IQ Protocol is happy to welcome another exciting GameFi platform into our ecosystem, Fabwelt!
Fabwelt
Fabwelt is a blockchain gaming platform and independent gaming studio, offering a variety of functionalities to both players and game creators.
For players Fabwelt will provide an expansive GameFi ecosystem, boasting games from all genres, from First-Person Shooters and Action-Adventure, to Strategy, RPG, Fantasy, and more. Not only do they approach the Play-to-Earn model with a creative eye, but they are also dedicated to producing utility-based collections of collectibles and NFTs to add new layers to players’ experience. Interestingly, they also plan to connect all of their games into a single, shared virtual reality, a “Gamingverse”, where players can utilize their NFTs in a number of ways.
For game creators, Fabwelt offers a gaming studio full of valuable resources. Offering developmental and infrastructural support, they strive to integrate blockchain technology into games for PC, console, and mobile platforms. For example, Fabwelt offers game creators with technology to build out NFT capability within their games and apps.
Winners of a “Best Gaming Project” prize from the Polygon-Grants Hackathon, Fabwelt has an exciting future ahead of them!
IQ Protocol + Fabwelt
IQ Protocol will be providing more than one important solution for Fabwelt!
First, we are thrilled to provide the basis for Fabwelt’s NFT marketplace. Using our technology, Fabwelt will be able to provide its users with the ability not simply to store, buy, sell, or trade NFTs, but will also be able to lend or rent them out to other users. And even more than that, our model of renting is risk-free, collateral-less, and offers massive amounts of flexibility.
Second, IQ Protocol will also be powering the subscription model for Fabwelt’s subscription service. Besides being an NFT lending platform, IQ Protocol also offers other platforms an easy-to-adopt model for offering subscriptions to their services. For platforms like Fabwelt, our solution is ideal, because of its ease of use! Players will be granted access to their ecosystem just by holding $WELT tokens. We will also provide their users with the flexibility to pay a monthly or annual subscription, and token holders who lend out their tokens can earn extra income to boot!
By utilizing IQ Protocol as the basis of their NFT rental marketplace and subscription services, Fabwelt is making it easier for gamers and creators to enjoy what they love: gaming!
Curious to know more about how IQ Protocol works? Have a look at this link!
We are happy to join in Fabwelt’s endeavors, and look forward to the future together.
About Fabwelt
Fabwelt is a revolutionary concept that brings blockchain technology into the core of high-quality games of all types or genres.
About IQ Protocol
IQ Protocol is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility, while allowing holders to earn by providing liquidity without risk.
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