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What is Alpha Quark?
Alpha Quark Token (AQT) functions as a digital asset within the realm of blockchain technology, emphasizing the generation and exchange of Non-Fungible Tokens (NFTs) linked to intellectual properties. AQT endeavors to offer a platform enabling users to create, promote, and trade significant NFT items associated with diverse intellectual properties, including music copyrights, movie copyrights, and webtoon copyrights. Its objective is to establish a fresh market where users can easily engage with valuable digital assets. Additionally, AQT aims to deliver a metaverse experience, positioning the Alpha Quark token as a utility token within this digital universe.
Use Cases for AQT Token
The Alpha Quark Token holds significant potential applications centered on generating, promoting, and trading NFTs linked to intellectual properties, encompassing music copyrights, movie copyrights, webtoon copyrights, and more. AQT aims to streamline the monetization of these intellectual property assets, aspiring to create a novel market that allows users easy access to and trading of these valuable digital assets. Additionally, by offering a metaverse experience, AQT may find utility within this digital universe for diverse transactions and interactions, expanding its range of potential use cases.
Alpha Quark's Accomplishments
Alpha Quark has introduced an NFT marketplace that empowers users to both create and sell their NFTs, while also facilitating the purchase of NFT items within the platform. For transactions, users have the option to utilize the Alpha Quark Token as a method of payment.
Through a collaboration with Poly Network, Alpha Quark offers a bridge service, enabling users to seamlessly convert their ERC20-based Alpha Quark Tokens to BEP20-based Alpha Quark Tokens. This ensures that Alpha Quark Token on the BNB Chain (formerly Binance Smart Chain) can be easily transferred or utilized on Alpha Quark's platform with reduced network fees.
As a pioneer in the NFT space, Alpha Quark demonstrates its commitment to supporting artists through an artist support program, providing education and resources to help them enter the NFT market.
Introducing a peer-to-peer NFT collateral lending protocol, Alpha Quark's platform serves as a straightforward marketplace for collateralized NFT loans. This protocol allows borrowers to offer assets as collateral for a loan, while lenders can make loan offers with the expectation of earning interest. Importantly, users can secure a loan without selling their NFTs, offering a unique avenue for obtaining funds. The NFT lending protocol currently extends its support to the BNB chain and the Klaytn network.
Alpha Quark Team Background and Partnerships
The core team of Alpha Quark consists of 5 members:
- Terry Kim: Founder & Chief Executive Officer
- Kyle Kim: Chief Operating Officer
- Seung Hoon Back: Chief Technology Officer
- Lucia Lim: Chief Marketing Officer
- Lee Kyoung Young: Chief Information Security Officer
Alpha Quark's exchange partners: Houbi Global, Bithumb, ZT Global, Superex, Coinbetter, BingX, Hotbit, Bitcratic...
Alpha Quark's ecosystem partners: Paycoin, Poly Network, Adappter, MathWallet, TreasureLand, SotaFinance, Fangible, Wizard, Cloud NFT, Xpansion...
Alpha Quark's Project Development
Introduction of 4 newly whitelisted NFT collections on the BNB chain, all of which can be used as collateral for lending on Alpha Quark's NFT Collateral lending protocol:
- Landian Lands
- Metamon Island
- SquidKingdoms NFT
- Yuliverse NFT
Alpha Quark Price Analysis
As of December 25 2024 Alpha Quark has a marketcap of $36M. This is {{percentagefromath}} from its all time high of $15.37. In terms of its tokenomics, there's a total supply of 30M with 89% currently outstanding. Keep in mind Alpha Quark has a fully diluted value of $40M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
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