IQ Protocol Welcomes Space SIP

IQ Labs
IQ Protocol
Published in
3 min readFeb 15, 2022

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Games featuring journeys into boundless universes with epic battles stimulate curiosity and excitement within us. When it comes to GameFi sector, only those with top-notch graphics, engaging gameplay, and robust ecosystem can make their mark in the blockchain gaming industry.

Today, IQ Protocol is excited to welcome Space SIP, a promising new play-to-earn space battleship game.

Space SIP

Space SIP is a play-to-earn space battleship game based on Binance Smart Chain. The premise of the game is to craft the most powerful spaceship in the galaxy, piece by piece, to achieve a legendary status. The game design is futuristic, bringing players a vast and colorful universe. The goal is to complete various missions and challenges, employ tactics to retrieve rare items, gain experience to level up your abilities, and come out victorious in combat. In-game assets (such as your ship and your weapons, etc.) take the form of NFTs. Players send their ships to mine $SIP tokens, which can be earned in a variety of ways, and can be exchanged for in-game items or traded for other tokens on the blockchain. Appealing to all levels of gamers, Space SIP has created a platform where players can create simple tactics, or strategies that are diverse and creative.

Space SIP’s gameplay is turn-based, and rooted in a system of elements. For example, fire has an advantage over earth, but is weak against water; lightning overpowers water, but is weakened by earth; etc. There are several classes of spaceships, and each ship is assigned to a specific element. Moreover, spaceships vary in rarity — some being far less common than others; the rarer the ship, the more bonuses or special features it possesses. Each ship can be equipped with gems that add powerful effects to your spacecraft.

IQ Protocol + Space SIP

IQ Protocol brings a fresh dynamic to the world of blockchain gaming — namely, allowing for the renting and borrowing of in-game assets. Bringing these features to Space SIP will provide an even stronger basis for their GameFi platform. Not only will this feature unlock massive amounts of value for players’ in-game assets, but it will also open an entire market within which everyone will have access to items that they may not otherwise want to purchase outright. And beyond that, NFT lending and borrowing will allow players to chart entirely new paths in their strategic enterprises.

Renting and lending NFTs via IQ Protocol expands the ways players can interact with one another and with the world of the game itself. Importantly, offers the capacity for players to build stronger communities in the Space SIP network — in particular, when it comes to allowing gaming guilds to rent out NFTs, while retaining ownership of the NFT. NFT renting and borrowing will unlock billions in utility and enable totally new in-game experiences. We look forward to working with Space SIP’s fantastic team.

For more information on how the renting and borrowing of NFTs (and other digital assets) on IQ Protocol works, see the description of our Collateral-less, Risk-Free Asset Renting and Staking Possibilities.

Thanks for following along with IQ Protocol updates! If you haven’t already, feel free to join us and Space SIP on our social media channels…

About Space SIP

Space SIP utilizes NFT technology to create an unparalleled gaming experience for users in which they can build space-ready battleships to pit against extraterrestrial foes in a new universe of interactive, intergalactic warfare. The game is developed by a team with 10+ years of experience in software development combined with 5 years of working on blockchain. We are proud to bring the best gaming product to the community!

Website | Telegram | Medium | Twitter | Discord

About IQ Protocol

IQ Protocol is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility, while allowing holders to earn by providing liquidity without risk.

Website | Medium | Discord | Twitter | Telegram | Reddit | YouTube

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IQ Labs
IQ Protocol

iq.space Bringing sustainable tokenomics-as-a-service and subscription services to the blockchain.