PARSIQ

PARSIQ

PRQ
$0.080699266%1.20

Key Metrics

Price$0.080699266
Real Volume (24H)$1,234,136.87
Marketcap$21,002,538.59
Fully Diluted Valuation$24,882,894
ATH$2.62
ATH Date4/12/2021, 7:14:28 AM
ATL$0.0018575
ATL Date10/7/2020, 5:05:09 PM
Circulating Supply178M
Total Supply310M
WebsiteN/A
WhitepaperN/A
Popularity Rank958
Chart
What is PARSIQ?

Parsiq (PRQ) is a Web3 data platform designed to provide functionality for blockchain data. The platform was created to address the need for a bridge between blockchain and real-world applications. It uses smart triggers and a trigger wizard to build functionality, making it easier for users to interact with blockchain data without the need for manual integration.

The smart trigger function of the Parsiq platform ensures that data integration happens automatically whenever downstream events occur on the blockchain. The platform detects and responds to such events, allowing users to receive real-time alerts. Additionally, the smart trigger detects and blocks risky transactions and accounts, reducing the risks associated with blockchain data. The trigger wizard is an easy-to-use tool that allows users to create smart triggers in a few minutes with simple steps.

Parsiq aims to drive the adoption of blockchain technology by providing users with an efficient way to access and use blockchain data. PRQ is the native token of the Parsiq ecosystem, which operates on the Ethereum blockchain. Users can use PRQ tokens to access all services and tools provided within the ecosystem, including the lending protocol. By lending their PRQ tokens to the protocol renting pool, users can earn rewards daily, which they can claim or withdraw at any time.

The Parsiq ecosystem's IQ protocol manages the ecosystem's economy by collecting subscription fees and using them to increase demand for PRQ tokens. In addition, users can borrow Power tokens from the protocol for a limited period, which they can only use for subscriptions. The platform was co-founded by Anatoly Ressin, Andre Kalinowski, and Tom Tirman, and it has a total supply of 61,397,770.581654 PRQ tokens.

In summary, PRQ is a utility token that powers the Parsiq platform, a Web3 data platform designed to provide users with efficient access to blockchain data. The platform's smart trigger and trigger wizard features make it easier for users to interact with blockchain data, and the PRQ token enables users to access all services and tools within the ecosystem, including the lending protocol. The IQ protocol manages the ecosystem's economy, while Power tokens enable users to subscribe to Parsiq's services.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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