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Exploring the Concept of IGO Launchpad
An IGO Launchpad refers to a platform facilitating the launch of Initial Game Offerings (IGOs), which are akin to Initial Coin Offerings (ICOs) but specifically for gaming projects. These launchpads provide a supportive ecosystem for game developers to raise funds and launch their projects, often leveraging blockchain technology to offer tokens or in-game assets to investors and players.
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IGO Launchpad Development services pave the way for gamers to now upgrade with the latest versions of NFT gaming technologies. The launchpad establishes a crowdfunding event wherein the gaming projects, irrespective of their completion, will be announced and displayed to the perspective of users. This will help to raise funds for developing the project obtained from investors if they like the plan and concept.
Foray Into The IGO Launchpad Development To Raise Capital
Gaming platforms have been the new frontier for modern-day entrepreneurs. But then, not all of them shine brighter; some struggle due to lack of funds. However, harnessing the power of blockchain technology allows them to raise capital without having to spend much. How, though? Let’s get started.
What is Initial Game Offering (IGO)?
IGO, or Initial Game Offering, works similarly to the Initial Coin Offering (ICO) and Initial Dex Offering (IDO). IGO projects offer early access to in-game assets for those who prefer to invest. These assets are NFTs that can be used in games, such as skins, weapons, and accessories.
Participants can also choose to participate in an initial Asset Offering, which means that instead of buying tokens, they will have early access to purchase a game's most important asset, such as a weapon.
While IGOs largely remain unexplored, Binance took the very first initiative to allow IGO drops on its platform.
Indispensable Features of The IGO launchpad
Cross-Chain Compatibility feature helps investors trade tokens across blockchains effectively. (Most often) The IGO launchpad development indexes this feature to let investors take their value across chains.
Wallet Integration enables the launchpad users (investors) to connect their favorite wallet to trade and store tokens (NFTs). One needn’t worry as the IGO launchpad development bestows multiple wallet integration feature.
Stringent Vetting Tools help the launchpad owners examine the IGO projects completely before listing them. It ensures the launchpad platform is free of the ‘rug pull’ scams.
Built-in Marketplace allows the investors to trade their tokens (for value). The marketplace will come with a visually-appealing storefront, seamless trading mechanism, and more.
Conclusion
Are you an ardent gamer? Why don’t you monetize your Gaming passion with an IGO launchpad? If you’re serious about it; we, at AppDupe, are ready to take care of your development endeavors.
But then, remember - try doing your research before indulging in the IGO launchpad platform development. Good Luck!
