By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.
The new offering, from the company’s SQD Network subsidiary, is designed to bolster rising demand from large enterprise and institutional customers, Rezolve said in a Monday (Dec. 29) news release.
“SQD provides high-performance blockchain data services to major global organizations, including Deutsche Telekom and top DeFi protocols such as Morpho and PancakeSwap whose platforms are designed to require continuous, large-scale access to real-time and historical data,” the release said.
“SQD’s Revenue Pool model is designed to fund SQD’s infrastructure capacity directly by customer payments as customer usage grows, reinforcing long-term sustainability and alignment between customer usage and economics.”
Resolve said large customers pay to subscribe to data services, and delivering that service at scale requires committed infrastructure capacity by SQD.
With the Revenue Pool, SQD Token holders can temporarily lock their SQD tokens to help bolster that capacity. Tokens are retained by the owner but cannot be moved or sold while locked. When customers pay, a piece of that payment may be shared with the participants, who are compensated in stablecoins.
“In short, customers pay for the service and those who help support it may share in the income it generates,” the release said.
Rezolve says this is important for the SQD ecosystem because as blockchain data “becomes increasingly mission-critical across business operations, payments, analytics and enterprise systems, infrastructure economics matter.”
PYMNTS spoke earlier this year with Rezolve Ai CEO Daniel Wagner about the changing face of eCommerce as consumers seek personalization, guidance and immediacy.
“The way in which we navigate eCommerce is not good,” Wagner told PYMNTS CEO Karen Webster for the Monday Conversation series. “It served its purpose for nearly 30 years, but it is no longer ideal.”
As the report added, anyone who has tried to find a product online has gone through a pattern of entering a search term, combing through results and often abandoning their effort. It’s a poor replacement for the personalized, conversational experience that comes with speaking in-store with a knowledgeable salesperson.
But Wagner said he believes that a transformation is taking place, one where digital retail, helped by artificial intelligence, must finally provide the intuitive, responsive experience consumers have long taken for granted in brick-and-mortar stores.
“When you walk into a physical store, 7 out of 10 times you end up walking out with a product,” he said. “When you arrive on a digital platform, 7 out of 10 times, you do not leave with a product.”
