Binance To Offer World’s First Initial Game Offering (IGO)

　　NFTs are getting intelligent with the launch of “Sophia beingAI.”

　　AI robot Sophia is set to be tokenized and auctioned as part of a Metaverse project called “Noahs Ark.” Binance is launching this campaign as an Initial Game Offering (IGO).

　　It will feature 100 “intelligent NFTs” available for auction on December 16 and be known as “The Transmedia Universe of Sophia beingAI.”

　　“The IGO will showcase a history-making limited-edition one hundred Intelligent NFTs featuring Sophia beingAI. The collection will be known as, ”The Transmedia Universe of Sophia beingAI.

　　As the world's first, IGOs guarantee another degree of innovation in crypto funding. Yet, what precisely right？

　　What is a Binance Initial Game Offering (IGO)？

　　

　　Up to 2017, Initial Coin Offerings (ICOs) were the business standard in how crypto projects raised cash. The ICO scene birthed some large hitting projects, including Ethereum and NEO.

　　However, ICOs hit inconvenience following a progression of high-profile exit scams, including OneCoin, headed by self-proclaimed “Cryptoqueen” Ruja Ignatova.

　　Ignatova's “worldwide visit” persuaded financial backers to leave behind a revealed $4.9 billion preceding she vanished with the assets in 2017.

　　True to form, this and comparative episodes discolored the term ICO, prompting their death. From that point forward, various kinds of fundraising ideas have become possibly the most important factor, like Security Token Offerings (STOs) and Initial Exchange Offerings (IEOs).

　　In a world-first, Binance, utilizing Sophia and the Noah's Ark project, is dispatching the IGO idea. IGOs work similarly as some other fundraising idea however are only identified with gaming projects. In that capacity, they can incorporate early access passes, weapons, characters, and select skins for early financial backers.

　　“The collections can launch either via auction, flat rate sales, or mystery boxes. IGOs can be conducted over several rounds, offering a different number of assets each round with a tiered price structure.”

　　What is Noah's Ark？

　　Noah's Ark is charged as an “intelligent metaverse” that plans to save and develop people's way of life and aggregate intelligence.

　　Sophia becomes possibly the most important factor as a virtual anime form in this metaverse and will be known as “Sophia beingAI” – an intelligent NFT (iNFT).

　　While NFTs are for the most part lifeless, Sophia beingAI, as an iNFT, is purportedly ready to communicate autonomously with individuals inside Noah's Ark, similarly as Sophia does, all things considered.

　　Remarking on this, Jeanne Lim, the prime supporter of beingAI, said Sophia beingAI would provide a link between humans and technology to help us attain states such as unconditional love.

　　“As one of our AI beings, we hope Sophia beingAI will bring together humanity and technology to help humans attain our true nature of unconditional love and pure possibilities.”

　　As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you from hidden dangers in this risky industry!

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