IguVerse Introduces a Brand New Idea to Bind Social Media with Cryptocurrency — Socialize-to-Earn
The world of crypto has its own trends. Recently, more and more crypto projects resort to gamified earning mechanics that incentivizes users to play the project’s Play-to-Earn game. Not so long ago another earning mechanic sparked and made a massive change in the market, namely, Move-to-Earn. Being perceived as a way to promote a more healthy lifestyle, Move-to-Earn projects have gained a lot of attention among people in the crypto world and beyond it. IguVerse has gone further and implemented both in its app, but even more — it has introduced an earning mechanic that combines socialization and earning cryptocurrency, an innovative Socialize-to-Earn.
Socialize-to-Earn is a concept of getting rewarded for sharing your virtual NFT pet on social media. This concept shines bright in the light of recent trends of social media NFTisation; large platforms make the attempts to adopt NFT usage for quite a long time. For example, Twitter and Reddit have recently introduced NFT avatars, Instagram — digital in-app collectibles, and Facebook — native NFT support. But IguVerse has got the best of it and combined it all within their app, making it the main feature of the Socialize-to-Earn concept. Being pet-centric, IguVerse enables users to create their NFT pets based on their real-life pets, creating an extremely strong and personal link between the real and crypto worlds. In a nutshell, IguVerse creates an easy-to-use bridge between social media and crypto for each user.
In addition to that, the IguVerse team claims that this will engage more people from Web 2 to make their first step into Web 3 and the cryptocurrency world. “We are making a product that everyone can enjoy, even people unfamiliar with the crypto world,” — says CEO of IguVerse, Andriy Tkachiv. Web 3 attempts to invite more and more people into it, and it can be tracked everywhere; a lot of exchanges partner up with influencers outside of crypto to get their audience to join the crypto space as well. The whole idea of Socialize-to-Earn is to enable people to share their experience in crypto in form of their virtual pets with their social media friends and followers, inviting more potential users to join them.
About IguVerse
In a nutshell, IguVerse is a project that aims to combine SocialFi and GameFi elements in one app, offering users different earning mechanics to increase their profits. In the app, the users should have a virtual pet to be able to play the game. With the use of cutting-edge photo recognition technologies, players may create their NFT pets based on the real photos of their beloved ones. After this, they gain access to 3 daily tasks, each of which has its earning mechanics; namely, Move-to-Earn, Play-to-Earn, and Socialize-to-Earn, with the latter being the main feature of the project.
IguVerse has 2 primary tokens — $IGU and $IGUP. $IGUP is a reward token that users acquire after completing their daily tasks. In turn, $IGU is a native governance token. IguVerse has recently held a public sale of the $IGU tokens, where they managed to collect about $2.000.000. As of now, IguVerse is about to hold an IDO to expose the project to a high number of users around the world.
