IQ Protocol Onboards Raft of GameFi Projects to Integrate NFT Rental Markets
IQ Protocol has announced partnerships with Tiny Colony, Gunzilla, Solido Games, Zone of Avoidance, and Solido Games, to support in-game asset rental markets across Polygon, BNB, Solana, and Avalanche.
Following the announcement of their successful $12M raise, IQ Protocol have announced a busy pipeline of GameFi integrations which will allow a peer-to-peer rental market for ingame assets.
These projects join a group of established titles already integrating IQ Protocol’s wrapped NFT rental solution which supports Polygon and BNB with Solana, and Avalanche already in development.
The flurry of announcements indicate the huge potential for the ingame asset rental market with players standing to make passive incomes from their NFTs and enhancing user experience.
IQ Protocol’s platform gives the ability to create wrapped, expirable versions of digital assets, which creates a rental solution that negates risk to the asset owner and requires no collateral from the borrower. Using this infrastructure a player to rent out their NFTs to other players for a pre-arranged amount of time and for an agreed-upon price, thus benefiting both parties involved.
Gaming projects already announced include Chainmyth, Nyan Heroes, Space SIP, Spark Era, Battle Saga, Bitspawn, Zone of Avoidance, BitSpawn, Solcery, Tiny Colony, Gunzilla, Solido Games, and Solido Games which represent a rental market worth $MMs.
These join a fast growing ecosystem building upon both the IQ Protocol fungible token and non-fungible token solutions which includes Esports platforms, SaaS providers, infrastructure solutions, and content platforms.
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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