IGUP serves as the main reward token of the game. It will be used for the in-game economy. It will be issued by the system, as users accomplish their tasks, and sent to them as a reward, according to their NFT Rank and Level. It is used as an in-game currency to buy level-ups, to feed pets, as well as for a number of other upgrades.
IGUP token has an unlimited supply and will be minted on demand as the main means of rewarding users. Its burn mechanics are connected with different in-game actions, such as upgrades, level-ups and other in-game purchases. Such burn mechanics are introduced to keep the inflation healthy.
IguVerse GameFi app redefines the whole concept of NFT using AI / ML technologies. Unique user-generated NFTs will become the new standard NFT 2.0, dethroning faceless collections. In our GameFi app, we introduce an innovative game mechanics Socialize to Earn, along with two more Earn concepts - Move to Earn and Play to Earn, where users can complete simple tasks like sharing pet photos on social media or walking and feeding them to get rewards.
