IQ Labs CEO Tom Tirman on Using a Collateral-Less Renting Framework to Unlock Utility for NTFs

IQ Protocol is a decentralized money market for renting digital assets and subscribing to on-chain services. The next money lego that enables users to rent wrapped expirable versions of digital assets without providing collateral for their utility, while also earning from holders by delivering risk-free liquidity. IQ Protocol was developed by the same team that created the highly successful PARSIQ blockchain monitoring and automation software.

PARSIQ and IQ Labs are led by Tom Tirman, the company’s CEO and founder. He just spoke on the Bitcoin.com News Podcast to discuss the technologies that the company is developing. We discuss the following topics during our conversation:

  • Collateralized vs non-collateralized NFT rentals
  • Use cases for NFT rentals in an emerging landscape of NFT utility
  • The tokenomic model IQ Protocol implements for Web3 SaaS projects
  • IQ Protocol’s recent $12M fundraise led by Crypto.com Capital
  • How to qualify for the upcoming $IQT airdrop

Tom has substantial business and finance experience, having worked for both traditional banks and fintech startups, as well as being an entrepreneur. Tom has a track record of establishing teams from the ground up and converting existing teams to generate exponential improvements while working in managerial positions in finance and operations. Tom graduated from TalTech University with a law degree. He concentrates his business on democratizing disruptive next-generation technology.

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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