IGO

What does IGO means?

IGO stands for “initial game offering.” It’s an early form of investment that allows the bidders to explore the early development stage of an NFT game. Ideally, the purpose of IGO is to raise funds for the game project.

Random Slangs

Fungibility

As opposed to non-fungibility, fungibility means replaceability. It describes the ability of an item to be tradable or exchangeable for other commodities. For instance, cryptocurrencies

Utility token

A token that gives owners access to a specific tool or privilege within a particular crypto ecosystem. NFT creators often use utility tokens to raise

Web3

Refers to the decentralized web version, where every transaction and data sits on several data nodes. Web 3.0 revolves around blockchain technology and runs decentralized

Etherscan

Etherscan is a free platform where you can explore the Ethereum blockchain and verify Ethereum-based transactions and assess wallets, smart contracts, and blocks. For instance,

Polygon

A scaled Ethereum blockchain technology layer that allows you to transact faster at a lower cost relative to the primary Ethereum blockchain. Its underlying cryptocurrency