IguVerse (IGU) is a distinctive GameFi application that seeks to redefine the concept of Non-Fungible Tokens (NFTs) using AI and Machine Learning technologies. It introduces an innovative game mechanic known as Socialize to Earn, along with two other concepts - Move to Earn and Play to Earn. Users can complete simple tasks like sharing pet photos or walking and feeding them to receive compensation. The IguVerse app allows users to mint NFTs from their pet photos or create them using AI. The IGU token serves as the governance token of the project, while the IGUP token serves as the main form of compensation in the game.

IguVerse operates by allowing users to create a virtual pet, which is an NFT that can be minted in the app. The NFT gives users access to the app and has characteristics such as Rank, Level, and XP. These characteristics contribute to users' compensation. To keep the NFTs usable, players need to be active in the game and obtain energy. Players can replenish their Energy Level by completing tasks in three game modes: Socialize to Earn, Move to Earn, and Play to Earn. At Reward time, Energy Level is zeroed and converted to compensation in the form of IGUP tokens according to the conversion ratio.

IguVerse has several potential use cases. It can be used as a platform for users to create unique user-generated NFTs, which can become a new standard in the NFT space. The app also allows users to receive compensation by completing simple tasks related to their virtual pets. Additionally, the IGU token can be used for governance in the project, while the IGUP token can be used as the main form of compensation in the game. Users can also use the IGUP token for in-game economy, such as buying level-ups, feeding pets, and other upgrades.

IguVerse was founded by Andriy Tkachiv, an experienced tech founder with 8 years of IT background and various blockchain experiences. Andriy is a former CTO and co-founder of an award-winning venture capital startup, CallPage. The game release of IguVerse took place in November 2022. The project strives to contribute to the Web3 gaming industry by adding social and community elements to a GameFi app. It seeks to unite pet people all over the world in one app and allow them to receive cryptocurrency by going over their everyday social media routine.