What Is IguVerse?

About IguVerse (IGU)

It is a social-network gaming application that includes popular mechanics — Move-to-Earn, Play-to-Earn, Socialize-to-Earn and Help-to-Earn. Nowadays these technologies are actively paired with blockchain and crypto. 

IguVerse claims to make a real breakthrough in Web3, because it attaches social elements to the GameFi application. This idea is fresh as it gives people a chance to communicate with each other via just one app and get crypto for completing easy and fun tasks. 

IGU is a governance token of the project. It is also utilized for staking, NFT minting, upgrading the pet NFTs and so on.  

Where did IguVerse (IGU) come from?

The IguVerse was born in 2022. It has a strong team of enthusiasts with a huge experience in tech sphere, business and product development. Their core aim is to speed up Web3 adoption. Andriy Tkachiv is the CEO of the project. His 8-year experience in IT industry helps him to run the IguVerse. Alex Kalinkov and Vitalii Provotorov are the co-founders of the project. 

The team has big plans over 2023, they also shared their roadmap. Now they are currently doing the 1st quarter: 

What are the advantages of IguVerse (IGU)?

1. Gaming mechanics combination
   
   IguVerse managed to combine many gaming technologies that are highly demanded now and loved by users all over the world. The playing manner eases the process of earning crypto and makes it fun.
2. Engagement through games
   
   Additionally to the above said, the project also makes blockchain and crypto technologies more popular worldwide. By explaining how it works and allowing people to play and live their usual social life, IguVerse comfortably brings mass adoption closer. 
3. Сharity
   
   Users are able to choose the % of their rewards to be sent for the good of animals in need. It has already showed great results — they have donated over $50k to the organizations helping animals.

What are the disadvantages of IguVerse (IGU)?

1. Competition
   
   As Web3 is getting more and more popular, the market gets overwhelmed with projects providing Play-to-Earn and Move-to-Earn experience. However, it’s just a matter of time when weak concepts will wither away and give more space for teams who really want to help the mass adoption of blockchain and cryptocurrencies. 
2. Daily tasks and pet care monitoring needed
   
   Some may find it annoying — the daily tasks check ups require time, people may forget to visit the app and thus they’ll lose their daily rewards. 

How to buy IguVerse (IGU) on SimpleSwap?

Want to purchase some IGU? You can easily do that with SimpleSwap. Just check out the instruction below:

1. First, select the cryptocurrency you want to exchange (for instance, BTC). Enter the amount you would like to swap.
2. Choose IGU in the second drop-down list as the crypto you want to get. You will see the estimated amount that you will receive after the exchange.
3. Click the Exchange button.
4. Enter the Recipient's Address. IGU tokens will be sent there. Please ensure that you use the correct address.
5. Create the exchange.
6. You will see the Bitcoin deposit address. You need to transfer the necessary amount of BTC to this address to start the BTC to IGU exchange. Then wait for tokens to reach your wallet.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.