In a huge leap forward for sports and entertainment, the IQONIQ FanEcosystem announced the listing of its IQQ Token on the well-renowned cryptocurrency exchange Bittrex Global, this week.
The token was listed, with IQQ/USDT and IQQ/BTC trading pairs becoming available from 4pm CET on Thursday 18th March.
As a pure utility, the new IQQ Token will be an important part of the wider IQONIQ family, which sets this new token apart. It will among other things, allow its holders to accelerate their benefits and incentives within the IQONIQ app, a revolutionary new fan engagement platform that is set to launch later in 2021.
How the two IQONIQ business will supercharge the market
Established as separate business entities to ensure the best possible solution is provided to both IQQ holders and app users and partners, the app already boasts an impressive list of over 100 global sports property partners across F1, Formula E, football, rugby, cricket, and many more, with a further 200 partner discussion ongoing. The IQQ token will allow holders to access exclusive content, merchandise, ticket shops, memorabilia, prizes, AR, and OTT platforms, to name a few, through either granting exclusive access to certain in-app elements, or by supercharging the in-app Loyalty Points rewarded to fans for their loyalty and engagement.
Speaking about the listing, IQONIQ CEO Kazim Atilla said the following:
“We’re delighted to have reached this milestone for not just IQONIQ, but for the industry as a whole. The IQQ Token will revolutionize the ways people are rewarded for their loyalty when used within the IQONIQ App which is set to launch this year. We already have a huge list of incredible partnerships with some of the biggest names in sports and entertainment today, and listing on Bittrex Global provides us with the perfect platform to make IQQ Tokens available for everyone.”
— Bittrex World (@BittrexGlobal) March 17, 2021
What’s extra, digital collectibles have been a central factor to Atilla’s unique imaginative and prescient for IQONIQ’s token and app companies since 2017.
Acknowledged largely right now as NFTs, these collectibles is not going to solely be obtainable to earn and commerce via the app, however can be minted, opening up a world of potential alternatives, and displaying one more approach during which the IQONIQ app and the IQQ Token have very vivid futures forward.
All that is in fact made potential by using blockchain, which other than providing transparency additionally ensures reliability of the community by lowering dependency on a single server. The blockchain which will probably be utilized by IQONIQ, may have the aptitude of executing hundreds of transactions per second, that means will probably be well-positioned to deal with the elevated demand of future sports activities and leisure markets.
How IQONIQ goals to vary sports activities and leisure
Burdened by a large number of social platforms, ticket portals, on-line shops, and content material choices that always fail to reward fan loyalty, the IQONIQ app addresses the problems confronted by many organizations and can ship worth again to the entire sports activities and leisure ecosystem; from rights holders, idols, and types to the followers themselves. When IQQ holders use their tokens to speed up their advantages in-app, the world of potentialities are actually limitless.
By bringing all of the modern-day options of fandom underneath one roof, mixed with the huge array of companions it already has, the IQONIQ app will probably be a worldwide main, all-encompassing, and actually partaking fan expertise platform.
The itemizing of IQQ on Bittrex World, with extra exchanges deliberate to launch later this month, will assist IQONIQ develop its group by turning into extra accessible to traders and followers from the world over. These focused on turning into a part of the group and having fun with an immersive fan expertise can visit Bittrex Global now to trade IQQ.
The IQQ Tokens are issued and marketed by IQONIQ FanEcosystem OU, an impartial entity from IQONIQ Group SARL, which is the proprietor of the forthcoming revolutionary fan engagement app.