Laqira Protocol
Laqira Protocol is a blockchain-based platform offering decentralized finance (DeFi) services, an NFT marketplace, and gaming ecosystems. It integrates tools like Laqira Hub, Laqi Dex, and Laqirace to provide users with various trading, payment, and entertainment applications. The platform emphasizes interoperability and accessibility to enhance user engagement within its ecosystem. [1]
Overview
Laqira Protocol, a subsidiary of TOBTC TRADING company based in Istanbul, Turkey, was founded in 2021 and operates in blockchain sectors such as decentralized finance (DeFi), crypto trading, and gaming. Its platform, LaqiraHub, integrates services including LaqiraPay, LaqiDex, TaBit dApp, a Telegram mini-app, an NFT marketplace, and the Laqirace game. The protocol is designed as a metaverse platform to provide accessible blockchain technology through decentralized applications (dApps). Key features include DeFi and GameFi services, a digital wallet, and proprietary dApps. Its NFT marketplace allows users to showcase and share creative work. [2]
Products
Laqira Hub
LaqiraHub is a decentralized platform integrating multiple DeFi services, including LaqiraPay, LaqiDex, and the TaBit dApp, within a unified interface. It features real-time transaction monitoring, market data, and advanced security measures to support payment management, asset trading, and DeFi exploration, targeting various users such as vendors, developers, and businesses. [1] [7]
Laqira Pay
LaqiraPay is a decentralized, asset-agnostic payment gateway that supports multi-network transactions, enabling users to pay with various cryptocurrencies while vendors receive equivalent amounts in stablecoins. It features a fully decentralized smart contract operations for secure, manipulation-resistant transactions, instant settlement, and automatic detection of valid networks, assets, vendor addresses, and transaction amounts. The platform includes a transparent exchange rate mechanism powered by trusted price feeds, slippage protection to mitigate volatility risks, and a built-in wallet for deposits, withdrawals, and payments. Additional features include user cashback rewards, a lottery system funded by transaction commissions, and enhanced usability for customers and vendors through simplified processes and detailed financial statements. [3]
Payment Methods
LaqiraPay offers three payment methods tailored to different vendor needs: [9]
- E-commerce plugin: This method is designed for websites and is compatible with platforms like WordPress, ReactJS, NodeJS, and more. Plugins are developed as open-source projects to encourage global developer collaboration. 2. Mono-Link: This method is suitable for social media-based vendors and streamers. It allows vendors to share a dedicated link where customers can enter the price and description before completing the payment. 3. Point-of-Sale (POS): Ideal for in-store vendors, this app-based solution enables vendors to input prices in local currency or dollars and allows customers to pay by scanning a QR code.
Lottery
LaqiraPay features a blockchain-based lottery program that uses Chainlink’s Verifiable Random Function (VRF) for fairness, transparency, and decentralization. Customers earn one lottery ticket for every $1 spent through LaqiraPay, with purchases below $1 excluded. At the end of each round, a winning ticket is randomly selected using Chainlink’s secure random number generator. The prize pool is automatically available for withdrawal by the winner via LaqiraHub, ensuring a seamless and tamper-proof process. [9]
NFT Marketplace
The Laqira NFT Marketplace is a platform designed to connect artists and craftsmen with blockchain technology, enabling them to mint and sell their creations as NFTs. Users can create NFTs by connecting their wallets, uploading artwork, providing details such as a title and royalty percentage, and paying a transaction fee. Minted NFTs undergo an approval process to ensure compliance with content standards. Once approved, the NFTs are listed for sale. The marketplace offers opportunities for emerging artists to showcase their work to a global audience, including investors and art enthusiasts, who can purchase and collect their creations. [2] [4]
Laqirace
Laqirace is a 3D game categorized within the metaverse because it integrates NFTs, in-game advertising, and features like track ownership for hosting races. Players can participate in activities governed by the Laqira Protocol marketplace and earn income through gameplay.
The game offers two primary modes:
- Racing: Players compete in car races on tracks against artificial intelligence or other online users. Power-ups allow them to gain advantages during the race.- Battle: Participants gather in an enclosed area, using power-ups to attack opponents while avoiding attacks themselves. Laqirace supports various gameplay options, including solo games against artificial intelligence, single matches with online players, and online tournaments. Offline games adjust difficulty dynamically based on the player's progress, while online games feature real users with controls optimized for compatibility across mobile and PC platforms. [5] [6]
Game Modes
Laqirace offers five distinct game modes—Story Mode, Normal Race, Ranked Race, Tournament, and Battle—accessible to players as guests or via wallet-connected IDs. Each mode provides unique gameplay and objectives. [5] [6]
- Ranked Race: This Player vs. Player (PVP) mode limits players to a specific number of daily games, or "rings," based on their character’s quality. Players earn ranking points through race results and can complete daily and weekly quests to gain experience (EXP) and rewards. Participation requires at least one NFT character or car, as default assets are prohibited.- Normal Race: This mode has no restrictions on the number of races players can join, allowing them to become familiar with the gameplay. Players can complete quests but do not earn ranking trophies or rewards. Races are initiated via matchmaking, prioritizing online players. If enough players are unavailable, AI-controlled opponents are added. Both default and NFT assets are eligible for this mode.- Story Mode: Consisting of 20 PVE (Player vs. Environment) stages, Story Mode pits players against AI-controlled characters like Bear Hope, Deer Rudolph, and others. Each character has four stages: three six-player races (5 AI vs. player) and one final solo challenge. Difficulty adjusts based on player rank, and participants can use either default or purchased characters and cars.- Battle: In this competitive mode, six players join a match after paying a $5 entry fee. Using power-ups, they aim to attack opponents and avoid being hit. The first player to inflict 20 damage points wins the round, with prizes distributed among the top three players. Ties are resolved based on inflicted damage or last-hit criteria. Participants gain EXP through battle matches.
Laqi Dex
Laqi Dex is a decentralized trading platform that offers seamless and secure cryptocurrency exchanges through an intuitive digital interface. It enables users to trade a wide range of cryptocurrencies with real-time pricing, supported by easy wallet connectivity options such as MetaMask, WalletConnect, Coinbase Wallet, and others. The platform ensures transparent token listings by providing comprehensive information and real-time on-chain price feeds from sources like Chainlink and Binance, empowering users to make well-informed decisions.
The platform features an innovative trading interface designed for ease of use, with functionalities like an intuitive swapping mechanism, real-time balance updates, and adjustable slippage tolerance to optimize trading outcomes. Users can explore a curated selection of cryptocurrencies, including Laqira Token (LQR), BNB, and USDT, all paired with stablecoins to simplify trading processes. [8]
LQR
LQR is the governance token of the Laqira Protocol ecosystem, enabling holders to participate in decision-making through a voting system. Only LQR holders can vote on proposals related to the platform's development. Token holders are encouraged to delegate voting power to themselves or a trusted party upon receiving LQR and to update their vote power when acquiring additional tokens. This voting mechanism allows holders to influence the platform's direction and fosters active community involvement. LQR also functions as the platform's primary currency, which is used for transactions such as buying and selling NFTs within the Laqira Protocol NFT marketplace. [2]
Tokenomics
LQR has a total supply of 2.5B tokens and has the following distribution: [1]
- Liquidity Pool: 30%
- Ecosystem: 20%
- Team: 15%
- Development: 15%
- Marketing: 15%
- Advisory: 5%
