IGC - XRPL Whitepaper

IHUNT IGC XRPL (In Game Credit)

This whitepaper provides an initial summary of certain technical and business essentials. This document is expected to evolve over time, as the IHUNT project proceeds. The IHUNT team may post modifications, revisions and updated drafts from time to time, including before, during and after the creation of any tokens, and whilst the networks are in operation. This document sets forward a description of the IGC token, reference software implementation. IGC is not a security it is an in game token, as the name suggests. This document is provided for information purposes only and is not a binding legal agreement. This whitepaper is not an offer document or prospectus, and is not intended to provide the basis of any investment or decision or contract.

What is IHUNT and the IGC Token

  • An metaverse augmented reality treasure hunt project
  • Started in 2020, IGC token listed in Sept 2021 on decentralized exchanges
  • Pre-built platform before listing including pilots, with features currently being added before scale
  • An end to end player, business, marketing and payments ecosystem powered by XRPL
  • An XRPL token (Fast, secure, cheaper transactions, no mining / green)
  • IHUNT is an all inclusive marketing platform built for business and players to dynamically interact with the treasure hunt. 
  • IHUNT enables players to put prizes into the hunt using Alt, Long and Latitude
  • Enables business to put prizes into the hunt using Alt, Long and Latitude
  • Enables NFTs to be entered into the treasure hunt as prizes enabling a distribution method 
  • Includes selfie hide and seek, AR feature rounds, digital real-estate and heaps of features.

IHUNT provides a complete Augmented Reality platform experience driving players to dynamically set coordinates and positioning in the real world. Businesses provide real prizes & IHUNT is also used as a reward. Our native token IGC can be used like any other XRPL token and can be exchanged in our marketplace for goods and services. XRP enthusiasts can also use IGC within the XRPtoolkit. Businesses can enter prizes, native crypto, their own crypto, discounts, reward points or promotions of their choice. Treasure hunts are promoted by our team and the businesses to accelerate growth. Complete distribution of rewards can be completed through the IHUNT dashboard including wallet distribution, drop shipping and QR code prize claiming. 

The IHUNT cutting edge technology enables ANYONE to place Augmented reality rewards at desired coordinates using proprietary altitude, longitude and latitude indoor and outdoor positioning. The platform then facilitates the distribution of the reward to the players and the marketing information to the business. All powered by a native token IGC XRPL.

 

As of Aug 2021, The IHUNT technology platform has been built and is ready for scaled deployment. “ Augmented Reality coordinates are set using Altitude, Longitude, Latitude and Satellite Algorithms”  

At IHUNT anyone can place rewards directly into the augmented game! IGC tokens are earnable & spendable within the marketplace. The marketplace will consist of goods, services, promotions and NFTs for purchase. We keep building in fun features into the application including digital real-estate, selfie hide and seek, multiple levels and bonus rounds and much more.

Currently, there are no platforms like IHUNT in the market. The platform  enables easy placement of rewards dynamically into the augmented reality game with both sides of the ecosystem businesses and players to dynamically participate and engage at the same time. 

If you thought IHUNT was just a massive cryptocurrency treasure hunt, think again. IHUNT is not just a treasure hunt it is a full scale marketing platform designed to connect businesses to new customers. IHUNT is an all inclusive marketing platform that connects business, players and cryptocurrency enthusiasts together within the XRPL powered ecosystem. 

To take things to the next level we have built in a suite of features into the application from “Augmented Selfie Hide and Seek” and “Digital Real-Estate”.  We take traditional games and use them to connect players with everyday retailers. 

 

Why IHUNT?

Why create the world’s largest treasure hunt, loyalty, payments, cryptocurrency, gaming and marketing platform?

Here are the facts:

  • Metaverse is set to be a trillion dollar industry (source Greyscale)
  • 6 Billion + smartphone users and growing
  • Nearly one in three people on earth are now playing video games
  • Over 41.9 million gamers own cryptocurrency in 2020
  • One of the world biggest phenomenon games followed a treasure hunt concept
  • Crypto gaming industry has an estimated market revenue of US$321 million in 2020
  • Treasure hunts, hide and seek, AR helicopters and augmented reality are fun!

The current number of smartphone users in the world now surpasses 6 Billion users. Half of all mobile devices in the world are used to play games. The number of smartphone subscriptions worldwide today surpasses six billion and is forecast to further grow by several hundred million in the next few years. China, India, and the United States are the countries with the highest number of smartphone users. source. Over 41.9 million gamers own cryptocurrency in 2020 Crypto gaming industry has an estimated market revenue of US$321 million in 2020 source.

The global gaming market was valued at USD 162.32 billion in 2020 and is expected to reach a value of USD 295.63 billion by 2026, registering a CAGR of 10.5% over the forecast period (2021 – 2026). *Source 

The IHUNT solution uses cutting edge technology to aggregate multiple high growth sectors including cryptocurrency, augmented reality gaming, location based marketing and customer engagement. There is no doubt 2021-22 is seeing an exciting bullish trend with cryptocurrencies and gaming.

IHUNT & IGC vision and objective

  • Provide players with a free, fun, rewarding and ongoing game
  • Marketing and promotion for everyday retailers
  • Offer loyalty solutions
  • Introduce cryptocurrency to new players and business
  • Create a true universal gaming utility token that has multiple functionalities (Earn, Spend, Trade)
  • Provide business with a free, fun, rewarding advertising channel
  • Create a thriving IHUNT/ IGC global XRPL ecosystem 
  • Support new user adoption of multiple cryptocurrencies
  • Engagement of brands, malls, business, government and customer services
  • Provide charity and disability services with a free fun rewarding game for their members
  • Ongoing project and platform with extended roadmap to keep both retailers and players excited
  • Build with minimal design for smart glasses adoption

Looking back in time /About the 2016 mobile game phenomenon

In 2016 there was a global treasure hunt game that was indeed a phenomenon. Everyone knows AR game. The games revenue in the first month broke records, at $207 million. This was despite its launch being staggered, with its Japanese release not occurring until two weeks after general release. It was also the most downloaded, topped most international charts, and grossed $100 million in a mere 20 days. Players loved the treasure hunt at home and outdoors capabilities.

The success, however, could not be sustained. The game seemed to be an all-conquering phenomenon in its first few months, but hype died as the summer ended and people moved on to other things. At its peak, the game was drawing in well over 250 million people per month, by December 2016 that number had fallen to less than 50 million. The game however has recovered in users by adding new features, levels and functionality. This is an important message to the IHUNT team to have a continued arsenal of fun features and new prizes ready for deployment

Here are some of the user statistics on the game: 

Users by year

2016 – 232 million, 2017-65 million, 2018- 147 million, 2019153 million, 2020166 million. Source

Why is this important to IHUNT? This demonstrates 

Games can be quick fads or phases without having exciting follow up features and rewards. Games need the addition of ongoing features a continued demand for the product, something IHUNT has built into the business model.

Components of IHUNT include:

  1. An augmented reality  cryptocurrency treasure hunt, selfie hide seek and digital real-estate
  2. A global marketing platform connecting business with consumers
  3. Marketplace provider 
  4. Native Token IGC (In Game Credit) a Universal gaming token. Multiple games suite.

The IHUNT Company is responsible for software development, brand management, production, marketing and licensing of augmented reality mobile games and marketing platforms.

IHUNT is the marketing and treasure hunt platform where people can search for treasure and earn tokens in the process. With our token reward program, not only will we drive adoption of the platform by incentivizing users to bring their friends onboard, but also we drive organic traffic by rewarding users who place treasures within the platform. The creation of IGC Token is what allows us to bring this project from a concept to a platform that will be able to disrupt the current market leaders. Our initial target market stretches across many large industries: the advertising industry, valued at $US 647 Billion, and the crypto industry valued at $2 trillion. Other gaming companies make the mistake of not having a solid working growth model. IHUNT, on the contrary, is built with a focus on growth where everyone benefits: users are rewarded with tokens when they use our augmented reality platform, and business owners providers benefit from a low cost customer and branding solution solving one of their biggest challenges.  Our user acquisition strategy is built to systematically and sustainably drive users to the IHUNT platform through business, government and happy treasure hunt players. The revenue streams will be used to support the project infrastructure, marketing and prize development. By launching IHUNT, we will start winning market share of the $600 billion advertising industry. At the same time, the current market cap of all cryptocurrencies is around $3 trillion. Our initial target market stretches across both of these industries.

IGC and iHunt4 digital real-estate integrated features

While out and about on the treasure hunt missions, players have the ability to claim positions and locations. We do this as a fun way to promote location based metaverse AR. We also make if fun and innovative by providing the facilities to buy sell and lease the location digitally through the IGC token.

IGC Metaverse token

 

About the token 

IGC is a token based on XRPL network. It is a cryptocurrency ecosystem designed to connect business, marketing companies, game players and crypto enthusiasts. A unique way to gain access to specified target audiences. It is not a securities and as the name suggests it is primarily for In Game.

Supply: 60,000,000,000  (THIS IS FIXED)

Token code: IGC XRPL 

“We want a single token, we do not want to create more/multiple coins for a ecosystem platform.” Unlike other tokens in the market IGC is a utility token where we are building the platform for long term use in an ecosystem. This is not a fly by night token and we have and will continue to build, integrate and be held accountable.

The opportunities and scale IGC has in front of us are amazing, and we may require additional tokens to support integration, partnerships and most importantly platform circulation. If our vision is to be the universal gaming token.

We have  enough circulation to support our goals:

Major partnerships, multi international games, IGC loyalty programs, IGC Marketing, IGC POS, multiple wallets, multiple payment devices, future scoped retail payments, government initiatives, educational, charity events, data campaigns. 

Will you be creating more tokens short or near term? No, we are unable to the issuers account has been destroyed. The amount is fixed at 60,000,000,000.

1) Enterprise partnerships

2) Integration with additional games via our easy to use multi games module

3) A large payment entity, device or software requires the amount to be extended for their use case. 

4) Use of special characters in game (Licencing deals)

5) Acquisitions

 This way we avoid new token creation, which would devalue IGC.

Our mission is to be a true universal gaming token. The token is to be used in many aspects from earn in game, connect marketing campaigns, be integrated into payment systems as a token. 

Just like in the corporate world “If the company is issuing new stock as a means to boost revenue, then it may be positive. It may also be doing so to raise money for a new venture, whether that’s investing in a new product, a strategic partnership, or buying out a competitor.”

Special initiatives are being introduced for IGC loyalty and will be announced soon.

The token is named IGC (In Game Credit) intentionally with the vision of cross functional games in the future. 

Token Distribution

 

 

 

The challenge IHUNT and IGC addresses

Businesses and the government are looking for a way to kickstart economies and generate new business. There is a need for businesses and the government to kickstart foot traffic and boost spending. Restaurants, tourism locations and retail are all looking for ways to kickstart spending and generate business at their locations.  

The IHUNT platform has been designed with the user in mind. It conflates an intuitive UI with a set of tools that bring power and depth to the experience. We believe that IHUNT  can be transformational as a marketing platform, changing the dynamics of power and forming part of a wave of change that could radically alter the operation of business connectivity to players.

 

Competitor Analysis

We know its never good karma to badmouth a competitor so lets a high level competitor review we noticed when researching the market.

We found that competitors only offer small rewards (Often prizes are so small and not worth redeeming) Players quickly figure out playtime vs reward is not worth it time and effort

  • No End to end payments and integrations with blockchain tech
  • Competitors did not offer an interactive treasure hunt experience between business and player
  • Competitors bored players by putting in lengthy advertisements 
  • Offered the same repeat advertisements mostly from casino or other game providers
  • Did not offer a way for players or businesses to place prizes into the project
  • Do not offer a free advertising alternative
  • Did not offer any free distribution services
  • Did not support cryptocurrency or NFTs.
  • No integration with payment gateways
  • No NFT placement alternatives
  • No communication methods for players
  • Not built and compatible with smart glass heads up display
  • No level features with AR
  • No Bonus rounds with AR
  • No digital real-estate capabilities buy, sell, lease. 

We copied and pasted some reviews for the whitepaper below:

“that it contains lots of ads.”  “It really pays but a little amount.” “Has so many ads” “This app lies about the adverts it asks you to watch” “the ads are a scam.” 

The number one mistake other games are making is that they don’t have a working growth model in place. They try to compete against big players that have much more marketing resources at their disposal. Their constant struggle to attract traffic to their game prevents them from ever taking business from competitors. Due to the lack of an adoption strategy, we can see in hard evidence that post launch, their traffic plummets and demand decreases. 

IHUNT is built with a focus on growth where everyone benefits:

  • Players earn tokens when searching for treasures and spreading the word;
  • Businesses gain customers when placing treasures around their locations
  • White label customers gain subsidised software costs for running advertising campaigns
  • IHUNT community benefit from the increase of traffic and adoption of the site
  • Fun engaging platform for both retailers and players
 

The Market

Global ad revenue is growing with gamers representing a highly valuable demographic that has always been hard to reach. This is mostly because they have abandoned traditional advertising channels. Word-of-mouth, YouTubers, live streamers, and other new channels are how most of these gamers make their purchase decisions. 

“The global augmented reality gaming market reached a value of US$ 4.7 Billion in 2020. Looking forward, the publisher expects the global augmented reality gaming market to reach a value of US$ 28.60 Billion by 2026, exhibiting a CAGR of 34.80% during 2021-2026.” Business Insider.

The ecosystem

A collection of games where players are rewarded with prizes and cryptocurrency.

  • A network of players
  • A network of businesses and marketing companies
  • The platform dashboard to facilitate the campaigns and distribution of prizes
  • The cryptocurrency IHUNT connecting the network
  • 3rd party games producers who implement the token
  • 3rd party tokens distributed through the games
  • Game developers using the IGC module to build opensource
  • NFT creators for location based opensource placement.

IHUNT and the IGC crew have created a marketing platform that connects marketers to their target audience through providing cryptocurrency for playing games. The platform provides marketing companies an easy way to target their target audience and provides larger incentives for users to play the games. The flagship game is Prize Strike – A treasure hunt game aimed at enticing players to visit business locations. 

 

Target Audience

Players: The target Audience for IHUNT is students, teens, gamers and cryptocurrency enthusiasts. Gamers are more likely to understand cryptocurrency and the benefits.  

Business Owners Partners / Business: Many businesses aim to attract the teen and gaming market and are willing to spend money to acquire them.

Crypto Enthusiasts: who look to take advantage of the features of the token as they see a tangible ecosystem with growth capabilities.

Government: Looking to generate new business activity post covid.

Associations: Looking to provide a benefit to their member base

We partner with all sizes of business from cafes, electronics stores, movie cinemas through to hotels and resorts!

This platform is a terrific way to generate new foot traffic no matter what size business you may be operating.

The Technology

IHUNT is technology that has been built from the ground up. The purpose of the platform is to support the our entire ecosystem. The token itself (IGC) is a  built on top of the XRPL Network. Information on the token and the address can be located in the token details section.

The project comprises a combination of game building products including Unity3d, Android and IOS technologies used for the game component. Latest enterprise database solutions are used in the stack including SSO (Single sign on) and authentication methods for across gaming functionality. The ecosystem includes an online shopping facility where the core team has selected for security and reliability. 

IHUNT4 uses a combination of bespoke and off-the-shelf development solutions. For each requirement we determine if the best solution is already created or needs to be built. All functionality has to pass our user experience, security, quality and value standards. We believe developing is a continuous iterative process of delivering new and/or improved functionality

IHUNT4 uses the Agile Project Management approach for developing IHUNT.

Our development process contains the following steps:

  1. Scope, requirements and design 
  2. Planning using MVP
  3. Develop and test functionality in sprints (JIRA)
  4. Peer review 
  5. Release
  6. Track and monitor to improve functionality

In order to support this process we recognize the following roles: CEO,CTO, Head of back end & database architecture, solutions architect, API manager, Head of front end, prize and character design, UX and UI design.

Case Studies

iHunt4 can be useful for many different vertical’s here are some case studies showcasing the treasure hunt.

Avenue Perk is an innovative café located in Pennant Hills, Sydney Australia. The crew at Avenue Perk were excited to hear about the release of the cryptocurrency treasure hunt. The establishment costs for setting up their own treasure hunt were nil and it is a beneficial way to attract new customers and trial a brand awareness strategy. 

Hospitality (Cafes / Restaurants / Tourist Locations / Malls)

Hospitality looking to kickstart business following COVID. By purchasing coins for cafes, restaurants, hotels, theme parks it is a great way to generate foot traffic and new customer base 

Retail Brands

Cosmetics company looking to release a new brand of lipstick to the teen audience. Teens currently playing the game can discover prizes that are targeted to the user. Through the marketing platform companies can advertise at the specific demographic.

Governments looking to open borders and increase tourism, IHUNT provides an alternative solution to tourism promoters than television, radio and print. 

 

 

Blockchain

About the general Blockchain: Blockchain data is always complete, accurate, trustworthy and widely available because as a transaction is processed all computers on the blockchain operate an algorithm to reach consensus regarding the validity of the transaction. Once consensus is reached the transaction cannot be altered by any single party and the outcome of the transaction can then be publicly viewed by all. Blockchains are decentralized, meaning there is no single point of failure which adds to the resiliency of the network, making it harder to attack. By reducing the reliance on centralised record-keeping entities, the technology has the potential to lower costs and improve the efficiency of business processes.

Smart contracts

A smart contract is cryptographically verifiable code that executes instructions over cryptographically verifiable data (i.e token balances). The main feature of such code  integrity is enabled by blockchains. While smart contracts might sound new, the concept is rooted in basic contract law. Usually, the judicial system adjudicates contractual disputes and enforces terms, but it is also common to have another arbitration method, especially for international transactions. Smart contracts are self-executing contracts in which the terms of agreement are directly written into lines of codes. As it is in code rather than on a piece of paper, there is no third party required to execute the contract! This means there is no central authority to trust or rely on. While crypto-tokens remove intermediaries from payment processing, smart contracts remove intermediaries from business processes and agreements.

What blockchain is IGC on? 

The XRP Ledger (XRPL) is a decentralized, public blockchain led by a global developer community. It’s fast, energy efficient, and reliable. With ease of development, low transaction costs, and a knowledgeable community, it provides developers with a strong open-source foundation for executing on the most demanding projects—without hurting the environment.

Some of the benefits of XRPL  include:

  • A rich and growing digital asset ecosystem powered by XRPL, the leading payments ledger
  • Cheap transaction fees helping players and business grow
  • High performance 
  • A supportive XRPL  ecosystem 
  • A growing ecosystem of millions of users across XRPL
  • A network of major crypto projects already collaborating with XRP

Because of the use of Blockchain technology we are able to not only have a more safe and secure way of operating, it also enables a revolutionary business model that would otherwise not be possible and allows us to disrupt the status quo.

Mission and Vision

The team at IHUNT envision a world where the use of the XRPL token will enable people to connect business with customers in a fun and friendly way. Our mission is to enable more people to experience simplified earning and usage of cryptocurrencies, creating a self-sustainable and autonomous digital economy.

We also believe in local business and local community example event

Token functionality

IGC token disrupts the traditional advertising marketplaces by creating a cryptocurrency treasure hunt where the players and business owners become uniquely aligned to serve one another. We have designed a full player to business payments ecosystem.

Role

IGC tokens are the engine of the platform as they unlock utility on the website. The utility of IHUNT has a wide range of services, including in game purchases, advertising, and purchasing of goods and services within the marketplace.

Purpose

Tokens will set us up for success by driving the growth of our platform. They play a crucial role in allowing us to reward our community for:

  • Playing the treasure hunt games
  • Attracting new users
  • Utilising the tokens

IGC Token Adoption and Growth strategy

IHUNT will implement both an inbound and outbound marketing strategy to drive growth. 

With a focus on: 

  1. Attracting players through relevant and helpful content and adding value 
  2. Business self promotion of individual hunts
  3. Cryptocurrency community rollout
  4. Channels like blogs, search engines, social media and promoters.
  5. Unique prizes entered into the game eg “one of a kind”
  6. Government campaigns
  7. Tourism location campaigns
  8. Business association rollouts
  9. Vertical specific industries such as Cafes, restaurants, churches, sporting clubs 

IHUNT Team 

Our team consists of serial entrepreneurs, sales and marketing experts, senior engineers, and system architects with a range of backgrounds. It’s a diverse team currently working for different major players in the technology sector. We are dedicated to building an inclusive culture where employees can do their best work. Feedback, research, and our own employees show that the number one way to do that is by being flexible. 

Simon is a serial entrepreneur (5 Successful tech companies  3 x multi exits) who heads up the team with multiple technology start-up ventures. With a background in logistics, digital and commercial management he is the founder of IHUNT.

 If you have not  already noticed already in your research Simon is  transparent as can be on discord, hates coins with no utility, dislikes airdrop scammers, is here for the long run and works full time on the IGC project. Simon has self funded the 1 Plus year development before his family and friends round with one investor with a convertible note. Simons mission is to ensure IGC is a long lasting legacy.

Saqlain, best known for his expert knowledge in all things database, back end, mapping and logic flow for the platform. Saqlain is responsible for everything dashboard, database and API related. Saqlain is also working on complicated tasks such as fraud detection and the different XRPL integrations. 

Ammad is taking on the Chief of tech or CTO. Ammad earned this position through his non stop dedication and technical vision of the project. Where Simon imagines the vision Ammad technically details how we will get there. Ammad is also the guru behind the front end. Ammad creates all of the unique algorithms that are integrated into the Augmented reality project.

Moin is another guru we have secured in our team and for the last few months Moin has been perfecting the selfie hide and seek game and features for the application. Moin is also working on the other AR games for IGC including our AR Helicopter game that enables players to collect IGC with the chopper they fly. 

Richard: Marketing and sales guru. Working with the team to provide market and progress transparency. 

Stanley: Stanely works on our AR treasure designs and is currently creating dozens of them to implement into our level system to keep players coming back for more. 

Webgeeks helps our solutions team with the design and implementation of our front facing UI website experience. Bonnie is actually our mascot and for fun we put her in press releases. We all work together to form the IGC project.

 

Where to trade IHUNT?

The community is releasing limited amounts to early adaptors. There are currently three places to aquire IGC (In Game Credit on XRPL) 

Xumm:

  • Setup a Xumm Wallet by downloading from the play or app store. 
  • Activate with XRP
  • Setup a trustline for IGC 
  • In Xumm click on IGC then select exchange for XRP

 XRPtoolkit.com

  • Login with a Xumm account and use the orderbook.
  • This way you can set a market limit in the orderbook.

Sologenics

  • IGC is also available on Sologenics by clicking this trading pair Sologenics IGC

If your lucky enough to have some IGC it would be through the twitter or discord channel. Keen XRP holders are playing with the token on the XRPtoolkit by signing in with their Xumm wallets. Our team will be placing the token on exchanges and adding liquidity please stay tuned to the discord channel. 

How do I add my IHUNT tokens to Xumm? are for desktop!

Xumm is a third party XRP wallet. Its super easy to set up please remember to keep your security numbers in a safe and secure area.  You will need to activate your XUMM account and add a trustline. 

 

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