IQ Protocol Welcomes bitsCrunch
IQ Protocol is very pleased to welcome bitsCrunch into its ecosystem as their new partner.
bitsCrunch is a blockchain analytics firm, providing AI-powered security service meant to make assessing purchases and protecting your assets easier than ever.
As bitsCrunch sees it, the world is moving more and more towards favoring a creator-economy powered by blockchain technology. They are confident (as also as IQ Labs) that NFTs will become ever more relevant as they create the future. Because of this, while the security of digital assets is important now, it will become increasingly important as the ecosystem grows.
IQ Protocol + bitsCrunch
With IQ Protocol, they have introduced the world’s first decentralized SaaS, which allows other projects to utilize their platform to solve their own tokenomics, utility, and service models. By integrating with IQ Protocol, that is exactly what bitsCrunch has done.
IQ Protocol will breathe new life into the bitsCrunch platform. First, and foremost, IQ Protocol will power their tokenomics by way of their native token ($BCUT). Soon to be launched — estimated for the end of Q2 2022 — the $BCUT token will become central to the bitsCrunch platform, providing utility to their services and off-chain products.
Moreover, IQ Protocol will help align the interests of token holders with those of platform users. Seeing that the $BCUT token will be central to bitsCrunch and its success, a staking mechanism will be vital for sustaining its growth: the more $BCUT holders stake, the stronger their ecosystem will become. IQ Protocol will make this easier than ever, allowing their users to stake their tokens in order to both earn a share in trading revenue and gain access to bitsCrunch’s innovation security solutions.
bitsCrunch enables higher levels of trust and safety within the realm of NFT trading and ownership, and IQ Protocol is happy to join their already-impressive list of partners!
About bitsCrunch
bitsCrunch is the guardian of the NFT ecosystem. It offers buyers and sellers potential tools to identify digital wash trading, asset forgery, the true value of assets and such more value addition to the ecosystem. bitsCrunch’s securing services can be integrated in any of the NFT marketplaces with a sense of protecting the authenticity and provenance of the artists and the NFT assets.
About IQ Protocol
IQ Protocol is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility, while allowing holders to earn by providing liquidity without risk.
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