Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

ZIQ Introduces a Metaverse To Trade Real-Estate Virtually On 3D Maps

Published

on

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

To view an enhanced version of this image, please visit:
https://orders.newsfilecorp.com/files/8378/100782_9e68391af4cc4a3b_001full.jpg

In the Metaverse

Advertisement

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

Advertisement

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.

Advertisement

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.

Advertisement

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/

Advertisement

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

Advertisement

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

Advertisement

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

Published

on

bybit-expands-bbsol-yield-opportunities-through-strategic-defi-partnerships
Continue Reading

Blockchain

This Week in Finance News: 11 Stories You Need to See

Published

on

this-week-in-finance-news:-11-stories-you-need-to-see

 

With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

Advertisement

Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

Continue Reading

Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

Published

on

fintech-as-a-service-market:-a-comprehensive-trends-analysis-predicts-a-usd-1,32912-billion-by-2032-cagr:-17.4%-|-pmr
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE