IQ Protocol Integration with GameFi/Metaverse Project, Nyan Heroes, Creates Rental Market for In-Game NFTs

IQ Protocol’s mission to unlock NFT value within the GameFi space continues with its significant integration with highly anticipated GameFi project, Nyan Heroes

Tallinn, Estonia–(Newsfile Corp. – January 28, 2022) – IQ Protocol announces integration with play-to-earn GameFi project, Nyan Heroes. The Integration will allow Nyan Heroes players to rent and lend their in-game NFTs risk-free and without collateral.

Built on the Solana blockchain, Nyan Heroes is an NFT, play-to-earn game created for the metaverse. As many gamers know, a majority of play-to-earn games incentivize players by the prospect of earning and not by the prospect of playing. With Nyan Heroes, earning rewards may be a motivating factor for players, but it is certainly not the only motivating factor. This ambition is mirrored by the traditional gaming backgrounds within the project team, which includes Ubisoft, EA, Riot Games, and Respawn.

IQ Protocol will add the revolutionary dynamic of a rental economy onto the Nyan Heroes already strong fundamental GameFi proposition. In addition to unlocking huge value for players in-game assets, the rental market will also democratize user experience as players will be able to experience and benefit from assets which they may not be able to afford to buy outright.

Of the integration Nyan Heroes Founder, Max Fu, said “IQ Protocol is a powerful DeFi framework used to power NFT rental systems. We’re thrilled to be working with their team to create a vibrant rental market for our in-game assets, and are excited about the new opportunities this will create for our players and community.”

This was echoed by Tom Tirman, CEO of IQ Labs, who said, “We believe NFT rentals will unlock billions in utility and enable totally new in-game experiences. We look forward to working with the great team at Nyan Heroes.”

Renting and lending NFTs via IQ Protocol greatly amplifies the possibilities for individual players to interact with other individuals. However, it will also build stronger communities among networked players in Nyan Heroes-in particular, when it comes to allowing gaming guilds to rent out NFTs, while retaining ownership of the NFT. Whether it be the renting of featured characters or signature collections of skins, weapons, and other items, IQ Protocol will also provide a seamless experience for guilds to rent out their NFTs to players.

About Nyan Heroes

Nyan Heroes is an NFT game built on the Solana blockchain, that is part of the ‘play to earn’ metaverse.

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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.

Website: iq.space
Blog: iqlabs.medium.com
Twitter: www.twitter.com/iqlabs_official
Discord: www.discord.com/invite/dApUa87ns7
Telegram: https://t.me/iq_protocol

Media contact

Francis Foster
Communications Lead
+44 7850 687 666
francis(@)parsiq.net