The gaming industry expansion from being a single console game to upgrading to the metaverse and the ability to mint game progress and art as NFT has transfigured how we see games. The Indigenous gaming industry has added lots of pecks to how we see gaming and that comes with play to earn eradicating the era of playing for nothing. This new influx has apportioned play-to-earn games to overtake others that are not. The game developers in India aren’t left out of this. They have created a game built on the polygon network and Yield Guild Games to design IndiGG, a subDAO of YGG (Yield Guild Game).
As a larger influx into play-to-earn games surges across the crypto space, India is planning to take a chunk of the economy, by creating a new concept able to both attract investors, and expand the Polygon ecosystem and Yield Guild Games as they secure more funds. A $6m investment came in from Sequoia Capital in India and LightSpeed Ventures, fully supported by Reddit co-founder Alexi Ohanian and many executives from the Indian entertainment industry, the success of IndiGG started with a pre-seed sale by YGG to raise $1m. By opening the Indian indigenous market to the gaming world, IndiGG is on a mission to introduce a new way to infuse NFT ownership into gaming for both Indians and the rest of the world.
India plans to inter-operate NFT assets from other top games in the crypto-verse into its system, gamers can use their NFT assets from games like Axie Infinity, Fancy Birds, Nyan Heroes and many more IndiGG and get rewarded for being committed to the IndiGG mission.
Co-operating with YGG to launch IndiGG is a great thing, YGG pools players together while giving them decentralized access to various games, this makes gaming easier and gives gamers easy access to other top games, and assets with NFTs, this also creates more values and assets to the blockchain at large. While the Polygon studio sets up gaming and NFT on the Polygon chain. These two come together to give IndiGG backing and placed it as one of the most promising play to earn gaming projects.
IndiGG also planned long-term stability, creating a 1 billion total token supply to be distributed across the Founding Team taking 13%, the Community holds 40%, Early Distribution holds 24.3%, Advisors earn 4% while Treasury holds 18.7%. Early contributors are those who bought at presale the indiGG token. Their tokens are distributed at 2.5% at the token generation event (TGE) and 97.5% locked for a year. 5% allocation and 95% of IndiGG tokens locked for a year are given to Seed Participants. The strategic rounds follow the same as Seed Participation. But tokens are unlocked for IEO partakers on FTX for the community at day 0. This put the $INDI token in the hands of owners.
The INDI token is the native multi-utility governance token of IndiGG. It is used to reward users on the IndiGG platform, reward users and keep them glued to IndiGG with $INDI. Users can interact with all the features on IndiGG. $INDI token is ERC-20 enabled when launched at the mainnet and they configure its DAO to keep the token with the Indian gaming populace. By holding tournaments on IndiGG and many battles, a larger database of users flocks into IndiGG to bring more value to its ecosystem.
A giant stride made by IndiGG that can be replicated across other games is the ingenuity and indigenous of the game to a particular set of users, other developers can bank on the sophistication of Polygon studio and Yield Game Games to create their indigenous games playable by a particular set of users while bringing fun, incentives and boosting the blockchain economy.