Review Jigen ($JIG) – The first NFT gateway for Fashion and Luxury items in the Metaverse and Gaming ecosystem

Jigen is an all-in-one solution for Brands to bridge their business into the blockchain space. Blockchain technology has spawned a true revolution in the digital economy and the way information is tracked. Its capacity for transparency and online verification in a decentralized way makes it an ideal ally for traceability.

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Concept Project – What is Jigen?

Jigen is the first NFT gateway for Fashion and Luxury items in the metaverse and gaming ecosystem. Its mission focuses on three main areas: building its own brand, exclusive NFT drops through its launchpad, and custom NFT works for companies and projects. Jigen seeks to solve typical problems for brands through the use of blockchain technology such as counterfeiting, but through less technical inputs for the newer users of the industry, such as NFTs.

With a simple interface that reduces the time spent for trading items and solves the scalability problems inherent in traditional NFT minting methods, Jigen tries to address a wider audience and younger generations who are immersed in metaverses.All NFTs on the Jigen platform are backed by real world luxury assets. Real-world asset-backed NFTs allow users to redeem the physical asset at a point in time or hold the NFT for investment purposes.

Outstanding features

What is the project trying to achieve?

Jigen is an NFT launchpad and gateway for the fashion and luxury industry built on the blockchain. They want to become the premier brand of the metaverse. Originating the latest strategy of building hype for a fashion and luxury brand within the Cryptoverse.

Jigen’s team have been working behind the scenes for a while to bring Jigen to you. That’s because Jigen is the first NFT gateway for Fashion and Luxury items in the metaverse and gaming ecosystem.

They also focus on solving user-related problems like the time-consuming process to trade real items, lack of utilities for NFTs with no tangible backing assets, and unfair, expensive, and outdated minting methods for traditional NFT drops.

Their goal: Build a bridge to the world of non-fungible tokens (NFTs) for fashion brands.

Gameplay

Jigen is an all-in-one solution for Brands to bridge their business into the blockchain space

Jigen bring to market NFTs designed by famous brands for metaverses and gaming ecosystem Technical blockchain support and professional fashion design support

What is unique selling point?

A core element of the Jigen ecosystem is the Jigen token (JIG). JIG empowers our community in three ways:

• Exclusive Access: Depending on the amount of $JIG tokens that users have, holders will have exclusive access to NFTs and privileges within the platform.
• Staking: Token holders will become eligible for the staking and farming rewards of the $JIG token. This policy will help the token economy by reducing its circulating supply and promoting sustainable growth.
• Governance: Token holders will be able to vote for new features and different initiatives in the Jigen ecosystem. As part of the benefits of holding $JIG tokens, holders will be able to take part in the creation processes; and vote for their favorite designs, artists and brands.

Roadmap

Jigen presents a viable roadmap, with achievable goals and objectives for the development of a platform supporting the digital backup of works of art tokenized with physical assets.

Technical Data

Key metrics 

$JIG

• Token Name: Jigen
• Ticker: JIG
• Blockchain: BSC
• Token Standard: BEP-20
• Contract: Updating…
•  Token type: Utility
• Total Supply: 100,000,000
• Circulating Supply: Updating…

Token allocation

Token release Schedule

Token use case

Jigen NFT use cases:

• Trade your NFT on any secondary market
• Flex your NFT in the Metaverse and in your favorite Games
• Claim the Physical Version on our app

Token sale

The team expects to sell 32% of the total supply of the $JIG (32,000,000) tokens through three rounds, to reach a total of $1,920,000 in funding:

• Seed Round: 6M Tokens $JIG, 5% TGE @ $0.04 each token
• Private Round: 22M Tokens $JIG, 7.5% TGE @ $0.06 each token
• Public Round: 4M Tokens $JIG, 20% TGE @ $0.09 each token

See the graphic below for more details on this.

How to own the token?

For this IGO, GameStation will use the Tier System published here.

To receive a guaranteed allocation, you will need to be among the top 420 stakers.

You have to stake on https://app.mantradao.com/staking

Here is a tutorial to stake on MANTRADAO. Staking Leaderboard: https://polygonscan.com/token/0xd1ecdc553651dab068486d9c4d066ecdc614416e#balances

• Snapshot: Monday, December 27th at 11:59 PM UTC
• GameStation Public Allocation: $100,000
• Network: Polygon
• Currency: USDC
• IDO Price $JIG= $0.09
• Top 420/FCFS/Lottery Round Start Time: December 28 2021 16:00 UTC Top 420/FCFS/Lottery Round End Time: December 29 2021 04:00 UTC (12 hours)
• Initial Market Cap: $247,500
• Vesting Schedule (Public): 20% TGE, 1-month cliff, rest linearly over 5 months
• TGE Date and Hour: December 29 1530 UTC by GameStation

Market and Community

Market

At Jigen, they see a future where online and offline fuse together without friction. Soon, potential customers will test fashion and luxury items virtually before buying. This will help designers better understand their customers, allowing them to learn what they like and need. Imagine a selling hub where every item in a designer’s collection is backed by an NFT. A buyer is then granted a digital item and receives a physical asset. Ownership of the NFT could make the buyer eligible for different benefits, like airdrops and games. This hub is what they are building at Jigen.

Community

Jigen has crossed the mark of 30,600 Followers on Twitter.

Backers

Team/ Founders

Partners

Conclusion and analysis

Jigen is using a cross-chain ecosystem by adopting a multi-chain approach to deliver fast and cheap transactions. And their NFTs can be minted and swapped between all EVM compatible chains. They have also partnered with Scotty Beam.

Jigen is an NFT launchpad and gateway for the fashion and luxury industry built on the blockchain. They want to become the premier brand of the metaverse. Originating the latest strategy of building hype for a fashion and luxury brand within the Cryptoverse.

Find more information about Jigen :

Website: https://jigen.app/

Twitter: https://twitter.com/jigenapp

Telegram: https://t.me/jigenapp  

 If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

Elise

Coincu Ventures