In the last few months, IQ Protocol has been developing many new features. Newest updates include converting NFT rentals to tokens, partnerships, and the launch of its native token.
Let’s explore more about IQ Protocol.
Tokenization of The IQ Protocol
Tokenization has emerged as an agent of change in the gaming industry and IQ Protocol intends to boost the potential of NFT rentals with it. This method decreases obstacles to entry while attracting new players to the sector.
$IQT is up and running on @CryptoRank_io ⚡️
Get all vital information, including circulating supply, project information, investors + more! https://t.co/1RTuhCIGhq https://t.co/quj89CCW4A
— IQ Protocol | #NFT Rental Marketplace 🎮🕹️⚡ (@IQLabs_official) November 21, 2023
This will make IQ embrace the spirit of decentralized finance (DeFi) in the gaming industry.
IQ Protocol Partners with UNFOLD
IQ has a new strategic alliance with UNFOLD, a digital marketing platform in the gaming sector. The partnership marks a watershed point in fan interaction. It’s important to know that UNFOLD made a strategic investment in IQ Labs. UNFOLD’s mission integrates with IQ Protocol.
IQ Protocol x UNFOLD 🎮🕹️⚡️
With UNFOLD already working with top tier studios like @Activision, @SEGA, & @UbiSoft – our strategic partnership means we’ll be alongside major game studios during the #Web3Gaming revolution 🚀https://t.co/lPFmCNcrcj#IQProtocol $IQT pic.twitter.com/jsqLiulJUu
— IQ Protocol | #NFT Rental Marketplace 🎮🕹️⚡ (@IQLabs_official) November 28, 2023
This partnership will boost the exposure of the NFT rental platform. UNFOLD has other great partnerships. They are currently working with leading companies like Netflix, Warner Bros Discovery, and Disney.
IQ Protocol Partners with Medieval Empires
Another important alliance is the one with Medieval Empires. As a result of this partnership, Medieval Empires will provide early access to whitelist passes and token rewards. This will be available from December 13th to December 28th. So check it out. It’s going on now.
NEW: IQ Protocol x @MedievalEmpires integration ⚔️
Working together, we're blending epic strategy & exploration gameplay with incentives brought on by asset rentals #onPolygon
A new era in gaming is here 🧠⚡️https://t.co/iH1JITXUuE#IQProtocol #MedievalEmpires $IQT $MEE pic.twitter.com/mI7lG3Rbtp
— IQ Protocol | #NFT Rental Marketplace 🎮🕹️⚡ (@IQLabs_official) December 7, 2023
Medieval Empires is a P2E game compatible with Polygon’s blockchain. Users can play it on PC, and Mac nowadays. It is a P2E game set in 13th-century Turkey that enables players to immerse themselves in a medieval tale.
$IQT Token Launch on Gate.io
The $IQT token went live on Gate.io on December 15th at 1 PM (UTC). Users can take part via a free airdrop program where VIP and GT users can enjoy different airdrops.
$IQT token will go LIVE on @gate_io December 15 at 1PM UTC 🧠⚡️
Trading pair$IQT/$USDT
Deposit/Withdrawals available on #ETH/#Polygon 🏆
Read more👇https://t.co/1CZbmqyWg6#IQProtocol #Gateio #Web3gaming pic.twitter.com/DmhBdWsEQu
— IQ Protocol | #NFT Rental Marketplace 🎮🕹️⚡ (@IQLabs_official) December 13, 2023
Users can participate in the IQ Protocol Startup membership for free.
Conclusion
IQ has been leading the way in the leasing of NFTs for the web3 gaming industry. So, the tokenization of these assets, the partnerships, and the IQT token launch will make for a larger and better-built ecosystem for users.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This post is sponsored by IQ Protocol.
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