Can I buy gaming crypto on Binance?

In an ICO, teams generate tokens to sell to early supporters in exchange for funds that the project can use for funding development. Initial Game Offering is the new buzzword in town, which, along with the coins offers investors early access to gaming assets which helps the projects raise funds .

The primary in-game currency is the Alice token, which is also available for purchase on Binance . Alice tokens are used for in-game transactions, like buying land, and specific DeFi services like staking, collateralization and buyback.

Crypto launchpads, often referred to as IDO platforms, are platforms for launching new coins, crypto projects, and raising liquidity . They are the digital world’s next big thing, specifically in terms of decentralized finance.

IGO stands for Initial Game Offering . It’s similar to ICO – Initial Coin Offering and IDO – Initial DEX Offering. It’s a presale of tokens (available to pre-selected buyers) before they are listed on an exchange. While ICOs and IDOs can be for any type of token/project, IGOs, as the name implies, are only crypto games.

IGO Day Guide