Blockchain
ZIQ Introduces a Metaverse To Trade Real-Estate Virtually On 3D Maps
Singapore–(Newsfile Corp. – October 26, 2021) – ZIQ is proud to introduce a Metaverse to trade Real-Estate Virtually On 3D Maps. Trading virtual real estate is not a new thing in the crypto world, but ZIQ aims to do differently by combining virtual real estate with real world maps.
ZIQ was first created to build a software or platform infrastructure where blockchain or cryptocurrency can be used, utilized and consumed in practice by users. One of its platform being built right now is ZIQ World, it’s a metaverse where users can trade virtual real estate based on 3D maps in real time.
ZIQ Introduces a Metaverse To Trade Real-Estate Virtually On 3D Maps
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In the Metaverse
In this metaverse, what users trade with ZIQ tokens are called “tiles”, one tile is implemented in 30 square meters. For this reason, each region of the ZIQ World is made up of a different number of grid tiles.
For example, the Korea region, which will be opened first on October 28, 2021, has a total of 112 million tiles. The following region update schedules confirmed are Shanghai, Beijing, China Area, New York, U.S.A Area, London, UK Area, Tokyo, Japan Area, Paris, French Area and more to come.
Multiple ways to trade tiles
There are two ways that users can trade tiles, one way is buying at forced price, which means users could pay an additional ZIQ token equal to 30% of the most recent traded price to forcibly take those tiles; another way is buying at user price, which means users can buy at the price set by the most recent tile owner. Virtual real estate in ZIQ World trading between all users are traded and concluded in real time on the map, and recent transactions are displayed on the graph of each tile.
About ZIQ Token and the tokenomics
The ZIQ token used in trading tiles is an Ethereum-based erc-20 smart contract token, and it has already been listed on other trading platforms including LBank Exchange. The total issued supply of ZIQ token is 3 billion (i.e. 3,000,000,000 ZIQ), and 70% of it will be provided for staking, which will start in November 2021, all users will receive staking interest in ZIQ tokens equivalent to 20% of the asset value if they hold 10,000 tiles or more before the ZIQ TIME reaches 00:00:00 at the end of each month and is initialized. In order to receive a 20% staking interest, users must continue to trade while defending tiles to hold more than 10,000 tiles before the ZIQ TIME is reset every month.
Besides these instant 30% profit through forced trading and 20% interest staking per month for holding 10,000 tiles or more, users can also use ZIQ tokens to purchase NFT ownership of 3D virtual real estate objects, such as the Statue of Liberty and the Eiffel Tower, and eventually the platform will go beyond that by including 3D objects like vehicles, people and other animals to build a true 3D metaverse. ZIQ project has a plan to launch a separate marketplace for these in the form of NFTs in the future.
Utilizing Crypto in Various Ways
ZIQ World is only a part of the whole ZIQ project, in fact, there are already two other platforms and software being provided, ZIG QUEST and ZIQ Wallet.
ZIG QUEST is a real-time job search and matching platform based on map and user location. The platform was launched on May 16, 2021, and has more than 20,000 users so far. It updates 900 to 1,200 job information data every day, and provides services to users such as real-time user chat, transaction transfer, job search review, evaluation and history management. ZIQ tokens are used for payment between users, payment escrow and purchase of paid services on ZIG QUEST.
ZIQ Wallet is a decentralized crypto wallet for ZIQ token and Ethereum, although it currently only supports Korean, the English and Chinese will be updated in the future. Users can download it through Google Play Store or Apple App Store and use it immediately.
In addition to these platforms and software, the ZIQ project team plans to develop more platforms and software where ZIQ tokens can be utilized in various ways.
The Beginning Of The Future
With a well-planned roadmap ahead, this is only the beginning of the ZIQ project’s future to realize its full potential. By the end of Q4 2021, the project plans to open more than 15 local trades around the ZIQ World. To further expand its global reach, ZIQ project collaborates with platforms like LBank Exchange to list its native token, which can significantly improve the liquidity of the ZIQ token.
The well-experienced project team has already established partnership with more than 20 national universities in Korea and more than 30 private business partners. It continues to strengthen its capabilities and expand its presence in East Asia such as Korea, Japan, and China by hiring development talents and jointly participating in R&D.
About ZIQWORLD
ZIQ was initially created to create a software or platform infrastructure in which users could use, utilize, and consume blockchain or cryptocurrency in practice. One of its platforms that is currently being developed is ZIQ World, which is a metaverse where users can trade virtual real estate based on 3D maps in real time.
About LBank
LBank is an ever growing global cryptocurrency trading platform which offers safe trading for users. It also provides professional and convenient crypto-asset exchange services, derivatives services, and asset management services. The platform has more than 6.4 million users in over 210 countries.
ZIQ Official Website: https://ziq.world/
LinkedIn: https://www.linkedin.com/company/ziq/
Website: https://www.lbank.info/
Twitter: https://twitter.com/LBank_Exchange
Facebook: https://www.facebook.com/LBank.info/
Telegram: https://t.me/LBank_en
YouTube: https://www.youtube.com/c/LBankExchange
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100782
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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