Qlink, a decentralized mobile network, has partnered with Binance, one of the world’s largest cryptocurrency exchanges. The partnership was made to incorporate BNB into WinQ, Qlink’s Wi-Fi sharing and VPN application, and the partnership follows the listing of the QLC token on Binance on March 28th this year.
Qlink have been releasing updates to WinQ on its GitHub since January, and has since undergone 11 upgrades in total. WinQ is due for release on Google Play on April 4th. Qlink will support BNB utility tokens in the application, which are issued by Binance as a form of payment and one of the top 20 cryptocurrencies in market cap.
In addition to holding and sending BNB tokens, Qlink will include the trading pair for BNB and QLC so that users can buy QLC using BNB, with the price determined by the token conversion in the Qlink App. The decentralized application will also feature support for BNB as a game token for Wi-Fi ownership, allowing people to purchase Wi-Fi or VPN assets at an increased value in either QLC or BNB.
The partnership between Binance and Qlink will help to circulate BNB tokens in a utility application and increases the use cases for the BNB ecosystem. This close collaboration sets an example for the industry and strengthens both parties presence in the market.
WinQ adds gaming feature
In a medium post, Qlink announced a new feature to its application, Crypto Monopoly, which will be included in the app when it goes live on April 4th. Crypto Monopoly will be like playing Monopoly on the blockchain, which includes buying and renting other players virtual properties.
How Crypto Monopoly works is this: As part of the WiFi registration process, users make a deposit measured in QLC as the baseline value. The value of an asset on WinQ is defined as one’s deposit plus earnings. More specific rules for the game are due to be released later.
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