Farcana is proud to introduce IQ Protocol, a blockchain project providing a decentralized money market for digital asset renting and on-chain subscriptions, as our new strategic partner. IQ Protocol will provide us with the basis for the NFT rental marketplace.
IQ Protocol aims to provide the ability to create wrapped, expirable versions of digital assets, which can be used as the basis for a variety of solutions. Among these uses is the possibility to lend and rent NFTs in a risk-free way.
The new partnership will give the Farcana players an opportunity to do more than simply trade or sell their valuable assets that they aren’t currently using. With this integration, our users will be able to retain their NFTs and make passive income while allowing other players to gain their unique benefits. Players will be able to rent out any of their NFTs, providing a fantastic opportunity for them to maximize ROI.
About IQ Protocol
IQ Protocol is a DeFi solution that provides a decentralized money market for digital asset renting and on-chain subscriptions. The project enables digital asset owners to earn passive income by safely lending their NFTs and fungible tokens. Renters can gain access to assets and their utility for a specified time period.
Farcana is a blockchain-based gaming project with a real Bitcoin prize pool and regular tournaments. Farcana is backed by the patented deflationary economic model coined Play-to-Hash which is based on Bitcoin mining power. It bridges the gap between Web2 gaming quality and the Web3 economy and technologies. Farcana’s ambassadors are leading physical and eSports athletes including Zeus (CS:GO player), and UFC athletes Albert Duraev and Khamzat Chimaev.