Singapore – (Newsfile Corp. – Oct 26, 2021) – ZIQ is proud to present a metaverse for trading real estate virtually on 3D maps. Virtual real estate trading is nothing new to the crypto world, but ZIQ aims to do it differently by combining virtual real estate with real world maps.
ZIQ was first created to create a software or platform infrastructure where blockchain or cryptocurrency can be used, used and consumed in practice by users. One of its platforms under construction is ZIQ World, it is a metaverse where users can trade virtual real estate based on 3D maps in real time.
ZIQ presents a metaverse for trading real estate virtually on 3D maps
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In the metaverse
In this metaverse, what users exchange with ZIQ tokens are called “tiles”, one tile is implemented in 30 square meters. For this reason, each region of ZIQ World is made up of a different number of grid tiles.
For example, the Korea region, which will be opened for the first time on October 28, 2021, has a total of 112 million tiles. The following confirmed region update schedules are Shanghai, Beijing, China, New York, United States, London, United Kingdom, Tokyo, Japan, Paris, France and more to come.
Several ways to swap tiles
There are two ways that users can trade tiles, one is to force-buy, which means users can pay an additional ZIQ token equal to 30% of the most recent negotiated price to force-take those tiles; another way is buy at user price, which means users can buy at the price set by the most recent tile owner. Virtual real estate transactions in ZIQ World between all users are negotiated and concluded in real time on the map, and recent transactions are displayed on the graph of each tile.
About ZIQ Token and tokenomics
The ZIQ token used in tile trading is an Ethereum-based erc-20 smart contract token, and it has been listed on other trading platforms before, including LBank Exchange. The total supply of ZIQ tokens issued is 3 billion (i.e. 3,000,000,000 ZIQ), and 70% of this will be provided for staking, which will begin in November 2021, all users will receive a staking interest in ZIQ tokens equivalent to 20% of the asset value if they contain 10,000 or more tiles before ZIQ TIME reaches 00:00:00 at the end of each month and is initialized. In order to receive 20% stake interest, users must continue to trade while defending tiles to contain more than 10,000 tiles before the ZIQ TIME is reset each month.
Besides these 30% instant profit from forced trading and 20% interest per month for holding 10,000 or more tiles, users can also use ZIQ tokens to purchase NFT ownership of 3D virtual real estate objects, such as as the Statue of Liberty and the Eiffel Tower. , and eventually the platform will go further by including 3D objects like vehicles, people and other animals to build a true 3D metaverse. The ZIQ project plans to launch a separate marketplace for these in the future in the form of NFT.
Use crypto in different ways
ZIQ World is only a part of the whole ZIQ project, in fact there are already two other platforms and software bundled, ZIG QUEST and ZIQ Wallet.
ZIG QUEST is a real-time job search and matchmaking platform based on the user’s map and location. The platform was launched on May 16, 2021 and currently has more than 20,000 users. It updates 900 to 1200 job information data every day and provides user services 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 the purchase of paid services on ZIG QUEST.
ZIQ Wallet is a decentralized crypto wallet for the ZIQ token and Ethereum, although it currently only supports Korean, 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 used in different ways.
The beginning of the future
With a well-planned roadmap ahead, this is just the beginning of the ZIQ project’s future to realize its full potential. By the end of the fourth quarter of 2021, the project plans to open more than 15 local businesses around ZIQ World. To further expand its global reach, the ZIQ project is working with platforms such as LBank Exchange to list its native token, which can dramatically improve the liquidity of the ZIQ token.
The well-experienced project team has already partnered with more than 20 national universities in Korea and more than 30 private business partners. It continues to build its capacity and expand its presence in East Asia such as Korea, Japan and China by recruiting development talent and jointly participating in R&D.
ZIQ was originally created to create a software or platform infrastructure in which users could use, use, and consume blockchain or cryptocurrency in practice. One of its platforms under development is ZIQ World, which is a metaverse where users can trade virtual real estate based on 3D maps in real time.
LBank is an evolving global cryptocurrency trading platform that offers secure trading for users. It also provides professional and convenient crypto asset exchange services, derivative services and asset management services. The platform has more than 6.4 million users in more than 210 countries.
ZIQ official website: https://ziq.world/
LBK Blockchain Co. Limited
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