PARSIQ

Halal Rating :
Comfortable
Last Price $0.19 Last updated:
Rank 515
1D Change 3.91 %
Market Cap $59.77m
Circulating supply 310,256,872
Maximum supply 500,000,000

Crypto Overview

Categories
  • Services
  • AI & Big Data
  • DeFi
  • Smart Contracts
  • Ethereum Ecosystem
  • Algorand Ecosystem
  • Solana Ecosystem
  • Analytics
  • Web3
  • BNB Chain Ecosystem

Overview

PARSIQ is a blockchain monitoring and data automation platform that serves as a multi-level blockchain data processing solution. The platform enables real-time monitoring and automation of blockchain activities and smart contracts.

Purpose and Utility

The PRQ token serves as the primary utility token within the PARSIQ ecosystem. It is used to pay for platform services, including monitoring, automation, and data processing. Users must hold PRQ tokens to access the platform's features and services.

Business Model

PARSIQ's business model revolves around providing blockchain data monitoring and automation services to businesses, developers, and institutions. The platform offers legitimate technological utility through its data processing capabilities and integration services.

Real-World Adoption

PARSIQ has established partnerships with several blockchain projects and enterprises. The platform processes millions of blockchain events daily and has integrated with multiple blockchain networks including Ethereum, Binance Smart Chain, and Solana.

Development Activity

The project maintains active development with regular updates to its platform and infrastructure. The team consistently releases new features and improvements to the core technology.

Token Distribution

The token distribution includes allocations for team members and early investors with standard vesting periods. While exact percentages are subject to change, the distribution appears structured to support long-term development rather than short-term gains.

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