IQQ, created by the IQONIQ FanEcosystem, is a brand new utility coin which can be used within the new IQONIQ app platform, and is now accessible for buying and selling on Bittrex, as per Bittrex Global’s Twitter announcement on March 18th.
Bittrex Global is a Liquid Exchange, IQQ to Reach More Fans
Traders and followers of partnering sports activities golf equipment and leisure can now simply purchase the token from Bittrex. IQQ is trading with BTC and USDT pairs on the trade.
According to a CoinMarketCap (CMC) rating, Bittrex Global is the thirteenth largest cryptocurrency trade with a rating of seven.5. This is predicated on net site visitors, quantity, common liquidity, and precise volumes. On common, the Bittrex Global platform has 24-hour buying and selling volumes of $215 million from 654 markets and over 320 cash/tokens.
Created by the IQONIQ FanEcosystem, IQQ is much past simply one other tradable ‘Token’. It will, as a pure utility, add worth to the broader IQONIQ group and IQONIQ App as soon as launched, by permitting its holders to additionally speed up their advantages and incentives to entry a bunch of merchandise, ticket retailers, memorabilia, prizes and a lot extra, via supercharging the in-app Loyalty Points rewarded for fan engagement.
The IQONIQ FanEcosystem will present the way forward for fan engagement, working from a non-public blockchain. The group behind the IQONIQ App, have already actively partnered with a large number of sports activities groups worldwide, presenting to followers a chance to work together with golf equipment and sport/leisure superstars alike.
The overarching aim of the IQONIQ App is to disrupt the multi-billion sports activities and leisure industries by mixing blockchain know-how’s greatest features and overhauling the engagement mannequin to create worth for customers.
Commenting on the IQQ itemizing on Bittrex Global, IQONIQ’s CEO Kazim Atilla stated:
“We’re delighted to have reached this milestone for not simply IQONIQ, however for the business as an entire. The IQQ Token will revolutionize the methods persons are rewarded for his or her loyalty when used inside the IQONIQ App which is about to launch this 12 months. We have already got an enormous record of unbelievable partnerships with a number of the largest names in sports activities and leisure immediately, and itemizing on Bittrex Global gives us with the right platform to make IQQ Tokens accessible for everybody.”
The Global Sports Market to Reach $830 Billion by 2030
According to Statista, the worldwide sports activities market alone stood at $471 billion in 2018, up from $324 billion in 2011.
The United States’ sporting scene captured simply 32.5 p.c of the gross worth.
Parallel analysis knowledge reveals that the worldwide sports activities market can attain $600 billion by 2025, hovering to $830 billion in 2030, rising at a compound annual progress fee (CAGR) of 6.6 p.c. From this, the spectator phase of sport is essentially the most dominant.
However, whereas the United States dominates, sporting occasions draw billions within the Asian Pacific, Western Europe, and the Middle East. Nonetheless, research additional reveal that the sector is extremely fragmented.
Focus on Sporting and Entertainment Worlds
The IQONIQ platform is particular, solely concentrating on the sports activities and leisure world. By launching a fan engagement platform from a non-public blockchain, they simply unite and synchronize flows within the sporting and leisure sectors.
It is, in spite of everything, mandatory. Statistics on Facebook present that it reaches 59 p.c of the worldwide inhabitants, the second most downloaded software solely trailing TikTok.
What’s extra, a mean person spends 34 minutes day by day on the platform to assemble information and different info. IQONIQ is, being an interactive platform, is a information portal, a merch retailer, full with gamified interplay the place customers can win implausible prizes.
A Platform for Fans and Brands
IQONIQ unites the content material from superstars and organizations in sports activities and leisure into one partaking platform, making a useful synergy between adoring followers and sports activities/idols.
From day one of many challenge, IQONIQ had included plans to have digital collectibles inside the App, which now via the blockchain and NFT construction, will give extra transparency and safety to all engaged in buying and selling. Its customers, the followers of its a number of rights holders, may have entry to many potential and present digital collectibles in consequence.
IQQ Rewards Devoted Fans
IQONIQ is altering the way in which followers are rewarded for his or her loyalty to the golf equipment, groups, and idols they comply with, by offering a bunch of advantages in trade for his or her engagement, in-app. For each engagement with the group/star made via the IQONIQ platform, the fan earns Loyalty Points. Accordingly, followers can obtain money backs and reductions on membership. IQQ holders can both redeem their tokens to supercharge their in-app Loyalty Points, and use them to entry a world of cash can’t-buy-offers, corresponding to an opportunity to have dinner with the group, entry the chief field, and meet their idols.
IQONIQ additionally goes past simply followers to be a strong influencer advertising and marketing platform utilizing knowledge chopping throughout geographies and demographics.
By leveraging their intensive expertise, they create a channel for customers to promote brands, effortlessly creating a chance for manufacturers to affiliate themselves with established manufacturers in sports activities and leisure. Here, manufacturers can just about sponsor any idol/membership from a choice of customary IAB show properties on completely different sections.
Through the IQQ utility cash, the IQONIQ platform instantaneously connects followers and sports activities/entertainers. This helps within the engagement, progress, and unification of an unlimited, world group of passionate followers.
IQONIQ faucets on reciprocity to create worth–a win-win for each events the place followers are one step nearer to their passions—golf equipment and leisure idols.
IQONIQ’s tokens are associated to their Estonian entity and the app/enterprise to the corporate which is included in Monaco.
Published at Thu, 18 Mar 2021 16:15:56 +0000