What Is Jigen? (JIG) Complete Guide Review About Jigen.

What Is Jigen?

Jigen Coin 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, tries to address a wider audience and younger generations who are immersed in metaverses. NFTs on the 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. Jigen NFTs are digital certificates serving as proof of authenticity. Customer ownership is guaranteed by the blockchain itself.

Buyers can at any time get the physical product by claiming it on the website. In this way, the NFT previously purchased will be promptly delivered to the owner. Through the blockchain explorer, the user can visualize the time of purchase, the current state of the product (if delivered or still in virtual form) and the transactions associated with the product, including previous owners and the hash related to the claiming process.

Jigen Coin Storage Key Points

How Jigen Works?

NFTs on the Jigen Coin 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. NFTs are digital certificates serving as proof of authenticity. customer ownership is guaranteed by the blockchain itself. Buyers can at any time get the physical product by claiming it on the website.

In this way, the NFT previously purchased will be promptly delivered to the owner. Through the blockchain explorer, the user can visualize the time of purchase, the current state of the product (if delivered or still in virtual form) and the transactions associated with the product, including previous owners and the hash related to the claiming process.

WHY BACKED NFTS?

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

• Digitize and track the entire lifecycle of an item, putting an end to counterfeiting.
• Unlock a new liquid market for fashion & luxury items on the blockchain
• Wide Range of Applications for backed NFTs in DeFi
• Bring your wearables into the metaverse

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 the app

The Metaverse and Gaming Ecosystem

The concept of the metaverse was originally described by Neal tephenson in his novel Snow Crash in Stephenson describes a shared digital space that people can access by wearing virtual reality goggles and connecting to a shared fiber optics network. However, more current interpretations of the metaverse open up entirely new possibilities, giving you the freedom to do whatever you want:

Socializing, working, playing, shopping, creating, or learning about new places and ideas. The Jigen Coin metaverse places not only the entire physical world at your disposal, but also the capabilities of your mind in your hands.

TOKEN UTILITY

Jigen (JIG) token is a core element of the ecosystem. It empowers the community in three different ways

Exclusive access

Based on Jigen the amount of tokens held, holders will get exclusive access and privileges within the platform.

Staking

Token holders will become eligible for the calculated rewards by staking and farming $JIG, helping to reduce circulating supply and promote sustainable token growth.

Governance

$JIG holders will be able to vote for ecosystem initiatives and new feature developments. They will also take part in the creation process, voting for their favorite designs, artists and brands.