5 Ways To Analyse IGOs Platform In 2023

IGO is a method of crypto game crowdfunding that enables investors to fund a project at an early stage of development. While the audience of the cryptocurrency game project provides the funding, investors receive valuable in-game assets and tokens at a significant discount before the general public sale. The fact that IGOs are accessible to all investors is a significant advantage.

IGO launchpads are the best way to find those 100x cryptocurrency investment opportunities or hidden cryptocurrency gems right now. Specifically IDO in the gaming sector.

5 Ways To Analyse IGOs Platform In 2023

Requirements for Launchpad Holding

This is important because it affects the price of IGO participation and the number of tokens that are available for purchase.

Launchpad holding requirements come in two varieties:

• A fixed number of tokens must be held in order to participate in the IGO.
• The number of tokens held determines which launchpad is in which tier. The number of tokens you can buy grows as your token holdings do.

Also Read: What Is NFT Floor Price?

Type of Allocation

In lottery or slots IGO launchpads, participants who lock their launchpad native tokens are selected through a lottery mechanism. In this situation, change is important. However, a few IGO launchpads provide guaranteed allocation. These launchpads generally have higher entry fees than lottery IGOs.

Holder Advantages

To take part in the token distribution, initial game offerings participants must lock their IGO launchpad native tokens. While some IGO launchpads offer users lottery tickets as a way to lock in tokens, others give users the option to stake tokens as well. This implies that the participants can profit from the users’ locked tokens.

Funds Raised and the Total Number of Token Generation Activities

It’s critical to understand how much money the IGO launchpad platform has raised and how many token generation events it has hosted. This is an important statistic to use to determine whether the platform actually recruits initial game offerings members and is not just a sham.

Holder Value

A performance metric is employed to rate the launchpad called Holder Value. More profitable initial game offerings are present on the launchpad as the holder’s value rises. However, it’s crucial to note that a high token valuation for a launchpad indicates that its holder value is high in relation to the size of the token market cap.

Also Read: What Are NFT Derivatives? How Are They Different From Original NFT?

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