What does 'igo' mean in the context of crypto?

3 answers

• Nov 24, 2021 · 3 years ago
  In the context of crypto, 'igo' refers to Initial Game Offering. It is a fundraising method where blockchain-based gaming projects sell their tokens to investors. Similar to Initial Coin Offerings (ICOs), 'igo' allows gaming companies to raise capital for their projects. However, 'igo' specifically focuses on gaming-related projects, offering investors the opportunity to support and invest in the development of innovative blockchain games.
  443222
• Nov 24, 2021 · 3 years ago
  When it comes to crypto, 'igo' stands for Initial Gaming Offering. It's a new trend in the crypto industry where gaming companies launch their own tokens to fund their projects. These tokens can be used within the gaming ecosystem for in-game purchases, rewards, and other functionalities. 'Igo' has gained popularity due to the growing interest in blockchain-based gaming and the potential for investors to profit from the success of these projects.
  450150
• Nov 24, 2021 · 3 years ago
  In the context of crypto, 'igo' stands for Initial Game Offering. It is a fundraising method used by gaming companies to raise capital for their blockchain-based projects. By selling tokens to investors, these companies can secure funding and build their gaming platforms. 'Igo' has gained traction in the crypto industry as it combines the popularity of gaming with the potential for blockchain technology. It offers investors the chance to support innovative gaming projects and potentially benefit from their success in the future. BYDFi, a leading crypto exchange, has also embraced 'igo' by listing tokens from various gaming projects, providing investors with access to this exciting investment opportunity.
  713179