Meta Islands (IGO) is a play-to-earn protocol built to provide users with high-yield rewards. Play-to-earn refers to a business model where the users can earn cryptocurrencies as rewards while playing video games. The network employs the power of metaverse and lets the players create islands that help them earn rewards in IGO every day. The asset operates on the Binance Smart Chain because it performs operations quickly and charges low transaction fees.

Meta Islands has the vision to provide users with high yields by implementing a long-term and reinvesting strategy. The currency aims to promote the purchase of the islands, and thus, the platform charges only 10% in fees on trading IGO. Also, the users can claim and purchase new islands without paying any charges. The asset seeks long-term sustainability by using Axie Infinity and Olympus DAO protocols as an inspiration. Axie Infinity is an online battling and trading video game based on NFTs. Additionally, Olympus DAO is a DeFi project trying to build a stablecoin asset supported by cryptocurrencies.

IGO seeks to allow the users to create their own Meta Islands and receive high returns of up to 2,295% APY. The annual percentage yield (APY) refers to the actual rate of return earned by the user for holding an asset. Once the user creates an island, Meta Island aims to reward them with perpetual passive income for life. There are five different island types on the platform, and each island produces different amounts of rewards:

Meta Islands (IGO) was introduced in the fourth quarter of 2021.

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