Abstract

Traditional games were born based on the interests of users. It has been designed so far by combining various technologies and content ideas such as accessibility, world view, and technological convergence. However, as numerous games appeared, they repeated self-replication and aimed at excessive profits through the system. Users' perception of games and related markets has changed negatively, and the current game market is stagnant. Compared to the traditional gaming industry, which has been around for over 30 years, the P2E industry has only recently begun. It has been around for a while, but has achieved exponential growth in terms of transactions and total active users. It took more than 10 years for cryptocurrencies like Bitcoin to go mainstream, but given the current situation, game-fi is expected to gain momentum much faster than cryptocurrencies.

iUP provides an elaborately designed blockchain-based platform. In addition to the original fun of the game, we want to provide game users with a new interest in economic profits. Team iUP caught the huge demand for NFT games and combined it with more than 10 years of mobile game development and production experience, the team created an exciting game that meets people's needs. You can have both great quality games and economic returns. Game dApps using the existing blockchain could not be free from technical problems including Low TPS and economic problems such as High Transaction Fee. These issues have prevented the harmonious integration of traditional game content and blockchain technology. Therefore, it was not possible to provide users with the traditional values of games, such as pleasure and interest.

To solve this problem, iUP has developed a complex structure that connects the service chain of individual games to the public chain through a link chain. Link Chain solves the problem of low TPS and excessive fees by separately recording numerous item acquisition and transaction events that occur in-game. Additionally, the service chain is scalable for the number of games being onboarded within the platform. Within this complex structure, the Transaction Delegator method is used for efficient asset and data transfer between chains.

iUP's token economy consists of the main tokens 'iUP token' and 'Game dedicated token'. The iUP token is a platform-level token that reflects the value of the entire ecosystem. Game dedicated tokens are used in games, and game users can purchase in-game goods and values. It can also be swapped with iUP tokens within the platform at a reasonable rate. All participants, consisting of platform holders, developers, and users, will be rewarded with tokens. As this network grows, the value of the tokens increases, and all participants receive greater rewards. Designed for sharing within the platform, the token economy provides a clearer and clearer common interest because all participants are connected and integrated. As members of the ecosystem, all participants can fulfill their roles and effectively move towards common interests and goals.