IguVerse is a metaverse application that wants to incorporate user-generated NFT with Play-to-Earn, Move-to-Earn, and Socialize-to-Earn. The project was launched in 2022 and has partnered with Chainlink, DAO Maker, Biswap, and OKX. So far, there have been more than 600,000 downloads of the IguVerse app collectively on both App Store and Google Play.
How IguVerse (IGU) Works
First, users can create a pet NFT based on their real-life pets or with specific text descriptions by using the AI on IguVerse. Minting a new pet NFT will cost IGU token. Then that pet NFT can be walked (Move-to-Earn), fed (Play-to-Earn), or shared on social media (Socialize to Earn). Upgrading the pet NFT consumes IGU or IGUP token, depending on what criteria you intend to enhance the pet. If the pet is not used for a long time, it must be restored with IGU.
IGU and IGUP are two native tokens of IguVerse with multiple use cases. IGU is also used for governance, while IGUP is only used for utility.
IGU token has a total supply of 1,000,000,000. The circulating supply of IGU is unknown.
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IguVerse (IGU) Resources