Laqira Protocol

Laqira Protocol is an integrated metaverse platform that bridges the gap between people on Earth and blockchain-based technologies. The platform offers beneficial services and technologies such as Gamefi, DeFi, staking, wallet service, exclusive dapps, and many more.

In addition, the Laqira Protocol is a one-stop solution where users can find all the required services to participate in the crypto world. Also, the platform offers a fully secured ecosystem for its financial services and a community-driven platform. It allows its members to take part in voting for the platform’s developmental proposals. If the proposals gain enough positive votes, the project gets approval for further development on the Laqira platform.

According to its whitepaper, NFT is a tool for creating a decentralized environment for craftsmen, craftswomen, and artists and inventors. Laqira Protocol’s NFT marketplace is public and open to all art enthusiasts. They get equal opportunity to exhibit their skills, purchase and collect art pieces as NFTs, etc. However, the transactions on the platform are transparent and decentralized, thus, resulting in it as a regular and fair market.

The LQR token is the native token of the Laqira Protocol. It is a governance token and allows users to participate in voting for proposals to improve the Laqira Protocol. The implemented voting system aims to allow token owners to actively participate in the project and seeks to welcome unique ideas and proposals. 

 In the token distribution, 30 percent of the total tokens are kept locked in the liquidity pool, and 20 percent are reserved in the ecosystem. Liquidity is the easy conversion of an asset into traditional currency without impacting the market price. Moreover, 15 percent is distributed in the team, and 5 percent goes for advisory and development. Fifteen percent is utilized in the marketing of the token. 

In the fourth quarter of 2021, the Laqira Protocol (LQR) was launched. Moreover, SinaOsivand is the CEO of the Laqira Protocol.