In the world of cryptocurrencies, there are lots of methods of fundraising. We are already well aware of ICO, IEO, STO, IDO and many more, but there is one more method completely focused on gaming and it is called IGO. IGO, which is an acronym for Initial Game offering, is a trending method of fundraising for projects based in the gaming field.

In this article we will talk about IGO, how it works, IGO launchpads and the process to make an IGO a success. So go through this article and know everything about IGO in detail.

What is Initial Game Offering?

Initial Game Offering (IGO) is a new way of selling and buying digital video game products. It is a form of crowdfunding that allows developers to sell their games directly to their fans before the game is released. With IGO, developers can generate funds to help cover development costs and increase visibility for their game.

IGO is an excellent way for developers to get their games out to the public before release. It also allows developers to get feedback from players and make adjustments to their game before launch. The funds generated through IGO can also be used to improve the game and add features and content after launch.

When developers use IGO, they can offer a variety of rewards to their supporters. These rewards can range from early access to the game, exclusive content, or even physical merchandise and collector’s editions. Developers can also use IGO to create a community of dedicated supporters who can provide feedback and help promote their game to a larger audience.

Overall, IGO is a great way for developers to get their games out to the public and generate funds to help them make their games a success. It’s also great for developers to build relationships with their fans and create a dedicated community of supporters.

How Initial Game Offering (IGO) works?

Initial Game Offering (IGO) is a blockchain-based crowdfunding model that allows developers to raise funds in order to create, launch, and market a new game. It is similar to an Initial Coin Offering (ICO), except that it allows developers to issue virtual tokens that represent in-game items, such as in-game currency, weapons, or characters.

The process begins with the game developers setting up a campaign on a blockchain-based platform. They create an offering document that outlines their project, their team, and the goals they wish to achieve. They can also set a minimum goal for the number of funds they need to raise, as well as a maximum goal for the number of tokens they are willing to issue.

Once the offering document is complete, investors can purchase the game’s tokens. When the minimum goal is reached, the game developers will receive the funds they need to begin development. As development progresses and the game nears launch, the developers can use the funds to pay for marketing and other expenses.

Once the game is launched, the tokens are made available to players in the game. Players can use the tokens to purchase in-game items, such as weapons or characters. As the game grows in popularity, the value of the tokens may increase. This allows investors to potentially earn a return on their investment.

What is an IGO launchpad?

An IGO Launchpad is a digital platform created by the Intergovernmental Organization (IGO) to help its members and stakeholders interact, collaborate, and exchange information more efficiently. It is a secure, cloud-based platform that allows IGOs to store and share data, documents, and other resources, as well as to facilitate collaboration among their members. The IGO Launchpad is designed to help members and stakeholders make informed decisions in a timely manner, while also providing a platform for IGOs to be more agile and responsive to their members’ needs.

The platform also offers tools and services to help IGOs manage their projects, campaigns, and initiatives, as well as to keep track of progress, performance, and outcomes. Additionally, the platform provides access to a wide range of analytics, dashboards, and reports that can help IGOs better understand their performance and identify areas for improvement.

9 Popular Crypto Gaming Launchpads

Here are the 9 most effective crypto marketing companies for gaming launchpads. Explain each in detail

Binance Launchpad

This is Binance’s official crypto gaming launchpad, launched in 2019. It is a platform to launch new tokens and projects and provides a way for users to purchase and trade the tokens on the Binance exchange. It also allows users to participate in airdrops and other promotional activities.

Ethereum Launchpad

It is a decentralized platform that allows developers to create, deploy, and manage their projects on the Ethereum blockchain. Also provides users access to various decentralized applications and digital assets.

NEO Launchpad

This is the official launchpad for the NEO blockchain. It provides a platform for developers to develop, launch, and manage their projects on NEO. This also provides users access to various tokens and digital assets.

TRON Launchpad

The official launchpad for the TRON blockchain. It provides a platform for developers to launch, deploy, and manage their projects on TRON. It also provides users access to various tokens and digital assets.

Stellar Launchpad

It is the official launchpad for the Stellar blockchain. Provides a platform for developers to launch, deploy, and manage their projects on Stellar. It also provides users access to various tokens and digital assets.

Game starter

Gamestarter provides an IGO launchpad and NFT-based marketplace to support independent game development. It is powered by the Ethereum-based GAME coin and covers any IGO failures or team misconduct with a 300k USDT insurance policy.

Enjinstarter

Enjinstarter is a gaming launchpad that allows creators to run campaigns and build blockchain communities. It also supports projects in creating sustainable strategies and launching successful campaigns. Enjinstarter has built several projects, including Pixelverse, Project Defina, and Gaia Everworld.

GameFi

GameFi is a platform for blockchain games and metaverse projects, which are used to create digital communities and virtual economies. It has a ranking system based on $GAFI staking amount, and to join IGO pools, members must reach at least the Rookie rank and complete KYC. The use of community pools is optional.

Speedify

Speedify assists with marketing and community building for blockchain-game projects by investing in SFUND, Speedify’s community token. The reward system is a nine-tier program, with first-tier token distribution using a lottery system and the other tiers guaranteeing a share. SFUND can be bought from exchanges like Pancakeswap and Kucoin, and participants must use the same wallet they provided during the KYC process.

How to Participate in IGO Launchpad?

Participating in an IGO launchpad does not require any complicated procedures. However, the specific steps differ depending on the IGO launchpad.

You must conduct research before committing to an IGO. Many fake IGOs have been created to steal your hard-earned money, and crypto scams are common throughout the crypto space. Examine the website and social media channels of the gaming project to see if they provide a clear roadmap for its development. Checking to see if reputable investors or partners are involved in a project may also be beneficial.

How to make an Initial Gaming Offering a success?

Making an IGO a success is a very daunting task and it requires a lot of effort, time and technical knowledge. Here is the process of helping IGO to achieve its goal.

Develop a Unique Concept

Before launching a gaming offering, it is important to develop a unique concept that will stand out from the competition. This could include developing a new game mechanic, an innovative art style, or a new type of story. This will help draw in players and make the game more memorable.

Market the Game

Once the game is ready to launch, it is important to market it effectively. This includes developing a website, creating trailers and videos, and running ads on social media and other online platforms. It is also important to reach out to influencers, gaming websites, and other industry professionals to get the word out about the game. Not just the game, but the complete effort needs to be marketed including the fundraising process. For that, you can hire a professional company like SAGIPL for their IGO Marketing services.  They will help your offering to attract more investors and reach the target in less time.

Engage with Players

Once the game is out, it is important to engage with players and listen to their feedback. This can be done through forums, social media, and other communication channels. It is also important to provide regular updates and content to keep the game fresh.

Offer Incentives

Offering incentives such as discounts, exclusive content, and rewards can help attract more players. This will also encourage current players to continue playing and recommend the game to their friends.

Have a Support System

It is important to have a support system in place to help players with any issues or problems they may have. This could include a customer service line, a forum, or a FAQ section. This will help ensure players have a good experience and keep playing the game.

Following these steps can help ensure the success of a gaming offering. It is important to plan ahead and be prepared for any issues or problems that may arise. With a unique concept, effective marketing, and good customer service, the game can be successful.