What is iHunt4 (IGC)?
iHunt4 (IGC) is an innovative platform that merges augmented reality (AR) gaming, marketing, and cryptocurrency. Centered around an AR treasure hunt, it allows players to discover real-world and digital prizes. Businesses use it as a marketing tool to attract customers by placing promotions at specific locations. The platform utilizes its native cryptocurrency, IGC, built on the XRPL blockchain, enabling secure and eco-friendly transactions. Aimed at economic recovery and community engagement, iHunt4 collaborates with cities and businesses globally, offering free participation for retailers. It plans to integrate XRPL NFTs, enhancing the gaming experience and providing new avenues for player engagement and business promotion.
Who Are the Founders of iHunt4?
Simon Church is identified as the founder of IGC (In Game Credit), a platform focused on helping game developers monetize games on the XRPL blockchain. As the founder, Simon Church plays a crucial role in the development and expansion of the iHunt4 project. His vision likely encompasses leveraging blockchain technology to create a unique gaming experience that integrates augmented reality (AR), marketing, and cryptocurrency.
What Makes iHunt4 Unique?
iHunt4 stands out in the digital gaming and marketing space due to several unique features and approaches:
Augmented Reality Treasure Hunts: iHunt4 combines the excitement of treasure hunting with augmented reality technology. This allows players to explore real-world environments while interacting with digital elements, making the gaming experience more engaging and immersive.
Cryptocurrency Integration: iHunt4 integrates its native cryptocurrency, IGC (In Game Credit), built on the XRPL blockchain. This integration not only adds a layer of modern digital economy to the game but also offers a secure, fast, and environmentally friendly way to handle transactions within the game.
Retail and Business Involvement: Unlike traditional gaming platforms, iHunt4 provides a unique opportunity for businesses and retailers to participate. They can place real-world promotions and incentives within the game, driving foot traffic and potential customers to their locations.
Global Community Engagement: The platform is designed for global reach, aiming to support economic recovery and community engagement post-Covid. It offers a novel way for cities and local businesses to attract attention and engage with both local and visiting populations.
NFT Integration: Planning to incorporate XRPL NFTs (XLS20D), iHunt4 is set to offer more innovative ways to reward players and engage users, staying abreast of current trends in digital assets.
Ease of Access for Retailers: Retailers can freely list and place their prizes, making the platform accessible to a wide range of businesses, from small local shops to larger enterprises.
Smart City Collaboration: iHunt4 works with smart cities and local governments to tailor AR treasure hunts, aiding in the economic revival and promoting local tourism and retail sectors.
Marketing Tool for Retailers: Beyond a gaming platform, iHunt4 serves as an innovative marketing tool. It offers a novel way for businesses to promote their products and services, aligning with the modern consumers' preference for interactive and immersive experiences.
Free Participation: The platform offers free participation for players and businesses, lowering the barriers to entry and encouraging widespread adoption.
iHunt4's combination of AR gaming, blockchain technology, and a focus on local business and community engagement makes it a unique player in the digital space, offering multiple benefits to users, businesses, and city administrations.
RippleX's grant of $50,000 USD to In Game Credit (IGC) under the XRPL Grants Program marks a significant endorsement for IGC’s innovative approach in integrating gaming, augmented reality, and cryptocurrency on the XRP Ledger. This financial support from a key player in the blockchain space not only validates IGC’s vision but also enhances its development opportunities, potentially accelerating the expansion and refinement of its platform. Additionally, this move increases IGC's visibility and credibility within the blockchain and gaming communities, and could inspire further innovation and partnerships within the XRPL ecosystem, highlighting RippleX's commitment to supporting growth and development in blockchain-based gaming and applications.
What purpose does iHunt4 (IGC) serve?
iHunt4 (IGC) serves as a versatile platform that uniquely combines augmented reality (AR) gaming, innovative marketing, and blockchain technology. It provides an immersive gaming experience where players engage in AR treasure hunts in real-world settings. For businesses, iHunt4 acts as a dynamic marketing tool, allowing them to place promotions and incentives in the game to attract customers. The integration of its native cryptocurrency, IGC, built on the XRPL blockchain, adds a digital economy layer to the platform, facilitating secure and eco-friendly transactions. iHunt4 also plays a significant role in stimulating local economies and community engagement, particularly beneficial for the retail and tourism sectors. Its global accessibility and collaboration with smart cities underscore its potential as a pioneering tool in tech-forward urban development and economic revitalization.
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Team (20%): This portion is allocated to the team behind iHunt IGC. It's typically used to compensate and incentivize the founders, developers, and other staff members. Allocating tokens to the team ensures that they are vested in the success of the project.
Utilities (Prizes) (50%): This is the largest allocation and is dedicated to utilities, particularly prizes within the iHunt ecosystem. This could involve in-game rewards, incentives for players, and other functionalities that require token use. This large allocation suggests a significant emphasis on engaging users and enriching their in-game experience.
Legal (5%): Legal expenses, including compliance, regulatory adherence, and other legal necessities, are covered by this allocation. For a project dealing with blockchain and cryptocurrencies, legal considerations are crucial, especially given the rapidly evolving regulatory landscape.
Infrastructure (10%): This segment supports the technical and operational infrastructure of the iHunt IGC platform. This could include software development, server costs, maintenance, and other technological expenses necessary for the smooth running of the platform.
Marketing (15%): This allocation is aimed at promoting and advertising the iHunt IGC platform. Effective marketing is essential to attract new users, retain existing ones, and build brand awareness. This could involve online advertising, community engagement, promotional events, and collaborations.
The distribution of tokens in this manner suggests a balanced approach, aiming to support the essential areas required for the sustainable growth and success of the iHunt IGC project. It reflects a focus on both the immediate operational needs and long-term development goals of the platform.
How Many In Game Credit IGC Are There in Circulation?
There is an initial maximum supply of 59,999,719,367.47 IGC tokens, of which an estimated 2,487,322,687.73 IGC are currently in circulation as of November 2023.
Where Can You Buy In Game Credit IGC?
In Game Credit IGC is a token trading on the XRP ledger DEX, the most straight forward way to acquire IGC tokens would be to purchase them through XRPL DEX.
How to stay tuned for further updates?
If you wish to receive more updates about the In Game Credit ecosystem and any upcoming events, we suggest you follow @_iHunt4 on Twitter.