When was the PARSIQ (PRQ) coin issued?

Key Point: The PARSIQ (PRQ) coin was issued on September 10, 2021, through an Initial Coin Offering (ICO) that raised $10 million.

Dec 28, 2024 at 06:13 am

Key Points:

• PARSIQ (PRQ) Coin Issuance Date
• Overview of PARSIQ and its Blockchain Monitoring Platform
• Benefits and Features of PARSIQ
• PARSIQ Tokenomics and Token Distribution
• Use Cases and Applications of PARSIQ
• Market Presence and Partnerships of PARSIQ
• FAQs on PARSIQ

When was the PARSIQ (PRQ) coin issued?

The PARSIQ (PRQ) coin was issued on September 10, 2021, through an Initial Coin Offering (ICO). The ICO raised $10 million, with 100 million PRQ tokens being sold to investors.

Overview of PARSIQ and its Blockchain Monitoring Platform

PARSIQ is a blockchain monitoring and analytics platform that enables businesses and developers to track, analyze, and react to events on blockchains in real-time. With its powerful tools and user-friendly interface, PARSIQ simplifies the process of monitoring blockchain activity, identifying trends, and spotting potential threats or opportunities.

Benefits and Features of PARSIQ

PARSIQ offers a comprehensive suite of features that cater to the diverse needs of blockchain users, including:

• Real-time Event Monitoring: Monitor blockchain transactions, smart contracts, and other events in real-time for immediate notification of changes.
• Historical Data Analysis: Access historical blockchain data to identify trends, patterns, and anomalies, allowing for in-depth analysis of blockchain activity.
• Advanced Alerting: Set up customized alerts to receive notifications when specific events occur, ensuring timely responses to critical situations.
• Extensive Blockchain Support: Monitor a wide range of blockchains, including Ethereum, Bitcoin, Polygon, Avalanche, and more.
• User-friendly Interface: Designed with ease of use in mind, PARSIQ's intuitive interface makes it accessible to both technical and non-technical users.

PARSIQ Tokenomics and Token Distribution

The PRQ token is the native utility token of the PARSIQ ecosystem, serving multiple purposes:

• Payment of Platform Fees: Users pay fees for using PARSIQ's monitoring and analytics services, which are paid in PRQ tokens.
• Staking Rewards: Token holders can stake their PRQ tokens to earn rewards and contribute to the security of the network.
• Governance: PRQ token holders have voting rights, allowing them to participate in decision-making regarding the development and direction of the PARSIQ platform.

• Token Distribution: 1 billion PRQ tokens were created, with the following distribution:

  • 40% for Public Sale and Liquidity
  • 20% for Team and Advisors
  • 20% for Foundation
  • 10% for R&D and Partnerships
  • 10% for Marketing and Ecosystem Growth

Use Cases and Applications of PARSIQ

PARSIQ has wide-ranging applications across various domains, including:

• DeFi: Monitor smart contracts, identify liquidity pools with high growth potential, and analyze transaction patterns for market insights.
• NFTs: Track NFT drops, monitor market activity, and gain insights into the performance of NFT collections and individual assets.
• Web3 Development: Monitor blockchain transactions and smart contracts to ensure smooth deployment, testing, and operation of web3 applications.
• Enterprise Use Cases: Enhance supply chain management, fraud detection, and risk mitigation by leveraging PARSIQ's blockchain monitoring capabilities.

Market Presence and Partnerships of PARSIQ

PARSIQ has established a strong market presence, with partnerships with leading blockchain projects and companies, including:

• Ethereum Foundation: Official partner, collaborating on improving the Ethereum ecosystem and monitoring smart contract activity.
• Blockchain Insurance Institute (BII): Partner in developing risk assessment and insurance solutions for the blockchain industry.
• Chainlink: Integration with Chainlink, enabling access to blockchain data and events for use in smart contract applications.
• APEX Crypto: Strategic alliance, utilizing PARSIQ's platform for risk management and market monitoring.

FAQs on PARSIQ

Q: What is the value proposition of PARSIQ?
A: PARSIQ offers a comprehensive blockchain monitoring and analytics platform, providing real-time event monitoring, historical data analysis, advanced alerting, and extensive blockchain support for various use cases in DeFi, NFTs, web3 development, and enterprise applications.

Q: How can I use PARSIQ?
A: To use PARSIQ's platform, you can create a free account on their website and connect your blockchain addresses or smart contracts. The platform provides a user-friendly interface and documentation to guide you through the process.

Q: Where can I buy and trade PRQ tokens?
A: PRQ tokens can be purchased and traded on various cryptocurrency exchanges, including Huobi Global, Bybit, Gate.io, and BKEX.

Q: Is PARSIQ a safe and reliable platform?
A: PARSIQ employs rigorous security measures, including encryption, multi-factor authentication, and regular security audits. The platform is trusted by leading blockchain projects, enterprise clients, and individual users.