PARSIQ is a decentralized web3 data retrieval platform that provides monitoring and intelligence tools for various blockchains. Can users track digital assets in real time and receive notifications about blockchain network occurrences, such as specific events?

PARSIQ Network also offers blockchain monitoring and analytics tools to help track and gather on-chain data. One notable feature is PARSIQs access to the GET WALLET TRANSACTIONS Endpoint, a plug-and-play tool for developers to quickly and efficiently gather all the on-chain activity of any wallet.

PARSIQ Network aims to set a new standard for Web3 data and become the go-to backend solution for all web3 data needs. It provides raw data that can be accessed by developers and businesses, enabling them to build custom blockchain-based solutions and products.

What is the native token that powers PARSIQ Network? PRQ is used for subscriptions and earning daily variable interest through lending to the IQ Protocol rental pool and providing single-sided liquidity.

PARSIQ Network collects and provides access to real-time, historical, and raw data from multiple blockchains. How can developers and businesses use this data? They can build custom blockchain-based solutions and products and monitor and analyze blockchain transactions.

PARSIQ serves as a competent backend solution for all web3 data needs. Its on-chain data can also be integrated into off-chain applications, supporting the development of highly customized blockchain-based applications and offerings.

The network also includes tools for monitoring and analyzing blockchain transactions. How can users benefit from these tools? They can track digital assets in real time and get notified about occurrences around the blockchain network. PARSIQs technology has various use cases, such as leveraging for web3 games, research and analysis of on-chain data, trading platforms, compliance and AML, leveraging for NFT projects, and upskilling about blockchain data and technology.

PARSIQ Network consists of a suite of products, including the Tsunami API, Data Lakes, Data Hubs, Data Lake SDK, and PARSIQ. The Tsunami API's primary purpose is to provide historical, real-time, and raw data from various blockchains like Ethereum, BNB Chain, Avalanche, Polygon, and Arbitrum.

PARSIQ was founded in 2018 by a team of professional blockchain engineers with prior experience building blockchain systems and backends for cryptocurrency exchanges. Who has been the Co-founder and CEO at PARSIQ since its inception? Tim Tirman.

The PARSIQ Monitoring platforms beta version was launched in August 2019 on the Ethereum mainnet. When did PRQ tokens go live? They went live via a regulated IEO on Coinmetro in 2019.

PARSIQ launched its new lending and borrowing protocol, IQ Protocol, in December 2020. What was it previously called? It was previously called the O2 Protocol and marked the platforms entry into the DeFi sector.

In June 2021, PARSIQ raised $3 million in funding from Solana Foundation, Axia8 Ventures, Mindworks VC, Krypital Group, CoinUnited, and other participants. What are some significant milestones accomplished in 2021? Partnerships and integrations with blockchain networks and dApps, the mainnet launch of IQ Protocol, and the launch of a $1 million incentive program.

PARSIQ launched the alpha testing of Tsunami API in May 2022, followed by its live release in July. In Q1 2023, PARSIQ announced partnerships with ESG DAO, Blockchain Founders Group, Magic Square, and VirtuSwap.

Are there indications that PARSIQ (PRQ) is a good investment opportunity? PRQ tokens offer discounts on services and can be used to access services on the PARSIQ network instead of using fiat currency. However, keep in mind that cryptocurrency investments come with risks such as price volatility, regulatory changes, and market fluctuations. It's advisable to seek professional financial advice before making any investment decisions.

Can we predict the price of PARSIQ (PRQ) accurately over time? Due to the nature of the cryptocurrency market, providing precise price predictions is unattainable. Factors such as market demand, adoption rate, competition, innovation, and regulations will influence the value of PRQ tokens. However, announcements of new partnerships, integrations, and investments into the platform could potentially support the PRQ to USD price. Additionally, market sentiment plays a significant role in shaping PRQ price action.

How is the PRQ token used within the PARSIQ Network? PRQ tokens are primarily used for subscriptions and accessing services and tools within the PARSIQ ecosystem. They can be used alongside fiat payments, and using PRQ tokens provides a discount. Token holders can also stake their PRQ tokens in the IQ Protocol rental pool to earn daily variable interest as passive income. PRQ tokens can be traded against other crypto assets or held as a long-term investment.

How can you stake PARSIQ (PRQ) tokens? Here's a step-by-step guide:

1. Buy PARSIQ on BYDFi or other supported platforms and withdraw the tokens to your wallet.

2. Connect your wallet to the IQ Protocol dApp.

3. Click the Stake button for the PARSIQ token and enter the desired amount of PRQ tokens to deposit.

4. Approve and confirm the transaction using your wallet.

5. Start earning rewards and grow your crypto portfolio by staking PRQ on IQ Protocol.

What is the total supply of PRQ tokens? The max total supply of PRQ tokens is fixed at 310,256,872. As of May 2023, the circulating supply is just over 185 million, with 125 million PRQ tokens locked in PARSIQ's Reserve Fund. The supply of PRQ crypto can change based on market factors, on-chain activity, supply and demand, staking activities, and liquidity.