PARSIQ Introduces New Subscription Model as World’s First Decentralized SaaS Powered by IQ Protocol

The ability for companies to create their business models by issuing tokens is advancing the FinTech industry as we know it. Tokenomics, or the token economics behind these blockchain-based assets, are completely redefining the way companies fundraise and implement business models. However, this evolution has also brought about complex regulatory, economical and technical challenges that can sway many from adopting token frameworks. For example, projects offering existing tokens have weak utility behind their tokens. This usually leads to poor demand and purpose behind the token. Apart from that, not every project has the proper know-how to create a strong token economy, which is vital to the long-term growth of the project. Furthermore, launching a token is tricky as most projects (blockchain-based or not) certainly don’t want their token to be categorized as investment securities. Thankfully, IQ Protocol, developed by PARSIQ can solve all of these problems. IQ Protocol offers an innovative circular economy model allowing projects, enterprise firms and organizations to issue and manage compliant tokens. The First Cryptocurrency SaaS, Explained As the creators of IQ Protocol, the PARSIQ team has devised a blockchain agnostic solution for implementing subscriptions on-chain in a flexible and cheap manner. This has been done all while preserving the all-important workflows such as cancel/refund policies, different time-frame con...