IGG Gaming Token

The IGG Token (Gaming Token)

The IGG gaming token will be the primary payment method in the IGG ecosystem, and it will offer a 5% discount on in-app fees and NFT sales that could otherwise be made in Fiat, SOL, or USDC. Initially, we will only accept the gaming token for breeding. Users can derive voting rights, discounts, and other benefits on the platform.

Gaming Token

The IGG token is a fee settlement token for the Invincible GG platform, offering discounts to its users when selected as a payment method. It is also the required payment for certain activities in the game. Initially it is required as the exclusive payment method for breeding and participation in certain high value events. Eventually it will be the only non-Fiat payment method available for payment of in-game items and services, and non-Fiat racing. The token facilitates additional functions such as rewards for good platform performance by users and access to premium content. List of token functions:

• Pay fees on the platform via the token and enjoy discounts on those fees (when paid via the token)

• Breeding

• Participation in high-value events and contests

• Benefits such as:

  • Discounts

  • Exclusive access to NFT sales and exclusive clubs

• Get rewarded for:

  • Loyalty

  • Game achievements

  • Referring users to the platform, other promotional activities

• Participate in system governance

The IGG token is a fixed supply token.

Adaptive Pricing

The platform will implement dynamic pricing for purchases, in which the purchase cost will automatically adjust to the token's price. The higher the price of the token, the fewer tokens are required for the same transaction, and vice versa. Putting it another way: the platform's prices would be denominated in USD, and the token payment amount would automatically adjust based on the current IGG/USD exchange rate. This creates a self-balancing mechanism, where when the token price is lower, more tokens are required to carry out a translation, thus driving the demand for the token up and vice versa.

Token Sale

Invincible GG will sell the IGG Token to fund enhancements to Owner’s Club and to fund future game development. The IGG token will be made directly for sale and on a subscription model. We will be offering two subscription options to IGG to early adopters, that will be one or more of either a 3, 6 , 12, or 24 month subscriptions that will offer significant token price discounts. The allocations for those subscriptions will be limited. The remaining tokens will be within control of the project and will gradually be put into circulation through:

Token Rewards

Invincible GG will reward players for:

• Loyalty - IGG will employ a continuous Loyalty system in order to rewards its owner-players. Our approach uses complex distribution criteria, in order to ensure that loyal platform users get rewards rather than “Airdrop tourists” who only participate for current airdrops without any actual contribution to the platform.

• In-Game Performance (Typically Leaderboard) - A variety of leaderboards are included in the game. These leaderboards are typically "seasonal" meaning they last for certain period of time. The best achievers will be awarded IGG tokens from the prize pool at the conclusion of each season. For example, the top "n" players (this number varies between seasons) are given a prize at the conclusion of each season. This is how the award is calculated:

• Engagement - In the early days of the Owner's Club beta and public launch, users will be encouraged to refer new people, share promotional posts and content via the “Engagement rewards”. Those performing the desired actions will receive IGG token rewards with no vesting schedule from the Marketing allocation. The rewards will be given away on a “milestone” principle.

Token Ownership Benefits

Invincible GG will reward players for holding tokens on the platform. These rewards will include discounts on fees, access to NFT sales, exclusive races, and exclusive racing clubs. Players get daily rewards for holding tokens on the platform, adding liquidity to the platform, and holding substantial numbers of Tokens. The scale of discounts offered on fees and NFT increase dramatically with the more tokens that are held on the platform. These rewards are calculated off a 30-day average token balance .