IguVerse (IGU) is an innovative Web3 GameFi project that leverages blockchain technology to connect pet owners and lovers. Built atop the Binance Smart Chain (BSC), IguVerse combines the brilliance of artificial intelligence (AI) and machine learning (ML) with non-fungible tokens (NFTs) to revolutionize the world of blockchain gaming. With its user-friendly app, IguVerse provides a seamless platform for users to socialize, earn rewards, and participate in various interactive activities with their virtual pets. By incorporating socialize-to-earn (S2E), move-to-earn (M2E), and play-to-earn (P2E) mechanics, IguVerse offers a unique and immersive experience where users can not only enjoy gaming but also receive real-world rewards.
What is IguVerse
IguVerse is a social networking app designed for pet enthusiasts to share adorable pet images and participate in pet-related activities while earning rewards. The app fosters a vibrant community and encourages social interaction, offering mini games for users to enjoy with friends.
To address the challenges of user onboarding in the Web3 space, IguVerse has also developed a cross-platform mobile app that seamlessly integrates AI/ML and blockchain technologies. By combining AI/ML and blockchain technologies, the IguVerse app aims to deliver a seamless and user-friendly experience, making it easier for users to navigate and participate in Web3.
Similar to projects like OrbCity, IguVerse operates on a dual-token economy, with IGU and IGUP serving as ecosystem tokens that contribute to the platform's functionality and growth. Furthermore, IguVerse demonstrates its commitment to social responsibility by allocating at least one percent of users' rewards to charitable organizations of the user’s choice.
The IguVerse team
The IguVerse team is led by Andriy Tkachiv, who serves as the acting CEO. CBD Vitali Provotorov and CMO Alex Kalinkov are also co-founders of the project, bringing their expertise and experience to the team.
Joining them are other notable individuals who contribute to the success of IguVerse. Daniel Paez brings his expertise as a game economist, while Bohdan Zahorodnii leads the team in content and business development. Yurii Kyrylovych serves as the director of operations, while Mariusz Beltowski provides valuable tech advisory. Bogdan Sinicki contributes as a smart contract advisor, among other accomplished individuals in the team.
How does IguVerse work
IguVerse is a platform that aims to cultivate a vibrant community centered around pets. The journey begins by creating a unique and personalized NFT for your pet, using either your existing pet photos or utilizing AI technology to bring your dream pet to life.
Users have the opportunity to engage in a variety of activities and earn rewards along the way. IguVerse encourages users to share pictures of themselves participating in outdoor activities like walking, running, and jogging with their virtual pets. In addition, IguVerse offers exciting player-vs-player games that test your skills and provide opportunities to earn more rewards. Furthermore, IguVerse has a referral system, allowing you to invite friends to join the platform for even more rewards.
IguVerse’s native token: IGU
IGU is the native token of IguVerse, built on the BEP-20 standard. Its primary function is to enable governance within the ecosystem, allowing token holders to participate in decision-making processes. Additionally, IGU tokens serve as rewards within the ecosystem, incentivizing user engagement and activity through the Proof of Activity (PoA) concept. Inactive users are required to spend IGU tokens to activate their NFTs, encouraging ongoing participation and involvement.
Beyond its governance and reward functionalities, IGU tokens can be used to unlock mystery boxes and pay for NFT mints.
The total supply of IGU tokens is fixed at 400 million. IguVerse has a carefully planned supply and release schedule, aiming to make the entire token supply liquid by 2026.
IGU token distribution
IGU’s token distribution is as follows:
- 25 percent for the in-game economy
- 18 percent to private round
- 0.46 percent to public round
- 9.54 percent to strategic reserves
- 12.5 percent allocated to the team
- 5 percent for advisors
- 24.5 percent for the treasury
- 5 percent for liquidity
IguVerse’s vision
IguVerse seeks to revolutionize the NFT, GameFi, and collectible space by introducing innovative P2E mechanics and social elements.
One distinctive aspect of IguVerse is its commitment to animal welfare. A portion of the ecosystem rewards is allocated towards supporting animal welfare initiatives, making it one of the few projects in the space with a tangible real-world utility.
