Search results for "IUSD"
10:50
According to PANews on August 30, according to data from VentureCap Insights, which tracks regulatory documents in Singapore, Iskra, a Singapore-registered but South Korea-based Web3 game platform backed by mobile giants such as Line, Kakao and Netmarble, will have revenue of $8 million in 2022, with a profit of $8 million. Approximately $900,000. Its revenue comes from "platform development and rendering of related services," according to the company's audited statement, without disclosing further details. LinkedIn estimates Iskra has more than 50 employees and operates a Web3 gamer and developer hub. It enables players to participate in blockchain-based games, where users can trade tokens and other in-game assets on its platform. Some of the games on its platform include casual games like Norma in Metaland and Legend of Slime, as well as role-playing games like ClashMon and Three Kingdoms Multiverse. Iskra’s token economy is driven by three elements: the governance token ISK, the utility token Pioneer NFT, and the stablecoin iUSD. Users spend ISK to purchase Pioneer NFTs, which gives the owner the right to become a node operator on the platform.
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