their IQ protocol within the NFT, GameFi and Metaverse initiatives. With IQ, house owners will be capable of lease their digital property at low threat and with out collateral, unlocking a brand new financial system that represents billions of {dollars} for initiatives and individuals.

Promotional banner for IQ Protocol

The IQ protocol will present new alternatives for traders, gamers and builders providing:

  • A number of monetization streams. Sport builders will be capable of entice extra traders and players with new methods to revenue from asset possession. Asset house owners will be capable of make the most of the rental pool to earn passive earnings whereas ready for the correct time to promote. Because the venture ecosystem grows, house owners may implement different sources of earnings similar to taxes, insurance coverage, and many others. The creativeness of the participant and the sport developer is the one restrict.

  • Entice extra gamers by decreasing boundaries to entry. Gamers can lease NFTs at a cheaper price in order that they’ll play the sport with out having to spend a considerable quantity upfront. NFTs might be rented for a hard and fast time period, permitting gamers to ultimately earn sufficient to proceed enjoying once they return the borrowed NFT. Consequently, sport builders will entice extra gamers and guarantee equity for newcomers. In the meantime, it creates extra rental demand for NFT house owners to create a constructive suggestions loop.

Tom Tirman, CEO of IQ Labs and PARSIQ, feedback:

“The NFT sport has grown in explosive recognition, however it’s nonetheless in its infancy. Many sport builders provide NFTs, however face many challenges when enhancing sport performance to win. Creating sustainable incentives for customers was a related problem that was solved by the IQ protocol.

The IQ protocol has the potential to remodel NFT gaming and supply gamers with new types of unprecedented advantages. For sport suppliers, they will help speed up mainstream adoption of NFT video games on the market, all in a enjoyable and monetizable means.

The venture represents our confidence in the way forward for GameFi and the Metaverse, and our intention to maintain transferring the area ahead. We look ahead to being part of this thrilling journey. “

About IQ Labs

Not too long ago launched to help the continued improvement and deployment of the IQ protocol (beforehand overseen by PARSIQ), this new separate entity will cleared the path in paving the way in which for crypto subscription companies and low-risk, unsecured loans from NFT. and DeFi Tokens.

Web site: iq.area
Weblog: iqlabs.medium.com
Twitter: www.twitter.com/iqlabs_official
Discord: www.discord.com/invite/dApUa87ns7
Telegram: t.me/iqprotocol

About PARSIQ

PARSIQ is a blockchain monitoring and workflow automation platform connecting on-chain and off-chain functions in actual time, offering transaction notifications to finish customers. With PARSIQ, you’ll be able to join blockchain exercise to off-chain apps and units, monitor and safe DeFi apps, create customized occasion triggers, and energy real-time automations.

Web site: www.parsiq.web
Weblog: weblog.parsiq.web
Twitter: www.twitter.com/parsiq_net
Telegram: t.me/parsiq_channel

Media contact

Francois Foster
Communication supervisor
+44 7850 687 666
francis (@) parsiq.web


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