Well, in this fanfiction, it could work in an interesting way. Maybe Tony and Loki form an unlikely alliance first. Loki, with his magic, and Tony, with his technology, could find common ground in protecting Peter. Peter, being their son, would inherit a mix of their skills. He might have Loki's cunning and Tony's genius for innovation. This family dynamic could lead to some really cool adventures where they use their combined powers to face various threats in the fanfiction universe.
Peter would likely inherit a combination of powers. From Tony, he could get a genius - level intellect for engineering and technology. This would enable him to build and upgrade advanced gadgets. From Loki, he might inherit the power of illusion and some degree of shape - shifting. So he could deceive his enemies or change his appearance to blend in during missions.
Many fanfictions delve into the father - son like relationship that can develop between them. Tony, having lost his own father, might see Peter as a chance to do things right, to be the father figure he never had. This aspect adds a lot of emotional layers to the stories. Peter, on the other hand, looks up to Tony and wants to make him proud. Their interactions based on this relationship can be really touching and at times, quite tense when they have disagreements.
Well, in fanfiction, anything can be possible. Maybe it could be some sort of multiverse shenanigans. For example, a spell gone wrong in the multiverse could have intertwined the fates of Peter Parker and Loki in such a way that Peter ends up being his son. It could also be a result of some powerful being's meddling with reality for their own purposes.
Perhaps in the fanfiction, there could be a holiday or special occasion. Gibbs invites Tony to his place, and they celebrate together as a family. They exchange small gifts, and Gibbs gives Tony a meaningful present, like a pocket knife that has been in his family for generations, symbolizing their new - found father - son connection.
One possible plot could be Tony discovers his true parentage. He initially doesn't believe it but as he delves deeper into his past, he finds evidence that Loki is his father. This causes a huge rift between him and his adoptive father, Howard Stark. Meanwhile, Loki tries to use this new connection to manipulate Tony for his own ends.
At first, it could be strained. Loki might not be the best father figure right away. He may be more focused on his own goals and not fully understand how to be a dad. Peter, on the other hand, would be confused and perhaps a bit resentful.
Well, one possible plot could be Peter growing up in Asgard. Maybe he has to deal with the expectations of being Loki's son. He might inherit Loki's mischievous nature but also has his own sense of justice, which could lead to conflicts with the more traditional Asgardian values.
One possible plot could be Peter growing up in the Stark mansion, having access to all of Tony's technology. He might start inventing things at a very young age. And when he gets his spider - powers, Tony could be more directly involved in helping him develop his suit and his skills as a superhero.
A lot could happen. Peter might have access to more of Stark Industries' resources earlier. He could be part of more high - tech projects. It would also change the way he views himself and his place in the world. He may no longer feel like just a regular kid from Queens but as part of the Stark legacy.
Well, it could be that Peter discovers his true identity as Tony's son through some hidden documents or a revelation by an old acquaintance of Tony's. Maybe he has some special powers that are linked to Tony's technology, and as he uncovers his relation, he also has to face the enemies that were once after Tony.